Gate Crypto Flash News and Market Updates

According to Bank of Korea's July corporate sentiment survey released on July 30, the overall corporate sentiment index (CBSI) rose 0.8 points to 98.5, with a forecast of 96.5 for August. However, manufacturing and non-manufacturing sectors diverged sharply. Manufacturing sentiment increased 2.0 points to 103.2 on higher new orders and business conditions, while non-manufacturing declined 0.2 points to 95.2 as financial constraints worsened. Among non-manufacturing concerns, weak domestic demand

According to Yonhapinfomax, SK Hynix ADR shares fell 2.60% to close at $126.79 on July 29, marking the fourth consecutive trading day decline. The stock initially rose on early bargain-buying demand but reversed sharply after the Federal Reserve held rates steady and U.S. Treasury 30-year yields surged to 5.20% for the first time since 2007. Higher market rates increase borrowing costs for capital-intensive firms like semiconductor manufacturers. The Philadelphia Semiconductor Index plunged 5.33

Meta stock fell 10% after market close on July 29, 2026.

According to Bitcoin Magazine, Republican Senator Cynthia Lummis criticized Democrats on Wednesday (July 29) for holding up the Clarity Act, stating she could not understand what else her colleagues needed before moving forward. Speaking on the Senate floor, Lummis noted the bipartisan work spanning 11 months but expressed frustration at the bill's stalling. Lawmakers are targeting passage before Congress departs for August recess. An updated version addressing ethics concerns was introduced las

Align Technology reported second-quarter net revenue of $1.06 billion in 2026, exceeding analyst expectations of $1.05 billion. The dental technology company outperformed consensus estimates by approximately $10 million.

According to Jin10, Meta Platforms CFO stated that industry computing capacity will remain tight in the foreseeable future.

According to E-daily on July 29, South Korea's investment banking IPO registrations fell to 27 in the first half of 2026, down from 40 in the first half of 2025 and 53 in the same period of 2024, as shrinking deal flow prompted major securities firms to scale back IPO divisions. Shin Han Investment and Securities reduced its IPO organization from three to two departments last year, while Korea Investment and Securities cut IPO staff. Meanwhile, Meritz Securities is expanding its traditional IB c

According to Bloomberg, Goldman Sachs is launching a debt offering of approximately $5.4 billion to finance a Blackstone-backed data center project in Georgia associated with Microsoft. The financing consists of roughly $4.9 billion in secured bonds and $500 million in term loans. The funds will support the development of a data center leased by Microsoft in Georgia, as investors reassess AI infrastructure investment risks amid rising financing costs.

A 7.1-magnitude earthquake struck off the coast of Kyushu in Japan's Kumamoto Prefecture on July 29, triggering tsunami warnings. TSMC, Sony Semiconductor Solutions, and Tokyo Electron evacuated workers from nearby facilities in the region, which has become a major semiconductor hub. While the Ryukyu island chain is expected to block tsunami waves from reaching Taiwan, any extended disruption could impact global chip supply, as Taiwan accounts for over 60% of global foundry revenue and more than

On Wednesday (July 29), spot gold rose 0.87% to $4,064.63 per ounce, with the session trading range of $3,996.06-$4,116.47. COMEX gold futures gained 0.91% to $4,123.30 per ounce. Spot silver increased 0.80% to $57.6059 per ounce, while COMEX silver futures rose 0.78% to $57.825. COMEX copper futures declined 0.18% to $6.3480 per pound. Spot platinum gained 0.54%, and spot palladium fell 0.40%.

According to Semafor, shares of AT&T (T), Verizon (VZ), and T-Mobile (TMUS) fell on Wednesday following reports that SpaceX is seeking wireless spectrum for urban and densely populated areas. T fell around 3%, VZ dropped about 2%, and TMUS closed nearly 0.5% lower. SpaceX is reportedly considering acquiring competitors or bidding in a government spectrum auction scheduled for next year to obtain the airwaves needed for a full-service wireless network. The move fueled concerns that Elon Musk's co

According to CNBC host Jim Cramer, SK Hynix became a "monster" disrupting global markets after the South Korean chipmaker reported second-quarter earnings Wednesday, with the stock plunging 9.61%. Cramer stated that market trading no longer reflects DRAM fundamentals but is driven by leveraged trades, margin calls, and speculation. He noted that heavily leveraged single-stock ETFs, combined with losses from hedge funds, are fueling extreme volatility in semiconductor stocks. SK Hynix posted reco

According to the Israeli Times on July 29, Israeli Prime Minister Netanyahu outlined three scenarios regarding Iran during a meeting with U.S. President Trump, though without detailing any specific strategy. The three scenarios include: diplomatic agreement with Iran; a situation without agreement where the U.S. continues economic sanctions but does not launch another war; and a large-scale military offensive against Iran. Netanyahu also expressed hope to gradually reduce Israel's dependence on

According to Bloomberg, U.S. 30-year Treasury yields rose more than 11 basis points intraday on July 29, following Federal Reserve Chair Kevin Walsh's press conference. The broader stock market indices erased their earlier gains amid the bond market volatility.

According to the U.S. Space Force announcement on July 29, SpaceX has secured a $1.6 billion contract to conduct 18 Falcon 9 rocket launches by the end of 2027. The missions will deploy military satellites designed to detect and track airborne targets.

According to StoneX strategists on Wednesday, markets are overstating the probability of Federal Reserve rate hikes. Futures currently assign a 36% probability to a hike this week, 91% for at least one by year-end, and 60% for more than one hike, figures StoneX Chief Strategist Kathryn Rooney Vera says are too high. Head of Market Analysis Rhona O'Connell attributed June's weak CPI largely to energy price declines, with WTI still 10% higher than July start levels, and expects stronger July readi

According to Bloomberg, the EV Price Return Index rose 0.76% to 3261.71 on Wednesday, July 29. Asia-Pacific markets showed significant gains around 10:00 Beijing time, before steadying near 3270. The index hit its daily high late in the session as Federal Reserve Chair Powell's press conference concluded.

Bloomberg has agreed to acquire Canoe Intelligence, an AI-powered alternative investment data platform, to expand its private markets capabilities. Canoe serves over 500 institutional clients including asset owners, wealth managers, and family offices, collectively representing more than $11 trillion in assets under service. The acquisition integrates Canoe's private fund data automation into Bloomberg's portfolio management products, enabling institutional investors to analyze both public and p

According to Baird analyst Mircea Dobre, Caterpillar Inc. stock experienced its largest single-day decline since April 2025 after the firm downgraded the company from outperform to neutral. Dobre cited rising restrictions on data center construction, a key growth driver, and noted that political headwinds including local government pauses and state tax incentive withdrawals pose risks to future orders.

According to Jin10, Meta CEO Mark Zuckerberg stated that the company is developing a new personal assistant that will serve as the foundation for its next generation of products.