Bernstein raises AMD's target price from $600 to $650

Hong Kong stocks closed, with the Hang Seng Index rising 0.24% and the Tech Index up 0.97%. Gold and semiconductor stocks stood out. MINIMAX-W (00100.HK) rose around 10%, Luoyang Molybdenum (03993.HK) gained about 9%, and Hua Hong Hongli (01347.HK) increased roughly 5%.

According to market data from BIT (Bit.com), SpaceX's US stock fell 7% in pre-market trading.

According to official announcements, Reality, Bitget’s licensed real-world asset (RWA) issuance platform, has announced a deepened partnership with U.S. audit firm The Network Firm. Under the upgraded collaboration, The Network Firm will deliver daily Proof of Reserves (PoR) audit reports for U.S. stock rTokens issued by Reality, adhering to attestation standards set by the American Institute of Certified Public Accountants (AICPA). The audits are designed to confirm that every issued rToken matches the corresponding stock or ETF asset held in the custody account. The underlying stocks and ETFs remain custodied by Alpaca Securities LLC, a U.S. broker-dealer registered with FINRA and protected by SIPC, establishing a transparent, tripartite independent framework for issuance, verification, and custody. Reality’s U.S. stock rTokens now support 634 tokenized stocks and ETFs, and are deeply integrated into the Bitget ecosystem, usable in core scenarios including unified account margin, staking, and lending. Prior data indicates that the assets under management (AUM) of Bitget’s stock rTokens surpassed $100 million within one month of launch.

According to announcements from Iranian authorities and the Islamic Revolutionary Guard Corps (IRGC) on August 5, a source revealed that the primary reason Iran and Oman have failed to reach an agreement on the Strait of Hormuz is US intervention and threats from US President Donald Trump. It is understood that as long as the US continues to interfere and issue military threats against Iran, the relevant agreement will not be reached.

Data from prediction market platform Predict.fun shows that Predict has launched a prediction market for the question: "Will the SSE Composite Index rise or fall on August 6, 2026?" As of press time, the market assigns a 50% probability to the SSE Composite Index closing higher. Notably, expectations between bullish and bearish participants are nearly balanced, indicating that there remains substantial market divergence.

CryptoRank released a report analyzing 1,539 tokens that once ranked in the top 100 of the cryptocurrency market by capitalization, finding that 71.9% of them have been classified as "operationally dead". The study defines a "dead" token as one that has been delisted from major trading platforms and recorded daily trading volumes below $10,000 for over 90 consecutive days. Data indicates that roughly 62% of top 100 tokens become inactive within five years, with their mortality rate projected to hit 84.7% after a decade, while the median lifespan of such tokens is just 2 years and 4 months.