Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

JPMorgan Chase raised Amazon's price target from $330 to $365, maintaining its bullish rating.

According to a Wall Street Journal report citing people familiar with the matter, Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, suffered major losses during the sharp downturn in AI stocks in July, with its net value dropping roughly 67% that month. The fund had previously held heavy positions in AI-related equities. As those holdings plummeted, it was forced to sell most of its stock positions to raise cash and meet margin calls from lenders; a significant portion of these positions was acquired by Ken Griffin’s Citadel. In a letter to investors, Aschenbrenner stated, “This month we let you down.” He attributed some of the losses to short sellers exacerbating sell-offs, noting the fund faced pressure similar to a “bank run.” Still, Situational Awareness had posted massive gains earlier this year: by the end of May, its returns had hit 270%. Even after July’s plunge, it remains up around 80% year-to-date. The report adds that since its launch roughly two years ago, the fund once managed over $20 billion in assets. Aschenbrenner had no prior professional investment experience, but his research and influence in the AI sector led some investors to view him as a leading figure in AI investing. The fund still holds stakes in private AI companies including Anthropic.

According to Bitget's market data, the Korea Composite Stock Price Index (KOSPI) has climbed above 6,600 points, with its daily gain expanding to 18%.

Bitget market data shows that WTI crude oil is currently trading at $80.12 per barrel. Brent crude oil fell 2.8% intraday, changing hands at $84.4 per barrel.

Yesterday, U.S. spot Bitcoin ETFs posted a combined net inflow of $233.1 million. Among them, BlackRock’s IBIT saw a net inflow of $183.4 million, Fidelity’s FBTC recorded $15.5 million, Bitwise’s BITB brought in $20.7 million, and ARKB had a net inflow of $1.5 million. For spot Ethereum ETFs, the total net inflow reached $12.8 million yesterday. Breaking down the Ethereum data: BlackRock’s ETHA posted a net inflow of $16.2 million, FETH saw a net outflow of $2.9 million, ETHW had a net inflow of $1.4 million, and ETHE recorded a net outflow of $1.6 million.

According to OnchainLens monitoring, a Hyperliquid trader who was liquidated for roughly $2.05 million after going long on SKHX three days ago has now re-established a long position. The address currently holds long HYPE positions worth approximately $4.95 million at 10x leverage, plus long ETH positions worth $10.04 million at 20x leverage. The trader also holds long positions in META and other assets. The address’s current cumulative profit and loss stands at a loss of around $504,800.