Odaily News: Key market updates investors need to watch before the U.S. stock market opens are as follows:

1. The U.S. Treasury announced an expansion of its long-term nominal Treasury buyback program, which drove yields on 10-year and 30-year U.S. Treasuries significantly lower.

2. Futures on the three major U.S. stock indices ticked higher in premarket trading. Dow Jones futures rose 0.52%, S&P 500 futures gained 0.41%, and Nasdaq 100 futures advanced 0.38%.

3. International oil prices dipped sharply. WTI crude futures fell 0.05% to $84.017 per barrel, while Brent crude futures dropped 0.04% to $90.982 per barrel.

4. International spot gold and silver prices surged. Spot gold rose 1.94% to $4,418.46 per ounce, while spot silver gained 2.65% to $64.98 per ounce.

5. Europe's three major stock indices moved broadly higher. The UK's FTSE 100 rose 0.18%, France's CAC 40 gained 0.29%, and Germany's DAX 30 advanced 0.16%.

6. Marvell Technology reached a collaboration agreement with Google covering AI, storage, and networking chips. The company also issued Google warrants to purchase up to 59 million shares, with an exercise price set at $206.58 per share.

7. SK Hynix plans to buy back and cancel 40 trillion Korean won (approximately $28.6 billion) worth of treasury shares, with the buyback program set to begin on August 20 and last approximately three months. S&P upgraded its rating to "A-" with a "positive" outlook.

8. Biotechnology company Moderna surged 100% in premarket trading, while Merck rose 7%. On the news front, the melanoma skin cancer vaccine being co-developed by the two companies met its primary goals in a large-scale trial.

9. AI chip company Cerebras unveiled its new rack-mounted AI system, the CS-4. The company claims that in single-user scenarios, the system can generate tokens per second at up to 30 times the rate of traditional GPU servers.

10. AI compute rental provider Nebius plans to issue $4.5 billion in convertible senior notes, with proceeds earmarked for building data centers and developing AI cloud services. Nebius fell nearly 6% in premarket trading.

11. Morgan Stanley's latest forecast indicates that prices for mature DRAM products such as DDR4 will rise by 50% in Q3 2026, followed by an additional 10% increase in Q4.

12. Goldman Sachs projects that the space economy will reach $1.8 trillion by 2035, with private capital set to replace government funding as the industry's biggest growth engine by then.

Odaily News, according to Gate data, the US Dollar Index (DXY) fell more than 0.50% during the day, now at 99.15. The EUR/USD pair extended its daily gain to 0.50%, now at 1.1632.

Odaily News - Artificial intelligence pioneer Fei-Fei Li stated that the tech industry needs to better communicate the value AI brings to the public, and warned that the growing anti-AI sentiment in the United States could pose risks to global AI development.

In an interview with Bloomberg, Fei-Fei Li said that tech professionals need to strengthen communication with the public and demonstrate the positive impact AI technology can deliver. She noted, "If we don't show a positive attitude and a positive direction of development, everyone will be affected." She added that the U.S. holds significant influence in the global tech sector, and if it fails to exhibit "a positive AI attitude and development path," the entire world will ultimately be impacted.

As a leading researcher in computer vision, Fei-Fei Li has in recent years continuously pushed AI technology from the lab toward real-world applications. Her AI startup, World Labs, is dedicated to developing spatial intelligence technology, exploring AI's ability to understand and interact with the physical world.

Fei-Fei Li believes the current challenges facing the AI industry extend beyond technical hurdles to include social acceptance, public trust, and regulatory environments. With the rapid proliferation of generative AI, concerns over employment impact, data privacy, and security risks have intensified, and the backlash against AI development in American society is growing. She emphasized that the AI industry needs to take a more proactive approach in explaining how the technology improves healthcare, scientific research, and production efficiency, rather than focusing solely on technological competition itself.

In recent years, major global tech companies have continued to increase AI investment, driving advances in large models, AI infrastructure, and intelligent agents. At the same time, however, issues such as AI regulation, job displacement, and social impact have also become focal points for policymakers and the public. (Bloomberg)

Odaily News Private credit firm Eagle Point Credit Management LLC is providing approximately $1.3 billion in financing for a large-scale AI data center in Texas linked to Anthropic, marking yet another major deal in the surging wave of AI infrastructure investment.

The debt financing is part of a roughly $16 billion project financing package for data center developer Nexus Data Centers. Sources familiar with the matter revealed that Nexus plans to use the funds to complete construction of its data center campus in Hubbard, Texas, spanning approximately 2,900 acres. The project will include dedicated on-site natural gas power generation facilities to meet the massive computing demands of AI workloads. Anthropic will serve as the anchor tenant of the data center, providing computing infrastructure for its AI model training and inference operations.

According to reports, Eagle Point began working on the loan arrangement for this project around September of last year. The $1.3 billion private credit facility demonstrates that as demand for AI model training and inference grows rapidly, infrastructure such as data centers and power facilities is attracting increasing inflows of large-scale capital.

In recent years, investment across the AI value chain has expanded from chip and model companies into the computing infrastructure sector. Hyperscale data center construction requires tens of billions of dollars in capital, and private credit is emerging as a vital channel for tech companies and infrastructure developers to secure long-term funding. (Bloomberg)

Odaily News: According to MSX.COM data, all three major U.S. stock index futures have turned higher. As of now, Dow Jones futures are up 0.42%, S&P 500 futures are up 0.26%, and Nasdaq 100 futures are up 0.25%.

Odaily News: According to latest Gate market data, multiple tokens in the Gate gStocks stock token sector have shown impressive 24-hour performance. The top three gainers are: Direxion 3x Inverse Semiconductor ETF (SOXSG/USDT), up 12.10% in 24 hours; AbbVie (ABBVG/USDT), up 3.66% in 24 hours; and Eli Lilly (LLYG/USDT), up 3.36% in 24 hours.

