According to the U.S. Federal Aviation Administration, a heavy firefighting helicopter crashed on August 7 in Utah during wildfire suppression operations, with two people on board still unaccounted for. In a separate incident, a bulldozer operator was killed in wildfire operations in Oregon on the same day, according to reports on August 8.

According to Bloomberg, Situational Awareness, the AI fund led by former OpenAI researcher Leopold Aschenbrenner, invested $400 million this week in Source Foundry, a semiconductor manufacturing startup. The fund and Source Foundry representatives have not responded to requests for comment. Venture capital firm Sequoia Capital has also backed Source Foundry, which is developing semiconductor manufacturing processes aimed at addressing the growing gap between AI computing demand and chip producti

According to Korea Securities Depository data, Korean retail investors in U.S. equities have shifted their buying patterns in August, moving away from semiconductor leverage ETFs that they purchased heavily in July to focus on individual big tech companies and cloud stocks that showed strong earnings.

According to Beating monitoring, Meta has significantly ramped up web crawling activity this week to index pages for its AI search engine. Independent developer Pieter Levels reported that Meta's crawlers targeted multiple websites under his ownership, triggering high-load alerts on one VPS multiple times. DataDome data shows Meta's two AI crawlers issued 9.1 billion requests in the second quarter of 2026. Meta-WebIndexer, responsible for building search indexes, surged 163% in the quarter, with

According to NADA News, on August 6, Japanese convenience store chain Lawson completed a trial of stablecoin JPYC payments on its existing point-of-sale (POS) system. The test demonstrated that stablecoin payments could be integrated without hardware replacement or major system overhauls—retailers simply added a new payment method to their existing terminals. Users scanned a barcode from HashPort Wallet on their smartphone via the POS terminal and approved payment on their device, similar to exi

According to Odaily, Garrett Jin, representative of the '1011 insider whale', released a weekly market report saying he maintained his Bitcoin position near $60,000 since July's low of $57,700 and sees no reason to change this view. In AI storage, he sold half of his rebound positions, not due to changed conviction in long-term demand—SK Hynix's 2026 capacity is sold out and Micron's orders extend through 2028—but because current gains are driven by leverage flows rather than fundamentals. While

According to The Kobeissi Letter, S&P 500 companies reported 50.4% year-over-year earnings growth in the current quarter, significantly beating the prior market forecast of 23.1%. As of now, 88% of index constituents have reported earnings. The quarter marks the seventh consecutive quarter of double-digit earnings growth for the S&P 500, and the second consecutive quarter with growth exceeding 25%. The Kobeissi Letter noted this is the strongest earnings performance since Q2 2021, when growth wa

According to Odaily, Anthropic this week rolled out two major updates to Claude Managed Agents: budget control for conversations and regional reasoning capabilities. The budget feature allows users to set spending limits per session, with the system pausing execution when thresholds are reached. For regional control, Claude can run globally at standard pricing or be restricted to the U.S. at 1.1x the standard rate.

According to official data, Circle's USDC supply decreased by approximately 100 million over 7 days ending August 6, with 6.3 billion USDC issued and 6.4 billion redeemed. USDC total circulation stands at 71.8 billion with reserves of approximately 72 billion USD, comprised of 51.8 billion in overnight reverse Treasury repurchase agreements, 9 billion in Treasury bills with remaining maturity under 3 months, 10 billion in deposits at systemically important institutions, and 1.2 billion in other

According to Libya's Zawiya refinery, a drone strike on Saturday targeted an unprocessed naphtha tank, causing a leak that has since been contained. The facility reported the incident but provided no details on the extent of damage or cause of the attack.

