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Crypto Daily | SEC Updates Stablecoin Accounting Rules; Blockchain-Based Lender Figure Files for US IPO; Strategy Makes Its Third-Largest Bitcoin Purchase Ever
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsSEC Updates Stablecoin Accounting Rules, Allows Some to Be Treated as Cash EquivalentsThe U.S. Securities and Exchange Commission (SEC) has updated its staff guidan...
Tiger News
Aug 5, 2025
From 250% Pop to 27% Crash: Figma's IPO Fever Fizzles in Just Three Trading Sessions
TradingKey - Last week’s breakout star in the design software space, Figma, saw a sharp reversal on Monday as its shares tumbled 27.38% to close at $88.60, giving back much of its spectacular post-IPO gains.
TradingKey
Aug 5, 2025
Palantir Q2 Earnings: “Astonishing” AI Impact Drives Record Revenue — Is Its Sky-High Valuation Justified?
TradingKey - Palantir (PLTR), the AI and defense software powerhouse, delivered a standout second-quarter performance on Monday, August 4, reporting its first-ever $1 billion revenue quarter. Driven by what CEO Alex Karp called the “astonishing impact” of artificial intelligence, the company raised
International Business Machines Corp
ServiceNow Inc
Palantir Technologies Inc
TradingKey
Aug 5, 2025
24H|BWX Technologies Surges 11%; Palantir Jumps 5%; Figma Drops 3%; Hims & Hers Sinks 13%; Navitas Plunges 15%
BWX Technologies shares surged 11.3% in overnight trading after the nuclear components and services provider posted second-quarter results that beat Wall Street estimates and raised its full-year outlook, fueled by strong government operations performance and robust demand across its nuclear portfol...
Tiger News
Aug 5, 2025
Uzbekistan – China Business Forum (Investment and Green Industry Development) Held in Hong Kong
Leverage Hong Kong’s Super Connector Role to Deepen Economic and Trade Cooperations between Uzbekistanand Hong Kong, and Promote Green Industry DevelopmentPolitical and Business Leaders Attended and Gathered to Explore the Transparent and Dynamic Investment Environment and Opportunities in UzbekistanPhoto 1 – Uzbekistan – China Business Forum in Hong Kong (Investment and Green Industry Development) Group Photo(4 August 2025 - Hong Kong) The Uzbekistan – China Business Forum (Investment and Green Industry Development) was held today with over 150 participants from Hong Kong and Uzbekistan. The forum was supported by the Cabinet of Ministers of the Republic of Uzbekistan, the Commerce and Economic Development Bureau of HKSAR of the People's Republic of China, and China International Cultural Communication Center, and organized by the Center for Investment and Green Industry Development of the Republic of Uzbekistan in HKSAR of the People’s Republic of China. Mr. KHODJAEV Jamshid, the Deputy Prime Minister of the Republic of Uzbekistan led a delegation to Hong Kong, while Mr. Algernon YAU, the Secretary for Commerce and Economic Development of the HKSAR was invited to attend the event. This business forum is one of the key overseas investment promotion activities of the Republic of Uzbekistan, aimed at introducing its business-friendly environment and vast economic opportunities to the international market.Photo 2 – Speech by Mr. KHODJAEV Jamshid, Deputy Prime Minister of the Republic of UzbekistanMr. KHODJAEV Jamshid, the Deputy Prime Minister of the Republic of Uzbekistan stated that, “Uzbekistan and China have established a comprehensive strategic partnership. Over 5,000 foreign-invested enterprises have been established in the past two years, highlighting an attractive business environment in Uzbekistan. Uzbekistan has implemented ambitious reforms and achieved significant progress in economic development, including reductions in taxes and public-private partnership projects. Active projects span sectors including green energy, oil and gas, chemicals, pharmaceuticals, metallurgy, mining, textiles, food, construction, logistics, smart agriculture, artificial intelligence, and digitalization. The rich experience, investment potential, and capabilities of Hong Kong’s business community can make significant contributions to Uzbekistan’s promising future. We warmly invite investors to engage in key sectors including digital technology, agriculture, energy, and manufacturing, and to become active partners in Uzbekistan’s promising future.”Mr. Algernon Yau, the Secretary for Commerce and Economic Development of the HKSAR said, “With abundant natural resources and a large pool of labor force, Uzbekistan is the economic engine of Central Asia and one of the most populous and fast-growing economies in the region. In recent years, Uzbekistan has continuously deepened domestic reforms, providing vast market opportunities for foreign enterprises. In 2024, Uzbekistan became Hong Kong’s second-largest trading partner in Central Asia. As a regional hub in Central Asia, Uzbekistan can complement Hong Kong’s position as a connectivity hub in Asia. This