Gate Crypto Flash News and Market Updates

According to its announcement, Morning Telecom (02000) reported revenue of approximately HK$208 million in the first seven months of 2026, down 9.3% year-over-year. July revenue declined to HK$17.6 million, down 58.5% from the previous month. The company attributed the overall decline primarily to the suspension of its automotive intelligent products business starting in January 2026, while revenue from its core ODM (original design and manufacturing) intelligent terminal business remained relat

Dash shares declined 2% in post-market trading on August 11 after the company reported second-quarter earnings and issued stronger-than-expected third-quarter guidance. Marketplace GOV reached $33.1 billion, up 36% year-over-year, and revenue of $4.45 billion beat consensus estimates of $4.34 billion. However, adjusted earnings per share came in at $0.46, slightly below the $0.48 estimate, pressuring the stock. For the third quarter, the company guided marketplace GOV between $33.0 billion and $

According to Omdia's August 6 report, global notebook panel shipments are projected to decline 5.5% year-over-year to 221 million units in 2026. The top six PC brands are expected to account for 80.4% of laptop panel purchases. Component shortages led major manufacturers to build up inventory in the first half of the year, while rising costs pushed prices up by 15-30%.

AppLovin reported Q2 revenue of $1.92 billion, slightly below analyst expectations of $1.94 billion, prompting a 28% after-hours decline. The company's adjusted earnings per share came in at $3.76, marginally beating the $3.72 forecast, while adjusted EBITDA reached $1.61 billion with an 84% profit margin. For Q3, the company guided revenue between $2.06 billion and $2.09 billion, with adjusted EBITDA of $1.71–$1.74 billion—figures largely aligned with consensus but slightly below the most optim

According to the Morning Briefing, on August 6, U.S. stocks delivered mixed results, with the Dow rising 0.49%, Nasdaq falling 0.83%, and semiconductor index SOX declining 1.40%. The 10-year Treasury yield held at 4.6150%, the dollar traded at 99.72, VIX stood at 15.48, and high-yield spreads remained stable at 2.73%. Among individual stocks, Nvidia gained 3.43%, while AMD, storage, and equipment sectors retreated.

According to earnings data shared on Twitter, with 305 companies now having reported their Q2 results, the year-over-year earnings growth rate has reached 29%, up from 24% at the start of the quarter. This growth rate matches Q1's performance and the 2018 earnings growth peak.

According to reports on August 6, InBody announced second-quarter results that exceeded market expectations. Q2 revenue reached 73.3 billion Korean won, up 30.4% year-over-year and surpassing consensus estimates by 7.3%. Operating profit jumped to 17.7 billion won, up 70.2% and beating expectations by 35.1%, while net profit climbed to 14.2 billion won, up 91.9% and exceeding forecasts by 40.6%. Operating margin improved to 24.1% from 18.5% in the prior-year period. Following the announcement, t

According to Bloomberg, on August 5, emerging market carry trade exposure fell only 1% following US-Japan intervention to support the yen, compared to a 4% decline during the August 2024 crisis. Investors are mitigating risk by diversifying funding sources, borrowing euros and Swiss francs instead of relying solely on low-rate yen to fund high-yield emerging market assets. Brazil's real depreciated nearly 4% against the yen but held steady against the dollar, while barely slipping 1% versus the

According to He Jun, vice president of TSMC's advanced packaging division, on August 11, the company's System-on-Integrated-Chip (SoIC) technology has entered a high-speed growth phase. The 6-micrometer Hybrid Bonding Pitch is already in volume production, marking the transition from research and development to mass manufacturing. TSMC plans to advance to 4.5-micrometer Pitch technology by 2029, which will support A14 logic chip stacked directly on A14 logic chip, enabling true Logic-on-Logic 3D

Intel announced Monday evening that it has expanded its stock offering from $15 billion to $20 billion, pricing shares at $95 per share, a 6.5% discount to the prior Friday closing price. The offering is expected to raise approximately $19.7 billion, to be used for general corporate purposes including manufacturing capacity expansion as the chipmaker seeks to challenge TSMC in the foundry market.

Germany's baseload electricity prices rose 23.6% recently, reaching €139.4 per megawatt-hour.

According to Viavi's CEO, the company is generating test revenue from Co-Packaged Optics (CPO) activity in the current quarter, with momentum expected to accelerate by December. The company's 1.6T product line is ramping very quickly and should reach performance parity with existing 800G products next year. Industry-wide, CPO scale-up production is targeted for H2 2027 for early players, with broader volume inflection expected in 2028, according to statements from Viavi and other CPO manufacture

Runway ML released FLUX 3 on its platform today (August 11), enabling users to generate and edit up to 20 seconds of video with audio integrated.

Wells Fargo maintained an Overweight rating on SpaceX while cutting its price target to $215 from $230 as of August 11.

According to Smart Finance app, CLP Holdings (02638) reported H1 2026 results showing revenue of HK$5.939 billion, up 6.68% year-over-year, with unitholders' profit of HK$1.003 billion, up 0.2% YoY. Earnings per unit reached 11.35 Hong Kong cents. As of June 30, 2026, the company's average net electricity tariff stood at 159.2 cents per kilowatt-hour, down from 163.3 cents in January, reflecting lower early-year fuel costs. The company expects tariffs to rise significantly in the second half due

According to a regulatory filing, Hang Fai Optics (01134) announced on August 11 that it expects a net loss of approximately HKD 121 million for the six months ended June 30, 2026, compared to a net loss of HKD 47 million for the same period in 2025. The company attributed the widened loss primarily to declining gross margins in its eyewear product sales. Fierce market competition and rising production costs—driven by yuan appreciation but partially offset by cost-saving measures—have reduced av

China CGN New Energy (01811) reported a profit warning for the first half of 2026, expecting equity attributable to shareholders to decline approximately 49.8% year-over-year. The board attributed the decline primarily to lower on-grid tariffs and reduced power generation from Chinese wind projects, as well as the absence of gains from project disposals compared to the same period in 2025, when the company recorded proceeds from selling a thermal power cogeneration asset. Excluding the impact of

According to its announcement, Smart Connect Group (02621) posted a profit alert for the six months ended June 30, 2026, with net profit expected between CNY 64 million and CNY 84 million, down CNY 582-602 million year-over-year. Revenue is projected at CNY 617-637 million, up CNY 62-82 million from the same period last year. The significant profit decline was primarily driven by the elimination of fair value gains on financial instruments issued to investors, which totaled CNY 619 million in H1

Hong Kong Electric-SS (02638) announced it will distribute a mid-year dividend of HK$0.1594 per share on September 8, 2026.

According to Minghui International's announcement on August 11, the Hong Kong-listed company expects H1 2026 (ended June 30) net profit attributable to shareholders of at least HK$34 million, down approximately 33% from HK$50.9 million in the same period of 2025. The decline is attributed to rising manufacturing costs pressuring gross margins, external environment volatility, and intensified industry competition.