华尔街对冲基金遭网络攻击，多家巨头受影响

SHERY: THIS IS "THE ASIA TRADE." WALL STREET FIRMS HAVE BEEN HIT BY A WAVE OF CYBERATTACKS SAID TO BE TARGETING INFORMATION SYSTEMS OF MAJOR MONEY MANAGERS. ASIAN EQUITIES SET TO OPEN LOWER AS THE U.S. OIL AND FOCUS AFTER RON SAID IT HAS REACHED AN AGREEMENT WITH OMAN OVER THE STRAIT OF HORMUZ. PRESIDENT TRUMP IS SAID TO BE READING TARIFFS OF 50% ON SILICON TO BOOST DOMESTIC PRODUCTION. HAIDI: TAKE A LOOK AT THE CENTER FOR TRADING ACROSS ASIA.

WE HAD THAT ENERGY SUCKED OUT OF THAT RISK ON TRADE OVERNIGHT. EVEN AS WE SEE U.S. FUTURES HOLDING PRETTY STEADY AT THE MOMENT. STOCKS IN ASIA POISED TO SEE THAT FURTHER EASING. INVESTORS DIGESTING RECENT GAINS IN AI RELATED AND TECH SHARES. PROBABLY SOME PROFIT-TAKING GOING ON WHILE WATCHING FOR FRESH SIGNS OF SOLID PROGRESS TOWARDS THAT DEAL TO REOPEN THE STRAIT OF HORMUZ. KOSPI FUTURES LOOKING LOWER. 1.6% LOWER UNSURPRISING GIVEN THE SLIDE OVERNIGHT.

OIL STILL REALLY TRYING TO HOLD ON TO THAT STORY, THAT DROP HELD AS WE SEE IRAN AND OMAN REACHING THE AGREEMENT WHEN IT COMES TO THE STRAIT OF HORMUZ. NOT A GREAT DEAL OF STEEP DROPS WE ARE TALKING ABOUT, A QUARTER OF 1% OR LESS FOR NEW YORK TRADED OIL AT THE MOMENT. WE SEE THE JOINT STATEMENT BETWEEN THE TWO COUNTRIES NOW UNDER REVIEW. SHERY: TAKE A LOOK AT WHAT HEDGE FUNDS HAVE BEEN DOING FOR THE PAST MONTH. IT'S BEEN HECTIC.

WE HAVE SEEN THE TURBULENCE IN AI POSITIONS IN THE MOMENTUM EFFECTIVE REVERSAL. NOW THEY FACE ANOTHER CHALLENGE, SOURCES SAYING HACKERS HAVE LAUNCHED A WAVE OF ATTACKS ON MAJOR MONEY MANAGERS IN RECENT DAYS TARGETING THEIR INFORMATION SYSTEMS. HEMA PARMAR JOINS US NOW WITH MORE FROM NEW YORK. WHEN THE ATTACKS CAN BECOME MARKET STRUCTURE THREATS, HOW BIG AND SIGNIFICANT ARE WE TALKING ABOUT WHEN IT COMES TO THESE CYBERATTACKS ON THESE COMPANIES?

HEMA: WE ARE SEEING SOME OF THE WORLD'S BIGGEST HEDGE FUNDS ATTACKED IN THIS ATTEMPT. WE ARE TALKING SAID A DELL MILLENNIUM, POINT72, TWO SIGMA. THESE FIRMS COLLECTIVELY MANAGE HUNDREDS OF BILLIONS OF DOLLARS. WE ARE SEEING INCREASING NUMBER OF ATTACKS AS AI TECHNOLOGY TAKES OVER. WE KNOW THAT POINT72 SENT A LETTER TO INVESTORS TELLING THEM INITIAL INDICATORS OF WHERE -- WITH THAT THERE WAS NO CLIENT INFORMATION STOLEN.

TWO SIGMA SAYS THEY HAVE NO INDICATION OF ANY IMPACT TO ITS SYSTEMS. THIS REALLY POINTS TO A GOING CONCERN AND HIGHLIGHTS THE IMPORTANCE OF CYBERSECURITY THESE DAYS. SHERY: THERE ARE SO MANY DIFFERENT TYPES OF CYBERATTACKS THESE DAYS. DO WE KNOW WHAT TYPE OF ATTEMPT IT WAS? WHAT WAS DONE IN ORDER TO AVOID IT? ARE REGULATORS DOING ANYTHING AT THIS POINT? HEMA: THIS IS A VISHING ATTACK, VOICE PHISHING. CYBER HACKERS CAN EMPLOY TECHNOLOGY TO MIMIC THE VOICE AND SOUND OF PEOPLE ON THE PHONE TO ALERT PEOPLE INTO BELIEVING IT IS NOT TECHNOLOGY AND HAVE PEOPLE REVEAL SENSITIVE INFORMATION.

