Gate Cryptocurrency News and Market Analysis

SpaceX stocks rose over 1% overnight late Wednesday after Deepwater Asset Management's Gene Munster estimated that Elon Musk's rocket maker now accounts for about 5% of Nvidia's revenue. Munster's calculation, based on Nvidia's second-quarter revenue of $96.2 billion, implies nearly $4.8 billion

Apple Inc. is projected to ship over 10 million foldable iPhones within the first year of launch, according to market research firm International Data Corporation (IDC). The tech giant will debut its first foldable smartphone on September 9 at an event held at the Steve Jobs Theater in Apple Park. I

CrowdStrike (CRWD) shares surged 12% in after-hours trading on Wednesday after the cybersecurity firm posted quarterly results for the three months ended July 31 and raised its full-year growth forecast. The company upgraded its net new annual recurring revenue (ARR) growth target to 34% at the

Salesforce Inc. (CRM) shares soared 13% in after-hours trading on Wednesday. The cloud software vendor reported second-quarter results and issued guidance that surpassed Wall Street projections. The company reported adjusted earnings per share of $5.90, up 103% year-on-year and above the $3.27

Okta Inc. (OKTA) reported second-quarter financial results on Wednesday that exceeded Wall Street estimates, with the fiscal quarter ending July 31 delivering revenue of $805 million, an 11% year-over-year increase that beat the $793 million consensus estimate. The identity management company

Abercrombie & Fitch (ANF) stock surged following its second-quarter earnings report, with Jefferies raising its price target to $175 while maintaining a 'Buy' rating. The upgrade came after the retailer reported Q2 sales of $1.27 billion, a 5% year-on-year increase that exceeded analyst estimates, a

US Stock Market News: J.M. Smucker (SJM) delivered a beat-and-raise quarter in its first fiscal 2027 results on Wednesday, though a large one-off tariff refund from the U.S. federal government tempered the headline figures. Stock Market News Today highlights that even when accounting for the tariff payout, Smucker demonstrated solid operational performance across most business segments.

In US Stock Market News, NVIDIA released its fiscal 2027 second quarter financial results after market close on Wednesday, achieving record revenue of $96.2 billion, up 106% year over year, while adjusted earnings per share climbed 120% to $2.22. The chipmaker's valuation has reached levels not seen since early 2019, trading at less than 27 times earnings—a significant shift given the company's doubled profitability.

South Korea's Monetary Policy Committee raised the benchmark interest rate to 3.0% in August, marking a consecutive increase following July's hike. The decision triggered sharp declines in bond futures during morning trading on August 27, with 3-year futures dropping 20 ticks to 103.12 and 10-year f

On September 1, major telecommunications companies and e-commerce platforms in Russia began accepting the digital ruble, marking a step forward in promoting the state-backed currency for everyday transactions while maintaining the ban on using cryptocurrencies for direct payments. Russia takes a firm stance on cryptocurrencies: the country allows investment and transactions involving cryptocurrencies but prohibits their use for direct payments. While other markets are still discussing the concep

ING Bank projects the US 10-year Treasury yield will stabilize around 4.75% as a fair value benchmark, according to analysis released on August 27. The Dutch bank's estimate derives from combining July's 3.3% year-over-year core Personal Consumption Expenditures (PCE) price index with the

The Bank of Korea raised its growth forecast for next year to 2.9% on the 27th, a significant upward revision from the 2.1% projection announced in May. The central bank attributed the adjustment to an expected semiconductor boom and broader economic growth expansion. The 0.7 percentage point

Russia’s three largest telecommunications operators — MTS, Rostelecom, and MegaFon — have prepared to accept digital ruble payments starting September 1 as part of the first mandatory phase of the Central Bank of Russia’s digital currency rollout. According to Vedomosti, the companies are preparing their payment systems for launch: MTS is offering digital ruble transactions through services connected to MTS Pay, while Rostelecom and MegaFon are working on their own integrations. MTS Integrates t

South Korea's National Data Agency reported on the 27th that the income gap between the bottom 20% and top 20% of earners narrowed to a record low in Q2. The equalized disposable income quintile ratio fell to 4.97 times, down 0.48 percentage points from 5.45 times in the same period last year. The n

Korean government officials and global institutional investors held a virtual consultative meeting the day before the 27th to discuss forex and capital market reforms, according to the Ministry of Economy and Finance. The meeting brought together major asset managers including BlackRock, Vanguard,

Three high-ranking Moscow police officers were sentenced to 12–14 years in prison for stealing more than 30 million rubles from the accounts of clients of the Garantex crypto exchange. The verdict was handed down by Moscow’s Butyrsky District Court on August 24. The defendants—MVD investigator Antonina Shakina and special-bureau MVD officers Renat Bakhtiyev and Leonid Golubev—were found guilty of accepting bribes, falsifying documents, and abusing their official powers. Shakina and Bakhtiyev wer

SpaceX CEO Elon Musk announced on August 24 that SpaceX and NVIDIA are deepening their collaboration, centered on the Vera Rubin platform, to extend AI computing infrastructure into Earth orbit. The first Starmind AI satellites could launch as early as the fourth quarter of 2027, one year ahead of the previously announced 2028 schedule, with deployment expected to expand substantially in 2028. Starmind AI Satellite Launch Schedule: Moved Up to Q4 2027 Musk said publicly on August 24, 2026, that

A survey released by the National Institute on Retirement Security on August 27 showed that 77% of Americans believe using cryptocurrency in workplace retirement plans poses risks, while 53% oppose employers offering cryptocurrency as an investment option; 80% of respondents believe the United States faces a retirement crisis, up from 67% in 2020. Survey Data: 77% Believe Cryptocurrency Is Risky According to the National Institute on Retirement Security, the survey was conducted by Greenwald Res

Gamescom 2026 was held in Cologne, Germany, from Aug. 26 to 30. The annual opening livestream, “Gamescom Opening Night Live 2026” (ONL), surpassed 800k views. The biggest announcements from this year’s ONL included CDPR’s announcement that the remastered version of The Witcher 3: Wild Hunt will launch on Sept. 29, with owners of the original game receiving a free upgrade; The Witcher 3: The Old Song is expected to launch in 2027. Gamescom 2026 Opening Night Live Gamescom Opening Night Live 2026

Photos of the Xiaomi 18 Fold have recently leaked online. They show the new phone with a vivid red body and a horizontal camera module on the upper back containing three lenses and a flash. The overall design closely matches the phone Xiaomi CEO Lei Jun was previously photographed holding, and the photos also reveal the phone’s thickness. Xiaomi has not yet announced the complete exterior specifications; the actual dimensions and weight will be disclosed after the phone’s official launch in Sept