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8/6
05:47
Japanese lunar exploration startup ispace chooses Mitsubishi Heavy Industries' H3 rocket for 2028 moon mission, after previously relying on SpaceX
ispace CEO Takeshi Hakamada stated that economic factors and exchange rates were among the reasons for this decision. He pointed out that the Japanese Yen is currently significantly depreciated, while SpaceX's services need to be paid for in US dollars. ispace plans to conduct approximately three lunar transportation missions annually, with the H3 rocket expected to handle one to two of these.
05:46
Rep. Ro Khanna to introduce "Data Center Bill of Rights" to give communities power to reject AI power plants amid rising utility costs
The resolution aims to empower local communities to reject data center construction, bar facilities within 2,500 feet of homes or schools, and ensure utility bills do not increase due to their energy and water demands. This comes as voters nationwide express concerns over potential utility rate hikes caused by the facilities powering artificial intelligence, with several states already implementing moratoriums on data centers.
05:43
Tokenized Real-World Assets (RWAs) buck DeFi slowdown as deposits more than tripled to $7.4 billion, with lending and trading activity expanding.
05:33
A Wall Street Journal commentary noted that AstraZeneca shares are good value, whether a deal happens or not.
The Wall Street Journal commented that while the logic behind pharmaceutical giants' mergers and acquisitions is debatable, AstraZeneca's own performance record is not, considering its stock a bargain.
05:24
US-Israel War on Iran Disrupts Europe's Summer Travel, Forcing Flight Reroutes and Boosting Intra-European Tourism
The conflict has compelled airlines to abandon large swathes of airspace, leading to longer, costlier detours and significant flight schedule changes. The European Union Aviation Safety Agency (EASA) this week advised airlines to avoid Jordanian airspace and extended warnings for Bahrain, Kuwait, Qatar, UAE, and Oman until August 31. Major carriers like British Airways and Virgin Atlantic have suspended key routes to the Middle East. Consequently, European holidaymakers are increasingly opting for closer-to-home destinations such as Italy, Spain, Greece, and Norway, a trend confirmed by Europe's largest tour operator TUI. The rerouting adds 1-2 hours of flight time and 2,500-7,000kg of fuel consumption, also impacting destinations like Sri Lanka, which has seen a 20-30% drop in summer bookings.
05:23
China's Ministry of Commerce announced countermeasures against the U.S.: prohibiting seven U.S. entities from cooperating with Chinese parties, tightening export controls on drones to the U.S., and initiating a national security investigation in the foreign trade sector.
China's Ministry of Commerce announced a broad set of trade countermeasures on Wednesday in response to recent US restrictions on China. The specific measures include: prohibiting seven US companies and organizations from conducting business with Chinese entities, tightening controls on the export of drones and related technologies to the US, and banning Chinese companies from cooperating with US compliance and certification bodies, including mandatory inspections of Chinese factories. This marks China's broadest set of countermeasures since the trade truce in October last year. In addition, Chinese authorities have also launched their first national security investigation in the foreign trade sector, targeting imported printing and copying equipment with foreign software installed. The Eurasia Group noted that these measures mark the first time Beijing has sanctioned companies assisting in the enforcement of the Uyghur Forced Labor Prevention Act, which has a "significant impact" on US companies in China.
05:16
Ukraine's military hit two major Russian oil refineries, including Slavneft-Yanos in Yaroslavl, in long-range drone attacks, causing fire and injuries
Ukrainian President Volodymyr Zelenskyy confirmed the strikes on Thursday, stating they aim to limit Russia's oil revenues used to finance the war. The Slavneft-Yanos facility is one of Russia's biggest oil refineries, located hundreds of miles from the Ukraine border. The governor of the Yaroslavl region reported the area faced its largest-ever drone attack, with 93 drones destroyed, and falling debris hitting storage tanks, resulting in a fire and four injuries.
05:03
University of Tokyo is expected to run a deficit for the second consecutive year in fiscal 2026, raising questions over its financial viability.
04:56
Bloomberg Strategist Simon White: After S&P 500 Reaches New Highs, Nasdaq Composite May Follow with Short Covering Momentum, But Beware of "Bull Trap"
Bloomberg macro strategist Simon White points out that the S&P 500 index has continuously broken through historical highs driven by short covering, rising by 1.5% and 1.8% on Monday and Tuesday this week, respectively. However, the Nasdaq 100 index has not yet caught up, and the short interest ratio of its QQQ ETF remains high. He believes that a large number of open short positions in the Nasdaq Composite, once stop-losses are triggered, are expected to become the next driving force for the index to reach new highs. However, White also warns that inflation and real interest rate risks have not dissipated, and there is a possibility of a "bull trap" in this rally.
04:37
Michael Saylor reposted his podcast interview with Steven Bartlett, discussing topics such as Bitcoin, AI, and wealth accumulation.
In the podcast, Saylor looked back at MicroStrategy's "early, unconventional" bet on cryptocurrency in 2020, when his company was valued at approximately $600 million, and mentioned that the company's market capitalization once peaked at around $125 billion. The interview covered topics such as how AI helped him create wealth, whether buying real estate is the best way to accumulate wealth, professions that AI might revolutionize, and his immense belief in the future of Bitcoin.
