Gate Crypto Flash News and Market Updates

According to CNBC report on Tuesday, Palo Alto Networks CEO Nikesh Arora said AI is forcing companies to modernize approximately $1 trillion of aging cybersecurity infrastructure built for a pre-AI world. "Nothing deployed seven or ten years ago is prepared to handle AI at machine speed," Arora told CNBC's Jim Cramer. "You have to rethink your cyber architecture." Palo Alto's fiscal fourth quarter earnings beat estimates with a strong outlook for the coming year. The company has engaged roughly

According to Asia Economic Daily, Isupetasys, a South Korean semiconductor PCB and multi-layer board (MLB) manufacturer, reported record quarterly results in Q2, triggering accelerated institutional buying. The company's share price rebounded to the 110,000-114,000 won range after hitting a low of 59,200 won in late July. Institutional investors net purchased 245.9 billion won of shares between July 31 and August 31, with investment trusts leading the buying at 106.5 billion won. Isupetasys post

According to Jin10, on September 1, President Trump announced the nomination of Kao Hsiao, a Vietnamese-American, as the next U.S. Secretary of the Navy. Trump urged the Senate to confirm the nomination expeditiously.

According to CNBC's Jim Cramer, on Monday, the "Mad Money" host recommended Nvidia execute a $500 billion stock buyback program, arguing the company's shares aren't receiving sufficient credit for its extraordinary business growth. Nvidia's board approved an additional $80 billion in share repurchases in May with no expiration date. In the first two quarters of fiscal 2027, the chipmaker bought back nearly $40 billion of stock, according to FactSet. However, Nvidia shares have risen just 8% sinc

According to the Financial Investment Association of Korea, cited by ruling party lawmaker Park Sung-hun, the number of professional retail investors in South Korea reached 26,282 as of July 2026, up 3,787 from 22,495 at year-end 2025—a 16.8% increase in just seven months. Meanwhile, forced liquidations (reverse trading) in leveraged positions surged dramatically. The 10 major Korean brokerages recorded an average daily reverse trading volume of 43.868 billion won in July, a 13-fold jump from 3.

According to Guru Club, Dell's Chief Operating Officer stated on September 2 that demand for AI agents is reshaping data centers and their underlying infrastructure. The company expects artificial intelligence to account for 75% of all data center demand by 2030.

According to Yonhap Infomax, South Korea's bond market tumbled overnight on September 2 amid escalating U.S.-Iran military conflict that sent crude oil prices surging. The 3-year government bond futures fell 8 ticks to 103.05, while 10-year futures dropped 9 ticks to 105.07. WTI crude for October delivery surged $4.46 (5.2%) to $90.22 per barrel, marking the first close above $90 since July 23. The spike in oil prices amid rising geopolitical tensions weighed on global bond markets.

According to Jin10 data, Peru's Foreign Ministry cut diplomatic relations with Iran on September 1, local time, and notified Iran of the decision through a diplomatic note delivered via Iran's embassy in Ecuador.

According to a Yuljin Investment & Securities report released on September 2, South Korea's government will significantly expand robot industry support in 2027 beyond R&D to include public procurement, demonstration projects, and production support. The Ministry of Trade, Industry and Energy allocated 80.7 billion won for intelligent robot deployment, up 42.3% from this year, and earmarked 37 billion won for the K-Robot Ecosystem initiative to develop core components. The government will deploy

According to Dell's Q3 earnings report released after market close on September 1, the company exceeded Wall Street expectations with adjusted EPS of $6.50 versus $4.49 expected, and revenue of $49 billion versus $41.42 billion forecast. Dell raised its full-year revenue guidance to approximately $192 billion from $172.67 billion expected. The company projects AI server sales of $74 billion with 200% year-over-year growth, a significant increase from its 103% growth estimate six months ago. This

Multiple South Korean exchanges recorded significant volatility on the morning of Sept 2. Siacoin (SC) led gainers, surging 52% on Upbit and 51.88% on Bithumb, trading at 1.25 KRW and 1.255 KRW respectively. Hooked Protocol (HOOK) rose 42.84% on Bithumb to 8.185 KRW. Among decliners, CYS (Cysic) fell 33.99% to 567 KRW on Bithumb, while TAVA (Altava) dropped 33.94% to 3.525 KRW. SKR (Sicker) declined over 20% across exchanges, and BTT (BitTorrent) fell 20% on Coinone. The benchmark period was fro

According to Asia Economy, SBI Investment completed an exit from biotech firm Algernomics in H1 2026, converting a KRW 4 billion seed investment made in 2019 into KRW 78.1 billion, representing a 20x return. The recovery helped reduce the fund's accumulated deficit from KRW 91 billion in 2012 to KRW 9.6 billion by H1 2026, putting it on track to post its first full-year profit in 14 years. Algernomics achieved major milestones prior to SBI's exit: the company secured a technology licensing deal

According to the Financial Supervisory Commission disclosures on September 2, Beuno, a Kosdaq-listed company, decided on a 314 billion won equity offering priced at 4,980 won per share, a 32% discount to the prior day's closing price. The offering will issue 0.45 new shares per existing share, diluting total shares by approximately 45%. Beuno plans to allocate 200 billion won from the proceeds to repay its third-tranche perpetual convertible bond, which carries a step-up clause increasing intere

According to Jin10, during a closed-door meeting on Tuesday, Trump urged U.S. refiners to increase domestic gasoline and diesel production, aiming to lower gas prices for Americans. He inquired with industry executives about capacity expansion and discussed regulatory reforms and additional investments. Refinery executives argued that federal biofuel blending mandates and alternative fuel quotas are pushing up retail gasoline prices, and questioned the government's record-setting blending target

According to Gavin Baker in a recent a16z Podcast episode, Nvidia has built a comprehensive moat extending far beyond chip design. Baker emphasized that CEO Jensen Huang has created an integrated advantage spanning supply chain control, hardware, ecosystem, and financing mechanisms that would be extremely difficult for competitors to replicate. Baker highlighted that Nvidia currently offers nine chip varieties including accelerators, CPUs, Ethernet switches, two GPU types, and InfiniBand, formin

According to an iM Securities report, South Korea's average daily exports in August reached $4.47 billion, up 72.5% year-over-year and marking the second-highest on record. Meanwhile, capital investment surged 24.9% year-over-year in August, with equipment investment maintaining double-digit growth momentum in the third quarter as semiconductor exports remain robust. August trade surplus reached $34.75 billion, marking the third consecutive month above $30 billion. According to analyst Park Sang

On Tuesday, Jim Cramer said CNBC's Investing Club is adopting a defensive posture as oil prices and interest rates surge amid geopolitical tensions. West Texas Intermediate crude jumped 5% to above $90 per barrel following U.S. military strikes against Iranian targets near the Strait of Hormuz after attacks on oil tankers. Cramer's Charitable Trust raised its cash position to 15%, which he described as "extremely high." The fund exited its Corning position entirely and trimmed Broadcom to increa

According to South Korea's tax authority, the government will begin taxing cryptocurrency investment gains from Jan. 1, 2027, with a 22% tax rate (including 2% local tax) applied to annual gains exceeding 2.5 million Korean won. However, the framework contains significant gaps less than four months before implementation. The current income tax law classifies crypto gains as miscellaneous income subject to separate taxation and does not allow losses from one year to offset profits in the next yea

According to AIG/PWC, Australia's manufacturing performance index came in at -16.6 in August, improving from -19.6 in July.

South Korea's Consumer Price Index (CPI) reached 3.1% on a year-on-year basis in August, exceeding the prior month's 2.8% and coming in slightly below the forecasted 3.2%.