纳斯达克 · 5338

Analysis: QQQ had a net inflow of $10.9 billion in August, shifting capital from semiconductors and software to broader technology stocks

Comparing news, The Kobeissi Letter stated in an article on X that the NASDAQ 100 ETF (QQQ) has recorded a net inflow of 10.9 billion US dollars so far in August, which is more than double the full month of July of 4.9 billion US dollars, and surpassed the monthly record of 9.2 billion US dollars set in March 2022, which is expected to be the highest net inflow in a single month in history. Meanwhile, semiconductor ETFs (SMH) have a net outflow of US$2.8 billion so far in August, which is expected to be the largest monthly net outflow in history; software ETFs (IGV) had a net outflow of about US$610 million during the same period, or recorded a net outflow for the third consecutive month. Funding is rotating from the semiconductor and software sectors to broader technology stocks.

1m ago

Korean retail investors flocked to US stocks to bet on SK Hynix ADR, and 1.16 trillion won capital inflows triggered a sharp premium

Comparative news, according to data from the Korea Securities Depository and Settlement Agency, South Korean retail investors are buying up their ADR (American Depositary Receipts) listed on the US NASDAQ in a big way, causing ADR to have a large premium compared to local Korean stocks. Since SK Hynix ADR was listed on NASDAQ on July 10 to August 19, Korean investors have accumulated a net purchase of SK Hynix ADR of about US$835 million (approximately 1.16 trillion won), ranking second among US stocks bought by Korean investors during the same period, accounting for 16.4% of the total net purchase amount of US stocks by Korean investors. This trend triggered the price gap between SK Hynix ADR and local Korean stocks to continue to widen. SK Hynix Korea's shares closed down 9.75% to 1.5 million won on August 19; ADR in the US market rose 0.35% to close at $156.16. Since 1 SK Hynix ADR corresponds to 0.1 shares of the Korean capital stock, theoretically, the share value after converting the ADR price should be about 10 times the ADR price. However, as of the 19th, the Korean stock price was only 6.82 times the ADR conversion price, which meant that ADR formed a premium of about 46.67% compared to the capital stock. (NATE)

4h ago

Korean retail investors are frantically betting on the recovery of the memory chip sector: 118.5 billion won in a single week to buy US memory ETFs

According to data from the Korea Securities Depository and Settlement Agency, Korean retail investors made net purchases of the “Roundhill Memory ETF” between August 14 and 20 this week, making it the second-largest net purchase of the country's overseas individual stocks and ETF investments (after Alphabet, Google's parent company). This ETF is an actively managed product, mainly investing in major memory chip companies such as Samsung Electronics, SK Hynix, and Micron. Recently, memory chip stocks have clearly picked up. The stock prices of SK Hynix and Samsung Electronics rose 21.6% and 21.8% respectively from August 10 to 21, both exceeding the 10.4% increase of the Korea Composite Index (KOSPI) during the same period. In the US market, Micron rose about 11% over the same period, and SanDisk increased by about 32%. South Korea's domestic ETF market also saw capital inflows. The data shows that the net inflow of the “TIGER US S&P500 ETF” tracking the S&P 500 index from August 14 to 20 was 1709 billion won, and the net inflow of the “KODEX US NASDAQ 100 ETF” tracking the NASDAQ 100 index was 132.3 billion won. Market participants believe that as expectations for the recovery of the semiconductor cycle heat up, investors are increasing their allocation to the AI chip and memory chip industry chain. (Daum) This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

7h agoburnking

Next week's macro outlook: US and Iran sanctions, Jackson Hole, PCE, and Nvidia's earnings report are coming in four major variables. The gold sword points to $4,700

