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U.S. stocks are set to be driven by surging long-term Treasury yields—highlighted by the 30-year yield hitting a 19-year high—as rising rates pressure tech and AI-related shares ahead of key Nvidia earnings and broader capex and bond-buyback moves.

Upcoming market movers include notable stock stories, with focus on gold, Bitcoin, agriculture, and select “favorite” stock portfolios that have strongly outperformed this year.
Deutsche Bank is recommending buying gold in response to U.S. Treasury bond market interventions, and a large recent options trade in gold has heightened market attention.
Dividend specialists highlight “overlooked” stocks that provide attractive income, and a simple trading strategy is being pitched as a strong short‑term opportunity.
Bitcoin’s sharp rebound may continue, according to analysts, while technical analysts note at least one agriculture stock emerging from a corrective phase with potential upside.
Geopolitical and trade tensions are rising as Trump threatens 50% tariffs on Canadian imports and Canada vows to retaliate, while U.S.–Canada trade talks have reportedly broken down with both sides facing economic risks.
Bond and interest-rate dynamics are in focus, with the 30‑year U.S. Treasury yield climbing (touching multi‑year highs), the Treasury boosting bond purchases and possibly drawing down nearly $1T to fund buybacks, and the S&P 500 planning about $1.8T in capital expenditures.
Technology and AI‑related names are under pressure, with chip and AI stocks (including Micron and SanDisk) falling ahead of Nvidia earnings, while SpaceX prepares AI satellites using Nvidia chips, and Amazon advances warehouse automation with a system called “Tetromino.”
Regulatory and policy shifts include the SEC’s first major proposed crypto rule, an EPA delay that sent U.S. RIN biofuel credits sharply lower, and renewed scrutiny on energy policy as the U.S. oil reserve hits its lowest level since 1983 amid past political decisions.
Corporate and sector-specific developments span Moderna’s stock jump on melanoma vaccine news, Disney offering early retirement to executives to cut costs, Vistra being seen as a prime beneficiary of rising U.S. electricity demand, and Hims & Hers stock dropping on credit card dispute reports.
High-profile investors and strategies are in the spotlight, including Greg Abel’s $23.5B deployment into nine Berkshire stocks, Bill Ackman’s controversial bets on two underperformers, Nancy Pelosi’s new purchases in Intel and Bloom Energy, a Goldman “favorites” portfolio up 29%, and Jim Cramer warning that chip stocks have become “parabolic” and taking profits.

Hong Kong’s market focus is on Alibaba, as Daiwa says its equity placement’s dilution impact is limited and valuation remains attractive, helping lift the Hang Seng at the open while XPeng slumps on wider-than-expected losses.

DaWa says Alibaba’s share placement has limited dilution impact and its valuation remains attractive.
Morgan Stanley raised WuXi AppTec’s target price to HK$85 and rated the stock “Overweight” after results drove an 11%+ rise.
Xiaomi’s Xuanjie O100 chip will be used across its ecosystem, including phones, cars, and robots.
CMB International cut Beike’s target price to US$22.4 but kept a “Buy” rating.
CMB International lowered ZTE’s target price to HK$35.5, expecting continued margin pressure.
DaWa reduced Sinopharm’s target price to HK$17 as first-half results slightly missed expectations.
SK Hynix shares fell nearly 7% after reports that the company’s union rejected a preliminary wage deal, while some traders doubled long positions.
Lei Jun said September will be a “big tech month” for Xiaomi, with launches of the Pengcheng series, Xiaomi 18 Fold, and Xiaomi 18 Pro series.
Leapmotor opened higher then weakened, with first-half adjusted net profit down 18% to 270 million yuan, while Mingming Henmang jumped 4.9% as first-half net profit rose 155%.
Luxshare plans to issue up to 25 billion yuan in corporate bonds; it also expects first to third quarter net profit to grow by up to 25% and reported H1 revenue of 174.5 billion yuan and net profit of 7.843 billion yuan, both up double digits.

