Global technology equities have traded with heightened volatility after rising long term U.S. Treasuries weighed on growth valuations. The pullback eased as yields cooled and Nvidia posted stronger-than-expected results, supporting a rebound in U.S. and Chinese tech stocks.

Sina Finance analysts note that rate moves influence risk appetite and valuations, but the current weakness cannot be explained by high U.S. Treasuries alone. As the AI industry moves into a phase of large-scale capital spending and real-world validation, the market is shifting from asking whether compute demand exists to evaluating commercialization potential, technological leadership, and the ability to deliver future profits.

On August 26, the Dow Jones Industrial Average declined 0.21 percent, the S&P 500 slipped 0.02 percent, and the Nasdaq Composite fell 0.08 percent. Nvidia dropped 1.59 percent ahead of its earnings release, while Apple, Meta, and Microsoft each rose more than 1 percent.

After the close on August 26, Nvidia reported fiscal second quarter 2027 revenue of 96.22 billion dollars, up 106 percent year over year, with adjusted earnings per share of 2.22 dollars, up 120 percent year over year. The company forecast third quarter revenue of 105.84 billion to 110.16 billion, above the market estimate of 105.15 billion.

Following the report, Nvidia shares at one point rose more than 5 percent in after-hours trading, and storage, networking equipment, and other AI compute-related stocks also strengthened.

Japan's August data from Tokyo showed the core consumer price index excluding fresh food rising 1.8% from a year earlier, matching economists' forecasts and up from 1.7% in July.

Tokyo inflation is often treated as a leading gauge for nationwide price growth, though local government measures — such as tuition-fee reductions — can distort the readings from time to time.

The core-core CPI, which excludes both fresh food and energy, was up about 2% year on year, while the overall CPI increased 1.9%.

Major contributors to the gain were higher costs for education, entertainment, durable goods, and medical care.

Although measures aimed at easing living costs have been introduced, price pressures persisted, reinforcing expectations that the Bank of Japan could move on rates in the near term.

Markets priced in roughly an 82% chance of a September rate hike, with traders noting inflation risks remain elevated even after last month's U.S.-Japan policy actions.

BoJ Deputy Governor Ryozo Himino did not directly push back on market expectations, instead signaling that policymakers should remain mindful of upside risks to inflation from here.

Nvidia has halted a subset of deals that offered credit support in exchange for a share of revenue, people familiar with the matter said.

ChainCatcher's report noted that the specifics of which transactions were affected were not disclosed, nor the reasons behind Nvidia's decision to pause the arrangements.

Some Nvidia employees have told current and prospective customers that the project could trigger antitrust scrutiny.

ChainCatcher says The Wall Street Journal reported these concerns.

According to Wallstreetcn, U.S. President Donald Trump announced on social media that Ben Moss will assume the roles of presidential assistant and White House secretary, with duties starting on September 2.

A federal judge on August 26 lifted a nationwide injunction against new U.S. Postal Service rules governing the mailing of ballots.

The rules require states to redesign ballot envelopes and upload voter lists to the Postal Service, and authorize the Postal Service to decline mailing ballots if the required preparations and data are not met.

Jin10 reports that the U.S. Treasury has issued general licenses covering Venezuela's oil and gas industry, gold production, and mineral operations, including activities tied to Petróleos de Venezuela (PDVSA).

Rezaei, the secretary of Iran's Supreme National Security Council, said Tehran will counter any measures that escalate tensions in the economic sphere and will target U.S. economic interests in the region. The remarks were reported by Jin10.

Citing Jin10, WTI crude rose by $0.60 to $82.77 per barrel, while Brent gained $0.70 to $88.03 per barrel.

The stock traded above the $135 level for the first time in 12 weeks, gaining as much as 10% intraday, according to MSX.COM data.