Comparing news, the global market will face multiple risk events next week. The escalation of US and Iran sanctions, Federal Reserve Chairman Walsh's debut at the Jackson Hole World Central Bank Annual Meeting, the release of PCE inflation data in the US for July, and the disclosure of Nvidia's earnings report may become core variables affecting risk asset trends. This week, the sharp rise in US long-term bond yields raised market concerns. After the Treasury expanded the scale of long-term US bond repurchases, the pressure on the bond market eased somewhat, but investors are still concerned about the US fiscal deficit, inflation, and developments in the Middle East. Driven by US debt sustainability concerns, the weakening dollar, and the Treasury Department's expansion of the US bond repurchase program, spot gold surpassed 4,600 US dollars/ounce this week, rising for the third consecutive week, and hit a high of around $4,632 on Friday. Analysts believe that if gold effectively breaks through $4,600, the next target may be at $4680 or even $4,700. Next week, the US-Iran relationship will be the primary focus of the market. US Treasury Secretary Bessent said that the Trump administration will announce new sanctions against Iran on Monday. Trump previously warned that any country providing support to Iran could face economic consequences. Meanwhile, transportation activities in the Strait of Hormuz continue to be blocked, and energy supply risks are driving crude oil to rise continuously. On the Federal Reserve side, the Jackson Hole Global Central Bank Annual Meeting will be held from August 27th to 29th, and Federal Reserve Chairman Walsh will deliver his first speech on August 28. The market is concerned about whether it will release future interest rate path signals and whether it can ease recent pressure on the US bond market. Currently, the market expects that the probability that the Federal Reserve will cut interest rates in September has declined, and traders will focus on Walsh's statement on the 2% inflation target, long-term interest rate, and monetary policy framework. In terms of economic data, the US core PCE price index for July will be released next week. This is the inflation indicator that the Federal Reserve is focusing on. The market expects core PCE to rise 0.2% month-on-month. If the data is higher than expected, it may weaken expectations of interest rate cuts and put pressure on gold; if it falls short, it may further drive the rise of precious metals. In addition, revised US second-quarter GDP values, durable goods orders, consumer confidence index, and revised non-farm payroll benchmark data will also be released one after another next week. On the corporate side, Nvidia's (NVDA) earnings report will be the focus of the US stock market. Technology stocks have recently been under pressure. The Nasdaq index fell about 2% this week, and the semiconductor sector fell by more than 4%. The market will focus on Nvidia's continued investment in AI infrastructure, the progress of Rubin chips, and the state of business in China. Analysts believe that if Nvidia's performance continues to strengthen AI growth expectations, it may become an important catalyst for the S&P 500 index to hit 8,000 points; if performance or guidance falls short of expectations, it may increase the pressure on technology stocks to adjust.

12h ago

Bitdeer sold 265.6 BTC this week and continues to maintain zero holdings

In comparison, Bitdeer, a Nasdaq-listed Bitcoin mining company, released the latest data on Bitcoin holdings on the X platform. As of August 21, its Bitcoin mining output was 265.6 BTC, selling 265.6 BTC during the same period, with a net increase of 0 BTC. Currently, it continues to maintain zero Bitcoin holdings.

14h ago

Well-known macro trader Raoul Pal: Bitcoin is oversold by more than two standard deviations from NASDAQ, and crypto assets will outperform NASDAQ in the long run

Comparing news, Real Vision founder Raoul Pal wrote that the chart he is closely following shows that Bitcoin has entered an oversold range of more than two standard deviations compared to Nasdaq and is currently rising rapidly. He said he will continue to watch, but believes that in the long run, crypto assets should outperform Nasdaq. Raoul Pal notes that such long-term structural trends have important reference value for asset allocation. This opinion is based on the relatively strong and weak performance of Bitcoin and Nasdaq.

15h ago

Bitcoin mining infrastructure company Bitari submits IPO application to NASDAQ: plans to raise $30 million

According to CryptoBriefing, Bitari Inc., a Texas-based Bitcoin mining infrastructure company, submitted an S-1 registration statement to the US SEC on August 21 to seek to raise $30 million through an initial public offering (IPO) on the NASDAQ global market under the ticker symbol BIAI. The offering will issue 4,285,715 common shares, each priced at $7, and is expected to generate total earnings of approximately $30 million, and net income of approximately $27 million after deducting underwriting and related expenses. Bitari is responsible for building and operating the physical infrastructure required for Bitcoin mining. Its current core facility is a 20 megawatt operating mine in Wheeler, Texas. A second 20 MW mine is under construction in Dumas, Texas, and the company also owns a contracted 20 MW mine in Marion, Indiana.

18h ago

Solmate increases its treasury of 1,000 SOL units by more than $100 million, Ionic Digital transforms AI computing power and holds 2,882 BTC

Comparative news. According to BBX data, yesterday, US and Japanese stock listed companies and mining companies around the world disclosed the latest official ledgers on digital asset treasury allocation, holdings growth, and financial data for the second quarter. The core developments are as follows: Solana treasury company Solmate increases its holdings by 1,000 SOL: Nasdaq-listed Solana treasury company Solmate Infrastructure PLC (NASDAQ: $ SLMT) officially announced that the company increased its holdings by about 1,000 SOL on August 20, 2026. As of today, the company has accumulated approximately 1.25 million SOL holdings, and the total value of SOL holdings has reached approximately US$102.2 million. Remixpoint increased its holdings by 9.96 bitcoins, and its total holdings exceeded 1500: Remixpoint, a Japanese Bitcoin treasury listed company, announced another increase of 9.96 bitcoins in the secondary market. As a result of this increase, the company's total Bitcoin holdings have officially risen to 1,501.27 BTC. Ionic Digital (NASDAQ: $ IOND) released its Q2 earnings report, and the share of AI computing power revenue jumped to 90%: NASDAQ listed company Ionic Digital announced financial results for the second quarter of 2026. The company's total revenue for Q2 reached $48.6 million (up 31% year over year), with digital infrastructure leasing (AI/HPC) revenue accounting for 90%, completely changing the business structure that relied almost entirely on Bitcoin mining in the same period last year (mining revenue fell from $37.2 million to $4.8 million). Net loss for the quarter was $35.3 million (mainly affected by $28.2 million in Bitcoin's non-cash fair value change losses and income tax provisions), and adjusted EBITDA of $37.6 million. By the end of the quarter, the company held $415.7 million in cash and 2,882 bitcoins (worth approximately $168.7 million). DCG's Fortitude dug up more than 33,000 ZEC in the second quarter: Fortitude, a Zca sh miner under Digital Currency Group, announced operating results for the second quarter. The company's total revenue for the quarter was $20.9 million, adjusted EBITDA of $8.5 million, and a net loss of $9.5 million. In terms of core mining business, a total of about 33,646 ZECs were mined during the quarter, and the average operating computing power stabilized at 4.0 gSol/s.

