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8/17
08:03
On August 17, Unitree Robotics, a Chinese robotics company, unveiled a humanoid robot named "Superman" as the issuance results for its IPO on the STAR Market were finalized and it was about to be listed. The demonstration video shows "Superman" achieving a standing high jump of 2 meters and a top speed of 12.66 meters/second with a leg length of 0.85 meters. Both metrics break human records for standing high jump and running speed. Unitree Robotics stated that the robot was developed in just over three months and still has room for improvement in the future. The company's IPO issuance price is 150.80 yuan per share, corresponding to a total market capitalization of approximately 60.993 billion yuan RMB after the issuance.
07:51
Local Bounti's Q2 revenue increased 14% year-over-year to $13.9 million, with adjusted EBITDA loss narrowing 17% year-over-year to $5.8 million, and record network yield. The company stated that retail momentum has expanded to new customers and SKUs, including a planned single-serve salad kit pilot in approximately 400 stores this fall. Additionally, a recent $12.5 million investment has enhanced short-term liquidity.
07:50
U.S. equity futures were broadly lower early Monday, after the S&P 500 posted its third consecutive weekly gain and closed at a record high last week. Market sentiment was boosted by a strong second-quarter earnings season, while weak retail sales data and a subdued inflation report collectively lowered traders' expectations for a Federal Reserve rate hike next month. Additionally, Brent crude prices rose 0.68% to $89.12 per barrel, and both Chinese equities and Tokyo's Nikkei index advanced.
07:50
Investor Sean Williams states that his holdings in the business development company (BDC) PennantPark Floating Rate Capital (PFLT) have grown by 242% since the beginning of the year. He believes that despite market concerns about BDCs, such as loan defaults due to economic weakness, PFLT's catalysts (e.g., high yield and monthly dividends) and the security of its loan portfolio (99% first-lien secured debt) make it valuable. PFLT currently trades at a 26% discount to its net asset value (NAV) per share. Furthermore, he anticipates that a war with Iran and Donald Trump's tariffs could lead to inflation, forcing the Federal Reserve to raise interest rates, which would benefit PFLT's net investment income (NII).
07:48
Despite weeks of Bitcoin's price remaining calm below $65,000, options contracts are pricing in substantially more movement than the market is currently delivering. The 30-day realized volatility has dropped to an annualized 21.80%, its lowest since October 2025, yet the forward-looking 30-day implied volatility (Volmex's BVIV index) sits at 36%. This significant gap, also reflected in one-week metrics (implied 29% vs. realized 16%), suggests options are more costly than the spot market's recent quietude would imply, requiring larger price swings for traders to break even.
07:40
Wells Fargo, BMO, Mizuho, Berenberg, Barclays, TD Cowen, Piper Sandler, Jefferies, Citigroup, JPMorgan Chase, and other institutions recently raised their price targets for dozens of US-listed companies, including AbbVie (ABBV), Applied Materials (AMAT), Berkshire Hathaway (BRKa/BRKb), Beyond Meat (BYND), CrowdStrike (CRWD), Dell (DELL), Exxon Mobil (XOM), and PayPal (PYPL). Among these, TD Cowen raised its price target for Berkshire Hathaway Class A shares from $721,000 to $792,000, Berenberg increased its price target for Applied Materials from $575 to $675, and Barclays raised its price target for Beyond Meat from $0.50 to $10.
07:34
The Israeli military announced on Sunday that it had killed senior Hezbollah commander Abu Hassan Alaa in southern Lebanon a day earlier. Israeli Prime Minister Benjamin Netanyahu stated that these attacks were in retaliation for a previous Hezbollah attack that seriously wounded three soldiers, resulting in a total of 11 deaths. This conflict is the latest setback in efforts to end the parallel war in the Middle East.
07:34
The Saudi Organization for Chartered and Professional Accountants (SOCPA) has referred an unlicensed company to the Public Prosecution for advertising professional services without a license. SOCPA stated that legal action was taken after preliminary examination and investigation revealed that the company was promoting professional services regulated by SOCPA on its website without obtaining the necessary authorization. This move aims to strengthen SOCPA's regulatory role over the accounting and auditing profession and protect the profession and its beneficiaries from illegal practices.
