📡 Top-of-hour News | 05:00-06:00
1. Bitcoin first broke above the 200-day moving average since November 2025, briefly nearing $73,000 during the day. Standard Chartered expects it to reach $100,000 by year-end.
2. The U.S. Treasury will raise the limit on long-term Treasury repurchases from $2.0 billion to $4.0 billion. The change takes effect on September 9, and the 30-year yield rose to 5.25%.
3. The FDA approved C2N Diagnostics’ PrecivityAD2 blood test for diagnosing Alzheimer’s disease in patients aged 40 and above.
4. Abbott agreed to pay $670 million to settle lawsuits related to infant formula.
5. SK hynix announced a buyback of 40 trillion won in shares and their cancellation. The stock surged 12.73%, setting a record for the largest share buyback cancellation in South Korea.
6. The U.S. Department of Homeland Security updated Nevada’s voter rolls for non-citizens, reducing the figure from nearly 16,000 to 185 people.
7. Pop Mart reported H1 revenue of 17.17 billion yuan, up 23.8% year over year, but below market expectations.
8. Walmart released its latest earnings report: in the U.S., same-store sales growth hit the lowest level in six years, and the stock dropped by about 9%.
1. Bitcoin first broke above the 200-day moving average since November 2025, briefly nearing $73,000 during the day. Standard Chartered expects it to reach $100,000 by year-end.
2. The U.S. Treasury will raise the limit on long-term Treasury repurchases from $2.0 billion to $4.0 billion. The change takes effect on September 9, and the 30-year yield rose to 5.25%.
3. The FDA approved C2N Diagnostics’ PrecivityAD2 blood test for diagnosing Alzheimer’s disease in patients aged 40 and above.
4. Abbott agreed to pay $670 million to settle lawsuits related to infant formula.
5. SK hynix announced a buyback of 40 trillion won in shares and their cancellation. The stock surged 12.73%, setting a record for the largest share buyback cancellation in South Korea.
6. The U.S. Department of Homeland Security updated Nevada’s voter rolls for non-citizens, reducing the figure from nearly 16,000 to 185 people.
7. Pop Mart reported H1 revenue of 17.17 billion yuan, up 23.8% year over year, but below market expectations.
8. Walmart released its latest earnings report: in the U.S., same-store sales growth hit the lowest level in six years, and the stock dropped by about 9%.