THIS TECHNOLOGY IS BECOMING MORE PREVALENT. WE ARE SEEING SOME NEWS ON THE FINANCIAL INDUSTRY'S REGULATORY ASSOCIATION. THEY OPENED A PORTAL IN MARCH TO SHARE INTELLIGENCE ABOUT FRAUD THREATS AND COORDINATE RESPONSES. THIS IS SOMETHING EVERYONE IS PAYING ATTENTION TO. YOU SEE THREATS OF CYBERSECURITY ALL THE TIME. WE ARE GETTING THE SENSE WITH THE ADVENT AND POPULARITY OF AI TECHNOLOGIES REALLY BEING BUILT INTO A LOT OF THESE FIRMS THESE DAYS THERE ARE ADDED RISKS THAT COME WITH THAT.

SHERY: THIS IS SO IMPORTANT WHEN WE TALK ABOUT ALL PARTS OF THE FINANCIAL SECTOR. WHETHER IT IS PRIVATE MARKETS OR HEDGE FUNDS. THERE IS SO MUCH ACTIVITY THESE DAYS WHEN IT COMES TO THIS SECTOR. TALK US THROUGH A LITTLE OF WHAT'S HAPPENING AROUND SAID ADELE AND SITUATIONAL AWARENESS. THAT SAID ADELE. THEY HAD -- SACITADEL. HEMA: SITUATIONAL AWARENESS. THEY INVESTED $400 MILLION IN A PRIVATE COMPANY JUST YESTERDAY. THIS IS SHOWING THEY ARE BACK INVESTING AFTER AN INCREDIBLY TUMULTUOUS COUPLE OF WEEKS, ESPECIALLY LAST WEEK WHEN THEY WERE FORCED TO SELL A GOOD CHUNK OF THEIR STOCK BOOK TO BE MARGIN CALLS.

THIS NEWS SHOWS VERY SHORTLY AFTER THEY ARE PUTTING A DECENT SUM OF MONEY TO WORK ON TOP OF INVESTING ABOUT $100 MILLION IN THE SAME PRIVATE COMPANY LAST WEEK. ALSO INTERESTINGLY A COUPLE OF DAYS AFTER THE FOUNDER'S WEDDING THIS PAST WEEKEND. SHERY: HEMA PARMAR WITH THE LATEST. A META-AI MODEL REPORTEDLY ACCESSED THE UNITY DURING CYBERSECURITY TESTING AND BREACHED ANOTHER COMPANY'S SYSTEMS. IT HAPPENED BECAUSE OF AN ERROR IN THE SANDBOX ENVIRONMENT.

IT COMES AFTER OPENAI AND ANTHROPIC DISCLOSED SIMILAR INCIDENTS OF THEIR MODELS TAKING UNSANCTIONED ACTIONS DURING SAFETY TEST. LET'S TAKE A LOOK AT WHAT ELSE IS HAPPENING IN THE MARKETS AND HOW WE ARE SETTING UP TODAY. MARK GRENVILLE JOINS US NOW. WE HAVE THESE ONGOING THREATS. POTENTIALLY WORRISOME SIDE OF AI STILL BEING TOP OF MIND AS WELL. WE ARE ALSO SEEING A LITTLE BIT OF THAT RISK AVERSION COMING THROUGH AFTER WHAT CONTINUES TO BE A VOLATILE TIME FOR THIS TRADE.

MARK: YEAH. I THINK AI WILL BE A HOT TOPIC FOR THE ASIAN MARKETS. WE SAW THE PHILADELPHIA STOCKS INDEX REVERSED TO SOME EXTENT LAST NIGHT AFTER A FEW GOOD DAYS. ONE OF THE THEMES PEOPLE WILL BE CONCERNED ABOUT WITH THE CIRCULARITY OF INVESTING BETWEEN THE VARIOUS COMPANIES. THERE'S A REPORT ON BLOOMBERG THAT MICROSOFT IS GETTING MOST OF ITS AI EARNINGS FROM OPENAI, WHICH IS A COMPANY HEAVILY INVESTED IN AND HELPING TO SUPPORT.

