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Anthropic signs a $10 billion computing power deal to continuously expand AI infrastructure.

The artificial intelligence startup Anthropic has signed a $10 billion computing power partnership agreement with AI infrastructure startup Volta Infra Holdings Ltd. to meet the growing computing power demands of its Claude model.

The demand for AI data centers remains strong! ON Semiconductor Corporation (ON.US) is favored by several Wall Street institutions, and the trend of gross margin improvement is expected to continue until the end of the year.

After Ansem Semiconductor announced its second-quarter performance and guidance, it received widespread optimism from Wall Street analysts.

Philadelphia Fed President: Keeping an Open Mind on the Path of Interest Rates, Does Not Exclude Further Tightening of Policies

Philadelphia Fed President Anna Paulson stated on Tuesday that she remains open to the future path of interest rates, and that future policy adjustments will largely depend on the trend in core inflation. If underlying inflation stays persistently high, the Fed may need to further tighten monetary policy to ensure inflation returns to the 2% target.

US Stock Market Move | SpaceX (SPCX.US) rises 4% as its first quarterly report since going public is about to be released.

On Tuesday, SpaceX (SPCX.US) rose 4%, closing at $119.20.

In June, the number of job openings in the U.S. fell to 7.36 million, below expectations, while the increase in hiring highlighted that the labor market remains resilient.

The labor mobility survey shows that in June, the number of job vacancies in the United States fell, below market expectations; however, the number of hires has rebounded and layoffs remain low, indicating that the overall U.S. labor market remains stable.

A-share Evening Highlights | Are essays coming back? US stocks see a collective surge in optical communication.

On August 4th, a short essay about the FCC's ban on optical modules went viral, showcasing the logic of domestic substitution in the United States.

US Stock Market Move | The concept stocks of optical communications saw a general rise, with POET Technologies (POET.US) surging by 13%.

On Tuesday, optical communication concept stocks surged, with Applied Optoelectronics (AAOI.US) rising over 15% and POET Technologies (POET.US) increasing by 13%.

The Nasdaq 100 index rose more than 2%, reaching a new high since July 15.

The Philadelphia Semiconductor Index has risen by 5%.

The Philadelphia Semiconductor Index rose 5% to 12,006 points. NVIDIA's stock price increased by 2.17%, TSMC's stock price rose by 2.08%, Broadcom's stock price went up by 4.69%, SK Hynix's stock price climbed by 6.2%, Micron Technology's stock price gained 6.01%, Advanced Micro Devices' stock price increased by 6.18%, ASML's stock price rose by 3.8%, Intel's stock price surged by 7.59%, Lam Research's stock price rose by 5.6%, and ARM's stock price jumped by 11.67%.

US Stock Market Move | Chip stocks rose broadly, with Intel Corporation (INTC.US) up more than 7%.

On Tuesday, chip stocks saw a broad rise, with Intel (INTC.US) climbing over 7%.

IPO News | Yundong Intelligent Resubmits Application to Hong Kong Stock Exchange as a Domestic Supplier of In-Vehicle Intelligent Connectivity Solutions

According to the disclosure by the Hong Kong Stock Exchange on August 4th, Hangzhou Yundong Intelligent Vehicle Technology Co., Ltd. has submitted its application for listing on the main board of the Hong Kong Stock Exchange, with China International Capital Corporation as the sole sponsor.

The U.S. has released a strong signal to stabilize exchange rates! Bessent: Will support Japan in curbing the decline of the yen.

U.S. Treasury Secretary Scott Bessent said on Tuesday that the weakening of the yen has exacerbated Japan's inflation problem and increased the risk of broader depreciation of Asian currencies. He also reiterated U.S. support for efforts to stabilize exchange rates.

Besenet stated that the U.S. and Iran may reach an agreement in the next two days to reopen the Strait of Hormuz! Oil prices dropped sharply, with Brent crude briefly falling below $81.

U.S. Treasury Secretary Scott Barron stated that the United States and Iran may reach an agreement as early as Tuesday regarding control over the Strait of Hormuz.

Samsung's semiconductor foundry business may operate at near full capacity in the second half of 2026.

Reports indicate that Samsung Electronics' chip manufacturing business may operate at near full capacity in the second half of 2026, marking a potential turning point for the company after prolonged underutilization of production capacity affected profitability. However, the yield rate of the 2nm process remains a significant challenge.

Stock prices surge! The "light in, copper out" trend of AI data centers has ignited testing demand, leading to additional orders for Aehr (AEHR.US), a leader in silicon photonics.

