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8/12
05:34
The data center backlash and recent regulatory changes are complicating the picture for power plant owners, challenging their previous advantage of rising demand outstripping new supply.
05:32
Tencent's second-quarter revenue rose 11% year-on-year, with domestic games revenue up 17% to 47.3 billion yuan and marketing services revenue up 22% to 43.6 billion yuan, aided by AI-driven ad recommendation models. However, its core profit of 68.4 billion yuan, up 9% year-on-year, missed analyst expectations. The company's capital expenditure also surged 65% quarter-on-quarter to 52.8 billion yuan as it ramps up computing infrastructure for AI.
05:16
The International Energy Agency (IEA) said on Wednesday that global oil demand is expected to fall by 1.6 million barrels per day (bpd) in 2026, an increase of 510,000 bpd from its July forecast, due to high fuel prices and the escalating impact of disruptions in the Strait of Hormuz. The IEA noted that while demand is expected to rebound later this year and return to growth in the fourth quarter, "new hostilities and maritime disruptions" are hindering the increase in global oil supply, which in July was still down 6.3 million bpd year-on-year. Since the outbreak of the Iran war in February, the International Monetary Fund has lowered its annual economic growth forecast from 3.3% to 3%.
05:04
The bank's initiative will involve lending, investing, capital markets, banking, and advisory work to support a new wave of infrastructure investment in data centers, energy, and critical minerals, potentially creating tens of thousands of jobs.
04:58
The selling volume, while lower than Bitcoin spot ETF outflows, could have an outsized impact on the market even with relatively moderate and steady selling during a downward trend with weak buying, CoinDesk reported. Many miners are facing a profit squeeze, with an average mining cost of $74,300, prompting an increasing number of companies to pivot to artificial intelligence, leveraging their high-voltage power capacity to support this transition.
04:43
U.S. stock index futures rose ahead of a key U.S. inflation report for July. Meanwhile, oil prices rose due to the ongoing standoff between the U.S. and Iran. Former U.S. President Donald Trump said late Tuesday that the situation with Iran was "going along very well" and claimed that U.S. forces controlled the key Strait of Hormuz. "Donald Trump told reporters, "We own it. At some point, maybe they'll do something, and then they'll be blown out of the water."
04:34
The Australian Securities and Investments Commission (ASIC) stated that it has received investor reports of being unable to access their funds and has taken action to shut down multiple Yepbit websites. ASIC simultaneously denied Yepbit's false claims that the regulator had frozen investor funds, pointing out that Yepbit operates in Australia without the required financial services authorization and is not registered on AUSTRAC's Virtual Asset Service Provider register. Previously, regulators in the Philippines and Ghana had also issued warnings against Yepbit.
04:30
US stock futures are rising, poised to break two consecutive days of declines, as investors await the release of July's Consumer Price Index (CPI) data. The optimism is largely fueled by yesterday afternoon公布的云服务公司CoreWeave和服务器公司Super Micro Computer的强劲业绩,这重新点燃了市场对AI相关股票的热情。经济学家预计,7月CPI同比将增长3.4%,低于6月的3.5%。该报告是下月美联储会议前的一个关键数据点,将影响市场对美联储利率决定的预期。
04:25
Financial market disclosures made by Situational Awareness, a hedge fund that previously liquidated its stock portfolio, revealed on Wednesday that it held as much as a 16.6% stake in Japanese company Taiyo Yuden. This news led to a surge in Taiyo Yuden's stock. However, it remains unclear whether the now-liquidated hedge fund, led by former OpenAI researcher Leopold Aschenbrenner, still owns these shares.

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