đĄ On-the-Hour Update | 16:00-17:00
1. U.S. Treasury Secretary Bessent said he is prepared to further increase repo activity after expanding the government bond repurchase program by a factor of two, aiming to drive down long-term Treasury yields, but did not disclose the specific scale or timeline.
2. Vertiv Holdings saw its market value evaporate by about $12.3 billion over the week ending August 21, 2026, a decline of roughly 12%. The drop was attributed to a surge in U.S. Treasury yields that hit AI infrastructure stocks, as traders await Nvidiaâs earnings report on August 26.
3. The development team of the decentralized fixed-rate lending protocol Term Finance, Term Labs, said it has identified a governance-vulnerability attack affecting Term Vaults. According to CertiK, the attack caused losses of approximately $8.5 million.
4. Japanâs Ministry of Finance plans to allocate „36.6 trillion in the FY2027 budget for repayment of principal and interest on government bonds, setting a record high. This is an increase of „5.3 trillion over the initial budget for FY2026, due to an assumed rise in interest rates from 3.0% to 3.8%.
5. The Iranian government has issued a warning to neighboring countries, urging them not to join U.S. sanctions actions against Iran. It also emphasized that the Strait of Hormuz will remain closed, further heightening regional tensions.
6. Chris Lehane, a senior executive at OpenAI, told The Guardian that as advanced AI model capabilities improve, people should be prepared to defend against the âpersistent, enduringâ cyberattacks originating from AI, and called for new security standards.
7. Bloomberg reported that due to ongoing DRAM shortages from suppliers such as Samsung, SK hynix, and Micron, the price of Nvidia servers equipped with the Vera Rubin and Grace Blackwell chips is expected to rise by about 15%.
8. Alibaba announced plans to raise $10.2 billion through a share placement, as its latest AI model, Qwen 3.8-Max, has garnered strong market enthusiasm. The move reflects Chinese tech companies accelerating their AI investments.
1. U.S. Treasury Secretary Bessent said he is prepared to further increase repo activity after expanding the government bond repurchase program by a factor of two, aiming to drive down long-term Treasury yields, but did not disclose the specific scale or timeline.
2. Vertiv Holdings saw its market value evaporate by about $12.3 billion over the week ending August 21, 2026, a decline of roughly 12%. The drop was attributed to a surge in U.S. Treasury yields that hit AI infrastructure stocks, as traders await Nvidiaâs earnings report on August 26.
3. The development team of the decentralized fixed-rate lending protocol Term Finance, Term Labs, said it has identified a governance-vulnerability attack affecting Term Vaults. According to CertiK, the attack caused losses of approximately $8.5 million.
4. Japanâs Ministry of Finance plans to allocate „36.6 trillion in the FY2027 budget for repayment of principal and interest on government bonds, setting a record high. This is an increase of „5.3 trillion over the initial budget for FY2026, due to an assumed rise in interest rates from 3.0% to 3.8%.
5. The Iranian government has issued a warning to neighboring countries, urging them not to join U.S. sanctions actions against Iran. It also emphasized that the Strait of Hormuz will remain closed, further heightening regional tensions.
6. Chris Lehane, a senior executive at OpenAI, told The Guardian that as advanced AI model capabilities improve, people should be prepared to defend against the âpersistent, enduringâ cyberattacks originating from AI, and called for new security standards.
7. Bloomberg reported that due to ongoing DRAM shortages from suppliers such as Samsung, SK hynix, and Micron, the price of Nvidia servers equipped with the Vera Rubin and Grace Blackwell chips is expected to rise by about 15%.
8. Alibaba announced plans to raise $10.2 billion through a share placement, as its latest AI model, Qwen 3.8-Max, has garnered strong market enthusiasm. The move reflects Chinese tech companies accelerating their AI investments.