AI shifts from electronics to photonics, Aehr receives additional orders from the leading silicon photonics company, the AI optical interconnect industry chain enters a substantial ramp-up phase, and the stock price soars.

Cipher (CIFR.US) is experiencing growing pains during its transformation: Q2 mining revenue plummeted by 43%, and losses have widened, but the first AI data center was delivered ahead of schedule and is generating rental income.

Cipher Digital (CIFR.US) announced its Q2 2026 financial report and disclosed the latest operational status.

Single-season revenue surpasses $20 billion for the first time! Carter's Incorporated (CAT.US) Q2 earnings report overwhelmingly exceeded expectations, soaring 11% in pre-market trading.

Thanks to strong demand for power generation equipment, construction machinery, and mining products, heavy equipment manufacturer Caterpillar (CAT.US) announced its second-quarter earnings on Tuesday, easily surpassing Wall Street expectations with record results, and surged over 10% in pre-market trading.

Pfizer Inc. (PFE.US) alleviates profit pressure: Strong demand for the old drug portfolio in Q2 prompts an upward revision of the revenue guidance for 2026, along with an additional $2.5 billion in cost reductions.

Pfizer has raised its sales forecast due to strong demand for older drug combinations and plans to cut an additional $2.5 billion in costs.

CoreWeave (CRWV.US) is entering the Asian AI computing battlefield! It plans to invest billions of dollars to build three data centers in Indonesia.

The artificial intelligence (AI) cloud computing company CoreWeave is attempting to enter the Asian market and will build its first data centers in the region to expand in this rapidly growing area of demand for computing power.

New Stock News | Yundong Intelligent Resubmits Application to the Hong Kong Stock Exchange

According to the disclosure by the Hong Kong Stock Exchange on August 4, Hangzhou Yundong Intelligent Automotive Technology Co., Ltd. has submitted a listing application to the main board of the Hong Kong Stock Exchange, with CICC as the sole sponsor.

CloudMotion Smart has submitted an application to the Hong Kong Stock Exchange.

According to the HKEX documents, on August 4, Hangzhou Yundong Intelligent Automotive Technology Co., Ltd. submitted a listing application to the Hong Kong Stock Exchange, with China International Capital Corporation as the exclusive sponsor.

The Hong Kong industry suggests researching the reform of the Hong Kong dollar peg: expand the exchange rate fluctuation range and establish a "basket of currencies" anchoring mechanism.

The Hong Kong Securities and Futures Professionals Association has proposed policy recommendations, urging the authorities to align with the global trend of "de-dollarization" and to include the "reformation of the Hong Kong dollar peg" in the scope of long-term policy research.

Selected A-share announcements | Fengzhushou (301382.SZ) signs a major contract worth over 4.6 billion yuan! Strategizing in the new model of computing power leasing.

Bee Assistant announced that the company has signed a "Computing Power Service Contract" with a client, with a total contract amount of 4.608 billion yuan and a service period of 60 months.

Valuation "halved" for listing, why does Shein still want to IPO despite the downturn?

The helplessness after helplessness.

U.S. Treasury Secretary Yellen: Core inflation is slowing down, and Powell hopes to maintain flexibility.

U.S. Treasury Secretary Bessenet stated in an interview that Federal Reserve Chairman Waller hopes to maintain flexibility to achieve the best outcomes. Discussing the Fed and Waller's strategy, he believes this is a "detox" for the Federal Reserve. He mentioned that each meeting should be real-time and that participants should make their own judgments. He believes the Federal Reserve will balance the goals of economic growth and inflation, and he is confident that Waller will help the Fed find a balance between growth and inflation objectives. When discussing the economy and inflation, he noted that core inflation has remained very stable after excluding sectors affected by energy prices, and underlying inflation data is quite mild; he believes this trend will continue. Additionally, he pointed out that core inflation is slowing down.

Hong Kong Retail Management Association: The retail environment in July remains weak; members expect an improvement in retail performance in August.

Looking ahead to August, nearly 60% of respondents expect sales to increase, almost 30% anticipate them to remain flat, and over 10% predict a decline, reflecting an anticipated improvement in confidence for August.

U.S. Treasury Secretary: Agreement with Iran to open the Strait of Hormuz may be reached tomorrow.

According to U.S. media reports on the 4th, U.S. Treasury Secretary Basant stated that the United States may reach an agreement with Iran tomorrow to open the Strait of Hormuz.

