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Crypto

Grayscale CEO says institutional flows, corporate adoption matter more than bitcoin\'s 20 percent surge

Peter Mintzberg (피터 민츠버그), chief executive of Grayscale, said institutional inflows and broader corporate adoption matter more than short-term cryptocurrency price swings. He said markets focusing only on bitcoin’s recent 20 percent weekly jump miss larger shifts, pointing to bitcoin-linked ETP flows and expanding blockchain use by companies. He also cited survey data on institutional investors planning to raise crypto allocations and argued blockchain can complement AI in payments and identity.

Industry

Hyundai Motor considers selling humanoid robots through dealer network

Hyundai Motor is considering selling humanoid robots and robot dogs through its existing car dealer network and exploring whether Hyundai Capital can provide similar financing support for robots. CEO Jose Munoz raised the possibility at an investor event. The plan builds on Hyundai Motor Group\'s robotics push, including its 2021 acquisition of an 80% stake in Boston Dynamics. The consumer robot market remains early, and Hyundai has not clarified target buyers.

Industry

Nvidia Q2 net profit $59.7 billion, up 126 percent year on year

Nvidia posted fiscal 2027 second-quarter revenue of $96.2 billion and net profit of $59.7 billion, beating market expectations. Revenue rose 106 percent and net profit gained 126 percent from a year earlier, while gross margin increased to 75 percent. Data center revenue climbed to $89.0 billion, above a Bloomberg-compiled estimate. Nvidia forecast next-quarter revenue of $108.0 billion, plus or minus 2 percent, and said the outlook excludes China data center computing revenue.