Odaily News: Before the US stock market opens, the key market financial news investors need to watch is as follows:

1. The three major US stock index futures are rising moderately. Dow Jones futures rose 0.30%, S&P 500 futures rose 0.19%, and Nasdaq 100 futures rose 0.03%.

2. International oil prices fell collectively. WTI crude oil futures fell 2.41% to $81.260 per barrel; Brent crude oil futures fell 2.14% to $87.078 per barrel.

3. International spot gold and silver edged lower. Spot gold fell 0.34% to $4,393.44 per ounce; spot silver fell 0.37% to $65.06 per ounce.

4. Europe's three major indices were mixed. The UK FTSE 100 fell 0.38%, France's CAC40 rose 0.11%, and Germany's DAX30 rose 0.34%.

5. AI chip company Cerebras plunged 16% premarket. The company reported second fiscal quarter revenue of $180.1 million, missing market expectations. The company raised its full-year revenue guidance to up to $890 million.

6. Coherent, a leading US optical communications company, stated that customer orders are already booked through calendar year 2028, with extremely high demand visibility. The company targets quarterly revenue exceeding $3 billion by the end of fiscal year 2027.

7. Apple is reportedly in talks with multiple publishers on multi-year content licensing agreements to provide the AI-powered Siri with the latest news and information. The licensing budget could reach several hundred million dollars.

8. Multiple Anthropic investors stated that Anthropic is expected to go public in October, with a valuation potentially reaching $2 trillion or higher. If the forecast proves accurate, this staggering valuation would surpass SpaceX and become the largest IPO in history.

9. Bank of America raised its 2030 total addressable market (TAM) forecast for server CPUs to over $210 billion. The bank noted that the CPU-to-GPU ratio will eventually approach 1:1 in the agentic AI era.

10. Citi raised its full-year earnings forecast for S&P 500 constituents while maintaining its year-end target of 8,100 points.

Odaily News: Iran's Foreign Minister Araghchi stated that "the U.S. has long misjudged due to intelligence failures," citing the war against Iran as a "typical example," and that the U.S. now faces an even "greater misjudgment" regarding the Strait of Hormuz. He also cautioned that Washington should "beware of false intelligence." (CCTV International News)

Odaily News: Market pricing indicates an increased bet that the Federal Reserve will hold interest rates steady in September. The probability of the Fed maintaining rates in the 3.50%-3.75% range in September is approximately 65%, up from about 60% before the PPI report was released.

Odaily News: After hovering near historic lows, initial jobless claims in the US rose last week. Data released by the US Department of Labor on Thursday showed that initial claims for the week ending August 8 increased by 9,000 to 209,000, compared to a median economist estimate of 202,000. The rise in claims may reflect typical summer volatility—a period when seasonal employment patterns and holiday schedules often impact the data. Economists will wait for several more weeks of data before reassessing the stability of the recent labor market. (Jinshi)

Odaily News: Fed's Hammack stated that raising interest rates may bring pain, but economic growth and investment cannot be allowed to accelerate so rapidly that the economy overheats. Inflation is widespread, not limited to specific sectors. To manage inflation effectively, a range of data must be monitored. (Jin10)

Odaily News: Federal Reserve's Barkin stated that whether the Fed needs to raise interest rates to restore the 2% inflation target, or whether inflation is already on a downward path, remains an open question. Certain aspects of the U.S. economy remain a puzzle, as consumers and overall economic activity have not been impacted by the shocks. (Jinshi)

Odaily News: Fed's Hammack reiterates that rate hikes are necessary now, with the labor market remaining stable. (Jin Shi)

Odaily News: AI security startup Corma announced the completion of a $60 million seed funding round, led by Sequoia Capital, with participation from Khosla Ventures and Coatue.

