Gate Crypto Flash News and Market Updates

According to CNBC and Investing.com, RH reported Q2 2026 revenue of $922 million on September 10, surpassing Wall Street consensus of $915 million. Earnings per share reached $2.70, significantly exceeding analyst expectations of $0.39. The furniture retailer raised its full-year revenue growth guidance to 5.5%-7%, above the average analyst estimate of 5.6%, with adjusted EBITDA margins projected at 15.0%-16.2%. The company forecasts free cash flow of $300-400 million for the year. RH shares ros

According to Yonhapinfomax, Korean Air and Asiana Airlines announced on September 11 that they will launch Starlink-based free in-flight WiFi services starting September 15. Korean Air will initially deploy the service on four aircraft—three Airbus A350-900s and one Boeing 777-300ER—on medium and long-haul routes. Asiana Airlines will roll out the service on nine A350-900s and one A330-300. Korean Air plans to expand the service to most of its operating fleet by end of 2027. The free WiFi will b

According to CNBC on September 10, JPMorgan upgraded Meta Platforms (NASDAQ: META) from neutral to overweight and raised its price target from $640 to $820, citing the company's shift from a digital advertising business to a leader in consumer AI agents and frontier models. JPMorgan's chief analyst Doug Anmuth attributed the upgrade to strong early performance of Meta's Muse AI agent app, which reached the third position in U.S. app store downloads within two days of launch and recorded user eng

According to PANews, China's Ministry of Industry and Information Technology issued the "AI Plus Software" Special Action Implementation Plan on September 11. The plan targets widespread smart transformation of the software and IT services sector by 2028, aiming to cultivate high-level intelligent programming tools and development platforms adopted across 20,000 enterprises above a certain scale. It plans to organize and implement 100 intelligent transformation projects at software companies and

According to Amazon's official announcement, Amazon Ads and OpenAI are partnering to bring conversational advertising to ChatGPT, allowing brands to reach users as they explore options and make decisions within the chatbot. Select advertisers in the US are already testing the format, with Delta Vacations among early participants. The integration leverages Amazon's Demand-Side Platform (DSP), which now extends beyond third-party mobile apps to include ChatGPT as an additional placement option.

OpenAI launched ChatGPT for Financial Services on September 11, according to the company's announcement. The service combines GPT-6 Astra's reasoning capabilities with professional financial data from Daloopa, PitchBook, and LSEG News, enabling investment research, financial modeling, and client presentation creation. Users can trace numbers and conclusions to specific source paragraphs, tables, and citations. Teams can also leverage institutional templates in Excel, Word, and PowerPoint to gene

According to Arthur Hayes on X on September 11, the crypto strategist lowered the threshold for a potential Federal Reserve easing signal. If the MOVE volatility index breaks above 130 and the 10-year U.S. Treasury yield reaches 5%, conditions similar to late 2023 when the Fed unwound reverse repo operations may re-emerge, potentially forcing the Fed to restart monetary easing. Hayes previously used a MOVE index breakout of 140 as the benchmark for the same signal in April 2025.

According to ChainCatcher, Nvidia co-founder and CEO Jensen Huang stated on Thursday at Goldman Sachs' technology conference in San Francisco that cybersecurity will likely become artificial intelligence's next major use case. Huang said advances in AI technology will disrupt the cybersecurity industry as the sector represents a major new market for AI applications.

According to Centrifuge, governance proposal CP172 has passed, marking the first-ever conversion of tokens into tokenized equity. Eligible CFG token holders will be able to exchange 1 CFG for 1 share of tokenized equity at no additional cost. CFG holders with at least 100,000 tokens will be registered directly as shareholders, while those holding fewer will participate through a trust structure in collaboration with CoinList. The conversion requires remaining legal approvals and is part of the p

President Trump announced on September 10 that the federal government will begin distributing $500 refunds to approximately 1 million people under the Affordable Care Act, effective October 2026. The disbursement comes one day after Trump announced a separate $5,000 election "bonus" for all Americans.

The Boring Company, Elon Musk's tunnel-boring venture, announced on September 9 that its valuation has reached $23 billion. The milestone comes as Musk continues to expand his business portfolio, following recent launches including SpaceX's public market entry and the Cybercab autonomous vehicle fleet rollout in Austin, Texas.

According to Christine D. Kim at ACDC #186, Ethereum's Glamsterdam upgrade is scheduled to activate on Sepolia testnet on October 6 at 13:53 UTC. The upgrade faces uncertainty due to unresolved bugs in the latest Glamsterdam-Devnet-9, including a critical consensus layer issue that could halt block production and an execution layer bug in EIP-8037. If the upcoming Devnet-10 remains unstable, the Sepolia activation date may be postponed, and mainnet timeline remains undetermined.

According to data released by the China Futures Association on September 10, China's futures market recorded single-sided trading volume of 1.087 billion contracts and traded value of 85.04 trillion yuan in August, representing year-over-year increases of 29.05% and 30.67% respectively. For the first eight months of 2026, cumulative trading volume reached 7.194 billion contracts with cumulative value of 654.02 trillion yuan, up 20.36% and 37.37% year-over-year. Analysts attributed the August sur

According to CNBC, Jim Cramer on Thursday recommended that Nvidia conduct a $500 billion stock buyback to support the stock price. Speaking on the 'Investing Club' program, Cramer expressed confidence in CEO Jensen Huang and the company's vision. He stated, "I will not give up on Nvidia, I will not give up on Jensen Huang, I will not give up on his vision, and I will not give up on his products." At a P/E ratio of 14 times, Cramer described Nvidia stock as "the best investment Jensen Huang can m

According to Nikkei Asia, Chinese chipmaker CXMT surpassed SK Hynix and Micron in profitability margins in Q2 2026, capitalizing on tight commodity DRAM supplies. The company's main product, DDR5 memory, has seen price increases in recent months.

According to Jin10 Futures, on Sept 11 at 8:30 Beijing time, spot platinum fell 0.03%, while spot palladium held flat.

OpenAI announced today the launch of GPT-Live-1, a full-duplex voice model in its API that simultaneously listens and generates speech. The model improves handling of interruptions, pauses, background noise, and extended conversations, and supports phone scenarios. According to OpenAI, GPT-Live-1 scores 30 percentage points higher than GPT-Realtime-2.1 on Full Duplex Bench. Early testing by language learning platform Speak showed the model reduces false interruptions by nearly 80% compared to tr

Apple officially entered the foldable smartphone market today (September 11) with the launch of iPhone Duo, priced from $1,999 with the highest-capacity model at $3,199, according to market research firms. The device features a larger display aimed at professionals and content creators, though analysts noted Apple has not clearly defined its target buyer beyond high-income early adopters and loyal users. Counterpoint Research estimates Apple could sell approximately 6 million iPhone Duo units by

According to reporter Eleanor Terrett, the new CLEAR Act text was released ahead of a critical Senate vote. Senate Republicans modified provisions related to DeFi and credit unions in the bill. The White House has maintained silence on concerns regarding potential conflicts of interest involving Trump.

According to market data, U.S. stock indices closed lower for the fourth consecutive trading day on Thursday, Sept. 11, as oil prices surged and Treasury yields climbed amid escalating geopolitical tensions. The Dow Jones Industrial Average fell 316.56 points (0.60%) to 52,064.10; the S&P 500 declined 0.58% to 7,591.70; and the Nasdaq Composite dropped 0.65% to 26,081.72. Western Texas Intermediate (WTI) crude jumped 7.1% to $102.93 per barrel, while Brent crude rose 7% to $108.28. Rising energy