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08-07

Micron Outperforms SK Hynix and SanDisk in 30-Day Performance

ME News report, August 7 (UTC+8): According to TradingBeats (formerly Hyperinsight), over the past 30 days, all three major memory stocks on Hyperliquid have declined, but the divergence in performance has continued to widen: Micron (MU) fell 5.7%, SanDisk (SNDK) fell 23.8%, and SK Hynix (SKHX) fell

OpenAI upgrades ChatGPT free and paid tiers with GPT-5.6 models

AI-generated summary: OpenAI has rolled out a major update to ChatGPT, switching the default model for free users to GPT-5.6Luna, with no longer any text chat limits. Plus and Pro users receive the optimized GPT-5.6Sol version, featuring significantly improved factual accuracy and response quality;

China's Dongfang Xinglian launches hyperspectral AI satellites, plans lunar AI robot network

On August 5, Oriental Starlink launched the Oriental Wisdom High-Spectral AI Dual Satellites, featuring 22 spectral channels and 5-meter resolution, capable of identifying the "spectral fingerprints" of Earth's materials. The dual satellites are equipped with 400 TOPS onboard AI computing power, ena

Cipher Digital Q2 sells Bitcoin at a $23.5 million loss; PowerCompute reduces debt rate to 2% using BTC as collateral

BBX Update: Yesterday, global public companies delivered markedly different approaches to managing their crypto treasuries and optimizing debt leverage. Moving beyond one-way asset accumulation, enterprises are reevaluating balance sheet efficiency through financial statement-driven sell-offs to cut

MetaEra: Utree IPO Wealth Feast, Only a Few Profit

In the winter of 2017, Wang Xingxing took a 10-hour train ride from Hangzhou to Beijing, holding a robot dog for a pitch路演, as the company was nearly unable to pay salaries. Nine years later, Unitree Technology is set to become the first humanoid robot company listed on China’s A-share market, with

Adobe Expands ChatGPT Integration to Over 70 Creative Tools

Adobe and OpenAI have significantly expanded their partnership today, enabling users to directly access over 70 Adobe tools—including Photoshop, Premiere, and Acrobat—within ChatGPT to perform photo editing, video creation, and PDF generation tasks. Starting August 6, the collaboration extends to ne

Chinese Open-Source AI Models End Free Era: Qwen to Charge Large Clients

ME AI news, according to monitoring by Beating, Reuters cited sources saying Alibaba is preparing to introduce commercial licensing terms for the next generation of the Qwen model. Large cloud platforms and API providers that generate revenue by offering Qwen externally may soon be required to share

Firmus Completes $2B Funding at Over $10.5B Valuation

ChainThink reports that on August 7, according to Reuters, Australian AI infrastructure company Firmus completed a $2 billion equity financing round, raising its post-money valuation to over $10.5 billion.This valuation is nearly double its $5.5 billion valuation from its previous funding round in A

Bank of America Maintains $235 Price Target for SpaceX, Up 87.5% from Post-Earnings Reference

Odaily Planet Daily reports: Following SpaceX’s earnings report, Bank of America reaffirmed its “Buy” rating and maintained its $235 price target, approximately 87.5% above the post-earnings reference price of $125.33. Bank of America believes its bullish thesis is no longer primarily based on rocke

SEC Approves Nasdaq 23-Hour Trading System; Launch Set for December 6

According to ChainCatcher, Nasdaq’s 23-hour trading system (23/5) has been approved by the U.S. Securities and Exchange Commission (SEC), as shown in its Q1 2026 financial report and the filed Form 8-K. The system will officially launch on December 6, 2026. At that time, the U.S. stock market will

Tether Holds 146 Tons of Gold, Becoming the Largest Private Holder Outside Central Banks

According to Cointelegraph, stablecoin issuer Tether added 14 metric tons of gold to its holdings in the second quarter of 2026, raising its total gold reserves to 146 metric tons, with a value of approximately $18.8 billion at current prices—a record high.

Nasdaq's 23-Hour Trading System Approved, Launches on December 6

According to Nasdaq’s Q1 2026 earnings report and its filed Form 8-K with the SEC, its 23-hour trading model (23/5) has been approved by the U.S. Securities and Exchange Commission and will be officially implemented on December 6, 2026. After the new system launches, the U.S. stock market will be cl

UBTech Robotics lists on the STAR Market, founder's wealth exceeds 18.3 billion CNY

Huo Xing Finance reports that Yushu Technology disclosed its Sci-Tech Board offering announcement on August 6, setting the issue price at RMB 150.80 per share, with a total issuance of 40.4464 million shares, accounting for 10% of the post-offering total share capital. The total fundraising amount i

MARA Posts $611.3M Q2 Loss Amid Bitcoin Price Drop Despite Higher Output

Bitcoin miner Marathon Digital Holdings, commonly known as MARA, reported a sharp swing from profit to a large net loss in the second quarter of 2026, even as it achieved its highest quarterly Bitcoin production in more than a year. The company’s results underscore how tightly miners remain tied to

KuCoin to Delist Margin Trading Services for BLUR, KERNEL, BB, and FOGO

In accordance with Announcement, KuCoin will delist margin trading services for BLUR, KERNEL, BB, and FOGO on specific dates in August 2026. Users are advised to cancel open orders, close positions, repay loans, and transfer tokens from margin accounts to isolated accounts before the delisting. Duri

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