10 #Bitcoin ETFs inflows 2,586 $BTC(+$247.92M) and 9 #Ethereum ETFs outflows 20,884 $ETH(-$70.69M) yesterday.

According to Reuters, AI cloud computing firm CoreWeave announced its entry into Indonesia, with plans to add three new data centers in the country, marking the company’s first data center deployment in the Asia-Pacific region. CoreWeave said the three facilities will add a total contracted power capacity of 360 megawatts (MW), and the company will handle full ownership and operations of all sites. The company noted that growing demand for localized AI computing power from Asian enterprises, AI-native firms, and governments—along with requirements for low-latency computing and data localization—are driving AI infrastructure expansion into regional markets. The Indonesia expansion plan also includes building and training a local operations team to support the new facilities and advance the local AI industry. As of March 2026, CoreWeave operates 49 data centers globally. Driven by sustained growth in demand for AI cloud infrastructure, the company has significantly increased capital investment this year, projecting capital expenditures between $31 billion and $35 billion in 2026. So far this year, CoreWeave has secured billions of dollars in cloud computing partnerships with multiple major tech firms, including expanding its $21 billion deal with Meta and signing a multi-year cloud services agreement with Anthropic. As of press time, CoreWeave closed up 7.16% with a market capitalization of $50.1 billion; it was down 1.24% in after-hours trading at $90.76.

Kioxia and Sandisk officially unveiled their latest BiCS10 3D QLC NAND flash chip at the Future of Memory and Storage Conference (FMS), claiming it is the highest-density 3D NAND product officially launched globally to date. The chip features a 332-layer stack structure, with a per-unit-area storage density of 37 Gb/mm2, is equipped with a high-speed interface of up to 4800 MT/s, and supports the Standalone Command Addressing (SCA) function, targeting primarily the high-capacity data center-grade SSD market. Compared to the BiCS10 3D TLC NAND products previously released by the two companies (which had a storage density of over 29 Gb/mm2), the new QLC NAND further boosts data center storage capacity density. Industry insiders predict that with similar chip dimensions and number of memory cells, the chip could reach a capacity of approximately 1.33Tb, though the manufacturer has not yet disclosed specific capacity specifications. To meet data centers’ demands for high performance and low power consumption, Kioxia and Sandisk also introduced the Power Isolation Low Tap Terminal (PI-LTT) technology, which enhances high-speed signal integrity while reducing output driver power consumption. The two companies stated that based on the latest BiCS10 process technology, the new generation of QLC NAND not only achieves higher bit density, but also is expected to lower manufacturing costs after production ramps up, enabling higher-capacity SSDs to enter the market at more competitive prices.

Spotify announced its Q2 2026 financial report. Data shows the company’s paid subscribers exceeded 300 million for the first time, with a net increase of 7 million in the quarter; monthly active users (MAU) reached 777 million, up 12% year-over-year. Financially, Spotify’s Q2 revenue was €4.78 billion, rising 14% year-over-year; net profit hit €545 million, with a gross margin of 33.4% — a record high. Operating profit stood at €655 million, beating market expectations of €639.2 million. However, the financial report and Q3 guidance did not fully meet market forecasts. Spotify projects Q3 MAU will reach 788 million, below analysts’ estimate of 793 million; operating profit is expected to be €670 million, lower than the projected €677.8 million, leading the company’s stock to close down 1.57% on Tuesday. Spotify said it is ramping up investments in marketing and AI, with Q2 operating expenses rising 19% year-over-year to €941 million. On the AI front, Spotify has partnered with independent music licensing agency Merlin to expand AI-powered remix, AI cover and other features to over 30,000 independent labels, and plans to launch related tools as paid add-on services. Executives emphasized that AI music products focus on involving real artists in AI creation, rather than generating "fake artists". Still, Spotify faces competitive pressure amid slowing user growth in European and American markets and rising AI music copyright disputes.

