Aave Co-founder Accuses Kamino of 'Mimicking' Aave, Prompting Solana Co-founder's Rebuttal

Super Micro Computer (SMCI) released its fiscal 2026 fourth-quarter financial results, reporting revenue of $11.12 billion, nearly doubling from $5.76 billion in the year-ago period, though slightly missing analysts' expectations of $11.3 billion to $11.6 billion, mainly due to delays from customers related to power, cooling and networking. Gross margin improved sharply to 17.5%, exceeding not only the company’s preliminary forecast of 15% to 17% last month, but also the initial expectation of 8.2% to 8.4%. Adjusted earnings per share (EPS) came in at $1.70, far surpassing analysts’ estimate of $0.92; net profit reached $1.17 billion, compared to just $195.2 million in the same period last year. The company also issued strong guidance: it projects revenue of $14.5 billion to $15.5 billion for its first fiscal quarter (ending in September), with adjusted EPS of $1.01 to $1.10, well above analysts’ consensus estimate of around $12 billion; fiscal 2027 revenue guidance is set at $65 billion to $72 billion, far exceeding analysts’ expectations of $52.5 billion to $54.4 billion. New orders exceeded $60 billion, while backlog hit an all-time record; nine clients each contributed over $1 billion in revenue in fiscal 2026, compared to four in the year-ago period. According to market data from BIT (bit.com), SMCI closed up 0.45% and rose an additional 7.56% in after-hours trading.

According to Bitget market data, South Korea’s KOSPI index opened up 75.05 points, or 1.18%, to 6,420.58 points. Both Samsung Electronics and SK Hynix rose more than 1%. Japan’s Nikkei 225 index opened up 17.26 points, or 0.03%, to 66,987.48 points.

According to OnchainLens monitoring, a crypto whale has sold Ethereum worth $9.59 million. Over the past hour, the whale transferred 5,100 ETH (approximately $9.59 million) to FalconX, Galaxy Digital, and Coinbase, likely for over-the-counter (OTC) trading. Specifically, 2,440 ETH (valued at around $4.59 million) was sent to FalconX; 1,180 ETH (about $2.22 million) to Galaxy Digital; and 1,480 ETH (roughly $2.78 million) to Coinbase.

The "Big Short" Michael Burry has disclosed his updated portfolio: he increased his short position in NVIDIA (NVDA); added short positions in Palantir (PLTR) at $175, Oracle (ORCL) at $145, Caterpillar (CAT) at $844, and semiconductor ETF (SOXX) at $533; and added a long position in Molina (MOH) at $198.

The U.S. Commodity Futures Trading Commission (CFTC) announced it has invoked emergency authority to order prediction market platform Kalshi to continue operating in New York State, directly opposing the New York State government’s lawsuit seeking to shut down the platform. New York State Attorney General Letitia James sued Kalshi in late July, accusing the platform of offering sports-related prediction markets in violation of state law, and charging it with operating without a license and evading required taxes. A federal judge had previously rejected Kalshi’s request to block New York State’s lawsuit. CFTC Chairman Mike Selig made clear that Congress did not intend for derivatives trading platforms to be regulated by fragmented state rules, noting that prediction markets are federally regulated swap products and fall under interstate financial markets, so New York State has no authority to intervene with its own state laws. Selig criticized New York State for attempting to kill event contract derivatives before a final court ruling. This conflict further intensifies the long-running battle over regulatory authority for prediction markets between the federal and state governments. States argue that at least sports-related prediction markets fall under state law regulation, while the CFTC insists it holds comprehensive jurisdiction.

According to market data from BIT (bit.com), ahead of today’s CPI release, markets remained cautious and on the sidelines. The three major U.S. stock indexes closed lower across the board: the Nasdaq fell 0.6%, the Dow Jones dropped 0.34%, and the S&P 500 declined 0.32%. The S&P 500 has held an extremely narrow intraday range for four consecutive trading days, with the market described as "calm with price consolidation". Large-cap tech stocks weakened for the second straight day, with the so-called "Magnificent Seven" collectively weighing on the index; the Nasdaq 100 closed hovering just above its 50-day moving average. There was clear divergence within the AI sector: rotation occurred between software infrastructure and optical network segments, while AI semiconductors edged higher, though their gains fell short of market expectations for the $500 billion financing framework. Earlier, Nvidia partnered with six major Wall Street financial firms including Blackstone and Goldman Sachs to set up a $500 billion financing platform for AI infrastructure development. The announcement failed to garner market optimism, instead sparking concerns over "circular financing". Google fell 3.84%, logging its largest single-day drop in nearly six months. Oracle dropped 3.71%, Cloudflare declined 1.20%, and Amazon fell 2.09%. The U.S. storage sector advanced: SK Hynix rose over 4%, SanDisk and Seagate Technology gained more than 2%, and Micron climbed 0.87%.