Gate Crypto Flash News and Market Updates

According to E-Daily, U.S. stocks rebounded on September 2 after three consecutive days of decline, with the Dow Jones gaining 0.56% to 53,061.95, the S&P 500 rising 0.46% to 7,666.60, and the Nasdaq advancing 0.45% to 26,217.83. The 10-year Treasury yield retreated to 4.793% from intraday highs, and WTI crude oil gained approximately 1% to $91.01 per barrel, with Brent crude at $95.63. New York Federal Reserve President John Williams signaled that September rate hikes are not assured, citing co

According to NEWSIS, KOSPI-related futures rose 1.40% overnight on September 2-3, 2026, following a 3.99% decline the previous day, as U.S. Treasury yields stabilized and technology stocks rebounded. The S&P 500 index gained 0.46% to 7,666.60, while the Nasdaq Composite advanced 0.45% to 26,217.83, according to CNBC. AI-related stocks led the rally, with Dell surging 15.81%, Nvidia up 3.21%, and Micron and Qualcomm rising 2.43% and 2.01% respectively. WTI crude oil futures also rose approximatel

According to Daishin Securities analyst Park Gang-ho on September 2, Samsung Electro-Mechanics (009150) is expected to deliver Q3 operating profit of 636.3 billion won, up 144.5% year-over-year and exceeding both the prior estimate of 613 billion won and market consensus of 596 billion won. The brokerage maintained its "Buy" rating and 2.8 million won price target, citing intensifying supply shortages of AI-focused flip chip ball grid arrays (FCBGA) and multilayer ceramic capacitors (MLCC) as ke

According to the White House, President Trump signed a continuing resolution bill today (September 2), preventing a government funding lapse.

According to Financial News, Jon Lee, founder of Jon Lee's Wealth School, recommended S&P 500 and KOSPI 200 ETFs on September 2 via his YouTube channel, emphasizing long-term wealth accumulation over quick returns. In addressing investor concerns about losses from leveraged products, Lee stressed that becoming wealthy takes time and advised against high-risk instruments. He also highlighted that investment goals should focus on retirement planning rather than short-term profit maximization, caut

According to the Federal Reserve's Beige Book released on Sept. 3, the U.S. economy showed moderate growth over the past two months, with data center demand emerging as a key driver. The report mentioned artificial intelligence 19 times and data centers 25 times, reflecting their prominence in current economic activity. Manufacturing activity expanded across most Federal Reserve districts, primarily driven by defense and data center orders. Consumer spending remained solid at the high end but sh

According to economists from China's Institute for New Economy Research and Caitong Securities, August consumer price inflation (CPI) is expected to grow modestly at 0.7% to 0.9% year-over-year. Zhu Keli, founder of the Institute for New Economy Research, forecasts August CPI growth at 0.7%, while Sun Binbin, chief economist at Caitong Securities, expects a rise to 0.9%. Producer price inflation (PPI) is anticipated to decline slightly.

According to S&P Global, Australia's August Composite PMI rose to a final reading of 52.7, up from 52.5 in July, signaling a modest expansion in the world's 13th-largest economy.

According to Meritz Securities, on September 2, the firm cut its price target for Korea Circuit to 90,000 Korean won from 170,000 won, citing disappointing earnings in the second and third quarters. The firm maintained its 'buy' rating despite the downgrade. Korea Circuit reported Q2 sales of 407.2 billion won, up 22.9% year-over-year, with operating profit of 19.3 billion won, up 127.7%, falling 40.8% short of Meritz's estimate. The shortfall was attributed to weak performance at subsidiary Int

According to S&P Global, Australia's August services sector PMI final reading came in at 53.2, up from the preliminary estimate of 52.9.

According to AXIOS, Trump hosted Republican House members at a White House dinner on Wednesday evening to address concerns about his trade policies. The discussion centered on increased duty-free beef imports and a potential trade war with Canada, issues that particularly concern lawmakers ahead of midterm elections. Iowa Republican Rep. Zach Nunn stated, "Beef may be on the menu, but it will definitely be on the agenda," while Michigan Republican Rep. Bill Huizenga indicated he plans to raise t

According to a report released by South Korea's Bank of Korea on September 3, the gap between South Korea and China in advanced memory semiconductor production will expand over the next 3 to 5 years. China's semiconductor exports doubled year-over-year in the first seven months of 2026, driven by artificial intelligence adoption, with chip shipments accounting for 37% of South Korea's total exports to China during January-August. South Korea's semiconductor trade surplus with China surged to $11

According to newhedge.io analytics, Bitcoin miners earned $1.008 billion in August as hashprice climbed to $38.86 per petahash per second (a measure of mining efficiency). Transaction fees accounted for $7.1 million of the total. Miners currently hold 1.92 million BTC and maintained relatively stable positions last month despite some outflows exceeding 15,000 BTC in early August.

According to Korean Economic TV, Broadcom raised its full-year AI revenue outlook to $110 billion yesterday, more than double current levels, signaling strong confidence in sustained semiconductor demand. CEO Hock Tan revealed the company is developing third-generation processors for OpenAI with performance comparable to Vera Rubin. The guidance came after initial market disappointment with the chipmaker's next-quarter revenue guidance, but confidence in AI growth drove the earnings call reversa

According to SK Securities analyst Choi Gwan-soon, the firm maintained a buy rating on Lotte Group (004990) on September 3 with a target price of 33,000 KRW, citing improved earnings and attractive valuation. Lotte's first-half revenue rose 1.1% year-over-year to 7.7 trillion Korean won, with operating profit up 9.3% to 175.1 billion won and net income turning positive at 79 billion won. SK Securities highlighted that the stock trades at a 29.5% discount to net asset value (NAV) of 3.384 trillio

On September 2, Equinix announced a partnership with Nvidia that enables customers to run AI inference workloads on Together AI's platform through a new service called Equinix Inference Exchange. The service, set to launch in the first quarter of 2027, will allow customers to access 200 open-source models and optimize their tokenomics, or reduce costs. Equinix CEO Adaire Fox-Martin spoke with Nvidia CEO Jensen Huang at the announcement event in San Francisco. Together AI will serve as the seller

According to regulatory filings, Humax will absorb Humax Holdings on October 19 to prevent the parent company's delisting after its market cap fell to 129 billion won as of September 1. Humax Holdings shareholders approved the merger on August 28, with trading in Humax Holdings shares halting from September 29 to October 18. The company must restore its market cap to at least 200 billion won by October 8 to avoid immediate delisting under South Korea's strengthened listing standards. However, th

According to The Information, Palo Alto Networks has acquired Console for $500 million in cash and stock.

According to BlockBeats, President Trump said on September 3 that the U.S. stock market has not been affected and will continue to rise. Speaking at the White House, Trump stated that the market could potentially be higher than current levels.

Shares of Ultragenyx Pharmaceutical (RARE) plunged 46% after-hours on Wednesday after the company announced its experimental Angelman syndrome drug failed in late-stage testing. The GTX-102 study, called Aspire, enrolled 129 children ages 4 to 17 and did not meet its primary endpoint or key secondary goal, with treated children showing no improvement on cognitive and functioning measures compared to the control group.