Samsung Electronics' gain expanded to 7%, while SK Hynix rose 3.2%.

Samsung Electronics said on Thursday that demand for artificial intelligence (AI) chips remains strong, which may exacerbate supply shortages next year—contrary to investor concerns that major tech companies' massive AI spending could slow and curb growth. Samsung's stock rose 8% after its earnings call, while SK Hynix's stock rebounded 3%. In a statement, Samsung noted: "We expect demand in the server sector to stay strong through the second quarter of 2026, driven by continued investment in AI infrastructure and broader adoption of agent AI." (Jinshi)

Changxin Technology opened at 52.20 yuan today, then quickly surged to 53.89 yuan, up 3.24% from its opening price. Meanwhile, CXMT contracts on Hyperliquid hit a high of $7.646, with a maximum increase of 6.10% within the first minute of trading; as of press time, CXMT has fallen back to $7.2962. According to Hyperinsight monitoring, just 34 seconds after the opening, a whale address starting with 0xf91 was subject to two consecutive forced liquidations, with a total of 246,900 CXMT short positions fully liquidated. The average liquidation price was approximately $7.52, with a total liquidation volume of around $1.858 million, resulting in a loss of about $95,400. The whale initiated a TWAP sell order lasting roughly 10 hours last night, planning to short 250,000 CXMT contracts. By around 9 a.m. today, the whale had almost completed building its short positions, with an average entry cost of roughly $7.138. The same address had gone long on 150,000 CXMT contracts the day before. After closing its long positions, it flipped to short following Changxin Technology's sharp rise on its third trading day, with only one night between switching to short and being liquidated.

Following the Federal Reserve’s interest rate decision, Fed Chair Waller’s post-meeting press conference failed to clearly outline future policy paths, sparking Wall Street’s doubts about his inflation-fighting stance. JPMorgan Chase subsequently sharply brought forward its forecast for the Fed’s first interest rate hike from the second half of 2027 to December 2026, arguing that Waller failed to clarify how he would deliver on the inflation-fighting commitments he had emphasized. Multiple institutions believe that the three dissenting votes in favor of raising interest rates at this FOMC meeting carry more significant signaling value than the decision to hold rates steady itself. Bob Michele, chief investment officer at JPMorgan Asset Management, noted this signals the Fed is gradually shifting to a more restrictive policy stance; Jim Bianco, president of Bianco Research, pointed out that against the backdrop of Waller downplaying forward guidance, the dissenting votes better reflect the true internal leanings of the FOMC, and the September meeting may become a key turning point for policy shifts.

U.S. President Donald Trump said Federal Reserve Chair Kevin Warsh "wants to see lower interest rates" but was constrained by a "politicized committee" and thus failed to push for rate cuts. This week’s FOMC meeting voted 9 to 3 to hold interest rates steady, with three members publicly backing a 25 basis point rate hike. This marks the first time since 2016 that three dissenting votes aligned in the same direction, and a rare large-scale internal policy rift in the early tenure of a new Fed chair in nearly 50 years. Warsh reiterated after the meeting that if inflation remains elevated and the labor market stays robust, a rate hike could still be a future policy option, adding that the Federal Reserve will not adjust its policies based on market expectations. Markets currently widely view the September meeting as a key window to watch whether the Fed will resume rate hikes.

Samsung Electronics stated that it is not currently considering issuing American Depositary Receipts (ADRs), but remains open to the possibility of issuing ADRs over the medium and long term.

Robinhood (HOOD) has released its Q2 2026 financial results. The data shows the company’s Q2 revenue reached $1.31 billion, exceeding the market expectation of $1.28 billion; earnings per share (EPS) stood at $0.62, higher than the expected $0.43; net profit was $573 million, also above the market forecast of $390 million. Additionally, as of the end of Q2, Robinhood’s total platform assets hit $369 billion, up 32% year-over-year; the number of paid Gold subscription users rose to 4.8 million, a 39% year-over-year increase; average revenue per user (ARPU) reached $187, growing 24% year-over-year. Overall, the company’s performance exceeded market expectations across the board. Robinhood’s stock fell 1% in U.S. after-hours trading.