Kaisa issued a profit warning, expecting first-half losses to narrow to at most 9.5 billion yuan.
Xpeng gapped down 8% on open as its Q2 adjusted net loss widened to 1.237 billion yuan, worse than expected.
The Hang Seng Index opened up 116 points; Alibaba rebounded 2% while Xpeng fell over 8% post-earnings.
HSBC aims to add several wealth management centers over the next 18 months to attract new clients; its insurance business is reportedly unaffected by mainland measures.
A new phase of units at Sunrise Kangcheng’s “Sea (Wangshi) Bay II” sold 10 flats on Monday and will launch 129 more on Friday with discounted prices from 5.89 million yuan.
Iran’s Foreign Ministry said it will respond harshly to expanded U.S. sanctions.
A large gold trade sparked intense discussion in the options market, while bank “accumulated gold” prices at major Chinese banks all surpassed 1,000 yuan per gram, signaling rising gold investment enthusiasm.
The PBOC is deploying multiple liquidity tools: 340 billion yuan in 7‑day reverse repos, up to 6,000 billion yuan per day in overnight reverse repos (Aug 27–Sep 1), and a 500 billion yuan 1‑year MLF operation, showing more precise and flexible monetary management.
China’s payment industry released a self-disciplinary convention for “agent (AI) payment” to set principles, strengthen risk control, and improve overall security.
Commentary notes that companies cannot use “AI replies don’t represent the official position” as an excuse to avoid honoring commitments; misuse of AI customer service is criticized as buck‑passing, not a tech issue.

Orient Securities’ major merger and restructuring plan passed with high approval rates at its extraordinary general meeting and separate A/H share meetings, marking a key step forward.
New rules for centrally managed housing provident fund loans raise caps: single contributors can borrow up to 1.2 million yuan for a first home and 1 million for a second; dual-contributor couples can borrow up to 2.4 million and 2 million respectively.
All three major A‑share optical module leaders (Zhongji Xuchuang, New Easycore, Tianfu Communications) reported strong H1 results, with combined revenue of about 65.5 billion yuan and net profit of about 22.4 billion, driven by global AI computing infrastructure build‑out; New Easycore alone saw H1 revenue grow ~100% and net profit ~91%.
One of the “four domestic GPU upstarts,” Suiran Technology, plans an IPO on the STAR Market, issuing about 43 million shares (10% of post‑issue capital), with online and offline subscriptions on September 2.
Demand for liquid cooling is rising, prompting frequent M&A: Far East shares will pay 216 million yuan for 80% of Fudewangwang, while over 20 listed firms have announced moves into the sector this year, including both strategic and cross‑industry deals.
The PBOC’s toolkit of price-based instruments is expanding as it adds overnight reverse repos and a 500 billion yuan 1‑year MLF, accelerating the transition of the monetary policy framework.
U.S. federal debt has surpassed US$40 trillion—double in under a decade—creating a self-reinforcing loop of bigger debt, higher interest costs, persistent deficits, and more bond issuance; duration risk in Treasuries is now a core global pricing issue, and expanded long‑bond buybacks plus potential use of nearly US$1 trillion from the TGA have pushed investors into “currency debasement trades” like gold and Bitcoin.
Shanghai’s “15th Five-Year” plan aims by 2030 to build three new trillion‑yuan industrial clusters and turn the city into a “superior intelligent manufacturing hub,” emphasizing intelligent, green, and integrated development and fostering globally leading firms and world‑class manufacturing clusters in the Yangtze River Delta.
China’s future industries—including embodied intelligence and 6G—are becoming key growth and innovation engines, with AI-related IC manufacturing and smart in‑car equipment showing over 30% value‑added growth in H1 2026.
Shanghai’s “Eight Housing Rules” are activating home upgrade demand; banks are adjusting down-payment ratios in line with the new policy to support the housing market.

