Nidhi Kolhapur

Bank of America analyst Vivek Arya maintained a Buy rating on Nvidia with a $350 price target, versus a $217 share price. Arya said the market is over-penalizing AI capital spending risks. Nvidia reported $96.2 billion in quarterly revenue, up 106% year over year, with about $89 billion from data centers as Blackwell ramps. BofA sees the current valuation as low if AI accelerator demand remains strong. Key risks include customer concentration, hyperscaler spending and Blackwell shipments.

South Korean shares rose Tuesday, with the KOSPI gaining 0.33% as strong export growth and robust AI-related semiconductor demand lifted technology

Pi Network has activated DeFi infrastructure on its testnet, introducing a native swap interface and real-time market data for test tokens. The rollout features SLICE, which has a test market capitalization of 27.75 million Test-Pi across 1.16 billion circulating tokens. The deployment allows users to interact with liquidity pools and automated market maker mechanisms through Pi Network's native wallet. The testnet rollout provides a platform for testing DeFi features before potential broader development.

XRP Price delivered one of its strongest monthly performances in August 2026, gaining 36.9% and marking its third-best August in its trading history. The token had stronger August gains in 2021, at 58.9%, and 2017, at 45.2%.

South Korea's largest crypto exchange Upbit announced new listings for Cluster Protocol (CP), Hemi (HEMI) and Useless (USELESS). CP will trade against KRW, BTC and USDT, while HEMI and USELESS will be available in BTC and USDT markets. Cluster Protocol connects AI models, data, GPU computing and AI agents with onchain payments. Hemi is a modular Layer 2 connecting Bitcoin and Ethereum, while USELESS is a Solana-based meme coin. The listings expand trading access to all three tokens on Upbit.

Coinbase's XRP balance appeared to surge 4,870% to more than 5.5 billion XRP within an hour, sparking speculation that the exchange had received billions of dollars in new tokens. XRPScan later clarified that no new transfer occurred. The increase resulted from a wallet identification update that added 146 previously unlabeled Coinbase wallets to the exchange's reported balance. Coinbase now ranks third on the XRP rich list with about 5.68 billion XRP. The update shows the apparent surge reflected wallet labeling rather than a fresh XRP purchase.

Apple's September 9 event is expected to bring one of the company's biggest product announcements in years, with the first foldable iPhone potentially taking center stage. The rumored iPhone Fold or iPhone Duo is expected to feature a book-style design that opens into a larger inner display. Reports suggest the device could carry a price tag of around $2,000 to $2,299, positioning it firmly in the ultra-premium smartphone market. Apple could also reportedly use Touch ID to help keep the foldable's design thinner. Alongside the foldable iPhone, Apple is expected to unveil the iPhone 18 Pro and Pro Max, potentially featuring the A20 Pro chip, larger battery and upgraded cameras. New Apple Watch models and updated AirPods are also expected to be announced.

Apple's special event is scheduled for Wednesday, September 9, 2026, with the keynote set to begin at 1:00 p.m. ET. The event will take place at Apple Park in Cupertino, California, and will be streamed live for viewers worldwide. Apple has confirmed that the event can be watched through Apple.com, the Apple TV app, and YouTube Live. The event is expected to feature Apple's next-generation iPhone lineup, potentially including the iPhone 18 Pro and iPhone 18 Pro Max, along with other hardware announcements.

Nasdaq is investing $100 million in Payward, the parent company of cryptocurrency exchange Kraken, through its venture investment arm, according to Bloomberg. The investment values Payward at $21 billion and deepens a strategic partnership established between the companies in March. The firms aim to accelerate next-generation market infrastructure supporting the trading, settlement and custody of tokenized equities. The investment further strengthens Nasdaq's involvement in blockchain-based financial infrastructure and Payward's expansion in tokenized markets.

Fintech company Revolut allegedly disclosed customer data after mistaking a fraudulent government information request for a legitimate one, according to on-chain investigator ZachXBT. The exposed information reportedly includes names, contact details, identity documents, verification selfies, IBANs, bank statements, withdrawal records and transaction histories, including Bitcoin transfers. The number of affected accounts appears limited so far, but the incident may have targeted high-net-worth individuals. Several affected users have reportedly received notification emails from Revolut.