Gate Crypto Flash News and Market Updates

According to LS Securities analyst Seon Yu-jin on October 1, the brokerage cut Naver's target price to 293,000 won from 303,000 won, citing rising operational expenses in the second half of 2026. The firm maintained a "buy" rating despite lowering expectations for third-quarter operating profit to 490.9 billion won, a 14% decline year-over-year, falling short of market consensus. LS Securities attributed the margin pressure to increased spending on N Pay payment terminal expansion, depreciation

U.S. core personal consumption expenditures (PCE) inflation came in below market expectations today (September 30), while Micron Technology substantially raised its fourth-quarter revenue guidance above Wall Street forecasts. Separately, Iraq increased crude oil price discounts for October.

According to Jin10, U.S. CCC-rated corporate bond spreads surged over 1,000 basis points on October 1, marking the highest level since the 2023 regional banking crisis. The spreads rose from 860 basis points in early September. CCC-rated issuers, considered the highest-risk borrowers in the market, are most sensitive to interest rate changes, according to Collin Martin, head of fixed income research and strategy at Charles Schwab.

According to S&P Global, Australia's manufacturing PMI reached a final reading of 49.6 in September, up from the preliminary estimate of 49.3.

According to DS Securities analyst Chang Ji-hye on September 30, the firm downgraded Cheil Worldwide's target price to 25,000 won from 26,000 won (down 4%), citing lower-than-expected third-quarter results. The analyst forecasts operating profit will fall 16% to 801 billion won, below market expectations of 969 billion won, as major affiliated companies tighten marketing budgets amid rising memory prices and increased investment in new businesses like AI solutions. The firm maintained its 'Buy'

According to KB Securities, on September 30, Samsung Electronics is projected to expand shareholder returns significantly over the next three years, with potential payouts reaching 600 trillion won—over four times the 140 trillion won distributed in the past three years. KB Securities' research head Kim Dong-won estimated the company will allocate 70 trillion won toward cash dividends and 40 trillion won toward share buybacks, following a preliminary 30 trillion won dividend in Q3 and a projecte

According to NH Investment & Securities, the firm maintained a 'buy' rating on BGF Retail (282330) on September 1, with a target price of 180,000 won. Q3 consolidated revenue is estimated at 2.5188 trillion won (up 2.3% year-on-year), with operating profit at 101.5 billion won (up 4%), meeting consensus expectations. Analyst Joo Young-hoon highlighted that despite temporary headwinds in Q3 sales growth from year-ago consumption voucher distributions, operating profit will continue its upward tra

According to DS Securities on September 30, the brokerage downgraded its price target for Cheil Worldwide (ticker: 030000) to 25,000 Korean won from 26,000 won, a 4% reduction, citing weaker-than-expected third-quarter results. DS analyst Jang Ji-hye forecast Q3 operating profit of 81 billion won, down 16% year-over-year and below the market consensus of 96.9 billion won. The decline stems from major affiliates' intensified efforts to optimize marketing costs amid rising memory prices, coupled w

According to Meritz Securities analyst Yang Seung-soo on September 30, Doosan Electronics BG's third-quarter revenue is estimated to reach 756.7 billion Korean won, up 72% year-over-year, with operating profit of 226.3 billion won, up 117.8% YoY and representing a 29.9% operating margin. The forecast was raised 6.8% and 5.6% respectively from prior estimates. Meritz Securities maintains a 'Buy' rating with a 2.4 million won price target. Growth is driven by expanded shipments to Nvidia, a key No

According to ChainCatcher, U.S. Defense Secretary Lloyd Austin announced the establishment of an Autonomous Warfare Command to enhance the military's capabilities in large-scale autonomous operations and robotics. The new command will oversee unmanned aerial vehicles, artificial intelligence systems, and command-and-control infrastructure. The Pentagon plans to triple autonomous warfare spending, with proposals requesting $74 billion in funding.

According to Bloomberg, on Wednesday, Google staff raised concerns about the real-world performance of its flagship Gemini 4 AI model, despite strong benchmark test results. While Gemini 4 outperformed OpenAI's Astra on certain safety tests, internal sources indicated the model underperformed in practical applications, particularly in coding tasks like front-end design. Alphabet's stock initially gained over 2% on Gemini 4's announcement but narrowed gains to 0.5% during regular trading as the c

According to White House AI Director Sacks, multiple AI companies recently reached consensus on new internal control and audit standards. Details of the agreed framework were not disclosed.

According to Filecoin's official announcement, Filecoin recently introduced Filecoin Pin, a new service designed to enhance security for IPFS file storage. The service continuously monitors files stored with audited providers and automatically pauses payments if a provider fails a scheduled security check, preventing potential data loss before users are aware of issues.

According to ChainCatcher, Moca Chain, backed by Animoca Brands-affiliated Moca Foundation and Moca Network, launched its mainnet, enabling users and AI agents to share verifiable credentials across applications while maintaining control over when and where credentials are disclosed. The platform allows institutions to issue tamper-proof credentials linked to unified digital identities. Moca Network also introduced AIR, a unified gateway for enterprises to onboard users and AI agents. Current pa

According to NH Investment & Securities' report released on September 1, South Korea's third-quarter net profit for listed companies is projected to surge approximately 214% year-over-year to around 197.8 trillion won. The IT sector is expected to dominate growth, contributing 96% of the total profit increase. Samsung Electronics and SK Hynix alone are forecast to account for 78% of overall net profit, with Samsung contributing 94.5 trillion won and SK Hynix 59.1 trillion won. The research team

According to KB Securities analyst Kim Dong-won, Samsung Electronics' high-bandwidth memory (HBM) sales price is expected to rise over 100% year-on-year next year. The analyst noted that HBM4 revenue will likely double from 40% of Samsung's current HBM sales to 80% next year, driving the price increase. KB Securities forecasts Samsung's annual operating profit will reach 555 trillion won in 2027, up from 368 trillion won this year.

U.S. Defense Secretary Pete Heggseth announced on September 30 the establishment of a new four-star unified combatant command focused on advancing autonomous and robotic warfare capabilities across the U.S. military. The command will oversee unmanned systems, artificial intelligence, and command-and-control systems.

According to analyst Lee Jun-ho of Hana Securities on September 30, the brokerage maintained a buy rating on Netmarble (251270) and kept its 50,000 won target price. The analyst noted that the stock is trading near historic lows following disappointing H1 releases, including "The Seven Deadly Sins: Origin" and "Mongil: STARDIVE," compounded by the absence of new releases in Q3. Hana forecasts Q3 operating revenue of 695 billion won (down 3.1% YoY) and operating profit of 69 billion won (down 30.

According to NH Investment & Securities report released on September 1, South Korean listed companies' third-quarter net profit is estimated to surge 214.1% year-over-year to approximately 197.8 trillion won. The IT sector accounted for 96% of the earnings increase, with Samsung Electronics and SK Hynix contributing 78% of total third-quarter net profit, at 94.5 trillion won and 59.1 trillion won respectively.

According to Hana Securities analyst Yoo Jae-sun, POSCO International's Q3 operating profit is estimated at 395.8 billion KRW, up 25.3% year-over-year, with revenue projected at 8.261 trillion KRW (up 0.2%) as of today, September 1. The energy segment is expected to drive growth, supported by rising international oil prices and expanded production from energy assets. Hana Securities maintained its "buy" rating with a target price of 105,000 KRW per share, compared to yesterday's closing price of