Currently, the code generation and software reasoning capabilities of general-purpose large model providers such as OpenAI, Anthropic, and Google can be directly converted into offensive cybersecurity capabilities. Corma is developing an AI security "digital workforce" system for enterprise security teams. Its AI agents can continuously learn within enterprise environments and cover multiple defense scenarios including threat detection, response, and security operations. The new funding will be used to build its AI defense system specifically designed for cybersecurity, empowering defenders with the same speed, complexity, and generalization capabilities as AI attackers. (FintechGlobal)

Odaily News: U.S. July PPI year-on-year rate 4.7%, expected 4.9%, previous value 5.50%. U.S. July PPI month-on-month rate 0%, expected 0.20%, previous value revised from -0.30% to -0.1%. (Jin10)

Odaily News: U.S. initial jobless claims for the week ending August 8 totaled 209,000, against an expected 202,000, with the prior week's figure revised up to 200,000 from 199,000. (Jin10)

Odaily Odaily News: UOB analyst Alvin Liew elaborated on expectations for the federal funds rate following the release of July U.S. CPI data. Market pricing for a September rate hike has declined, and UOB's base case is an extended pause through the entirety of 2026. The bank anticipates two 25-basis-point rate cuts in 2027, gradually bringing the federal funds rate down to approximately 3.25% by the end of 2027: "We maintain our base case that the Fed will remain on hold for the remainder of 2026 before resuming its easing cycle in 2027, potentially cutting rates by 25 basis points at the end of Q2 and Q4 2027.

Under this scenario, the target range for the federal funds rate is expected to remain unchanged through the end of 2026 before gradually declining to 3.25% by the end of 2027, which remains our estimate for the terminal federal funds rate. While risks to our FOMC outlook have become more balanced following the June and July CPI reports, risks remain slightly tilted to the upside due to geopolitical and energy-related uncertainties, so we remain vigilant about risks that policy tightening cannot be overlooked." (Jin Shi)

Odaily News - A study published at USENIX Security '26 reveals that researchers identified 65,340 high-risk cryptocurrency addresses involved in abuse on Ethereum and BNB Chain, with associated native token losses reaching 126,982.94 ETH and 17,726.7 BNB. The study estimates that total losses linked to these addresses exceed $574.8 million, of which two newly described active attack vectors directly caused approximately $15.7 million in losses (2.7% of the total). The first category involves contract account misuse and exploitation of deterministic contract addresses; the second leverages EIP-7702 to delegate accounts with exposed keys to malicious code that directly transfers deposits. The research team extracted over 16.3 million unique private keys by mining 63,004 GitHub repositories from January 2015 to May 2025, achieving an overall accuracy rate of 99.11% in detection results. (Cryptoslate)

Odaily News: A spokesperson for Iran's Joint Military Command stated, "Without approval, no vessel can safely pass through the Strait of Hormuz. Any vessel transiting the Strait of Hormuz must obtain permission from Iran, which has full control over the Strait of Hormuz. The Iranian military is monitoring U.S. movements in the region.

Trump's claims about controlling the strait are a lie, merely a manifestation of his military's helplessness. The U.S. military has long since fully experienced the strength and resolve of the Iranian nation, both in the past and present. The U.S. continues to seek mischief and foment instability in the region, and its baseless threats only appear more futile and powerless in the face of the unprecedented comprehensive readiness of Islamic hero warriors within the armed forces. The Iranian armed forces will not hesitate in defending national rights, national sovereignty, the ideals of the Islamic Revolution, and our beloved country, and will respond to any type or level of threat with heavier and more forceful retaliation than ever before." (Jin Shi)

Odaily Planet Daily News Bit Digital has released its financial results report for the second quarter of 2026. The data shows that the company purchased 8,568 ETH for $20 million in Q2, at an average cost of approximately $2,334.25 per ETH, with no ETH sold during the quarter. As of the end of Q2, Bit Digital held approximately 164,310.5 ETH, valued at roughly $258 million at that day's prices. Of this, 75,757.5 ETH were held directly, with a fair value of approximately $118.9 million; 73,235 ETH were allocated to liquid staking, yielding 66,192 LsETH; 49,000 LsETH were used for collateralized financing, corresponding to asset-backed receivables of approximately $105.6 million; and the remaining 17,192 LsETH were held as margin buffer assets. (Prnewswire)