07:31
Michael Saylor, Executive Chairman of Strategy, and Simon Gerovich, CEO of Metaplanet, both stated that Bitcoin's fixed supply of 21 million coins is superior to unlimited money printing, regardless of short-term price fluctuations. Gerovich noted that global M2 money supply has reached an all-time high of over $100 trillion, calling it a long-term bullish tailwind for Bitcoin. Saylor described Bitcoin as "digital monetary energy" because its supply cannot be arbitrarily expanded. Strategy holds 840,447 Bitcoin (valued at $53 billion), and Metaplanet holds 43,000 Bitcoin (valued at $2.7 billion). Jurrier Timmer, Fidelity's Director of Global Macro, also predicted that Bitcoin would catch up with the money supply if gold rises again.
07:31
Datavault AI will pay $3.53 per share for approximately 26.8 million common shares of CyberCatch. The acquisition is expected to integrate CyberCatch's AI-enabled cybersecurity solutions into Datavault AI's Quantum Private Network GPU ecosystem, including quantum-resistant technology.
07:30
Alibaba has launched an AI model, Qwen3.8-27B, designed to run on consumer hardware like laptops. Concurrently, it released the weights of its most powerful model, Qwen3.8 Max, allowing free download and use. This move intensifies its competition with Meta in the open-weight AI market, where Alibaba aims to maintain its leadership. The company stated that Qwen3.8-27B demonstrates strong capabilities in coding, professional work, research, and long-horizon agentic tasks, matching the performance of models ten times its size. According to Hugging Face, Qwen-based models currently account for 151,448 derivatives, which is 2.6 times Meta's total footprint.
07:28
Reportedly, Cathie Wood's ARK Invest continuously bought Tesla (Tesla) shares between June 21 and August 5, 2026, estimated to have increased its holdings by approximately 450,000 shares, with a total value of about $175 million. This increase in holdings occurred as Tesla's stock price fell by 24% from the end of 2025, making it the weakest-performing stock among the "Magnificent Seven." Wood maintains a Tesla price target of $2,600 for 2029, implying an upside of over 700% from current levels, while Wall Street's consensus price target is only $395.
07:28
The analysis suggests that Amazon's cash flow issues primarily stem from its $53.1 billion capital expenditure on AI infrastructure. However, its AWS cloud services division showed strong revenue growth (up 36.7% year-over-year to $42.2 billion) and has a backlog of $496 billion in orders, providing assurance for future cash flow recovery. In contrast, Meta's capital expenditure last quarter was $31.1 billion, and while its free cash flow surplus of $784 million was positive, its structural risks are considered deeper due to the lack of cloud service revenue to offset hardware costs. Amazon plans approximately $200 billion in capital expenditure by 2026, while Meta has narrowed its range to $130 billion to $145 billion. Over the past month, Meta's stock price has fallen by 13.42%, while Amazon's has risen by 3.02%.
07:18
Long reliant on oil and gas exports, Azerbaijan passed legislation in July to create a legal framework for investment instruments, aiming to reduce costs and simplify funding rounds for startups. Deputy Digital Development Minister Rashad Hasanov expects foreign venture capital and institutional investors to provide a significant share of new funding, with plans to launch a fund combining local and international capital.
07:18
Analysis indicates that despite a recent cooling in large-cap tech stocks, institutional ownership in these three companies continues to rise, with Microsoft at 76.36%, Google at 81.17%, and
07:02
Argentina LNG, sponsored by Argentina's state-owned YPF, Italy-based Eni and ADNOC's international investment arm XRG, has applied to participate in Argentina's Large Investment Incentive Regime (RIGI) for its $51 billion integrated liquefied natural gas (LNG) project. This project, which would transform natural gas from the Vaca Muerta formation into LNG for export, represents the largest private investment in Argentina's history and the largest proposed under the RIGI framework to date. The project is expected to generate around $10 billion in export revenues per year over 20 years, with investment projected to reach $29 billion by 2031.
06:45
The Dutch Public Prosecution Service has sold cryptocurrency seized from the Knaken platform, raising $2.5 million (€2.2 million) to repay creditors of the defunct platform, according to court-appointed trustee Carl Hamm. Knaken, which operated without the necessary licenses from the Dutch market regulator, went offline in early June this year and was declared bankrupt by the Rotterdam court on July 16. The trustee estimates that customers invested between $12 million and $14 million, and this sale is currently the only funds in the bankruptcy estate.

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