Gate Crypto Flash News and Market Updates

Tesla's Unsupervised Model Y Robotaxis are now operating at night in Austin, around 9 PM local time, according to a social media observation accompanied by video evidence.

According to Bitget's official announcement, Bitget launched U-margined DOS perpetual futures with up to 10x leverage on August 11. The platform also simultaneously enabled perpetual futures trading bots for the asset.

DeepSeek announced a broad price increase across its AI services on Thursday, urging users to adjust their plans accordingly. However, the company did not disclose the magnitude of the increase or its effective date. Currently, DeepSeek's V4 Flash model is priced at $0.14 per million input tokens and $0.28 per million output tokens, representing a low-cost position in the industry. The price increase will apply first to customers using DeepSeek's API directly. Since DeepSeek has publicly release

According to Western Digital's quarterly earnings release on August 5, revenue reached $3.8 billion, up 44% year-over-year, while operating profit surged to $1.6 billion, a 130% increase. Net income hit $3.2 billion, up 1,215% from the prior year, with a net profit margin of 85%. The storage and semiconductor manufacturer's stock has gained more than 11 times over the past two years.

Palantir short sellers sustained $3B in losses following the stock's 30% rally this week. The sharp price appreciation has pressured bearish positions as momentum in the company's shares accelerated.

U.S. prediction markets shifted on August 11 to 55% odds favoring the Federal Reserve holding interest rates steady in September, signaling investor sentiment has turned less hawkish on near-term rate hikes.

According to DataTooza, iMarketKorea's operating profit surged 171% year-over-year to 17.73 billion won in Q2 2026, announced on August 6. Sales grew 37% to 1.01 trillion won, while operating profit margin improved from 0.9% to 1.8%. The recovery was driven by increased supply volumes to Samsung Electronics' semiconductor factories and affiliated companies. Operating profit and net income both expanded as fixed costs were absorbed by higher sales volumes. The company's MRO (maintenance, repair,

As of August, five major tech companies hold approximately $1.1 trillion in lease commitments for data centers not yet delivered, according to data monitoring sources. Microsoft leads with $329.1 billion, followed by Meta at $279 billion (with an additional $68 billion committed in July), Oracle at $260 billion, Amazon at $137.2 billion, and Alphabet at $85.2 billion. These commitments remain off-balance-sheet obligations, as lease liabilities are only recognized once landlords deliver the facil

According to Newsam, TYM released its second-quarter earnings on August 6, reporting operating profit of 276 billion won, up 14% year-over-year. Operating profit margin improved to 10.5% from 9.2%, a gain of 1.3 percentage points, while revenue remained flat at 264.5 billion won versus the prior-year period. Net profit surged 110.3% to 265 billion won.

According to sources, Iranian Foreign Minister Abbas Araghchi has warned Gulf countries that Iran will retaliate against any new U.S. military action by targeting energy infrastructure and American assets throughout the Gulf region. The warning was conveyed indirectly through Saudi Arabia, Qatar, and Turkey, with Araghchi urging these partners to press the Trump administration to cease military operations and return to diplomatic talks. The threat extends beyond the Strait of Hormuz to broader G

According to the American Association of Individual Investors (AAII) sentiment survey, bullish investors reached 37% this week, up 6 percentage points, while bearish sentiment fell to 38%, down 4 points.

According to Hedgeye, Japan's stock market declined 0.9% overnight after failing to hold the TRADE Signal Support level.

According to TSMC's Advanced Packaging SVP He Jun at OCP APAC on August 11, CoWoS technology with 5.5x reticle size has entered mass production, with yields exceeding 98% in AI customer products, some reaching 99%. TSMC is developing new CoWoS generations at an annual pace, targeting the achievement of 14x reticle size by 2029, up from the current 5.5x production level.

Amazon CEO Andy Jassy announced on Tuesday that the company will spend approximately $220 billion in cash capital expenditure in 2026, raising the prior estimate of $200 billion due to higher memory costs. Despite the increase, Jassy stated that Amazon will still lack sufficient capacity to meet all demand in 2026.

According to Morgan Stanley analysis, SpaceX's 2027 revenue could reach $102 billion under the base scenario, but would surge to $144 billion if AI compute prices per watt remain flat instead of falling from $31 to $17 as assumed. The key variable is artificial intelligence infrastructure growth. If compute prices hold steady, AI services alone would represent approximately 65% of total revenue, surpassing the combined contribution of Starlink and launch services. SpaceX targets 2GW of compute c

According to blazingbees, South Korea's KOSPI fell 4.1% and KOSDAQ declined 0.8% as of 11:25 AM on August 6. Retail investors purchased 2.4 trillion Korean won, while foreign investors responded with net selling, keeping both spot markets in negative territory.

According to Beating, Cursor design lead Ryo Lu recently announced his resignation and plans to relocate to Asia. Lu, who joined Cursor in early 2025 from Notion where he served as a founding designer, cited a desire to shift his lifestyle pace and experience different cultures after spending 10 years in San Francisco's tech scene. The departure comes as SpaceX moves forward with its $60 billion all-stock acquisition of Cursor's parent company Anysphere, with the deal expected to close soon. Lu

SanDisk announced FY26 Q4 revenue of $8.97 billion, up 372% year-over-year, and non-GAAP EPS of $39.25, both beating analyst expectations. The data center segment grew 437% year-over-year, with non-GAAP gross margins reaching 84.6% driven by NAND price increases and AI infrastructure orders. Despite the strong results, the stock declined following the earnings release. For FY27 Q1, SanDisk guided revenue of $10.3 billion to $10.8 billion and EPS of $44 to $46, slightly below or in line with elev

According to DataTooza, Red Cap Tour announced its Q2 2026 preliminary results on August 6 after market close. The company reported consolidated sales of 98.23 billion Korean won, up 3.6% year-over-year, with operating profit of 15.74 billion won increasing 16.3% and net income attributable to shareholders of 9.13 billion won rising 22.1%. Operating profit margin improved to 16.0% from 14.3% in the prior-year period, reflecting improved profitability despite modest top-line growth. The stock clo

According to IMF, on August 6, gold acquired through domestic purchases can be classified as monetary gold and included in reserve assets if it meets purity standards of 99.5% or higher and other reserve asset criteria, the International Monetary Fund stated to Seoul Economic Daily. South Korea's central bank will establish a cooperation framework with the Korea Exchange, Korea Securities Depository, and domestic gold producers to purchase gold intended for export. The first purchase is expected