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8/3
05:18
Crypto exchange Bybit has listed the JNJUSDT Perpetual Contract, which is now open for trading with up to 25x leverage. The contract is also available for trading via Futures bots.
05:13
Under the agreement announced on July 31, each investor will subscribe for 100 billion yen, acquiring 48.3 million shares of Seven & i's common stock. This capital alliance aims to combine Seven & i's 7-Eleven network of over 20,000 stores in Japan with the partners' digital platforms, customer bases, and technological capabilities, with the expectation of building a more connected customer experience, improving store productivity, and creating new revenue opportunities.
05:08
The analysis emphasizes that despite the recent pullback in the semiconductor sector, TSMC, the world's largest contract chipmaker, holds investment value due to its technological leadership and scale advantages. TSMC recently raised the midpoint of its full-year capital expenditure guidance for 2026 by $8 billion to $62 billion and stated that this figure will significantly increase in the coming years. Furthermore, TSMC had already increased prices for its most advanced processes at the beginning of the year and plans to raise prices annually in the future, while also increasing its full-year revenue outlook to slightly above 40%, up from the previously expected 30%.
05:08
Microsoft CEO Satya Nadella stated on an earnings call that CPUs are just as important as GPUs for running AI agents. The company also noted that as AI demand evolves, the CPU to GPU ratio is shifting from an early 1:4-1:8 to 1:1, and mentioned that AMD Helios and NVIDIA Vera Rubin will be used in its future AI infrastructure.
05:08
Microsoft stated that despite its AI build-out still requiring high capital expenditures, it expects to achieve positive free cash flow in fiscal year 2027. This allays investor concerns about AI investment costs and debt, and demonstrates the sustainability of its AI ambitions.
04:42
A wave of US states are revoking tax breaks for data centers, putting pressure on the cost of large-scale AI infrastructure construction for tech giants. Four states have already canceled or suspended data center tax incentives, and another nine states are studying similar policies. This move could increase equipment procurement costs for a single 1GW-class AI data center by approximately $3 billion due to increased sales tax, and has already begun to impact financing terms for some data center projects.

The reason for the policy shift is that, as AI investment continues to heat up, state governments believe that tax incentives are eroding fiscal revenue, and that tech companies would not easily abandon local investments even without the incentives. Texas Governor Greg Abbott has asked the state legislature to study canceling sales tax exemptions for data centers. Washington and Arizona have canceled or suspended some exemptions, Louisiana has raised the threshold for benefits, and Virginia has switched to levying an electricity consumption tax, which is expected to add about $600 million in annual tax burden.
04:37
Samsung Electronics' foundry business in South Korea is at a critical turning point, with its capacity utilization rate expected to reach 100% in the second half of this year, driven by demand for HBM base chips and orders from major US tech clients. The current capacity utilization rate is estimated to be in the 70% to 80% range. Market analysts predict that the business will turn profitable as early as the third quarter and no later than the fourth quarter, ending a period of losses that has plagued it for over a year. However, the industry generally believes that converting potential clients into large-scale mass production contracts hinges on the 2nm process yield stabilizing above 70%, which is currently estimated to be in the 60% range.
04:34
The crypto exchange has already stopped accepting new registrations from Japan residents.
04:31
Google's parent company, Alphabet, disclosed that its potential financial guarantees for data center tenant defaults have surged from $6.5 billion at the end of September last year to $43.8 billion, a nearly sixfold increase in nine months. This move aims to support massive AI investments and expand the market share of its self-developed Tensor Processing Unit (TPU) chips. Through such "financial backstop" commitments, Google essentially acts as an implicit guarantor for data center developers, enabling them to secure cheaper debt financing and accelerate capacity building to promote TPU chips as an alternative to NVIDIA's AI chips. This strategy marks a sharp shift in Alphabet's capital structure, with its debt increasing from $23.6 billion a year ago to $98 billion. Despite the significant nominal exposure, the actual fair value recorded on Google's balance sheet is only $815 million. Analysts believe that its strong cash flow is sufficient to support this strategy, and the company is hedging risks by acquiring developer warrants, among other methods.
04:24
China's CXMT is reportedly considering building a second memory chip plant in Beijing and is currently engaged in financing talks with a local government-backed technology and manufacturing hub for the new facility, according to sources.
04:03
Bybit will commence wallet maintenance on Zircuit (ZRC) at the specified time, resulting in the suspension of both deposits and withdrawals. Trading and other activities will not be affected.
04:02
Fickling highlights tungsten's critical role in war manufacturing due to its high density and melting point, noting its increasing geopolitical necessity.
03:25
The company largely relies on staking rewards to fund its operations, facing significant financial challenges.
03:15
Samantha Dart, co-head of global commodities research at Goldman Sachs, said that disruptions to Russian fuel exports are leading to tight diesel supplies, raising concerns about global refining capacity and fuel prices.
03:05
According to an August 3 report by South Korea's JoongAng Ilbo, former Seoul City Council member Lee Jong-bae has officially reported Kim Yong-beom, Chief of Staff for Policy to the President of South Korea, to the Supreme Prosecutors' Office. The accusation alleges abuse of power, coercion, and obstruction of business by force. The complainant claims that Kim Yong-beom publicly exerted pressure during a media interview in January this year and directly instructed financial authorities to proceed with a study on the system for 2x leveraged ETFs on single stocks. Subsequently, the Chairman of the Financial Services Commission announced that the product would be allowed to list. Lee Jong-bae believes that Kim Yong-beom's intervention led to the hasty launch of this product, which was widely considered by the industry to carry significant risks, just before the election, ultimately causing substantial losses for many investors. Currently, neither Kim Yong-beom nor the Financial Services Commission has publicly responded to this report, and the relevant criminal determination awaits a formal investigation by the prosecution.
03:04
The Chinese e-commerce giant's food delivery unit announced the launch of a smart helmet that integrates an AI-driven voice assistant with a camera. This initiative follows similar deployments by rivals Alibaba Group Holding and Meituan, all aiming to enhance rider safety and improve delivery efficiency. The device is designed to minimize distractions in poor weather, allowing couriers to manage orders, communicate with customers, and complete tasks using voice commands instead of smartphones. It also provides turn-by-turn voice prompts and AI-assisted features like automatically reading delivery instructions and flagging potential hygiene issues during order collection.

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