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Daily Market Digest (Sep 3, 2026) 🤖 AI-Powered
Today’s financial news highlights AI infrastructure growth, mixed industrial sector performance, and geopolitical tensions, with Broadcom’s AI chip revenue surge …
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Woolworths Holdings Ltd.
City University of Hong Kong (CityU) launched an investigation into a student-led orientation event after a video surfaced showing alleged indecent behavior during a 'disco night', prompting the university to pledge 'zero tolerance' for improper conduct.
Major cryptocurrency tokens, including Solana (SOL), ether (ETH), and XRP, experienced significant declines over the past 24 hours amid a broad risk-off sentiment driven by geopolitical tensions following Iran's strikes.
The KOSPI index declined by 3% following US strikes on Iran, which coincided with oil prices reaching a 5-week high and bond yields rising to multi-year peaks.
Corn futures declined by the largest margin in nearly three weeks due to profit-taking activity, which dampened a prior rally in US grain markets.
Oil prices rose in early Asian trade as WTI reached $91.05 per barrel (+0.92%) and Brent reached $95.68 per barrel (+1.19%) following renewed hostilities between the U.S.
Broadcom reported strong profit growth outpacing revenue growth, driven by stable operating costs despite soaring revenue.
Joshua Wong admitted to instigating international sanctions against Beijing and Hong Kong governments six years ago, including urging foreign businesses to avoid investment in mainland China and pressuring an Israeli forensic tech firm to cut ties with Hong Kong police.
CoreWeave, an AI cloud provider, reported a $640 million interest expense in its latest quarter, which is 2.4 times higher than the same period a year ago despite a decline in borrowing rates.
Unitree Robotics' shares declined 50% from their intraday peak on Shanghai’s Star Board, representing one of the steepest drops for a new listing.
Brent crude oil prices rose over 2% following escalating military tensions between the U.S.
A Singapore court sentenced an Indian man to 26 months in jail for his role in a diamond heist where a fake gem was hidden in his mouth to steal a real diamond worth US$154,000.
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