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8/4
05:31
According to a new Allium Labs report, the Solana-based PreStocks platform has processed $414.7 million in volume since its September 2025 launch, accounting for 78% of all trading volume in pre-IPO OpenAI and Anthropic tokens across three venues. The combined volume for these pre-IPO tokens reached $532.1 million. This development, alongside asset manager BlackRock's recent filing with the SEC to issue tokenized fund shares on Solana and launch a cash management product, highlights Solana's increasing role in tokenized real-world assets.
05:31
The latest report from China Securities Credit Rating Macro Team points out that the current A-share adjustment is a structural deleveraging, rather than a comprehensive balance sheet contraction caused by tightening macro liquidity. The report believes that the stage of the most significant explicit leverage pressure has passed, off-exchange leverage has not yet shown systemic risks, ETFs are still providing capital support, and stock pledge risks are also at a low level. Data shows that the margin balance dropped to approximately 2.6 trillion yuan on July 17, a decrease of about 238.5 billion yuan within three weeks, a decline of about 8.4%. Risks are mainly concentrated in technology growth sectors that have seen significant gains previously. The report concludes that the end of deleveraging requires attention to whether margin trading stops flowing out and whether overseas AI trading can stabilize again.
05:26
HUMAIN, a technology company backed by Saudi Arabia's Public Investment Fund (PIF), will primarily use this investment to support MOZN's international expansion and the scaling of its sovereign AI platform. Both parties will jointly develop and implement production-grade AI solutions, with a focus on areas such as financial crime prevention, knowledge intelligence, and governance, risk, and compliance (GRC). The first joint solutions are expected to be announced at the LEAP technology event in Riyadh, Saudi Arabia, with a full market launch planned for the second half of 2026.
05:06
South Korean retail shareholder platform ACT said on Tuesday it has launched a campaign calling for Samsung Electronics to hold an extraordinary general meeting. Investors are urging Samsung to buy back about $320 billion (45.5 trillion won) in shares and are demanding a cap on performance bonuses linked to the company's operating profit, subject to shareholder approval. This move comes as Samsung's share price has fallen by more than a third since hitting an all-time high in June. ACT noted that Samsung had agreed in May to distribute 10.5% of its operating profit to chip division employees as special bonuses, arguing that the rules for paying such large bonuses should not be decided solely by the board of directors.
05:06
The Financial Times reported on July 31 that Amazon has finalized its full $50 billion investment in OpenAI, securing approximately a 5% stake. This move was enabled after Microsoft revised its OpenAI agreement on April 27, lifting the exclusivity that had previously restricted rival cloud providers. Amazon's investment also includes a broader partnership, making AWS the exclusive third-party cloud distributor for OpenAI Frontier and committing OpenAI to consume roughly 2 gigawatts of Trainium capacity. Additionally, an existing $38 billion AWS agreement was expanded by $100 billion over eight years. Microsoft, while relinquishing exclusivity, remains OpenAI's primary cloud partner and retains a non-exclusive license to OpenAI models and products through 2032.
05:04
Bernstein analysts noted that Texas Governor Greg Abbott's order to audit all data center projects in the state will curb speculative development and increase the scarcity value of already approved power capacity. This is expected to benefit existing Bitcoin miners and AI operators. The audit led grid operator ERCOT to pause its "Batch Zero" process, with data centers currently accounting for about 90% of ERCOT's 474 GW interconnection queue. Analysts emphasized that while some developers' expansion plans may face delays, existing operations are unaffected. Bernstein assigned "Outperform" ratings to Cipher Digital (CIFR), CleanSpark (CLSK), IREN (IREN), Core Scientific (CORZ), Riot Platforms (RIOT), and Terawulf (WULF), and an "Market Perform" rating to Marathon Digital (MARA). The report also mentioned that over the past two years, mining companies have contracted 8 GW of power capacity with hyperscalers, new cloud providers, and AI chip manufacturers.
04:32
The warning, detailed in its "Defense of Japan 2026" white paper, stated that growing military cooperation between Russia and North Korea could significantly strengthen Pyongyang's military capabilities. The white paper also noted that the Ukraine war is boosting Pyongyang and cautioned over deeper ties between Beijing and Moscow.
04:19
According to strategists at Citigroup Inc., Europe’s stock market is the only major region to have experienced a meaningful improvement in risk appetite in recent weeks, supported by fresh capital inflows and better-than-expected earnings.
04:12
Barclays' latest research report, published on August 4, indicates that the share prices of the 12 AI concept stocks it has been tracking since February have, on average, fallen by approximately 25% from their respective peaks.
The report also shows that over the past month (July 6 to July 31), the implied AI valuation multiples for the entire AI portfolio decreased by an average of another 17%, equivalent to about 9 valuation multiples. During the same period, the S&P 500 index fell by 1%, and the Nasdaq 100 index fell by 5%.
Despite the pressure on the AI sector, it has still seen an average gain of approximately 60% year-to-date. Barclays analysts believe that this correction is primarily due to share prices having risen significantly before quarterly earnings reports, with actual performance not being sufficient to support further valuation expansion. However, the report also emphasizes that the fundamentals of AI businesses remain strong, and Barclays has revised its forecast for the compound annual growth rate of cloud AI revenue for AI concept stocks (2023-2027) from approximately 53% to about 65%. In contrast to the correction in AI concept stocks, non-AI company share prices rose by an average of low double-digit percentages during the same period, indicating signs of capital rotation.
04:07
Jim Cramer stated that IBM Chairman and CEO Arvind Krishna once pointed out that quantum computers might challenge modern cryptography within three to four years, which prompted Cramer to decide to liquidate his Bitcoin holdings. However, the crypto community reacted positively to this, with many seeing it as a "buy signal," as Cramer's prediction record in the cryptocurrency and banking sectors is often considered a contrarian indicator. Despite Cramer's remarks, the recent Coldcard hack, and rising bond yields, Bitcoin prices have remained around $64,000.

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