China Narrows EUV Lithography Gap with Breakthroughs in Chipmaking
August 6, 2026, 3:59 AM EDT. The Chinese Academy of Sciences achieved a 3.42% conversion efficiency in laser-produced plasma (LPP) EUV lithography, closing in on ASML’s 5.5% commercial benchmark. Although current power output of 100-150 watts still trails ASML’s 600 watts, the development marks notable progress for China following a 2019 export ban on advanced EUV equipment. Meanwhile, Alibaba made strides in AI by unveiling its 2.4 trillion-parameter Qwen3.8 and T-Head’s open-source CUDA alternative.
China Says It Cracked the Chipmaking Tech …
Asian Stocks Slip on Tech Selloff; Oil Holds as Iran-Oman Talks Progress
August 6, 2026, 3:58 AM EDT. Asia-Pacific equities fell 1.39%, pressured by declines in the technology sector. South Korea dropped 4.16%, with Japan’s Nikkei retreating 0.94%. Shares of Samsung Electronics (-6%), SK Hynix (-10%), Kioxia (-8.2%), and Tokyo Electron (-5.18%) all lost ground after Wall Street’s downturn. Oil prices were little changed, with Brent at $79.01 per barrel and WTI at $74.73, as peace negotiations between Iran and Oman influenced the market. Markets continued to track U.S. jobs data and expectations of additional Fed rate increases.
Asia shares fall on tech pullback, oil sta…
Silver Prices Climb Past $62.00 as Inflation Worries Lessen
August 6, 2026, 3:43 AM EDT. XAG/USD extends gains for a fourth straight session, hovering around $62.20 per troy ounce on Thursday morning in Asia, as easing inflation concerns support prices.
Silver Price Forecast: XAG/USD rises above…
Commerzbank Profit Jumps 94% as UniCredit Pursues Takeover
August 6, 2026, 3:42 AM EDT. Commerzbank of Germany posted a 94% rise in second-quarter net profit, reaching €898 million and beating the forecast of €845 million, with higher commission income supporting results. The lender is advancing toward a potential acquisition by Italy’s UniCredit, which now owns 48% and is seeking talks with key parties. Commerzbank leadership remains against the takeover, underlining its international network’s value. The German government has voiced criticism over UniCredit’s approach during ongoing negotiations.
Takeover target Commerzbank posts better t…
Daktronics (DAKT) Shares Seen Around 5% Above Fair Value as Cash Flow Aligns
August 6, 2026, 3:41 AM EDT. Shares of Daktronics (DAKT) have climbed 251% over the last five years, but the latest Discounted Cash Flow (DCF) review shows the stock is trading about 5% higher than its intrinsic value of $20.89 per share. Though market-based multiples point to potential undervaluation, cash flow outlooks and the current price indicate the stock’s value and price are drawing closer, leaving it fairly valued rather than offering a clear case for either cheapness or being overpriced.
Daktronics (DAKT) Stock May Be 5% Overvalu…
Bitcoin Flatlines as Crypto Market Cap Touches $2 Trillion, Wall Street Trading in Focus
August 6, 2026, 3:30 AM EDT. Bitcoin (BTC) holds steady while Wall Street activity helps push the total crypto market capitalization to the $2 trillion level. Despite a hawkish stance from the Fed, BTC’s stability suggests possible upward movement. U.S.-listed Bitcoin ETFs have shown inconsistent demand, with outflows of $61.53 million recently ending a streak of inflows. This week’s $626 million in institutional inflows highlights interest but needs to be sustained, as market maker Wintermute notes ETF flows could be more about arbitrage than direct buying.
Bitcoin is stuck as Wall Street prints cry…
Zurich Insurance Beats Earnings Forecast, Ups Life Division Outlook
August 6, 2026, 3:29 AM EDT. Zurich Insurance posted an $4.8 billion operating profit for H1 2026, topping the projected $4.66 billion. The insurer lifted its outlook for the life insurance business, now targeting at least 10% profit growth this year. Shares Traded 1.5% higher pre-market. Zurich also saw robust results in property and casualty, posting a $2.8 billion operating profit ahead of expectations.
Zurich Insurance tops profit view, lifts t…
Jevons Global CIO Says Higher U.S. Bond Yields Could Hinder Equity Rally
August 6, 2026, 3:28 AM EDT. Kingsley Jones, chief investment officer at Jevons Global, cautions that an increase in U.S. bond yields may pose a risk to the ongoing stock market rally. He points to a potential inflation breakout as a factor strengthening the argument for higher interest rates. Such a shift could put pressure on the positive trend in equities.
Rising U.S. bond yields will spoil the sto…
AI stocks surge across Asia, but volatility brings high risks for newer investors
August 6, 2026, 3:27 AM EDT. AI and semiconductor shares rallied through Asia, with Taiwan Semiconductor Manufacturing, Samsung Electronics, and SK Hynix advancing by over 50%, 100%, and 150% respectively during 2023. An influx of new investors led to record account openings in Taiwan while high borrowing among retail traders was seen in South Korea. Even as tech profits climbed, sharp market swings and lofty valuations raised the risk of sizable losses and potential market corrections.
Asia’s wild AI frenzy stock swings ignite …
JM Financial backs Tips Music Rs 44.5 crore open market buyback, sees stock gain
August 6, 2026, 3:26 AM EDT. JM Financial endorses Tips Music’s Rs 44.5 crore open market share buyback at Rs 750 per share, representing a 12% premium, and anticipates it will lift the stock price. The buyback does not include promoters, mandates at least 75% utilisation, and supports FY26 profit allocation through dividends and buybacks. Tips Music posted a 21% rise in revenue year-on-year in Q1, though margins came under pressure from higher content costs. JM Financial maintains a Rs 810 price target, projecting a 20% upside.
Can Tips Music’s Rs 44 crore share buyback…
Rocket Lab (RKLB) Eyes $128.56 Price Target, 72% Upside Seen
August 6, 2026, 3:10 AM EDT. Rocket Lab (RKLB) is seen reaching a $128.56 price target, reflecting a 72% upside potential. The forecast is underpinned by robust defense contracts, continued vertical integration, and sustained margin expansion.
Rocket Lab: Strong Wins, Strong Buy
FTSE 100 Futures Edge Up, FTSE 250 Sets All-Time High as Iran Negotiations Progress
August 6, 2026, 3:09 AM EDT. The FTSE 250 reached a…