Many A‑share M&A and restructuring deals (over 200 so far this year) have collapsed mid‑process, highlighting stricter screening of high‑quality targets and more cautious dealmaking.
Fulin Precision ended its planned 175,000‑ton LFP cathode project JV with Deyang Chuanfa Longmang because the JV wasn’t set up and the cooperation structure, resources, and decision process didn’t fit the project’s fast‑track needs.
Multiple Shenzhen‑listed leaders are distributing large cash dividends: 176 companies plan to pay a combined 49.048 billion yuan for H1, boosting shareholder returns.
Xiaomi launched three in‑house chips—AI flagship SoC Xuanjie O3, high‑bandwidth AI accelerator Xuanjie O100, and high‑compute autonomous‑driving chip Xuanjie D100—and publicly challenged rivals to “compare and compete.”
The combined “Yi‑Zhong‑Tian” trio (Zhongji Xuchuang, New Easycore, Tianfu Communications) earned 22.38 billion yuan in net profit in H1, underlining the boom in high‑speed optical communications linked to AI computing demand.
Lithium carbonate futures on the Guangzhou Futures Exchange rose, with some contracts hitting monthly highs and attracting attention to whether a new upcycle in the lithium industry is starting.
AI customer service has become a new complaint hotspot, as some merchants refuse to honor AI‑promised discounts or after‑sales commitments by claiming “AI replies aren’t official,” prompting calls for stricter accountability.
The humanoid robot industry is moving from tech breakthroughs toward scalable commercialization, showcased by the World Humanoid Robot Games in Beijing, where over 2,000 robots from 666 teams competed in 51 events, and 24 concept stocks reported strong earnings.
Opinion pieces urge listed companies to improve the quality, not just the frequency, of earnings briefings, criticizing “answering without addressing the question” and stressing genuine information disclosure to investors.
Cultural commentary on the 2026 summer film season notes that “new‑quality audiences” are more selective and guarded, pushing filmmakers to produce works that can break through psychological defenses and truly resonate.

Tokyo stocks extended losses with the Nikkei temporarily falling below 65,000 as tech and semiconductor shares dropped, dragging down the overall JP market.

Tokyo Stock Exchange continues to fall, briefly dropping below 65,000 points as high-tech and semiconductor stocks are sold off, partly under the influence of the Korean market.
The yen trades in the low 159-per-dollar range in both Tokyo and New York, with safe-haven dollar buying strengthened after the U.S. announces tougher sanctions on Iran.
New York crude oil prices retreat to the 85-dollar range as tensions in the Middle East trigger widespread profit-taking.
Taiwan’s Ministry of Foreign Affairs donates 1.5 billion yen for reconstruction in quake-hit Kumamoto, emphasizing the friendship and mutual support between Taiwan and Japan.
Support for Kumamoto earthquake victims grows, exemplified by a charity “Kumamon” tote bag that reaches its order limit within six hours of release.
Prudential Life is suspected of continuing fraudulent money-taking schemes even after suspending sales, with the employee who pitched fictitious profit stories now deceased.
Zentosin, suspected of large-scale accounting fraud, goes bankrupt, exposing vulnerabilities in a payment network that served some 20,000 nightlife businesses.
Global AI investment is projected at 159 trillion yen by 2026, with more than half concentrated in the United States, and is cited as one factor behind U.S. inflation.
Suzuki launches its first mini electric vehicle, capable of driving about 310 km on a single charge, reducing the need for daily charging in everyday use.
A future-oriented council for Expo technologies plans to support bio-manufacturing, aiming to bring products like cultured meat into practical use within five years.

Bitcoin’s surge back to the $80,000 level for the first time since May—signaling a strong crypto market recovery—stands out as the key event in today’s market developments.

Bitcoin has surged back to around $80,000, marking its highest level since May and signaling a strong acceleration in the broader crypto market recovery.
Analysts are watching Bitcoin’s approach to $80,000 closely, arguing that how the price behaves during the next pullback will be crucial for confirming the strength and sustainability of the uptrend.
A crypto-focused political organization has published a list of U.S. congressional candidates it plans to support, highlighting growing efforts to influence policymaking in favor of digital assets.
Coinbase has launched tokenized stocks on its Base blockchain network, entering the competition to bring traditional equity trading onto on-chain infrastructure.
Tom Lee–linked firm Bitmine has purchased $81 million worth of ETH in its largest weekly acquisition since early July, underscoring renewed institutional interest in Ethereum.
A new governance proposal on Solana aims to significantly increase daily SOL token burns (potentially up to about $800,000) and slow the issuance of new tokens, which could make the asset more deflationary.
An investment strategy involving sales of MicroStrategy (MSTR) shares has raised $2 billion and formed a new USD cash pool, potentially altering exposure to Bitcoin and overall capital allocation.
Standard Chartered has become the first major bank to distribute a Hong Kong dollar–denominated stablecoin, marking a notable step in the integration of stablecoins into traditional banking.
Pakistan has launched a formal crypto licensing framework, setting a registration deadline of September 5, which signals a move toward regulated digital asset markets in the country.
“Financial repression” has emerged as a key narrative among Bitcoin advocates, who argue that low real interest rates, capital controls, and inflationary policies are driving more investors toward BTC as a hedge.