Flash News

TREE NEWS reports: Baidu reported Q2 revenue of 31.3 billion yuan, with its AI cloud and intelligent agent businesses serving as core growth drivers. The company continues to leverage AI technologies to enhance its offerings and maintain competitive advantage.

TREE NEWS update: Crypto treasury companies (DAT) reported combined Q2 net losses of about $10 billion, yet their stocks rebounded as markets had already priced in the losses. These firms are now focusing on increasing per-share crypto holdings, adopting disciplined capital allocation and innovative instruments like STRC preferred shares.

TREE NEWS update: Pony.ai shares rose 5% in pre-market trading after reporting Q2 revenue of $XX million, up 68.8% year-over-year. The strong growth was driven by increased demand for its autonomous driving services. This positive earnings report boosted investor confidence in the company’s prospects.

TREE NEWS reports: Kraken has announced that it will now offer US stock trading to its European users. This move marks a significant expansion of the crypto exchange’s services into traditional financial markets, bridging the gap between digital assets and equities.

TREE NEWS update: The daughter of NVIDIA CEO Jensen Huang visited LG Electronics’ robot center to discuss expanding cooperation in AI infrastructure and robotics. This move highlights the growing intersection between AI and robotics industries.

TREE NEWS update: ‘New Bond King’ Jeffrey Gundlach warns that Wall Street’s push to turn AI chips into an investable asset class, highlighted by Nvidia’s partnerships to raise over $500B for AI infrastructure, may signal an impending market top. Nvidia acts as a lead partner rather than a funder, leveraging its credit rating to lower client financing costs.

TREE NEWS reports: South Korea’s KOSPI index reversed sharply, dropping 2% after initially surging over 3% in early trading. The volatile swing reflects heightened market uncertainty amid global economic concerns.

TREE NEWS reports: US banks significantly reduced their MicroStrategy (MSTR) holdings by 70% in Q2, while dramatically increasing positions in the ETHA ETF by 29 times. This shift indicates a strategic reallocation towards Ethereum-linked products.

TREE NEWS reports: Bithumb reported a net loss of 108.69 billion KRW (~$76.44M) for H1 2026, despite its core exchange business remaining profitable. The loss was driven by crypto asset disposal and valuation losses totaling ~$48M and a surge in litigation reserves to $27.8M after a regulatory fine. Revenue nearly halved to $119M amid market cooling and reduced marketing spend.

TREE NEWS reports: Strategy’s STRC preferred stock has paid its semi-monthly dividend of $0.50 per share, with the next payment scheduled for August 31. This marks a routine distribution event for the company’s crypto-linked securities.

TREE NEWS reports: Alibaba is selling its gaming business, Lingxi Interactive Entertainment, for at least $1.5 billion. The move is part of Alibaba’s strategic divestment from non-core assets. This transaction is not related to RWA tokenization or cryptocurrency.

TREE NEWS reports: Despite strong Q2 results, SpaceX, SanDisk, and Alphabet saw their stocks drop after earnings, highlighting that markets trade on expectations and earnings quality, not just headline numbers. Key factors include heavy capex, price-driven growth, and non-operating gains, underscoring the importance of analyzing cash flow, revenue drivers, and profit sources.

TREE NEWS update: Korean retail investors are fleeing the volatile local market, net buying about $4.5 billion in US stocks in July, with a notable $840 million into SK Hynix ADRs despite a 10% premium, and heavy demand for leveraged semiconductor ETFs like SOXL. Analysts warn this ‘changing venue, same bet’ strategy fails to diversify and signals speculative overheating, potentially amplifying volatility in niche areas.

TREE NEWS reports: Stripe has acquired OpenRouter, an AI model marketplace, in a deal that could yield nearly $1.5 billion for early investor a16z. The acquisition marks a significant move for Stripe into the AI infrastructure space, though it is not directly related to RWA tokenization.

TREE NEWS reports: Nvidia, OpenAI, and SoftBank’s SB Energy have partnered to build a massive data center in Ohio with at least 10GW of capacity, featuring Nvidia’s compute infrastructure. Nvidia will provide up to $105 billion in residual value guarantees for OpenAI’s 20-year lease, marking a new role for chipmakers in data center financing. The deal highlights the growing importance of securing land, power, and data center capacity for AI development.

TREE NEWS reports: Riot Platforms sold 9,665 bitcoins in the first half of the year, generating $732 million in trading volume. This reflects the company’s active treasury management as it continues to expand its mining operations.

TREE NEWS reports: Zhibao Technology completed a $154.7 million PIPE financing, with investors paying using 2,380 Bitcoin. This marks a notable instance of crypto assets being used in traditional private investment rounds, highlighting the growing intersection of digital assets and corporate finance.

TREE NEWS reports: Jane Street, a major trading firm, has disclosed holding over $990 million in Bitcoin ETFs, signaling strong institutional adoption of crypto-linked products. This move underscores the growing integration of digital assets into traditional finance portfolios.