The 'Big Short' Michael Burry No Longer Views Berkshire Hathaway as an Attractive Future Investment

According to Japanese media reports, the weakening yen is delivering significant commercial benefits to Japanese multinational corporations, with many firms lifting their earnings forecasts in the latest earnings season. Despite recent intervention measures by the Japanese government, the market expects the yen will remain under pressure. As a result, companies with a large share of overseas operations—including Toyota Motor, Honda Motor, Sony, and Ryohin Keikaku Co., Ltd., the parent of Muji—have all raised their performance outlooks. Okasan Securities’ report shows that among roughly 1,600 TOPIX constituent companies, 159 have lifted their fiscal year earnings forecasts since July 1, while only 12 have cut theirs. The overall proportion of firms adjusting their performance forecasts stands at 86%, the highest level since fiscal 2016.

According to on-chain data, a Bitcoin whale dormant for over 12 years has reactivated. The whale accumulated 26.95 BTC when Bitcoin’s price stood at just $823.1. At 15:03:02 Beijing time today, the wallet address transferred out all 26.95 BTC, posting an unrealized profit of $1.73 million.

According to official announcements, H100 Group, a Swedish publicly listed Bitcoin reserve company, announced it has acquired 2,455.4 Bitcoin at an average price of $62,900, lifting its total Bitcoin holdings to 3,506 coins.

According to an official announcement, Robinhood has launched cryptocurrency trading services for eligible customers in the UK. Users can trade over 50 digital assets directly within its main investment app via Bitstamp, the established trading platform it acquired last year for $200 million. The rollout kicked off this week, integrating crypto into its existing offerings of stocks, stock ISAs, options, and futures, all within a single app. Robinhood noted that the service will waive trading fees, account maintenance fees, and custody fees upon launch. However, UK customers will be charged a 0.1% foreign exchange fee, which rises to 0.3% for some weekend conversions.

SK Hynix has issued a statement addressing market rumors that it is selling its Chongqing, China factory valued at 4 trillion won, stating that the company is studying multiple plans to enhance the competitiveness of its packaging business. No specific decisions have been made as of yet, the firm added, noting that should relevant matters be finalized in the future, it will make a further disclosure within one month of the confirmation date. (Source: Jiemian)

According to TrendForce's latest mobile industry research, rising prices of components led by memory chips have pushed up the overall production cost of Apple's upcoming iPhone 18 series. The research firm estimates that the production cost of the 256GB iPhone 18 Pro in the third quarter will be roughly 38% higher than that of the same model launched in the same period in 2025. In 2027, as memory prices are projected to stay on an upward trajectory, the cost increase for the 256GB iPhone 18 Pro may expand further.