YOU HAVE OTHER FIRMS LIKE NVIDIA AND META ALSO CLOSELY INVOLVED WITH OPENAI AND ANTHROPIC AS WELL. THAT THEME WHICH IS DISTURBING DURING JULY, THERE WAS TOO MUCH MONEY GOING FROM ONE TECH FIRM BACK INTO AI AND THEN BACK INTO THE DATA CENTERS AND GOING ROUND AND ROUND IN CIRCLES AND NOT REALLY PRODUCING THE KIND OF RETURNS PEOPLE ARE HOPING FOR. IT LOOKS AS THOUGH IT WILL BE BACK IN THE FOREFRONT TODAY FOR INVESTORS WHEN THEY LOOK AT ASIA.

WE WERE EXPECTING THE KOSPI TO BE LOWER. THE FUTURES MARKET DECLINED OVERNIGHT. IT WILL BE A BUMPY START FOR ASIAN MARKETS. WHETHER THEY ARE JAPANESE COMPANIES WHO CAN SHIFT THEMSELVES AWAY FROM THAT. WE HAVE SOFT BANK EARNINGS TODAY, ONE OF THE LARGEST INVESTORS IN OPENAI. WE MIGHT GET A READ ON WHAT THEY THINK ABOUT VALUATIONS IN THAT RESPECT. IT LOOKS LIKE IT WILL BE A CHOPPY START HERE IN ASIA TODAY. ONCE AGAIN, THE AI THEME WILL BE DOMINANT ACROSS THE KOREA, JAPANESE AND TAIWANESE MARKETS AS WELL.

HAIDI: WE ARE SEEING INTERESTING SIDE EFFECTS OF THE YEN INTERVENTION AND GAINS. WE WANT TO KNOW HOW LONG-LIVED THEY ARE GOING TO BE. WE ARE SEEING SOME DIVERSIFICATION WHEN IT COMES TO E.M. CARRY TRADES. MARK: YEAH. THERE'S BEEN HEAVY INTERVENTION. THE U.S. AND JAPAN TOGETHER. HERE WE ARE. NEAR THE 158 LEVEL. IT HAS NOT SHOWN A GREAT DEAL OF PROGRESS. THAT TO SOME EXTENT IS REASSURING FOR PEOPLE THAT WANT TO DO CARRY TRADES AND NOT IN THE HIGHER YIELDING CURRENCIES.

MAYBE THEY WILL SHIFT MORE TO THE EURO OR OTHER CURRENCIES. THE SWISS FRANC IS OFTEN USED FOR CARRY TRADES AS WELL. THAT WILL COME INTO PLAY. THE BALL IS IN THE COURT OF THE BANK OF JAPAN. THERE'S A GOOD MACRO VIEW FROM OUR LUNDBERG -- OUR LONDON COLLEAGUE SAINT DOLLAR-YEN IS LIKELY TO DECLINE QUITE SHARPLY. PARTLY BECAUSE THE BANK OF JAPAN IS BEING PUSHED INTO A CORNER WHERE THEY MAY WILL NEED TO RAISE INTEREST RATES MORE QUICKLY.

THAT IS NOT SOMETHING THEY PARTICULARLY WANTED TO DO. IF YOU LOOK AT THE PRESSURE FROM SCOTT AND THE UNITED STATES, MAY BE INTERNALLY AS WELL, INFLATION NUMBERS ARE STILL TOO HIGH AND JAPAN. TRADERS ARE BETTING THAT THE SEPTEMBER MEETING IS NOW A COIN TOSS. THE BANK OF JAPAN WITH OCTOBER PRETTY MUCH PRICED IN. WE GET THIS UNUSUAL SITUATION WHERE MARKETS ARE LOOKING FOR THE BANK OF JAPAN TO RAISE RATES TWO MEETINGS IN A ROW.

WE HAVE NOT SEEN THAT FOR A VERY LONG TIME AND JAPAN. -- IN JAPAN. RELATIVE SILENCE FROM BANK OF JAPAN NUMBERS AND THERE IS AND WAS SCHEDULED TO SPEAK FOR A COUPLE WEEKS. WE HAVE A SUMMARY OF OPINIONS ON MONDAY. THAT WILL GET A LOT MORE ATTENTION THAN USUAL. PEOPLE LOOKING TO SEE ARE THE HAWKS IN THE BANK OF JAPAN COMMITTEE -- WHICH THERE SEEMS TO BE MORE OF THOSE THAN DOBBS AT THE MOMENT -- ARE THEY GETTING THE UPPER HAND?

CAN THEY PUSH IT THROUGH