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9/2
02:49
The Dow closed below its critical 50-day moving average (at 52849.85 points on the day) on Tuesday, the first time in nearly five months. Market analysts warn that this is typically seen as a precursor to a short-term trend reversal from uptrend to downtrend, potentially triggering technical selling. Meanwhile, both the S&P 500 and Nasdaq Composite also declined, barely holding above their respective 50-day moving averages by less than 1%. This downturn was influenced by multiple factors, including escalating tensions in the Middle East pushing up oil prices, persistent inflation, and the expanding US national debt, which drove the 10-year Treasury yield to 4.809%. Adam Turnquist of LPL Financial warned that it could retest the 5% mark, which is particularly unfavorable for interest-rate-sensitive technology sectors.
02:45
Bybit will support the Cosmos (ATOM) v28.0.0 network upgrade, which is expected to take place on Sep 02, 2026, at approximately 02:00 PM UTC. To ensure a smooth transition, deposits and withdrawals of Cosmos (ATOM) will be temporarily suspended starting from Sep 02, 2026, 01:30 PM UTC. Trading and other activities will not be affected.
02:40
Khadijeh Bandari, a fisherwoman from Hengam Island in southern Iran, shared her first-person testimony with Al Jazeera, detailing how the ongoing US-Israel war has disrupted her work, closed piers, halted fishing, and led to the destruction of homes and loss of life savings. Residents are leaving the island as bombing continues day and night, with a recent attack destroying a pier and killing three people.
02:40
The United States is seeking to extradite wealthy businessman James Chambers from Spain, accusing him of providing $7.5 million in funding to the Palestinian militant group Hamas. Chambers' wife and lawyer have called the move "political persecution," noting that Chambers is an heir to one of America's wealthiest families and has donated over $1 million to humanitarian projects in Gaza. The U.S. submitted extradition documents to Spain last week, and Spanish authorities are currently reviewing the request. This is reportedly the first time the U.S. has sought the extradition of an American citizen for allegedly funding Hamas.
02:38
Deutsche Bank reported that in August, gold prices rose 9.7% month-over-month, closing at $4,437 per ounce, while silver surged 15.6% to $66.58 per ounce, primarily driven by rising inflation expectations and concerns about financial repression. In agricultural commodities, corn futures increased by 16.8% (the largest monthly gain in five years), wheat rose by 18.3% (the strongest in four years), and sugar prices soared by 21.5% (the largest monthly gain since 2018).
02:38
Deutsche Bank reported that global long-term government bond yields rose sharply in August, with the US 30-year government bond yield reaching 5.31% on August 17, its highest since 2007. The German 30-year government bond yield climbed to 3.81% on August 31, its highest since 2011, and the Japanese 30-year government bond yield touched 4.14% on August 18, an all-time high since its first issuance in 1999. The US Treasury unexpectedly announced on August 19 that it would at least double the size of its long-term bond buybacks.
02:35
Bybit announced it will adjust the risk limits and applicable leverage for a range of perpetual contracts, including AVAXUSDT, XLMUSDT, and LTCUSDT. The changes will take effect automatically on Sep 4, 2026, at 7:30 AM UTC. A buffer period will be provided until Sep 21, 2026, 7:30 AM UTC, after which positions not meeting new margin requirements may face liquidation risk. Users are advised to manage their positions accordingly.
02:32
API Crude Oil Stock Change: -2.6, expected -0.8, previous 4.2
Release Time: 2026-09-01 20:50 UTC
02:32
GDP QoQ: 0.4%, Expected 0.3%, Prior 0.3%
Release Time: 2026-09-02 01:30 UTC
02:32
EPS: $7.04, market expected $4.91
Revenue: $46.97 billion, market expected $44.89 billion
Reporting Period: FY27 Q2 (ended 2026-07-31)
Release Date: 2026-09-01
02:32
EPS: $1.02, market expectation $0.98
Revenue: $3.41 billion, market expectation $3.35 billion
Reporting period: FY2026 Q4 (as of 2026-07-31)
Release date: 2026-09-02
02:08
Chinese President Xi Jinping held a brief, low-key meeting with Iranian President Pezeshkian on Tuesday during the Shanghai Cooperation Organization summit in Kyrgyzstan, according to Iranian state media. Chinese state media did not report the meeting. Analysts suggest this reflects China's cautious approach to Iran as Beijing seeks to avoid appearing too close to Tehran ahead of the upcoming US-China summit with President Donald Trump. Additionally, US Treasury Secretary Scott Bessent's call on Monday at the G20 Finance Ministers' meeting for member states to address China's manufacturing overcapacity and trade surplus is also seen as an attempt by the US and China to "maximize their leverage" before the summit.
01:59
In a US class-action lawsuit concerning Coupang's massive personal data breach, jurisdiction has emerged as the key issue. Judge Ann Donnelly on Tuesday questioned why the case should be heard in New York rather than in South Korea during a preliminary hearing at the US District Court for the Eastern District of New York. The plaintiffs argue that Coupang Inc. is an American company listed on the New York Stock Exchange.
01:59
Samsung Electronics and SK Hynix are shifting their AI infrastructure competition towards high-capacity enterprise solid-state drives (SSDs) to meet the growing demand for storage solutions in AI data centers. Previously, investments in the AI boom primarily focused on computing power such as graphics processing units (GPUs) and high-bandwidth memory (HBM). However, as large language models become increasingly complex and AI inference services expand, the industry faces storage challenges.
01:45
Hajime Takata's statement shattered the market's ingrained expectation that the Bank of Japan (BOJ) would continue with 0.25% incremental rate hikes. He also pointed out that real interest rates remain extremely low, and the rise in long-term bond yields reflects global trends, which will not be a reason to pause rate hikes.
01:42
According to the BBC, the United Nations Interim Force in Lebanon (UNIFIL) stated that Israeli forces are fortifying positions and continuing to demolish buildings in southern Lebanon. Israeli Defense Minister Katz said last month that he had instructed the military to prepare for a "long-term presence in the region." UNIFIL reported that Israeli forces have established four new bases in the invaded areas, bringing the total number of military positions to nine. Lebanese intelligence officials stated that since the ceasefire agreement in June, the Lebanese military has recorded over 5,000 Israeli violations, including airstrikes, drone attacks, shelling, and Israeli soldiers crossing into Lebanese territory almost daily.
01:37
Samsung Electronics and LG Electronics are using IFA 2026 in Berlin to demonstrate their vision for AI to operate across the entire home ecosystem, rather than being confined to individual devices. Samsung opened its main IFA exhibition on Wednesday, presenting its "AI Living" theme across TVs, home appliances, and Galaxy devices.
01:21
The fried chicken franchise announced its "AX Transformation," "Globalization 2.0," and "Sustainable Platform" strategies at its 31st anniversary ceremony held Tuesday, aiming to streamline store operations and maintain consistent product quality.

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