/704x396/uploads/news_cover_image/teamwork-3213924_1280.jpeg)
Alibaba Raises HK$80 Billion for AI After Reporting Faster Cloud Growth and Heavier Spending
The company posted accelerating external cloud revenue and a twelfth straight quarter of triple-digit AI product growth, then announced a large equity placement dedicated entirely to full-stack AI capacity. The sequence highlights both the scale of demand and the permanent capital required to meet it.
Aug. 24, 2026
Nvidia Earnings, Core PCE, Jackson Hole, and Hormuz Risk | NextFin WeekAhead (Aug 24–28)
Can Nvidia validate the AI buildout while core PCE and Fed Chair Kevin Warsh test a bond market already strained by oil？Our base case keeps SPX between 7,550 and 7,800, with 4.80% on the 10Y and $90 WTI as the cross-asset risk triggers.
Aug. 24, 2026
SK Hynix Profit Jumps 557% as AI Memory Boom Reprices The Cycle
SK Hynix reported record second-quarter revenue of 79.3187 trillion won, operating profit of 60.5426 trillion won and net profit of 93.9226 trillion won, with operating profit up 557% from a year earlier. The market sold off anyway, with the ADR ending the latest U.S. session down 8.98% to $130.17, underscoring that investors are now debating how long AI-memory pricing power can last rather than whether the boom exists at all.
Jul. 28, 2026
Bitcoin Drops Below $65,000 as Korea Chip Rout and Crypto Bill Delay Hit Risk Appetite
Bitcoin slipped back below $65,000 on July 28, 2026, with CoinDesk data showing BTC at $63,335.62 after an overnight decline of about 2%. The move came as South Korean chip stocks sold off sharply and the Senate shelved the Crypto Clarity Act, reinforcing the view that Bitcoin is still trading as a high-beta risk asset tied to global liquidity and tech sentiment rather than as an isolated crypto story.
Jul. 28, 2026
Apple Kept Fake Bitcoin Wallet on App Store After $875,000 Theft Report, Lawsuit Alleges
Apple is facing a federal lawsuit in Northern California over allegations that a fake Sparrow Wallet app remained available on the App Store after users said it helped drain about $1.835 million in Bitcoin from three accounts. The complaint centers on one alleged $875,000 loss, the alleged use of seed phrases to transfer funds, and the broader question of whether Apple’s curated-store safety promise can withstand repeated scam reports.
Jul. 28, 2026
Dwelly’s $170 Million Raise Signals A New Real Estate Roll-Up Playbook
Dwelly’s reported $170 million raise would deepen a UK lettings roll-up strategy that pairs acquisitions with AI-driven operations. The company’s own site identifies its founders and backers, while the funding story points to a structural bet on consolidation in a fragmented market rather than a pure software play.
Jul. 28, 2026
US Tech Stocks Poised to Slide as Chip Selloff Deepens
Global chip weakness is threatening to spill into US tech after the Nasdaq slipped 0.2% on July 27 while Nvidia fell 5%, even as the Dow rose 0.5% and the S&P 500 ended fractionally higher. The move looks cyclical in the near term, but the deeper question is whether the market is starting to doubt the valuation premium behind the AI buildout.
Jul. 28, 2026
Chip Rout Meets Wildfire Bill as Markets Reprice Recurring Risk
Semiconductor shares sold off on July 28 as traders questioned whether the AI buildout can keep justifying premium valuations, while Spain and France continued to count wildfire damage that has already displaced hundreds of thousands of people and burned more than 150,000 hectares in Spain. The story is bigger than one market move or one fire season: it is a test of whether investors are still pricing shocks as temporary disruptions, or as longer-running changes in discount rates, insurance costs and public budgets.
Jul. 28, 2026
Chip Selloff Rattles FTSE 100 as Earnings Flood In
A chip-led selloff is rippling through UK equities as Barclays, GSK and Unilever all update investors on the same day. The move looks cyclical at first glance, but the deeper issue is whether the market is simply cooling an overcrowded AI trade or starting to demand harder proof that future chip demand can support current valuations.
Jul. 28, 2026
Chip Rout Deepens As Asia Reprices The AI Trade
Asian semiconductor shares tumbled again on July 28 as investors pulled back from the AI hardware trade, with South Korea’s Kospi down as much as 7.6%, SK Hynix off 11% and Samsung Electronics down more than 9%. A Bloomberg gauge of Asian semiconductor shares fell as much as 7.5%, while U.S. chip weakness, including a more than 2% drop in the VanEck Semiconductor ETF, reinforced the selloff. The market is now asking whether this is a routine correction or the start of a structural reset in how AI capex and chip valuations are priced.
Jul. 28, 2026
LOAD MORE
AsianFin Newsletters
Sign up for free newsletters and get more AsianFin delivered to your inbox
App Store
Android APK
Google Play