KGWV · U.S. MARKET INTELLIGENCE
Apple has trained a large language model specifically for the Chinese market, according to media reports citing people familiar with the matter, in a significant shift in its China strategy. Apple’s AI features in China had previously relied mainly on third-pa…
Goldman Sachs said in a recent research report that Sandisk’s investor day delivered stronger-than-expected signals on the company’s long-term earnings potential and shareholder returns. The bank also said high-bandwidth flash, or HBF, technology could create…
Michael Burry, the investor known for accurately predicting the 2008 subprime mortgage crisis, has further increased his short position against Nvidia. In a Substack post, Burry disclosed that, as of Aug. 11, he was expanding his bearish position in the chip g…
According to regulatory filings, SK Hynix recognized a 3.98 trillion won loss in derivative transactions related to exchangeable bonds issued in April 2023 during the first half of 2026. The loss resulted from bondholders exercising their exchange rights and a…
All major asset classes recorded net inflows in the week ended Aug. 12, with money-market funds and bond funds attracting the most, Bank of America said. Citing EPFR Global data, Bank of America said money-market funds attracted $25.4 billion in inflows during…
Trustar Capital, an affiliate of CITIC Capital, has reportedly been identified as the buyer of Alibaba’s Lingxi Interactive Entertainment. The sale price is expected to exceed 1.5 billion, equivalent to approximately 10.1 billion yuan, according to 21st Centur…
According to regulatory filings, SK hynix recognized a 3.98 trillion won loss on derivatives related to exchangeable bonds issued in April 2023 during the first half of 2026. The loss resulted from bondholders exercising their exchange rights and a rise in SK…
Wall Street is debating how Elon Musk could gain up to $824 billion in wealth through a merger between Tesla and SpaceX. The latest episode of the podcast TBPN said Musk could receive as many as 423 million Tesla shares in up to 12 installments under a compens…
Bank of America raised its forecast for the global server CPU market on Thursday, saying the rise of AI agents is expanding the addressable market for data-center central processing units. Against the backdrop of second-quarter U.S. equity earnings and strong…
Nvidia announced early Aug. 14, Beijing time, that its Spectrum-X Ethernet Photonics switch system has entered full production. The system reduces the number of lasers by fourfold, cuts power consumption fivefold and increases mean time between failures (MTBI)…