Gate gStocks supports 7×24-hour trading, unified account management, and low-barrier participation, allowing users to invest in global stocks. Going forward, Gate gStocks will continue to expand its offerings with more high-quality stocks and ETFs.

Odaily News: The U.S. Treasury Department announced that it will at least double the size of its liquidity support buyback operations for long-dated nominal coupon securities, covering two maturity segments: 10- to 20-year and 20- to 30-year bonds. Currently, the maximum size of each operation is $2 billion; going forward, the size of each operation will be increased to at least $4 billion. The adjustment will take effect on September 9, 2026, and will be implemented for the remainder of the current refinancing quarter (through November 4, 2026).

The Treasury Department will provide more information on future buyback sizes at its next quarterly refinancing meeting, scheduled for November 4, 2026. The expansion of buyback operations reflects the Treasury's desire to provide stronger liquidity support to the long-dated nominal Treasury market. The Treasury will release the updated temporary Treasury buyback schedule at a later date. (Jin 10)

According to data from SEIBro, operated by the Korea Securities Depository (KSD), as of August 18, the A-share stock with the highest purchase amount by Korean investors over the past month is a mysterious stock. During this period, Korean investors made net purchases of this stock totaling $45.3223 million (approximately RMB 307.53 million). Extending the timeframe to the past three months, this stock still ranks first among A-shares in terms of net purchases by Korean investors. When Korean securities firms trade this security as Qualified Foreign Institutional Investors (QFII), they must submit settlement instructions to KSD, which require the use of ISIN codes.

As a result, the relevant Korean securities firms have temporarily opted to use provisional virtual codes, and the name of the security is displayed based on the virtual ISIN. A search of SEIBro reveals that, as of July 28, ChangXin Technology had already appeared among the stocks with the highest net purchase amounts by Korean investors in the previous week. As of July 27, ChangXin Technology had not yet appeared on the list of the top 50 A-shares by net purchase amount among Korean investors in the prior week (it is also possible that Korean investors had already purchased it, but ChangXin Technology had not entered the top 50 A-share rankings by net purchase amount). This indicates that no later than July 28, the day after ChangXin Technology's listing, Korean investors had already begun buying the stock. (China Fund News)

Odaily News Bitcoin reserve company Strategy released its latest investor briefing, disclosing that as of August 9, the company holds 840,447 bitcoins, accounting for approximately 4% of the total Bitcoin supply. The company stated that its core strategy is not just holding Bitcoin, but also building a "Digital Credit" platform through capital markets to enhance Bitcoin holdings per share.

As of August 10, Strategy's stock (MSTR) had a market capitalization of approximately $38.368 billion, corresponding to a 1.06x mNAV (market cap/net Bitcoin value per share). The company noted that MSTR is not a Bitcoin ETF; common shareholders do not directly own the Bitcoin held by the company, but rather are residual interest holders positioned after debt and preferred stock.

Strategy stated that the goal of its "Digital Credit" strategy is to issue digital credit products equivalent to 10%-20% of its Bitcoin reserve annually, when market conditions permit, with an expected scale of approximately $5.4 billion to $10.8 billion. The company said that if the long-term yield on Bitcoin exceeds financing costs, this model could increase common shareholders' Bitcoin exposure per share.

Strategy emphasized that MSTR, as common stock of a Bitcoin reserve company, has the dual nature of amplifying both returns and risks. The main risks listed by the company include Bitcoin price volatility, changes in financing conditions, mNAV compression, dilution from stock issuance, and debt and preferred stock repayment pressures.

To date, Strategy remains one of the public companies holding the largest amount of Bitcoin globally. The company stated that it will continue to increase its long-term Bitcoin holdings and per-share Bitcoin exposure through capital market instruments, digital credit issuance, and proactive asset allocation.

Odaily News: Enterprise AI data platform Prevalent AI has announced the completion of a $22 million funding round, with Los Angeles-based investment firm Integrity Growth Partners (IGP) participating. Founded in 2017, the company specializes in developing AI-driven data platforms that connect and integrate data from multiple systems within an enterprise, helping organizations build continuously updated "sovereign knowledge graphs" and supporting the deployment of AI Agents and automation systems. (Tech.eu)

Odaily News: AI data center operator DataVita has announced securing £300 million (approximately $406 million) in funding to expand its artificial intelligence data center campus at the AI Growth Zone in Lanarkshire, Scotland.

The funding was provided by a consortium consisting of ING, ABN AMRO, Spain's Santander Bank, the Scottish National Investment Bank, and Siemens Financial Services, with the UK National Wealth Fund guaranteeing £202 million of the loans.

DataVita stated that the funds will be used to expand its existing DV1 data center and construct the new DV3 facility. Upon completion, both DV1 and DV3 will each provide 40MW of power capacity, adding a total of 80MW of new capacity. Currently, AI cloud computing provider CoreWeave has already pre-leased the full capacity of both data centers under a 15-year lease term. CoreWeave primarily provides computing infrastructure services to multiple leading AI model developers. (Bloomberg)

According to Odaily, renowned crypto KOL Ansem stated that institutional funds are turning bullish on the market. For example, billionaire Stanley Druckenmiller has bought HYPE, Robinhood has launched its own L2, and hedge fund giant Paul Tudor Jones has increased his Bitcoin holdings. Meanwhile, the crypto regulatory environment has improved significantly, but crypto-native investors remain broadly extremely pessimistic. Ansem believes that the coexistence of institutional bullishness, regulatory improvement, and extreme pessimism within the market constitutes the typical conditions for a market bottom formation.