synergy can achieve a mutually beneficial partnership. Looking ahead, Hong Kong will continue to deepen economic and trade cooperation with Uzbekistan, leveraging its international advantages to explore the Mainland China and global markets, thereby promoting the prosperity of both sides.”Mr. Long Yuxiang, the Executive Chairman of China International Cultural Communication Center stated that, “In recent years, under the precise guidance and dedication from the leaders of both countries, stronger mutual trust between China and Uzbekistan has been built and cooperation in various fields has flourished. We place great importance on cooperation with Uzbekistan in fields such as technology, culture, economy and trade, tourism, and green industry development. We hope that through this business forum, various sectors of Hong Kong will gain a better understanding of Uzbekistan, bringing more opportunities for cooperation between Hong Kong and Uzbekistan, and contribute to the sustained, healthy, and stable development of China-Uzbekistan relations.” The Uzbek economic and trade delegation includes Mr. RASULEV Mansurjan (the Director of the Investment Promotion Agency), Mr. YUSUPOV Ural (the Deputy Minister of Mining Industry and Geology), Mr. KURBANOV Akbar (the Deputy Chairman of the Management Board of "O‘zkimyosanoat" JSC), Mr. AZIZOV Abdulla (the Director of the Agency for the Development of the Pharmaceutical Industry), and Mr. TUYCHIBAEV Shokhrukh (the Chairman of the "O‘zbekzargarsanoat" Association). They introduced the country’s trade and investment environment and the vast opportunities, especially in green industry development. The presentations also covered economic reforms, legal and institutional protection, tax incentives, natural resources, and renewable energy potential in Uzbekistan. The speakers emphasized that through trade liberalization, streamlined business processes, and the establishment of special economic zones, Uzbekistan has created a foreign-investment-friendly environment, focusing on developing renewable energy, chemicals, pharmaceuticals, agriculture, retail, information and communication technology. These efforts actively promote sustainable development, providing excellent opportunities for Hong Kong businesses to participate in the Belt and Road Initiative and green economy cooperation. Photo 3 – Official Inauguration of the Center for Investment and Green Industry Development of the Republic of Uzbekistan in HKSAR of the People’s Republic of ChinaOn the same day, the Center for Investment and Green Industry Development of the Republic of Uzbekistan in HKSAR of the People’s Republic of China was officially inaugurated, marking a new milestone in cooperation between Uzbekistan and Hong Kong. Mr. Henry CHAN was appointed as the Director of the Center and was presented with the appointment letter by the Deputy Prime Minister of Uzbekistan Mr. KHODJAEV. Mr. CHAN delivered a speech in the forum, stating that, “The establishment of the Center builds a solid platform for investment, green technology, and industrial exchanges between Uzbekistan and Hong Kong. We will promote deep integration in sustainable development and will jointly explore the boundless possibilities of the green economy and facilitate investment exchanges and green industry development between the two regions.”ENDSThis press release is issued by DLK Advisory on behalf of the Center for Investment and Green Industry Development of the Republic of Uzbekistan in HKSAR of the People’s Republic of China.For further information, please contact:DLK Advisory Email: pr@dlkadvisory.comTel: +852 2857 710105/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
Aug 5, 2025
Trump: Good Day In The Stock Market, But There Will Be Many More Days Like This
Trump posted on his Truth social media:Good day in the Stock Market (Dow + 585.06, 1.34%,S&P 500 + 91.93, 1.47%, NASDAQ + 403.45, 1.95%), but there will be many more days like this. America is very rich again, and stronger than ever before. Thank you for your attention to this matter!
Tiger News
Aug 4, 2025
Post-Bell|Indexes Post Biggest Daily Pct Gains Since May 27; Nasdaq Rose 2%; S&P 500 And Dow Jones Up 1%
All three major U.S. stock indexes scored their biggest daily percentage increases since May 27 on Monday as investors sought bargains after the previous session's selloff and ramped up bets for a September interest rate cut after Friday's weaker-than-expected jobs data.Market SnapshotThe Dow Jones ...
Tiger News
Aug 4, 2025
Nvidia-Linked Shares Rally. APLD up 9%; Nano-X Imaging, Serve Robotics up 5%; Nebius up 4%
Nvidia-linked shares rallied in Monday trading. APLD up 9%; Nano-X Imaging, Serve Robotics rose 5%; Nebius up 4%; RXRX up 2%; CoreWeave rose 1%.
Tiger News
Aug 4, 2025
Quantum Computing Shares Rally. RGTI up 7%; ARQQ up 5%; QMCO, QUBT, IONQ up 3%
Quantum computing shares rallied in Monday trading. RGTI up 7%; ARQQ up 5%; QMCO, QUBT, IONQ up 3%; D-Wave Quantum up 2%; SEALSQ up 1%.