1d ago
Whoever sings down Anthropic may be disappointed

Whoever sings down Anthropic may be disappointed

Author: Alan Walker, Silicon Valley Original title: Is Anthropic's Growth Slowing Down? Source of controversy. Claude Code ARR tracking chart produced by TickerTrends. The latest data is $15.12 billion for the week of August 10, 2026, accounting for 21.9% of Anthropic's total ARR. Please note: This is an estimate from a third party agency and is not an official disclosure of Anthropic. The first section below explains how important this difference is. Alan Walker from Silicon Valley made an appointment for dinner in Hong Kong. After some hard work, he discovered that this picture had been retweeted more than 30 times, and the matching statement was similar — “Anthropic's growth has leveled off; 2 trillion dollars is a bubble.” Alan saved the image, zoomed it in, and looked at it again. The problem isn't in this picture. This picture is very well done, and the data is probably done seriously. The problem is that almost everyone who retweeted it was using it to answer a question it couldn't answer at all. 01 Let's first figure out who made this picture, there is a Claude icon in the upper left corner. The color scheme is Claude's familiar orange. At first glance, it looks like an official product. It's not. The author of this picture is TickerTrends and has his name written in the upper right corner. It is a third-party data tracking agency that uses various external signals (application data, payment panels, recruitment, channel caliber, etc.) to estimate the revenue of an unlisted company. The line in the picture is written very honestly: “tracked allocation” -- the percentage of allocations that have been tracked. Let's be clear: Anthropic has never publicly disclosed Claude Code's individual ARR numbers, not once. Every point on this curve has been estimated by an outsider. For example, this is like someone using “long queues at the entrance of a restaurant every day” to estimate its turnover and then draw a beautiful weekly curve. The length of the team does correlate with turnover, but in the middle there is turnover rate, customer unit price, takeout ratio, private room business — you see that the team is three short weeks, and the kitchen is probably being renovated in those three weeks. What is more important is the caliber itself. ARR's algorithm is “revenue for the most recent period times 12.” Enterprise software contracts are not executed evenly every day; they are signed batch by batch. Big orders signed at the end of a quarter will jump a week's curve by a large margin; if the next quarter's big orders aren't signed, the curve will go sideways. Weekly ARR tracking is extremely insensitive to this kind of blocky landing—it will paint the “pace of signing” as a “change in demand.” In a nutshell, what you have in your hand is an unofficial weekly map estimated by an outsider, with a very blunt caliber. Judging by the weight of the “bubble” under it is tantamount to using body temperature to measure blood pressure. 02 I hit myself in the face on this picture. I haven't seen anyone mention it, but it's the most interesting part of the whole thing. The picture shows two numbers: Claude Code is $15.12 billion, or 21.9% of Anthropic's total ARR. By dividing: calculate 15.12 billion ÷ 21.9% = about $69 billion. This is Anthropic's total ARR for the week ending August 10, implied by this image. The official caliber figures reported by Bloomberg, Reuters, and CNBC on August 17 were — $65 billion at the end of July. Clear: This chart, which is being used to prove “slowing growth,” its own implied total number of companies is 4 billion US dollars higher than the official figure ten days ago. Further 10 days until today, if the trend continues, more than 70 billion is a reasonable estimate (this sentence is an inference, not data). In one sentence, people who retweeted only read the number 151.2 and the height of the column, skipping the 21.9% next to it. And that 21.9% said: This company went a step further when everyone shouted “it's slowing down.” I only believe in the two numbers on the same picture that is beneficial to my opinion; this is not called analysis. 03 You are looking at the picture below. The money in the picture above has the upper and lower two pieces. Above is the absolute amount (how many billion dollars), and below is the percentage change (how much more than a percent increase from four weeks ago). The vast majority of people's reasoning is: below...

1d agoWendy#Anthropic #ARR #IPOs #MiniMax