Gate Crypto Flash News and Market Updates

According to ChainCatcher, Microsoft announced it will begin disclosing Azure's quarterly revenue figures starting its 2027 fiscal year, replacing its long-standing practice of publishing only growth rates. The company cited Azure's scale and importance as justification for increased transparency. Microsoft disclosed that Azure generated over $100 billion in sales for the fiscal year ending June, up from $75 billion in the prior year and representing approximately 30% of the company's total reve

According to The Information, the U.S. Commodity Futures Trading Commission (CFTC) is reviewing rules today (September 3) to address potential conflicts of interest between prediction market exchanges and their affiliated trading firms.

According to Google, the company introduced Gemini 3.8 Flash and Gemini 3.8 Flash Cyber on September 2, expanding its AI capabilities for coding, reasoning, and cybersecurity. Gemini 3.8 Flash maintains the speed and low cost of its predecessor while improving benchmark performance on software engineering and multi-step reasoning tasks. Gemini 3.8 Flash Cyber achieved a 47.2% pass@1 score on CWE-Bench, an external benchmark for patching software vulnerabilities. The Cyber model is available only

According to the European-Mediterranean Seismic Centre, a 6.0-magnitude earthquake struck the South Sandwich Islands region at 9:46 PM local time on September 2, with a depth of 113 kilometers. No tsunami warning has been issued.

According to Broadcom's Q3 2026 analyst call, Chief Executive Officer Hock Tan disclosed the company's major AI chip deployment plans with six leading customers. Google will receive Ironwood TPU v7 and next-generation TPU v8i under a long-term agreement valued at hundreds of billions of dollars annually, with Broadcom projecting Google to become its largest XPU customer by 2027-2028. OpenAI plans to deploy 1.3 gigawatts of Jalapeno accelerators in fiscal 2027 and over 5 gigawatts in 2028, positi

According to Yonhapnews Infomax, Alteogen signed a technology licensing agreement with Novartis on September 2, with a maximum contract value of $3.223 billion. Novartis acquired exclusive rights to develop and commercialize multiple subcutaneous (SC) formulations using Alteogen's ALT-B4 platform technology. Initial payments are due within 30 days of contract execution, with additional royalties to follow upon commercialization. This marks Alteogen's fourth ALT-B4 licensing deal of 2026. Year-to

According to CoinDesk, Kraken's parent company Payward delayed its initial public offering to no earlier than the second quarter of 2027 on September 3. The company postponed the IPO due to unfavorable market conditions, following a confidential S-1 filing in November 2025 at a $2 billion valuation after raising $800 million. Payward reported adjusted Q2 revenue of $508 million, up 17% year-over-year, with 6.6 million funded accounts and $40 billion in platform assets.

According to News1, Samsung Electronics and SK Hynix surged 1.6% and 1.67% respectively in Seoul premarket trading on September 3, as overnight U.S. market rebounds triggered buying interest in Korean semiconductor stocks. The Seoul market's 589 actively traded stocks posted an average gain of 1.30%. The rally followed the U.S. stock market's rebound after four trading days, driven by the Federal Reserve's inflation easing commentary and softer August ADP private employment data, which eased the

According to Daishin Securities analysis on September 3, South Korea's 2026 tax reform plan will serve as a long-term structural variable reshaping market liquidity and corporate governance rather than a near-term index catalyst. The cumulative tax revenue effect from 2027 to 2031 is projected at 3.443 trillion Korean won. Key policy drivers include a new productive finance ISA (Individual Savings Account) with 200 million won contribution limits and full tax exemption on dividends and interest,

According to Commerce Secretary Howard Ruttnik in a CNBC interview yesterday (September 2), the Trump administration is reviewing plans to expand semiconductor tariffs from chips themselves to finished products including data center servers and laptops, while offering tariff reductions for companies that invest in U.S. manufacturing. Ruttnik stated that companies producing in the U.S. would not pay tariffs, but those manufacturing elsewhere must pay to enter "the world's greatest market." The mo

According to Morgan Stanley's Sept. 3 research report, Asian banks are positioned as net beneficiaries amid two key regional trends: AI deployment and population aging. Stock strategists Daniel Blake and Jonathan Garner noted in their client note that Hong Kong and Singapore lenders face the highest exposure to both trends. The bank identified HSBC, DBS, OCBC, Standard Chartered, and UOB as having strong benefit exposure, citing potential gains from the AI investment supercycle, evolving wealth

According to ChainCatcher, Morpho CEO Paul Frambot stated in the past six months the company received multiple acquisition offers. The firm rarely acquires companies for intellectual property or technology; instead, it prioritizes hiring qualified talent and developing capabilities in-house while adhering to its own engineering, audit, and formal verification processes. Talent acquisition may be considered, but valuation would be based purely on the cost comparison between acquired talent and re

According to BlockBeats, South Korea's KOSPI index opened 1.14% higher on September 3 (Thursday), gaining 75.08 points to 6637.8. Samsung Electronics and SK Hynix both rose more than 1.5%. Japan's Nikkei 225 index gained 251.73 points, or 0.39%, opening at 64577.37.

According to Baichuanyingfu data, China's argon prices surged to 2,459 yuan/ton as of September 2, jumping over 240% from 720 yuan/ton in early May. The price acceleration occurred primarily during July and August, with some regions posting significant daily gains.

According to the Financial Supervisory Service, on September 3, South Korea's Financial Supervisory Commission (FSC) delayed the scheduled subcommittee meeting to review penalties for five banks' improper sales of Hong Kong-linked equity-linked securities (ELS). The proposed fine has been reduced to approximately 6 trillion won from an initial 1.4 trillion won, though further reductions are possible as regulators reassess legal grounds and mitigating factors, particularly regarding a six-month g

According to Yonhapinfomax, South Korea's Industrial Bank of Korea completed a $2 billion global bond offering on September 1-2, pricing fixed-rate notes at record-low spreads of 36-48bp over SOFR. The offering comprised $1 billion each of 3-year and 5-year tranches. The bank achieved zero new-issue premium, a sharp contrast to recent market conditions where Korean borrowers typically absorbed 5-10bp NIP amid elevated investor caution. The spreads represent the lowest levels ever achieved by the

According to The Block, on September 3, New Jersey's Attorney General Jennifer Davenport filed a 332-page petition with the U.S. Supreme Court requesting a ruling on regulatory authority over sports betting on prediction markets. The state challenged a Third Circuit Court of Appeals decision favoring Kalshi, arguing that states have long established careful laws governing gambling to prevent compulsive betting, underage gambling, and insider trading in sports. Kalshi's spokesperson disagreed, st

According to Chosun Ilbo, stocks and bonds fell simultaneously on September 2, with South Korea's Kospi index down 3.8% since late August and the 10-year Treasury yield hitting 4.818%, the highest level since November 2023. This breaks the traditional inverse relationship between the two assets. Oil prices rose to $95.63 per barrel as U.S.-Iran military tensions escalated, while central banks signaled further rate increases due to persistent inflation. The Federal Reserve's Jerome Powell hinted

According to BBC, Uber CEO Dara Khosrowshahi announced on September 2 that the ride-hailing and delivery platform will reduce its global workforce by approximately 10%, affecting around 3,000 employees. The restructuring aims to streamline decision-making and focus resources on autonomous vehicles and core future business operations. Market analysts estimate the cost cuts could save Uber up to $2 billion annually. Uber's stock price rose nearly 2% following the announcement.