AMD released its second-quarter 2026 financial results. The data shows that the company’s data center business generated $6.72 billion in revenue, up 107% year-over-year and approximately 15.6% quarter-over-quarter, serving as the main driver of its performance growth. AMD’s total revenue for the second quarter stood at $11.54 billion, up 50% year-over-year, hitting an all-time high and exceeding the market consensus of $11.28 billion. Its adjusted earnings per share (EPS) came in at $1.66, beating analysts’ forecast of $1.62. Looking ahead to the third quarter, AMD projects revenue of approximately $13 billion, with a range of plus or minus $300 million, which is above the market expectation of $12.52 billion. The company also forecasts an adjusted gross margin of around 56%. In terms of its AI business, AMD is accelerating its push to challenge NVIDIA’s leading position in the AI chip market. AMD CEO Lisa Su stated that the second-generation Helios AI servers, equipped with MI455X accelerators and TSMC’s "Venice" processors, have entered full production and are expected to start shipping in the coming months. According to reports, AMD will begin delivering these AI servers to Meta and OpenAI at the end of the current quarter. However, AMD’s stock price dropped more than 9% in after-hours trading following the release of the financial results. The market believes that despite the company’s strong performance and its stock having doubled year-to-date, investors had expected higher growth projections and stronger guidance for its AI business. Additionally, AMD’s gaming business revenue fell 31% year-over-year to $779 million in the second quarter, driven by lower sales of Xbox Series X/S, PS5, and Steam Deck, as well as component supply constraints.

According to Reuters, Microsoft, Meta, Oracle Cloud, Amazon, and Alphabet have committed approximately $1.09 trillion in future lease payments, primarily for building data centers to support artificial intelligence (AI) development. Data shows this figure is nearly four times the $285 billion in total confirmed lease liabilities currently held by the five firms. Due to accounting rules, data center leases that have been signed but not yet put into operation are not typically recorded as balance sheet liabilities immediately; instead, they are disclosed as future payment obligations. Reuters notes that a large share of current AI infrastructure investment spending has been locked in advance. If future AI computing demand continues to grow, these data centers will support cloud business expansion; however, if demand falls short of expectations, tech companies may face risks of long-term high rental payments and idle capacity. Among them, Oracle’s exposure is most prominent: the company disclosed its unused lease commitments reach $260 billion, nearly seven times its confirmed lease liabilities of $37.89 billion. These leases are mainly for data center construction, expected to launch between fiscal years 2027 and 2029, with typical lease terms of 15 to 19 years. Microsoft reported the largest unused lease commitments at $32.91 billion; Meta disclosed $27.899 billion, and further signed a $68 billion data center lease agreement in July, bringing the five firms’ total known related commitments to approximately $1.16 trillion. Alphabet and Amazon disclosed unused lease commitments of $85.2 billion and $13.721 billion respectively. Analysts point out that the $1.09 trillion cannot be simply viewed as corporate debt, as unused leases are usually multi-year, undiscounted payments, while lease liabilities on the balance sheet reflect present value. Nevertheless, this scale shows that tech giants are locking in massive infrastructure resources in advance for the AI era.

U.S. Treasury Secretary Scott Bessent said the U.S. and Iran could reach an agreement in the next day or two to reopen the Strait of Hormuz and restore "free passage". Earlier, U.S. President Donald Trump held a phone call with Qatari Emir Sheikh Tamim, during which the two sides discussed efforts to ease tensions between the U.S. and Iran. According to Xinhua News Agency, Iranian Foreign Ministry spokesman Bahaei said on the 4th that Iran is still in negotiations with Oman on the Strait of Hormuz issue, and the two sides have made "positive progress" at both technical and political levels. The negotiations focus on identifying safe shipping lanes for vessels and formulating relevant mechanisms to manage shipping through the strait. Expectations of diplomatic de-escalation pushed international oil prices sharply lower. Brent crude futures closed nearly 6% lower on the day, settling below $80 per barrel and currently trading at $78.52; U.S. crude futures fell more than 6%, dropping below $76 per barrel, and are now quoted at $74.28. U.S. Secretary of State Marco Rubio said the relevant negotiations have made progress but are not yet finalized, and the U.S. hopes to reach an agreement "soon". Bessent added that once the strait is reopened, prices of commodities including energy, fertilizers and refined oil products could fall further. However, the relevant arrangements have not yet been formally implemented. Earlier, the U.S. and Iran reached a temporary arrangement to resume shipping through the Strait of Hormuz, but it ultimately collapsed due to issues related to shipping routes and safety. Analysts believe that even if a new agreement is reached, it does not mean the U.S.-Iran conflict is completely over, and there remains a risk of further escalation.