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8/11
03:11
The brokerage pointed out that the "K-shaped" pattern of excessive capital concentration in AI technology is unsustainable, due to a shift in the AI narrative's slope, deteriorating market microstructure, and liquidity disturbances. In the future, the market is expected to evolve from concentration at both ends to thickening in the middle, with allocation strategies including technology differentiation, deep value, and distressed reversal.
03:09
FlightAware has sued Kalshi over alleged unauthorized data use for flight cancellation markets. FlightAware is also seeking a temporary restraining order to bar Kalshi from activities involving the flight-tracking site.
03:06
South Korean chipmaker SK hynix is considering an initial public offering (IPO) for its US NAND subsidiary Solidigm on Nasdaq. The move could help the company recover part of its $9 billion acquisition cost and raise fresh capital for expansion in the United States. Market attention has intensified following reports that Solidigm may pursue a pre-IPO funding round ahead of a US listing, though SK hynix has not yet confirmed the plan.
03:00
Driven by relatively optimistic sentiment in the technology sector, South Korea's Kospi index rose 1.2% on Tuesday, with Samsung Electronics gaining approximately 5%, boosted by expectations of shareholder returns and export data. Meanwhile, Brent crude oil prices rose for the fourth consecutive trading day, stabilizing around $87.75 per barrel on Tuesday, reigniting inflation concerns and leading to a decline in Asia-Pacific bonds alongside U.S. Treasuries. Beth Hammack, President of the Federal Reserve Bank of Cleveland, stated on Monday that multiple interest rate hikes might be necessary to bring inflation down to target levels, further intensifying vigilance against interest rate risks. Affected by this, gold fell 0.3% to $4376 per ounce on Tuesday. Investors are closely watching the U.S. Consumer Price Index (CPI) report to be released this Wednesday for guidance on the Federal Reserve's future interest rate path.
02:24
The Reserve Bank of Australia (RBA) unanimously decided to keep its key interest rate unchanged at 4.35%, stating it will hike further if required.
02:18
Samsung SDI, SK On, and LG Energy Solution are preparing to compete for the South Korean government's third energy storage system (ESS) tender, valued at approximately 1 trillion won ($706.8 million), which could open as early as this month. SK On's recent victory in the latest tender has intensified competition, putting greater pressure on LG Energy Solution and its domestic rivals to cut costs.
02:17
Latin American used car trading platform Kavak piloted an AI CEO in its Cuernavaca, Mexico operations, achieving a 50% profit increase within six weeks. The AI CEO was responsible for operational decisions, employee task allocation, and key metric monitoring. This move is part of Kavak's three-year AI transformation, with 96% of its customer interactions and 95% of its transactions currently handled by AI agents.
02:07
Bank of Korea (BOK) Senior Deputy Governor Ryoo Sang-dai stated on Tuesday that the central bank should keep raising interest rates following its first hike in over three years. He noted that strong growth and persistent inflationary pressures outweigh the recent stabilization in the won and stock market, adding that financial stability risks could increase.
02:06
Payments platform Decta is exploring the use of stablecoins for fund settlements, aiming to achieve faster international transfers and more efficient liquidity management. The company will use USDC via OpenPayd's infrastructure to achieve this goal.

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