Gate Insights and Crypto Market Analysis

Tesla, Inc. (TSLA) stock closed at $298.32 on Wednesday, falling below $300 for the first time since August 2025 and heading toward the weakest July performance among Magnificent Seven stocks. The company disclosed in its second quarter that Full Self-Driving had nearly 1.5 million paid customers

Five major South Korean securities firms lowered their price targets for SK Hynix stocks on the 30th, amid a stock decline exceeding 50% from the year's high. NH Investment Securities, Samsung Securities, Shinhan Investment Securities, Daesin Securities, and Hanwha Investment Securities all

LG Electronics achieved a Q2 operating profit of 1.5791 trillion won, a 147% increase from 639.4 billion won in the same period last year, according to the Financial Supervisory Service's electronic disclosure system on July 30. The company attributed the year-over-year improvement to sales growth e

The US Federal Reserve held its federal funds rate target range at 3.5% to 3.75% in a decision announced at 2 a.m. Hong Kong time on Thursday, marking the fifth consecutive meeting without a rate change and meeting market expectations. The Federal Open Market Committee (FOMC) voted 9-3 to maintain r

Korean retail investors lost approximately 56.3 trillion won through leveraged exchange-traded fund (ETF) investments, according to an analysis released by global investment bank Citigroup on the 29th. Mohamed Apabhai, Head of Asia-Pacific Trading Strategy at Citi Global Markets Securities,

Eole has become the first Japanese listed company to hold Hyperliquid (HYPE), purchasing 1,078 tokens for 10.08 million yen at an average price of 9,352.776 yen per token. The Tokyo-listed firm ties the acquisition to its Neo Crypto Bank plan, which aims to build AI-driven settlement

Samsung Electronics shares posted its Q2 2026 earnings on July 30, with consolidated operating profit reaching 89.5 trillion won, setting a quarterly historical record. Consolidated revenue totaled 171.5 trillion won, up 28% quarter-over-quarter. The memory business (Device Solutions division) contributed revenue of 127.5 trillion won and operating profit of 89.2 trillion won, accounting for the vast majority of the company’s total profits. Samsung Electronics Q2 2026 Financial Highlights Samsun

Meta Platforms reported third-quarter revenue guidance of $61 billion to $64 billion on Wednesday, falling short of analysts' expectations of $63.15 billion and triggering a 7% overnight stock decline. CEO Mark Zuckerberg told investors during the post-earnings call that Meta is taking a cautious

Bloom Energy Corp. (BE) stock declined nearly 1.5% in the overnight session late Wednesday despite reporting second-quarter earnings that surpassed Wall Street expectations. The fuel-cell energy provider posted earnings of $0.78 per share on revenue of $1.07 billion for Q2. The decline followed

South Korea's Financial Services Commission announced on the 30th new regulations establishing a cornerstone investor system and pre-demand forecasting mechanism for initial public offerings, set to take effect in November. Under the cornerstone investor framework, institutional investors who

Samsung SDI reported Q2 2026 operating profit of 203.8 billion won, significantly exceeding analyst forecasts of a 14.8 billion won loss and marking its first quarterly operating profit in seven quarters. The battery manufacturer's turnaround was driven by benefits from the US Advanced

SK Hynix received target price adjustments from six of 14 securities firms on July 30 following second-quarter earnings that fell short of market expectations. The company reported Q2 revenue of 79.3 trillion won and operating profit of 60.5 trillion won, both record-breaking figures but below

President Ferdinand R. Marcos Jr. announced a major tax reform package during his fifth State of the Nation Address on July 27, 2026, proposing to raise the income tax-exempt threshold from ₱250,000 to ₱350,000 annually. The reform aims to provide relief to Filipino workers facing persistent

POSCO Future M reported Q2 operating profit of 26.7 billion won, a 3,351% increase from the same period last year, according to a disclosure on the 30th. The energy materials division achieved 25 billion won in operating profit, reversing a 25.5 billion won loss recorded in Q2 last year, while the a

South Korea's KOSPI index rose 144.83 points (2.56%) to 5808.07 as of 11:20 AM on the 30th, rebounding after two consecutive days of sharp declines following Samsung Electronics' Q2 earnings announcement. Individual investors sold 1.9688 trillion won worth of stocks during the same period, marking t

Cryptocurrency exchange Luno announced a 20% reduction of its global workforce on July 28, as CEO James Lanigan cited a downturn in retail trading and an increased shift toward automation as primary drivers. The company, owned by U.S.-based Digital Currency Group, did not disclose the total number o

USD-KRW exchange rate dropped over 10 won in morning trading on May 30, hitting its lowest level since February at 1,435.90 won at 9:16 AM before reversing course to trade at 1,446.40 won by 11:17 AM, down 0.30 won from the prior session close. The sharp decline was attributed to suspected dollar se

Hong Kong stocks traded mixed at midday, with the Hang Seng Index slipping 8 points to close the morning session at 25,798 points. The decline followed overnight weakness in US markets, where the Dow Jones fell over 1,000 points and both the S&P 500 and Nasdaq dropped more than 1% after the

Pi Network (PI) saw its price rise 6.66% to $0.0822 on Wednesday as the Pi Core Team began rolling out Protocol 26, the first of two remaining upgrades to its Mainnet. Node operators have until August 11 to complete the update to maintain their connection to the Mainnet. The rollout marks the

Bloomberg market analyst and ETF expert Eric Balchunas stated on 29일 that AI investment fever, not leveraged exchange-traded funds, was the core cause of recent Korean stock market volatility. Balchunas shared his analysis via his X account in response to Korean political discussions targeting 2x le