Gate Crypto Flash News and Market Updates

According to Mirae Asset Securities, the research firm issued a report yesterday (August 26) stating that long-term shareholder return policies are essential to resolving South Korea's persistent stock market valuation discount. The firm noted that high valuations in the U.S. stock market reflect not only earnings generation capacity but also the cumulative effect of active shareholder returns over extended periods. Mirae Asset Securities recommended that South Korea's market should similarly im

According to F&Guide, JYP Entertainment received 28 target price downgrades from securities firms between August 1 and 23, the most among all individual stocks. The downgrades follow disappointing Q2 results and growing uncertainty around key artists including TWICE's future activities and Stray Kids' mandatory military service. JYP's Q2 revenue fell 15.1% year-over-year to 183.1 billion Korean won, while operating profit dropped 41.4% to 31 billion won. Multiple brokerages cut targets, with SK

According to Barron's reporting and Susquehanna analysis released Monday, DRAM contract prices are estimated to rise over 50% this quarter compared to Q2, while NAND flash memory prices are forecast to jump approximately 60%. However, Micron Technology has signed long-term supply agreements with major customers that include price caps on certain products, limiting its ability to fully capture the pricing gains. The pacts provide profit protection during future downturns. Separately, Micron share

According to Wall Street Journal, Trump submitted a landmark Saudi civil nuclear agreement to Congress today (Aug 26), maintaining his requirement that Saudi Arabia normalize relations with Israel. The 30-year deal is expected to spark months of debate among lawmakers on balancing U.S. nuclear industry growth with preventing weapons of mass destruction proliferation in the Middle East. The agreement has drawn controversy over concerns it could permit uranium enrichment activities in Saudi territ

According to Joe Terranova, chief market strategist at Virtus Investment Partners, speaking on CNBC on August 25, Marvell Technology will release its second-quarter earnings on August 27, which could provide momentum to AI-related stocks that have stalled recently. Terranova stated that the chipmaker's earnings will serve as a gauge of whether hyperscale cloud companies will maintain their data center investment pace, and positive results could help revive semiconductor and AI stocks that have r

According to SpaceX Vice President Kiko Dontchev, the company is significantly reducing launches from its Florida spaceport this year, shifting focus to California's Vandenberg Space Force Base. A Falcon 9 launch Tuesday marked the last planned Starlink mission from Cape Canaveral until Starship missions begin in Florida. The launch rate at the Florida facility will drop from 8-9 missions per month to approximately 2 per month for the remainder of 2026. Dontchev stated on X that Starlink mission

According to Fiscal.ai, Intuit (INTU) shares tumbled over 11% in after-hours trading on Tuesday despite beating fourth-quarter earnings and revenue expectations, as the company's fiscal 2027 guidance disappointed the market. The company reported fiscal Q4 revenue of $4.35 billion, above the $4.27 billion consensus, with adjusted earnings of $4.03 per share, beating the $3.59 analyst expectation. However, Intuit's fiscal 2027 adjusted EPS guidance of $22.88–$23.12 fell well below the $27.30 conse

According to Franklin Templeton portfolio manager Sarah Aragie, Nvidia investors ahead of the chipmaker's earnings report are focusing on capital deployment details and future roadmap rather than earnings beats alone, with the stock trading at an estimated 12-month forward P/E of around 21x as the market prices in slowing growth. Aragie emphasized that Nvidia must demonstrate profitable growth to justify free cash flow for investments and share buybacks, while its approximately 75% gross margin—

According to Street Insider, Canaccord analyst Joe Vafi raised the price target on MicroStrategy (Nasdaq: MSTR) to $175 on Aug. 25, up 34.6% from the previous $130, while maintaining a Buy rating. MicroStrategy is the world's largest Bitcoin treasury company, led by billionaire entrepreneur Michael Saylor.

iShares Silver Trust, the world's largest silver ETF, reduced its holdings by 36.53 tons compared to the previous day (August 24), bringing current holdings to 15,362.73 tons.

According to Elon Musk, SpaceX plans to invest $100 billion in a new spaceport in Vermilion Parish, Louisiana. Construction is expected to begin in 2027, with initial flight operations targeted for 2029. The facility will include five launch complexes with 10 launch pads, propellant production, power generation, and vehicle processing. SpaceX estimates the project will create 3,000 direct jobs over 10 years with an average annual salary of $92,600.

The world's largest gold ETF, SPDR Gold Trust, saw its holdings decrease by 1.141 tons compared to the previous day, with current holdings standing at 1,048.348 tons as of August 24.

According to Newsis on August 25, Bitcoin surged to approximately 110 million KRW on Bithumb exchange, up roughly 24% in 12 days from 89 million KRW on August 13. In U.S. dollar terms, Bitcoin climbed from 64,000 USD on August 19 to above 81,000 USD, gaining over 25% in six days. The rally was driven by U.S. regulatory clarity, with the SEC issuing specific criteria for token issuance on August 18 and President Trump urging passage of the CLARITY Act. The U.S. Treasury also expanded long-term Tr

According to Korea Exchange, the KOSPI dropped 20.45% in the second half of 2026 as of August 24, sliding from 8,476.48 to 6,742.74, reversing gains from a 101.14% surge in H1. Investor deposits held at securities firms fell 15.31% to 103.01 trillion Korean won from 121.63 trillion won at end-June, signaling reduced buying appetite amid macro uncertainties including rising U.S. long-term rates and geopolitical risks. Market analysts expect limited near-term rebounds due to supply-demand pressure

According to Hyundai Securities, Nvidia will report its fiscal 2027 second-quarter earnings on August 26, with consensus expectations for revenue of $91.64 billion, up 96.1% year-over-year, and adjusted earnings per share of $2.08, up 98.1% YoY. Market focus will extend beyond earnings surprises. Key areas of attention include gross margin expansion prospects, supply readiness of next-generation Vera Rubin AI chips, potential China revenue growth following the Chinese government's recent approva

According to Guru Club, WTI crude oil fell 1% intraday on August 26, trading at $81.23 per barrel.

According to Guru Club, spot gold broke through $4,720 per ounce on August 26, rising 0.55% in intraday trading.

According to MarketWatch, Nvidia will release its earnings report Wednesday after market close. Options data provider ORATS indicates the market expects post-earnings stock volatility of just 5.4%, the lowest level ahead of an earnings report since August 2021. The muted volatility forecast reflects Nvidia's recent track record: the company's actual stock moves following its last eight earnings releases have consistently fallen below pre-earnings expectations, prompting options traders to lower

AI company Anthropic has promoted Elena Leichty from assistant general counsel to general counsel as the company prepares for a U.S. listing later this year. Leichty, who joined Anthropic in 2023 from Google where she served as an in-house counsel for nearly six years, replaces Jeffrey Bleich, who is transitioning to international envoy. Rob Hester has assumed Leichty's former position.

According to Nikkei, Japan plans to provide 100 billion yen in support for vessels that lay submarine optical cables, as reported by the Japanese news outlet.