Preview of US Stock Market | All three major stock index futures are up, oil prices continue to drop, and chip and optical communication stocks are rising in pre-market trading. SpaceX (SPCX.US) released its financial report after hours.

On August 4 (Tuesday) before the market opened, the three major U.S. stock index futures all rose.

The halo of U.S. treasury bonds is fading! Global funds are shifting to European bonds, with German bonds becoming the new favorite for safe-haven investing.

As global macro risks become increasingly complex and difficult to price, European bonds are gradually emerging as a safe choice in the eyes of fund managers.

U.S. Treasury Secretary Becerra: An agreement on the Hormuz issue is expected to be reached by Tuesday or Wednesday.

AI trading turmoil suppresses US stocks! European stocks rise against the trend, becoming a new safe haven for global capital.

In recent weeks, the European stock market has become the only region among the major global markets where risk appetite has significantly improved.

Apple Inc. (AAPL.US) annual sales in India have surpassed $10 billion for the first time: iPhone leads revenue growth, and the "new growth engine" is accelerating its formation.

Apple's sales in India have surpassed $10 billion, with a greater effort in expanding retail channels.

In July 2026, 2.6554 million new A-share accounts were opened, a year-on-year increase of 35.23%. A total of 22.8168 million new accounts were opened in 2026.

According to data from the Shanghai Stock Exchange, in July 2026, there were 2.6554 million new A-share accounts opened, a month-on-month decrease of 7.30%, but an increase of 35.23% compared to 1.9636 million in July 2025. In total, 22.8168 million new accounts were opened in 2026, marking a year-on-year increase of 56.69%.

The State Post Bureau has launched an investigation into Shentong Express.

According to the official website of the State Post Bureau, the State Post Bureau has initiated an investigation against Shentong Express Co., Ltd. Since the beginning of this year, numerous production safety accidents have frequently occurred in enterprises using the "Shentong Express" trademark, business name, and express waybills to operate express delivery services. These locations have been repeatedly found to have production safety hazards during inspections. Shentong Express Co., Ltd. has deficiencies in safety production management for related enterprises and has not implemented unified safety assurance management as required. Therefore, the State Post Bureau has legally initiated an investigation against Shentong Express Co., Ltd.

McDonald's second-quarter revenue was $7.10 billion, estimated at $7.12 billion.

In the second quarter, McDonald's adjusted earnings per share were $3.38, compared to an estimated $3.32; the second quarter earnings per share were $3.32, up from $3.14 in the same period last year.

Pfizer's second-quarter revenue was $15.03 billion, estimated to be $14.41 billion. The adjusted earnings per share for the second quarter were $0.77. Pfizer expects full-year revenue to be between $60.5 billion and $62.5 billion, with market estimates at $61.76 billion.

Intensified market competition coupled with weakened consumer confidence! The automotive and luxury goods sectors have become the "drag" on Europes impressive earnings season.

Amid intensified market competition and weakened consumer confidence, the performance of European luxury brands and automobile manufacturers continues to lag, casting a shadow over the otherwise optimistic earnings season for Europe as a whole.

The third time is the charm for breaking through the previous peak window period. Can the strong performance of TAL Education Group Sponsored ADR Class A (TAL.US) bring about a good stock price?

At a time when the US stock market urgently needs to inject certainty into the AI narrative, as a leading company in the "AI + education" concept of Chinese concept stocks, TAL Education has established a solid foundation for its robust growth in the new fiscal year, thanks to the strong profit elasticity during the spring training peak season.

Hong Kong Futures Clearing Corporation: After the business hours on August 7, the collateral haircut ratio will be adjusted.

The Hong Kong Futures Exchange has decided to adjust the haircuts for cash collateral, foreign exchange fund bills, bonds, and U.S. government bonds after the end of trading hours on August 7, 2026.

The State Administration for Market Regulation held a special action promotion meeting to deeply implement the fair competition review system.

On July 28, the State Administration for Market Regulation held a special action advancement meeting in Beijing to thoroughly implement the fair competition review system. The meeting listened to reports on the progress of relevant local work, summarized the effectiveness of phase-based work, and deployed key tasks for the next phase. Meng Yang, a member of the General Administration's party group and deputy director, attended the meeting and delivered a speech. The special action focuses on accelerating the establishment of a unified national market, adhering to a problem-oriented approach, concentrating on issues related to the fair competition review at the grassroots level, and specifically deploying 15 tasks. It guides localities to solidly promote the work according to their actual situations, achieving phase-based effectiveness and providing strong guarantees for the implementation of fair competition reviews.

