Palantir reported Q2 revenue up 93% year over year to $1.94 billion and net profit of $1.06 billion, while raising full year 2026 revenue guidance to at least $8.15 billion from under $7.7 billion. Shares gained more than 12% in after hours trading as CEO Alex Karp highlighted demand for "AI sovereignty" that keeps core data and AI control in house.

Alok Bansidhar Shriram has acquired a 30.92% stake in DCM Shriram International through an off-market transfer, taking his shareholding to 33.67% from 2.75%. The transaction was completed on August 1, 2026, and is described as a gratuitous intra-family equity reorganisation. The change does not affect the promoter group's aggregate holding, which remains unchanged at 50.11%. The company said the transfer does not involve fresh investment, operational adjustments, or any change in control, and is not directly linked to conventional financial asset pricing.

ETF flow data offered a split read on crypto demand Monday. US spot Bitcoin ETFs took in $170 million in net new money, while spot Ether ETFs saw $11.4 million leave in the same session. Flows tracked by services such as SoSoValue and Farside Investors are widely used as a near-real-time gauge of institutional positioning. Unlike price moves that can be driven by short-term headlines or forced liquidations, ETF creations and redemptions tend to reflect more deliberate allocation choices. The Ether outflow is modest on its own, but it extends a choppier pattern for spot Ether ETFs, which have alternated between inflows and outflows with less consistency than Bitcoin products. Issuers including BlackRock (IBIT, ETHA), Fidelity (FBTC, FETH) and Grayscale are effectively competing for the same institutional capital pool. When Bitcoin funds attract inflows while Ether funds lose assets, the divergence signals a clear tilt in preference. US spot Bitcoin ETFs launched in January 2024 after years of SEC pushback, with spot Ether ETFs following later in 2024. Across both categories, cumulative flows climbed into the tens of billions before momentum cooled as the market moved into 2025 and 2026. Bitcoin ETFs have previously posted single-day inflows above $200 million, placing Monday's $170 million within the range of a strong but not exceptional session. The more notable feature was the simultaneous Ether outflow, reinforcing a divergence that has been developing for months. Ether ETF flows have tended to respond more sharply to macro conditions and broader crypto volatility, with allocators often cutting Ether exposure before trimming Bitcoin when risk appetite tightens. For investors using ETF flows as a positioning signal, the more informative lens is weekly trends rather than any single day. A sustained multi-week run of Bitcoin inflows alongside Ether outflows would carry more weight than Monday's figures alone. The day's split is a reminder that "crypto" is not one trade: Bitcoin and Ether are drawing different investor profiles, reacting differently to the same backdrop, and generating distinct signals through the ETF structure.

Apple temporarily removed Telegram from the App Store after identifying content that breached its policy prohibiting child sexual abuse material, according to Bloomberg.

ME News, Aug. 4 (UTC+8) — BBX data show that several publicly listed companies released updated disclosures on crypto treasury rebalancing and accumulation over the past day. Strategy divests $104.7 million in BTC for dividends and repurchases: Strategy Inc. (NASDAQ: $MSTR) said in an SEC Form 8-K that it sold 1,638 BTC between July 27 and Aug. 2, 2026, at an average price of about $63,957 per bitcoin, for roughly $104.7 million in proceeds. The company used about $52.4 million to pay preferred stock dividends and allocated about $52.3 million to repurchase STRC preferred shares. As of Aug. 2, Strategy held 842,138 BTC with a total cost basis of approximately $63.51 billion, implying an average cost of $75,419 per BTC. BitMine adds 10,399 ETH in a week: Bitmine Immersion Technologies (NYSE: $BMNR) disclosed it increased its Ethereum holdings by 10,399 ETH last week. As of Aug. 2, 2026, its ETH holdings stood at 5,797,813 ETH, equal to about 4.8% of Ethereum's total network supply. Capital B makes a small BTC addition: French-listed Capital B (Euronext: $ALCAP) announced it bought 1 BTC on the secondary market, lifting total Bitcoin holdings to 3,140 BTC. The Smarter Web Company adds 9 BTC: London-listed tech firm The Smarter Web Company (LSE: $SWC) reported it recently acquired 9 BTC, bringing its total Bitcoin holdings to 2,712 BTC. Source: ChainCatcher

