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Mediators indicate a potential breakthrough to revive the US-Iran memorandum signed last month, with key disputes over Strait of Hormuz operations being bridged. Iran and Oman have approved the proposal, awaiting final US decision after Trump-Netanyahu talks.
Read MoreA trader, Beaumont, closed a massive $28.95M Micron short position, securing ~$2.95M in profit. Immediately after, they opened a $29.42M leveraged short position against NVIDIA at $193.15, signaling a swift strategic shift in market focus.
Read MoreElon Musk has announced that Grok 4.6 is expected to launch on August 7th. He also revealed that Grok 4.7, a massive model with 2.1 trillion parameters, is planned for release just weeks later, signaling a significant leap in AI scale.
Read MoreOn July 28th, U.S. markets staged a sharp reversal, with major indices turning positive led by strong gains in tech giants like Microsoft and Apple. In stark contrast, the semiconductor sector suffered heavy losses, highlighting a significant divergence within the market.
Read MoreGalaxy Digital has acquired 500 acres in McGregor, Texas, for its second major AI and high-performance computing data center campus. The first phase targets 74MW, with power expected in 2028 and plans to scale to hundreds of megawatts by 2030, marking a strategic shift toward AI infrastructure.
Read MoreOn-chain monitoring reveals a Bitwise ETF transferred 39,310 HYPE tokens, worth approximately $2.13 million, to Coinbase. This substantial movement has drawn market attention to potential institutional strategy shifts.
Read MoreKimi's open-source PerceptionBench evaluates multimodal models on 10 core visual perception tasks. Testing 16 leading models revealed none surpassed 60% overall accuracy, with GPT-5.6-Sol leading at 59.7%. The benchmark highlights persistent weaknesses in visual hallucination and fundamental perception capabilities.
Read MoreElon Musk's wealth has dropped around $650 billion since June peaks as Tesla and SpaceX shares fell. His net worth remains above $700 billion. Investors question if AI-driven growth can justify current high valuations.
Read MoreCore Scientific, a leading AI and data center service provider, recently disclosed a significant addition of 301 bitcoins to its holdings, bringing its total to 848 BTC. This strategic move highlights the company's confidence in the long-term value of digital assets and signals potential shifts in its corporate strategy.
Read MoreOn July 28, US AI hardware stocks faced a severe sell-off, with the Philadelphia Semiconductor Index plunging 6.03%. Several major players saw steep declines, including SanDisk down over 16%, and Micron, Western Digital, and Seagate all falling more than 10%, highlighting intense market concerns.
Read MoreZcash has activated its Ironwood network upgrade, launching a new shielded pool. The update addresses prior protocol vulnerabilities, enhances independent supply verification via a turnstile mechanism, and strengthens long-term security. Users must migrate funds using compatible wallets.
Read MoreApple's market cap has surpassed $5 trillion for the first time, making it the world's second public company to reach this milestone. Its stock has surged over 20% since late June, significantly outperforming the broader market.
Read MoreApple is reportedly accelerating its smart home strategy with a series of new products. The centerpiece is a new home hub powered by a revamped Siri AI, alongside refreshed Apple TV and HomePod mini devices, signaling a major push to compete more aggressively in the connected home market.
Read MoreU.S. stocks opened with mixed performance. The Dow Jones rose 0.77%, while the Nasdaq and S&P 500 edged lower. The storage chip sector led the decline, with major players like Western Digital and Micron falling over 6%.
Read MoreZhongji Xuchuang's chairman proposed a share buyback plan using 4-8 billion RMB of company funds, with repurchase price capped at 150% of the recent average. Shares will be used for employee incentive programs or canceled if unused within three years, signaling strong confidence in long-term value.
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