According to Garrett Jin's weekly report via ChainCatcher, SK Hynix and storage chip stocks' recent rebound may be driven by short-covering rather than confirmation of fundamental demand strength. Garrett Jin sold half of previously accumulated positions despite intact investment thesis, noting the rally "resembles a short squeeze" rather than market validation of chip fundamentals. South Korean leveraged ETF assets declined primarily due to net value erosion rather than investor exits, with cum

According to Financial News, the Korea Exchange on August 8 denied reports that it accelerated the listing review period for single-stock leverage ETFs of Samsung Electronics and SK Hynix. The exchange stated that the preliminary review period for single-stock leverage products averaged 13 days over the past five years, only two days longer than the 11-day average for domestic benchmark index ETFs. The exchange also confirmed that the main listing procedure and timeline are identical to standard

According to sources cited by Jin10, U.S. Joint Chiefs of Staff Chairman Dan Cohen is seeking a way to end military conflict with Iran, citing concerns that military options could backfire and air power alone is unlikely to achieve President Trump's goals, as disclosed on Aug 7. Cohen has privately discussed military escalation options with Vice President Vance, Secretary of State Rubio, and CIA Director Ratcliffe, while also coordinating with like-minded Trump advisors to build consensus before

According to the initiative announced by Volvo Cars, the company entered into agreements this year with its two major battery suppliers—China-based CATL and South Korea's LG Chem—to implement blockchain-based traceability for cobalt used in electric vehicle batteries. Volvo will become the first global carmaker to deploy cobalt supply-chain tracking using blockchain technology, with the system designed to provide transparency on cobalt's origin and movement through the battery supply chain. For

According to CryptoQuant analyst Axel Adler Jr., Bitcoin's price fell below short-term holders' (STH) cost basis on August 8, trading at $64,952 versus an average entry price of $67,523. The gap has narrowed to $2,571, or 3.8%, marking the tightest differential since July 21. Short-term holders typically begin selling at breakeven levels when prices hover near their cost basis, as has occurred in 279 of the past 284 days.

According to IMF First Deputy Managing Director Dan Katz's speech on Friday (August 7), domestic-currency stablecoins intended to curb reliance on dollar-backed tokens could instead accelerate adoption of digital dollars. Katz said once local and dollar stablecoins operate on the same blockchain, users can convert between them through decentralized exchanges and liquidity pools, shifting foreign exchange activity away from traditional banking channels and reducing friction authorities use to mon

According to Ukrainian officials, Russian forces struck Kyiv city and Kyiv region with drones and missiles on the morning of August 8. Kyiv City Military Administration reported that the attack injured 4 people and caused fires in two districts as of 5:45 a.m. local time. Kyiv Region Military Administration separately reported 3 killed and 3 wounded from drone strikes in the region. Rescue operations are ongoing.

According to BlockBeats, on August 8, storage stocks fell sharply while the broader U.S. market rose, with Seagate Technology dropping over 4%, and Western Digital, SanDisk, and SK Hynix ADR declining over 3%. Jefferies slashed SanDisk's 12-month price target from $3,000 to $1,750, while Citi cut its target from $2,500 to $2,100. The Nasdaq rose 1.3% for the day and gained 5.19% for the week, while the S&P 500 reached a record high, up 0.62% on the day.

According to Hana Securities analyst Kim Hong-sik, NVIDIA's recent expansion into artificial intelligence base station (AI RAN) business creates growth opportunities for domestic Korean wireless equipment suppliers. NVIDIA is expanding from AI data centers into AI base stations, embedding GPUs directly into base station equipment to enable edge computing and reduce data processing latency. Korean outsourcing equipment makers mainly focus on radio unit (RU) components, fronthaul, and in-building

According to Asia Economics, Google, Amazon, and Microsoft reported robust Q2 results with record contract backlogs and accelerating cloud revenue growth. Google Cloud's backlog reached $514 billion, up over $50 billion sequentially, while Microsoft's commercial RPO hit $678 billion with 84% year-over-year growth. Amazon's backlog grew 150% to $496 billion. Cloud revenue expanded sharply: AWS grew 37%, Google Cloud 82%, and Microsoft Azure 43%. The broader cloud market expanded 43%, marking its