Chris Sununu, chief executive of Airlines for America, said on Sunday that airfares are likely to stabilize even as jet fuel prices have surged over the past six months since the outbreak of war in Iran. According to Sina Finance, he said travel demand remains strong, fares are unlikely to rise sharply, and Asia and Europe will be hit harder. Kayak data showed average jet fuel prices at $3.82 per gallon, down from a May peak of $4 per gallon. U.S. domestic and international airfares both peaked in May, with domestic tickets nearly $100 more expensive than a year earlier and international fares up more than $200 year over year. Sununu said U.S. domestic fares are currently up 20% from a year earlier and “will not keep rising.” He also said airlines are absorbing part of the higher fuel costs themselves, even as jet fuel prices have doubled in some areas. United Airlines and American Airlines both estimated this year’s fuel costs will rise by about $6 billion from last year, with increases of 50% compared with 2025. The U.S. Bureau of Transportation Statistics said in July that higher fuel costs, rather than travel demand, were the main driver of fare increases. In May, U.S. airlines consumed 1.627 billion gallons of jet fuel and paid an average of $4.09 per gallon, nearly double the price in May 2025. Fuel is one of the airline industry’s largest operating expenses, and high oil prices have forced carriers to raise fares and cut flights. Spirit Airlines filed for bankruptcy in May after failing to secure aid from the Trump administration. The United States continues to enforce a maritime blockade of the Strait of Hormuz, through which about one-fifth of global oil exports pass. Iran is keeping the strait closed and is seeking agreements with Oman and other regional countries to open alternative oil export routes.

According to Jin10, Financial Stability Board Chair and Bank of England Governor Andrew Bailey said the global financial system is already strained by energy-driven inflationary pressure, a high-interest-rate environment, and rising investment leverage, and that the introduction of AI risk is adding fuel to the fire.

Turkey’s economy grew faster than expected in the second quarter despite tightening measures introduced to cushion the economic fallout of the Iran war, according to Bloomberg.

Zhipu (02513) rose 7.4% to HK$1,171, with about 5.58 million shares traded for HK$6.219 billion, according to ETNet. The company is due to report interim results after the market close today. Morgan Stanley expects first-half revenue of RMB 967 million, with cloud services accounting for 72% of sales as scale expands. It also forecasts adjusted net loss of RMB 2.3 billion and a year-on-year decline in gross margin to 31.9% as the cloud business mix rises.

Sberbank plans to accept Bitcoin, Ether and USDT as loan collateral once Russia’s central bank approves their use in the regulated market.

According to Jin10, TotalEnergies shares rose 1.9% as a new round of conflict between the United States and Iran pushed oil prices higher.

Federal Reserve Chairman Warsh delivered his first keynote address since taking office in Jackson Hole, and this time the market seemed to understand what he wanted to say.

According to Jin10, TrendForce said its latest panel industry research estimates global smartphone panel shipments at about 2.25 billion units in 2026, with the annual decline narrowing to 2.5% from a previous forecast.

Shanghai Xingyi Cinema Management is close to acquiring a majority stake in Broadway Circuit's mainland China business, according to Bloomberg, citing people familiar with the matter. The people said Broadway Circuit, controlled by Hong Kong film distributor Edko Films, operates 29 cinemas in mainland China, with several new sites under preparation. The deal would lift Xingyi Cinema's total number of cinemas to nearly 200. Xingyi, backed by private equity firm PAG, plans to expand in first-tier cities and attract new audiences to strengthen its mass-market network. The two cinema chains are expected to continue operating independently after the transaction, ETNet reported.

Apple welcomed its third CEO, John Ternus, who officially succeeded Tim Cook on September 1st, but the honeymoon period was practically nonexistent. This 25-year hardware veteran shoulders triple pressures, and Apple, which has already fallen behind in the AI ​​race, is standing at a true historical turning point.

Since 2025, the crypto industry has suffered $3.63 billion in thefts. CEXs (Converted Exchanges) face the primary risk of private key leaks; DEXs (Decentralized Exchanges) are vulnerable to smart contract vulnerabilities, and the harm caused by fake user interfaces and malicious integrations is constantly compounding.

For an AI agent company to succeed, the founder must have a deep understanding of what an AI agent is and how to build one.

Elon Musk claimed on X that AI will be able to do "anything digital at a superhuman level" by the end of next year

Strategy创始人兼执行董事长Michael Saylor与CEO Phong Le参加了投资者直播问答，并回应了市场中的一些热点问题。

A Solana-based token called Trump Digital GOLD briefly soared to a multimillion-dollar valuation after appearing on a Trump-linked social media account, only to collapse by roughly 99% as a concentrated group of wallets sold a huge portion of the token supply.

Stablecoins are not a "boy who cried wolf"; they have already become a real part of economic life. Instead of simply guarding against them, we should proactively design rules to ensure that compliant stablecoins serve the real economy, while resolutely cracking down on illegal "underground stablecoins."

Cronos halted its blockchain after an attacker exploited Tectonic by manipulating the TONIC token price and draining up to $75 million, with around $60 million left trapped on the network. Crypto.com said its app and exchange were unaffected, while Cronos and Tectonic investigate the attack and decide how to recover the frozen funds.