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7/28
22:48
Hong Kong's gold imports surged to their highest level since late 2014 in June. This increase was driven by preparations for the city's recently launched gold clearing system and robust demand from mainland China.
22:47
On Wednesday, Asian tech stocks continued their downward trend, with the semiconductor sector leading the decline. Among them, South Korea’s SK Hynix fell more than 10%, and Samsung Electronics dropped more than 4%;Japan’s Kioxia fell 10%, Tokyo Electron dropped 8.5%, and SoftBank Group (considered a bellwether for AI investments through its stake in Arm) saw its shares fall more than 7%; Hong Kong’s Hang Seng China Semiconductor Chip Index fell more than 5%; and the TSMC fell 1.32%.Earlier, U.S. semiconductor stocks also fell overnight.
22:35
On-chain data from Lookonchain indicates that whale 0xEbE1 has profited over $10 million from shorting the crypto asset $SKHX. Additionally, the whale has accumulated $1.23 million in funding fees as $SKHX continues to decline.
22:32
Indian IT stocks are staging a comeback. The Nifty IT Index's correlation with the Philadelphia Semiconductor Index has fallen to its lowest level since 2018.
22:32
Meta CEO Mark Zuckerberg has warned that the United States should not ban Chinese artificial intelligence. He cautioned against "regulatory capture," arguing that such a ban could lead to American rules on AI technology being dominated by a few existing companies.
21:54
Saudi Arabia's Ministry of Defence announced it carried out targeted strikes against Iran-backed armed groups in Iraq early on Wednesday, in coordination with US Central Command (CENTCOM). The strikes were a response to recent drone attacks launched from Iraqi territory that targeted Saudi petroleum facilities in the Eastern Province and Riyadh regions.
21:48
The Nikkei 225 index is down 3.95% today and is currently trading at $62,364.92.
21:43
Global funds are rapidly unwinding short positions in Hong Kong tech stocks. These short positions were initially entered earlier this year to raise capital for investments in South Korea's chip giants, but the latest correlation numbers indicate this reversal in trading strategy.
21:15
AI energy provider Bloom Energy reported its second-quarter 2026 financial results, with revenue surpassing the $1 billion mark for the first time and significantly raising its full-year guidance. The company’s total revenue for the second quarter reached $1.065 billion, a 166% increase year-over-year, exceeding Wall Street expectations. Non-GAAP diluted earnings per share were $0.78, also far exceeding analysts’ expectations.

Bloom Energy raised its full-year 2026 revenue guidance from $3.4 billion to $3.8 billion to $3.9 billion to $4.2 billion, and doubled its full-year adjusted operating profit guidance from $425 million to $450 million to $800 million to $900 million. KR Sridhar, the company’s Chairman and CEO, stated that all major U.S. hyperscale cloud providers, as well as several emerging cloud providers and AI labs, have validated and approved its power solutions for use in AI facilities. He emphasized that “chips without power are just inventory,” highlighting the company’s advantage in the speed of power delivery to AI data centers.
21:04
Japanese government bond futures rose slightly during early morning trading in Tokyo.
21:01
U.S. Central Command (CENTCOM) stated that U.S. forces intercepted multiple ballistic missiles fired by Iran at U.S. forces in the Middle East. In response, a joint U.S.-Saudi Arabian coalition struck targets of “pro-Iranian terrorists” inside Iraq.Over the preceding 72 hours, drones operated by Iran’s Islamic Revolutionary Guard Corps (IRGC) had carried out more than 30 attacks. This exchange of fire shattered the brief lull in tensions between the U.S. and Iran, following remarks by U.S. President Donald Trump regarding “very friendly negotiations.”
20:58
Oil prices rose sharply after Iran launched ballistic missile attacks on U.S. forces in the Middle East, prompting retaliatory strikes by U.S. and Saudi forces against Iran-aligned targets in eastern Iraq. International benchmark Brent crude futures gained 3.42% to $86.97 a barrel, while U.S. West Texas Intermediate futures advanced 3.58% to $82.09 per barrel. The renewed tensions, coupled with concerns over Houthi attacks on Saudi oil facilities and a hawkish tone from U.S. Federal Reserve Chair Kevin Warsh, contributed to the price surge.
20:51
A wallet linked to Multicoin Capital recently unstaked 1.07 million HYPE tokens, valued at approximately $58.86 million. Following this, 86,314 HYPE tokens, worth about $4.78 million, were deposited into Coinbase Prime. The 1.07 million HYPE tokens were originally acquired via Galaxy Digital OTC at an average price of $37.5, and the current holdings show an unrealized gain of approximately $18.75 million.
20:48
The Dow Jones Industrial Average is up 1.03% on the day and is currently trading at $52,747.32.
20:48
South Korean memory-chip maker SK Hynix reported a sixfold increase in profits, attributing the surge to the artificial intelligence (AI) boom. The company, the world's second-largest memory-chip producer, stated it secured multiyear contracts with approximately 10 customers.
20:36
Japan's Nikkei index rose 0.9% in early trading. Chip and auto stocks led the gains, rebounding modestly from Tuesday's sell-off in tech stocks.
20:21
The United States has accused Iran's Islamic Revolutionary Guard Corps (IRGC) of carrying out "surprise" ballistic missile attacks. This claim comes as Saudi Arabia reported intercepting drones, and Iran issued a warning that it would take "any action" necessary to maintain its control of the Strait of Hormuz.
20:16
The RL1 collaborative blockchain network has begun operations. Backed by 10 European financial institutions, including ABN AMRO, DekaBank, and Natixis Corporate and Investment Banking (Natixis CIB), the network operates as a membership-based blockchain cooperative.
20:10
Singapore stocks are on track for their best monthly performance in nearly six years, supported by a rally in banking shares.

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