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According to Motley Fool, Elon Musk stated during SpaceX's recent Q2 earnings call on August 5 that memory semiconductor production increases approximately 20% annually, while demand surges 200% or more each year. Musk highlighted the supply-demand imbalance as a critical constraint limiting growth for SpaceX and other companies, noting that basic economics suggests such demand pressure will drive prices higher.

According to a Fox News interview released on August 5, U.S. President Donald Trump threatened that Iran will face a 'very strong' military strike if it does not reopen the Strait of Hormuz 'very soon.' Trump stated, 'If Iran breaks its promise again, they will be hit very hard,' adding he has no alternative. He noted that while the U.S. has already struck Iran hard, 'much stronger attacks are still in reserve.' However, Trump also signaled ongoing negotiations, saying 'very good discussions are

According to Tracxn's August 5 report, Singapore accounted for nearly all of Southeast Asia's $9.3 billion in AI startup funding raised across 261 disclosed equity rounds from 2021 to July 2026. Singapore alone attracted $9.3 billion across 227 rounds, while Vietnam, Malaysia, Indonesia, and Thailand combined raised less than $40 million. Funding accelerated significantly in 2026, with AI startups raising $4.1 billion across 23 rounds year-to-date, up from $2 billion in 2025 and $869 million in

According to HTX, BNB broke through $600 to $600.24 today, up 1.44% in the last 24 hours.

Japan's Nikkei 225 jumped 3.34% to 66,090 points Wednesday, marking its sharpest one-day gain in weeks. Chip stocks led the rally across Asia, with SoftBank Group surging over 10%, according to CNBC. Tokyo Electron added 3.64%, Advantest gained 7%, and Kioxia rose 6.34%. South Korea's SK Hynix jumped around 6%, while Samsung Electronics gained over 4%. Treasury Secretary Scott Bessent told CNBC he expects a deal "today or tomorrow" to reopen the Strait of Hormuz, a critical corridor for global o

According to Siemens Energy's Q3 results, third-quarter revenue reached 11.45 billion euros, exceeding market estimates of 11.19 billion euros. Q3 orders totaled 17.93 billion euros, surpassing the 16.72 billion euro forecast. Net profit for the quarter came in at 1.08 billion euros. The company raised its full-year profit margin guidance to the upper end of the 10-12% range, up from the previous 10-12% forecast. It maintained full-year comparable revenue growth guidance at 14-16%, versus the 14

According to South Korean securities firms, domestic stock market volatility has deterred investors, with deposits declining by nearly 20 trillion won in the past month. Daily average trading volume, which exceeded 100 trillion won in the first half of 2026, has also fallen into double-digit percentage decline. Despite recent market turbulence, securities analysts attribute the pullback to temporary liquidation pressures and view the KOSPI's upper target for August as remaining at 7,000 points.

According to ChainCatcher, enterprise AI agent company HappyRobot completed a $150 million Series C round of funding led by Prysm Capital and Eurazeo, with follow-on investment from a16z, Base10, and Y Combinator. The funding brings HappyRobot's total raised to approximately $200 million, valuing the company at $1.2 billion and marking its entry into unicorn status. The company develops AI agents to automate complex, multi-step business coordination tasks.

According to Hong Kong Economic Times, Hong Kong police's Commercial Crime Investigation Bureau and Macau's Judiciary Police jointly conducted a cross-border enforcement operation codenamed "Jun Li" from August 1-3, dismantling a cryptocurrency investment fraud ring. Hong Kong police arrested 6 people (ages 51-64) on conspiracy to defraud charges, including company directors, shareholders, and core promoters; Macau police arrested 2 additional women. As of August 3, Hong Kong police received 225

According to Chainlink, BitGo adopted Chainlink's Cross-Chain Interoperability Protocol (CCIP) on August 4 as the default infrastructure for its $7.7 billion in Wrapped Bitcoin (WBTC) and all future company-issued digital assets. The move replaces BitGo's legacy bridging provider with Chainlink CCIP to establish unified security standards and operational policies for cross-chain transfers. Every CCIP bridge route is supported by at least 16 independent node operators across different organizatio