Northbound funds | The Northbound trading recorded a net purchase of 2.57 billion. Alibaba Qianwen released Qwen 3.8 and Agent products. Northbound increased its holdings in Alibaba (09988) by over 1.5 billion.

On August 4th, in the Hong Kong stock market, northbound capital recorded a net purchase of HKD 2.57 billion. Among them, the Shanghai-Hong Kong Stock Connect experienced a net sell of HKD 380 million, while the Shenzhen-Hong Kong Stock Connect recorded a net purchase of HKD 2.95 billion.

The U.S. Department of Defense cancels $300 million lithium procurement tender; challenges encountered in replenishing critical minerals.

The U.S. Department of Defense has canceled its bid for the strategic reserve lithium procurement, highlighting once again the challenges it faces in increasing the supply of critical minerals.

The central bank's net issuance of treasury bonds in the open market in July was 50 billion yuan.

On August 4th, the central bank announced the liquidity injection situation for various tools in July 2026.

Hang Seng Index Company: The financial industry has been the biggest contributing sector to the performance of the Hang Seng Index this year.

In the first seven months of 2026, the financial industry was the largest contributing sector to the Hang Seng Index's performance, while the non-essential consumer and information technology sectors were the two main drag factors during this period.

The central bank will conduct a 500 billion yuan reverse repo operation on August 5.

On August 5, the People's Bank of China will conduct a 500 billion yuan fixed-quantity, interest rate bidding, multiple price winning reverse repurchase operation, with a term of 3 months (92 days), maturing on November 5, 2026 (postponed to the next working day if it falls on a holiday).

To maintain ample liquidity in the banking system, on August 5, 2026, the People's Bank of China will conduct a 500 billion yuan reverse repos operation with fixed amount, interest rate bidding, and multiple price bidding methods. The term is three months, with the maturity date set for November 5, 2026.

Non-opioid analgesic newcomer Latigo (LTGO.US) plans to raise up to $288 million in its IPO, targeting a $10 billion market with its Nav1.8 inhibitor aimed at Vertex Pharmaceuticals Incorporated (VRTX.US).

Pain treatment biotech company Latigo Biotherapeutics has set the terms for its $272 million IPO.

Chinese copper foil manufacturer Longdian Huaxin (FOIL.US) has set its IPO price at $20-22 per share, aiming to raise $75 million.

Chinese copper foil manufacturer Londian Wason New Energy Tech announced the terms of its initial public offering (IPO) on Monday.

China United Airlines: Starting tomorrow, the fuel surcharge standards for domestic passenger transport will be adjusted.

On August 4, China United Airlines Co., Ltd. issued a notice stating that starting from August 5, 2026, the company will adjust the fuel surcharge for passenger transportation on domestic routes. The specific standards are as follows: 1. Fuel surcharge standards for domestic route passenger transportation: for segments under 800 kilometers, a charge of RMB 40 per passenger; for segments over 800 kilometers, a charge of RMB 70 per passenger. 2. Infants enjoying 10% of the adult fare for domestic civil aviation tickets are exempt from the fuel surcharge. 3. For children, disabled revolutionary soldiers, and public security personnel disabled while on duty, who purchase tickets at 50% of the adult fare for domestic civil aviation, the fuel surcharge standards are: for segments under 800 kilometers, a charge of RMB 20 per passenger; for segments over 800 kilometers, a charge of RMB 30 per passenger. 4. For international tickets, the actual calculation results from the system shall prevail. 5. The effective date for the fuel surcharge is based on the original ticket issuance date. For domestic tickets sold before August 5, 2026, if changed to a date after August 5, 2026, the fuel surcharge already collected will not be refunded or adjusted.

The small molecule anticancer therapy developer BlossomHill (BLSM.US) has set an IPO price of $15 to $17 per share, aiming to raise $125 million.

BlossomHill Therapeutics plans to issue 7.8 million shares at a price range of $15 to $17 per share, raising $125 million.

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1 m ago

SpaceX (SPCX.O) expects revenue of 7.8 billion USD in Q2 2026, while the market forecast is 6.934 billion USD.

2 m ago

SpaceX: Revenue in the second quarter was $7.8 billion, compared to market expectations of $6.81 billion.

2 m ago

The S&P 500 index closed at a record high for the first time since June.

3 m ago

International oil prices fell sharply on the 4th.

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U.S. stock market close: The three major indexes collectively rose.

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