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Bitcoin Asia Conference Nears Closing — Hong Kong Crypto Stocks Rally Across the Board
Hong Kong–listed crypto-themed equities saw broad intraday gains on Friday, August 29, as the Bitcoin Asia Conference wrapped up in the city.
Bitcoin
BNB
TradingKey
Fri, Aug 29
Major stock jumps around crypto moves raise suspicions of insider activity
MEI Pharma’s stock jumped in mid-July. It wasn’t because of a new cancer drug. The company said it would buy $100 million of Litecoin for its cash reserves. After that, the share price went from $3 to almost $7. What was odd is that the stock had already risen in the days before the news
Cryptopolitan
Thu, Aug 28
Investment Advisors Drive Bitcoin and Ether Institutionalization, But the Push Behind May Also Be a Threat
TradingKey - Fueled by the Trump administration’s aggressive push to legalize cryptocurrencies and stablecoins, Wall Street investment advisors have emerged as the largest known buyers of Bitcoin and Ethereum ETFs after retail investors — signaling a shift of crypto assets from speculative
Bitcoin
Ethereum
TradingKey
Thu, Aug 28
Japan's Two-Year Bond Auction Demand Hits 16-Year Low Amid Rising Rate Hike Speculation from BOJ
TradingKey - Demand for Japan's two-year government bonds hit the lowest level in 16 years this Thursday, as market speculation intensified that the Bank of Japan (BOJ) will raise interest rates later this year, coupled with expectations of increased short-term debt issuance. This development indica
TradingKey
Thu, Aug 28
BYD European Sales Soar 225% in July, Overtaking Tesla in Market Share
TradingKey - Chinese new energy vehicle leader BYD achieved explosive sales growth in the European market in July, surpassing Tesla in market share and becoming a focal point for the global automotive industry.
TradingKey
Thu, Aug 28
Why Investors Aren’t Fazed by Trump Firing Lisa Cook From Fed Board
TradingKey - After U.S. President Donald Trump announced the immediate dismissal of Federal Reserve Governor Lisa Cook, the long-term bond market reacted first with a steepening yield curve, while risk assets like U.S. equities did not suffer the expected shock. Now, even long-term Treasury yields
TradingKey
Thu, Aug 28
Snowflake's "Perfect Scorecard": AI Cloud Engine Drives Growth; Shares Jump After Hours
TradingKey - Cloud data warehouse giant Snowflake (SNOW.US) posted impressive second-quarter earnings on August 27, with core financial metrics showing strong performance and an upwardly revised full-year revenue guidance — both exceeding market expectations. Robust growth in its AI data cloud...
Snowflake Inc
TradingKey
Thu, Aug 28
Meituan's Q2 Profit Slump by 87% Spurs Divergent Views: Market Share Erosion or Long-term Strength?
TradingKey - On August 28th, Meituan (3690.HK) tumbled more than 10% at the opening of the Hong Kong market, closing down 13.07% at HK$101.1, hitting a new low since last September. The primary reason was the Q2 financial report falling significantly short of expectations, with net profit plunging 8
Alibaba Group Holding Ltd
JD.Com Inc
TradingKey
Thu, Aug 28
Japanese Trading Houses Surge — Buffett’s Stake Hike Acts as Key Catalyst
TradingKey - Berkshire Hathaway, led by Buffett, has once again increased its exposure to Japan, sparking a broad rally in the country’s trading house sector. On Thursday local time, Mitsubishi Corporation announced that a subsidiary of Berkshire had raised its stake from 9.74% in March to 10%
TradingKey
Thu, Aug 28
NVIDIA Posts Strong Revenue and Profit Beat — So Why Did Shares Drop Over 5% After Hours? What Is the Market Worried About?
TradingKey - The much-anticipated Q2 2026 earnings report from NVIDIA (NVDA.US) is in:Revenue of $46.74 billion. Net income of $26.42 billion. Both figures surged over 55% year-over-year and exceeded analyst expectations. Yet, the stock plunged more than 5% in after-hours trading
NVIDIA Corp
TradingKey
Thu, Aug 28
[Crypto IPO] GrowHub Set to List on Nasdaq — Blockchain IPO Momentum Continues
Singapore-based blockchain technology firm THE GROWHUB LIMITED (GrowHub) is preparing to go public on the Nasdaq Stock Market under the ticker symbol TGHL.
TradingKey
Thu, Aug 28
Gold Prices Soar — So Why Is the World’s Largest Gold Miner Cutting Jobs?
TradingKey - Despite gold prices hitting record highs, Newmont Corporation (NEM.US), the world’s largest gold miner, is under severe cost pressure and is now planning large-scale layoffs to reduce expenses.
Newmont Corporation
TradingKey
Thu, Aug 28
CRO Takes the Baton from OKB — Soars Over 80% Today, Hits Highest Level Since April 2022
On Thursday, August 28, Crypto.com’s native token CRO extended its rally, surging more than 80% intraday and breaking past $0.37, marking its highest price since April 2022. As of press time, CRO is trading at $0.3717.
BNB
TradingKey
Thu, Aug 28
Nvidia’s Tepid Outlook Pressures Stock — AI-Linked Cryptos Plunge in Response
On Thursday, August 28, shares of AI chipmaker Nvidia (NVDA) fell 3.14% to $175.90, following a lukewarm earnings outlook that disappointed investors.
NVIDIA Corp
Worldcoin
Artificial Superintelligence Alliance
TradingKey
Thu, Aug 28
China seeks to triple output of AI chips in race with the US — FT
China’s chipmakers are seeking to triple the country’s total output of artificial intelligence processors next year, the Financial Times reported on Thursday.
AUD/USD
Fxstreet
Thu, Aug 28
24H|Nvidia Drops 3%; CrowdStrike Sinks 4%; Snowflake Jumps 13%; Pure Storage Surges 16%
Nvidia dropped 3.1% in overnight trading. The world’s most valuable company gave a tepid revenue forecast for the current period, signaling that growth is decelerating after a staggering two-year boom in artificial intelligence spending.
Tiger News
Thu, Aug 28
Alibaba under pressure to turn profits from its AI business in China
Alibaba spends heavily on AI but struggles to make strong earnings from it.
Cryptopolitan
Wed, Aug 27
Meituan’s Food Delivery War Cracks as Q2 Profit Plummets 89% on Core Weakness and Expanding Losses
TradingKey - Fueled by “irrational competition” in the food delivery sector, Meituan (3690.HK) saw its Q2 2025 net profit crash 89% due to a surge in sales expenses. With its core local services business underperforming and new ventures deepening losses, the delivery giant faces mounting pressure on
Alibaba Group Holding Ltd
JD.Com Inc
TradingKey
Wed, Aug 27
Lutnick Discloses Inside Scoop: US Government Pressures TSMC to Trade Investment for Subsidies
TradingKey - In a recent interview, US Commerce Secretary Howard Lutnick criticized the Biden administration’s subsidy policy as "giving away money for nothing." He highlighted that the Trump administration demanded a "fair deal" from companies as a condition for receiving subsidies. This approach l
Taiwan Semiconductor Manufacturing Co Ltd
TradingKey
Wed, Aug 27
India’s Bold Pivot: Using Tariff Pressure as a Trigger for Tax Cuts and Bureaucracy Reform
TradingKey - The Trump administration’s imposition of a 50% tariff on Indian goods has pushed the decades-long U.S.-India relationship into a “darkest hour.” Rather than capitulate, India has responded by launching deep domestic reforms aimed at long-standing structural problems — particularly its
TradingKey
Wed, Aug 27
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