04:32
Former Iranian female footballers Fatemeh Pasandideh and Atefeh Ramezanisadeh granted Australian citizenship after refusing to sing Iran anthem
The two players, who were branded traitors in Iran, were part of a group of seven from Iran’s delegation who sought protection from the host country following their high-profile protest during the Women’s Asian Cup in March. They received their Australian citizenship at a ceremony on Wednesday, expressing pride and gratitude. United States President Donald Trump had previously lauded their protest.
04:26
Nikkei Asia: US-Israel War on Iran Significantly Reshapes Asia's Energy Landscape, US and Russia Emerge as Key Beneficiaries
Nikkei Asia reports that more than five months since the US and Israel went to war with Iran, Asia's procurement sources for oil and liquefied natural gas have shifted significantly, with the United States and Russia emerging as major beneficiaries. Increased oil imports from both countries have partially offset the decline in Asia's total shipments. The report notes that this change not only reflects the region's economic resilience but also presages potential lasting adjustments in energy demand and supply chains.
04:24
Hong Kong's SFC obtains 13-year disqualification orders against former top executives of China Candy Holdings Limited for corporate malfeasance
04:23
Report: Apple urgently purchases DRAM memory for iPhone 18 launch after being rejected by CXMT over pricing issues
According to independent tech journalist Tim Culpan, Apple and its suppliers are urgently acquiring DRAM memory chips to meet the demand for the upcoming iPhone 18 series. With less than six weeks until the expected launch, Apple's assembly supply chain is accelerating the coordination of DRAM chip supply. Previously, Apple had attempted to negotiate lower DRAM procurement prices with China's CXMT (CXMT) but was rejected, as CXMT insisted on quoting prices no lower than, or even higher than, Samsung Electronics and SK Hynix. This reflects the tightening global DRAM supply as AI data center demand continues to squeeze storage resources, leading to increased bargaining power for memory suppliers and new supply chain challenges for Apple.
04:19
Coinbase reports delayed sends and receives for STX
04:18
SoftBank Group Q2 Net Profit Down 18% YoY to $2.4 Billion, But Far Exceeds Expectations Due to $8.5 Billion Gain from Intel Stake; OpenAI IPO Delay Remains a Cloud
SoftBank Group on Wednesday announced its quarterly results, showing a net profit of 347.3 billion yen (approximately $2.4 billion), an 18% year-on-year decrease. However, this figure significantly exceeded analysts' average expectation of 166 billion yen. The better-than-expected performance was primarily driven by a 1.3 trillion yen (approximately $8.5 billion) investment gain from its Intel holdings, as Intel's stock price surged by 216% in the quarter ending June. Nevertheless, the valuation gain from SoftBank's core bet on OpenAI was relatively limited, and its Vision Fund portfolio also experienced a decline. Uncertainty surrounding OpenAI's IPO and SoftBank's increasing debt pressure continue to pose severe challenges to its AI strategy. To support its total estimated investment of $65 billion in OpenAI, SoftBank has signed a $40 billion bridge loan and a $20 billion margin loan, leading to a significant increase in its leverage ratio.
04:13
Nasdaq-listed PowerCompute refinances $18 million debt at an initial interest rate of approximately 2% through Bitcoin-backed loans
04:06
Coinbase launches 24/5 US stock trading for UK users, advancing its ‘Everything Exchange’ strategy
Coinbase UK CEO Keith Grose stated that this launch is part of the exchange's broader push to bridge traditional and onchain finance.
03:56
Bitcoin Developers Find 85 Critical Vulnerabilities in Codebase, Call Situation "Extremely Bad"
A volunteer team conducted security audits on 390 Bitcoin projects in just over a day. Anonymous developer Calle stated that 16 developers submitted a total of 4,962 findings, including 85 critical vulnerabilities and 635 high-severity issues. These findings were the result of developers using AI models to audit wallets, cryptographic libraries, and infrastructure, with the team averaging one critical vulnerability discovery per person per hour, at an estimated cost of about $10,000 per day. Calle noted that most critical reports have been quickly verified by project owners.
03:45
AI data center power fluctuations are severely damaging critical equipment, leading to some facilities operating at 80% capacity and posing risks to grid stability. North American regulators have issued a Level 3 alert.
According to Bloomberg, the power consumption of AI data centers (especially during the model training phase) can surge or plummet dramatically within milliseconds. This severe fluctuation is causing frequent malfunctions or premature obsolescence of critical equipment such as batteries, gas turbines, and internal combustion engines. For example, xAI's Colossus supercomputing facility in Memphis, Tennessee, has already experienced cracks in its gas turbines, and some voltage-stabilizing batteries need replacement within weeks. Sources indicate that the actual operating time of some facilities has dropped to around 80%, far below design expectations. If the problem is not resolved, it will directly impact investors in related projects within the next 12 to 24 months. The North American Electric Reliability Corporation (NERC) has issued a rare Level 3 alert, urging large data centers to immediately address grid stability risks. Companies like NVIDIA and Heron Power Electronics are seeking solutions.

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