Bain Capital-backed automotive wiring harness maker Dhoot Transmission will open its initial public offering (IPO) for subscription from August 10 to August 12. The company has set a price band of Rs 829–871 per share. The IPO comprises a fresh issue worth Rs 14 billion and an offer for sale of about 190 million shares. The selling shareholder is Bain Capital, exiting part of its stake. At the top end of the price band, the issue is expected to raise Rs 306.689 billion. Post listing, the company's implied market capitalisation is estimated at around Rs 1,781.614 billion.

Need a quick catch-up? Here are today's top 10 stories. 1) NEAR Protocol cofounder Illia Polosukhin proposed creating a protocol sovereign fund to finance public goods such as network security. 2) Telegram said its app has been restored on Apple's App Store after briefly disappearing. 3) OpenAI said an internal version of its next major model generated 10 new results on unsolved math and computer science problems using about $2,000 worth of tokens. 4) China is increasingly concerned that Anthropic's Mythos could be used against its economy, creating a new flashpoint ahead of the planned Xi–Trump summit, Bloomberg reported. 5) Galaxy Research said losses tied to the COLDCARD hack have surpassed $100 million, with 1,596 BTC confirmed stolen and a potential total rising to $130 million. 6) An FBI agent is accused of stealing roughly $1 million in crypto from a suspect's accounts and later confessed it was "eating him up inside," according to court documents. 7) The White House has not responded to Senators Thom Tillis and Ruben Gallego's ethics counterproposal, leaving the biggest sticking point in the Clarity Act unresolved, Eleanor Terrett reported. 8) President Donald Trump said Iran faces "decapitation" if it does not strike a deal, calling it Iran's last chance before a major attack. 9) Senate Majority Leader John Thune said he still expects the Senate to vote on the crypto CLARITY Act within the next four days, before lawmakers depart for the August recess. 10) Strategy sold 1,638 BTC, cutting its holdings to 842,138 BTC.

Nazara Technologies reported its results for the first quarter of FY2027, posting a consolidated net loss of Rs 82.47 crore. Revenue fell 14% year-on-year to Rs 428.77 crore. The company said founder and CEO Nitish Mittersain will step down from the role effective September 1, 2026. Nazara also announced plans to acquire Spanish social gaming platforms Bluetile Games and BestPlay Systems in full. The combined consideration is about Rs 2,909 crore. The weaker fundamentals and the leadership transition are expected to be key factors shaping investor sentiment and the stock's valuation.

US Treasury Secretary Scott Bessent said the United States is coordinating with Japan to intervene in currency markets by purchasing Japanese yen, marking Washington's first yen-buying operation in more than 10 years. Bessent confirmed on Aug. 1 that the plan targets roughly $5 billion to $10 billion in yen purchases. The details first drew attention a day earlier, July 31, after cameras captured Bessent's handwritten notes during a Camp David cabinet meeting outlining the proposed range. In public remarks, Bessent described the action as a response to "disorderly yen movements." The yen has been trading near levels not seen in almost four decades against the US dollar. The operation stands out for its coordination. Bessent said US officials worked directly with Japan's Ministry of Finance and the Bank of Japan, deploying US dollars alongside Japanese reserves. Bessent also floated expanding the Federal Reserve's FIMA Repo Facility as a supporting step. The facility allows foreign central banks to temporarily turn US Treasury holdings into dollars, and a larger program could give institutions such as the Bank of Japan more room to manage liquidity without resorting to rapid sales of US government debt. Market implications extend beyond FX. For Bitcoin, direct US dollar selling to buy yen is marginally negative for the dollar. Historically, a softer dollar has tended to align with firmer Bitcoin performance, as BTC is dollar-denominated and becomes cheaper for non-US buyers when the greenback weakens. Traders are also watching the FIMA proposal. Greater access to dollar liquidity without forced Treasury selling could reduce the risk of disorderly moves in the US bond market.