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Hong Kong-listed Kinsun Technology (09877.HK) surged over 4% in the afternoon after the company announced at midday that it expects its interim revenue to increase by 385% to 400% year-on-year.

2026-08-10

Hong Kong-listed Kinsun Technology (09877.HK) surged over 4% in the afternoon after the company announced at midday that it expects its interim revenue to increase by 385% to 400% year-on-year.

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2026-08-10

According to Axios, a senior U.S. official said the White House "doesn't care" about Netanyahu's statements regarding the Gaza plan and sees it as part of a political maneuver during Israel's election season. The White House understands Netanyahu's p

According to Axios, a senior U.S. official said the White House "doesn't care" about Netanyahu's statements regarding the Gaza plan and sees it as part of a political maneuver during Israel's election season. The White House understands Netanyahu's political needs, and the U.S. will have no objection if he continues to do what the U.S. asks—especially regarding limiting attacks on Gaza.
2026-08-10

The high investment-grade credit spreads for AI hyperscalers and the persistently high levels of Oracle's five-year CDS indicate that bond investors remain concerned about the marginal changes in free cash flow, buyback capacity, and balance sheets f

The high investment-grade credit spreads for AI hyperscalers and the persistently high levels of Oracle's five-year CDS indicate that bond investors remain concerned about the marginal changes in free cash flow, buyback capacity, and balance sheets following large tech companies' continued expansion of AI capital expenditures. This creates a clear cross-asset divergence: equity funds are still chasing AI profit stories, while the credit market has already begun to repric AI capital expenditures. Bank of America investment strategist Hartnett even believes that only a strong recovery in large tech stocks can suppress concerns that "domestic computing power may prematurely weaken the AI capital expenditure cycle." Therefore, going forward, observing AI should not only focus on the Nasdaq or chip stocks, but also on whether credit spreads for tech companies continue to widen. If stocks rise while credit continues to deteriorate, it indicates that there is still no consensus between equities and bonds regarding the returns on AI.
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