WTI crude oil futures trade above $90 per barrel.

Morgan Stanley said it has cut Alphabet (GOOG.O)’s price target from $415 to $400, lowered Tesla (TSLA.O)’s price target from $417 to $400, and raised Apple (AAPL.O)’s price target from $360 to $364.

Barclays raises Alphabet (GOOG.O) price target to $425 from $405.

The European Commission announced that Google (GOOG.O) has been fined a total of €890 million for violating EU rules. Google has 60 days to treat competitors fairly and allow app developers to direct users away from its app store. Google has made significant progress in complying with EU rules, and negotiations will continue. In response, Google said it may challenge the EU's penalty decision in court.

Tesla still projects full-year capital expenditure to exceed $25 billion, while market estimates stand at $25.09 billion.

Four sources said Amazon (AMZN.O) founder and CEO Jeff Bezos has urged Prime Video chief Mike Hopkins to overhaul the streaming service, putting artificial intelligence at its core. The internal project, codenamed "Lighthouse", will showcase Amazon’s AI capabilities to over 200 million Prime Video consumers. Sources noted that "Lighthouse" is seen as one of Amazon’s key initiatives to boost its standing in the AI space. Additionally, other AI projects—such as years of upgrades to the Alexa voice assistant to deliver more natural conversational responses—have yielded mixed results and remain unprofitable to date. Click the original link below to join the Dongcha Beating · Feishu AI News channel, which monitors global AI hotspots and news 24/7.

BitMEX announced it will officially shut down its trading platform at 04:00 UTC on September 23, 2026. Effective immediately, the platform has suspended all new user registrations. Following a strategic review of its business and the broader cryptocurrency industry, the board of BitMEX’s parent company HDR Global Trading Limited has decided to close the trading platform. BitMEX strongly advises all users to close their positions and withdraw funds as soon as possible. The platform will continue normal operations until the shutdown time, but starting at 04:00 UTC on August 26, 2026, it will implement risk restrictions: users will no longer be able to open new positions, only reduce existing ones. After that, BitMEX will gradually liquidate existing positions to ensure an orderly market exit; any positions not closed by the shutdown time will be forcibly liquidated immediately. The platform states it will not be liable for trading losses incurred due to users’ failure to close positions timely. Additionally, illiquid contracts will be settled in advance, with relevant users notified per standard practice. Post-shutdown, BitMEX will cease all trading services, retaining only asset custody functions. Users can still log in to view wallet balances and historical transaction records, and continue to withdraw assets. All BMEX staking has been unlocked, with related tokens returned to user accounts. For KYC-compliant users who have not withdrawn funds by the shutdown time, BitMEX will begin charging an account maintenance fee: the monthly fee will be the higher of $50 or a 1% annualized rate. If users continue to fail to withdraw funds long-term, the platform may further increase fees in the future, with advance notice provided.