Tiger News
Aug 4, 2025
Space Stocks Jump. Viasat up 16%; Destiny Tech100 up 7%; Virgin Galactic up 3%
Space stocks jumped in Monday trading. Viasat up 16%; Destiny Tech100 up 7%; Virgin Galactic up 3%; Intuitive Machines rose 2%.Firefly Aerospace said last Monday that it plans to price its initial public offering between $35 and $39 per share, potentially valuing the commercial space technology comp...
Tiger News
Aug 4, 2025
Figma Shares Drop 22%, Easing After Blowout Market Debut Last Week
Shares of design software vendor Figma fell 22%, easing after a blowout market debut last week.Figma opened at $85 on Thursday under the ticker FIG, and shares closed at $115.50 for a 250% gain.On Friday, the stock traded above $120.Figma is the latest tech company to hit the public markets after a...
Tiger News
Aug 4, 2025
AI Shares Jump. BigBear.ai up 11%; Unity up 7%; Spotify, Cloudflare, SoundHound AI up 4%
AI application software shares jumped in Monday trading. BigBear.ai up 11%; Unity up 7%; Spotify, Cloudflare, SoundHound AI up 4%; Palantir up 3%; C3.ai up 2%.
Tiger News
Aug 4, 2025
Top Calls on Wall Street: Nvidia, Tesla, Apple, Berkshire Hathaway, Disney, DoorDash, Coinbase & More
Here are Monday’s biggest calls on Wall Street:Bank of America reiterates NVIDIA as buyThe firm said it sees a robust “beat/raise” when Nvidia reports earnings in late August.“Solid capex trends with n-t China boost.”Compass Point downgrades Coinbase Global, Inc. to sell from neutralCompass said...
Tiger News
Aug 4, 2025
Tesla Approves $29 Billion Stock Award for CEO Elon Musk, Shares Climb 2.4% Pre-Market
Tesla has approved the granting of 96 million shares to Elon Musk, valued at approximately $29 billion based on last Friday’s closing price of $302.63 per share. Tesla shares rose 2.4% in pre-market trading.
Tesla Inc
TradingKey
Aug 4, 2025
Pre-Bell | Nasdaq Futures Rise 0.8%; Tesla, Palantir Pop 2%; Spotify Jumps 5%; Blade Air Mobility up 31%; CommScope Soars 79%; ON Semiconductor Tumbles 5%
Stock futuresclimbed Monday as traders tried to claw back the steep losses seen in the previous session that were sparked by concerns over the economy and a new round of tariffs from the Trump administration.Market SnapshotAt 8:50 a.m. ET, S&P 500 futures and Nasdaq 100 futures moved up 0.6% and 0.8...
Tiger News
Aug 4, 2025
U.S. "Reciprocal Tariffs" Take Effect, Disney and AMD Set to Release Earnings Reports, Bank of England Poised to Cut Interest Rates【The week ahead】
TradingKey - Last week, all three major U.S. equity indexes posted losses, with the S&P 500 falling 2.4%, its worst weekly performance since May 23.
Caterpillar Inc
Walt Disney Co
McDonald's Corp
TradingKey
Aug 4, 2025
Meme Shares Jump; Opendoor up 15%; Faraday Future up 7%; Beyond Meat up 3%
Meme shares jumped in premarket trading on Monday. Opendoor rose 15%; Faraday Future rose 7%; Beyond Meat rose 3%; AMC, Reddit, and GameStop rose 1%.
Tiger News
Aug 4, 2025
Innoscience Rockets 70% After Securing Nvidia Supplier Role; Jefferies Projects $2.5 Billion Market
The stock rose 31% on August 1 and gained another 30.47% to reach HK$75.15 on August 4, marking a record high and a total two-day increase of 70%.
NVIDIA Corp
TradingKey
Aug 4, 2025
Swiss Stocks Erase Year's Gains in a Day After Trump's 39% Tariff Shock
TradingKey - The Swiss stock market faced a decline on Monday as investors reacted strongly to U.S. President Donald Trump's announcement over the weekend of a 39% tariff on Switzerland. The market index hit a low of 11,665 points during the day, almost erasing this year's gains.
TradingKey
Aug 4, 2025
Bitcoin Ends 5-Day Losing Streak — Crypto Stocks Surge in U.S. Pre-Market Trading
On Monday, August 4, Bitcoin (BTC) rebounded sharply, rising over $2,000 to $114,000, snapping a five-day losing streak that began on July 28.
Bitcoin
Coinbase Global Inc
Circle Internet Group Inc
Strategy Inc
TradingKey
Aug 4, 2025
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