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SanDisk's stock experienced a sharp intraday decline, dropping as much as 10%. This article explores the potential factors behind this significant market movement, analyzing industry shifts and investor sentiment.
Read MoreOn-chain data reveals whale "sat0shi777" had a massive Ethereum short position liquidated—31,600 ETH worth ~$53.5M, resulting in a direct loss of $4.64M. The liquidation occurred after ETH broke its liquidation price, with remaining shorts valued at $38.64M and the next liquidation level close to current prices, potentially influencing further volatility.
Read MoreA top White House economist notes strong overall jobs data aligns with economic resilience but questions unexpected declines in leisure and hospitality employment, suggesting a disconnect between certain sector figures and real-world activity levels.
Read MoreFormer White House economic adviser Kevin Hassett criticized ex-Fed Chair Jerome Powell for remaining on the board, calling it "highly unusual" and hindering new nominations. Hassett previously suggested political motives among some Fed officials, while Powell plans to serve until his term ends in 2028.
Read MoreMajor European countries have formally acknowledged that imposing transit fees on vessels passing through the Strait of Hormuz is an inevitable trend. This decision will reshape global energy transport and geopolitical dynamics, triggering adjustments to international shipping costs and security frameworks.
Read MoreTesla's stock fell more than 5% during trading, with its market capitalization dropping to approximately $1.52 trillion. This sharp decline has prompted investors to reassess the EV sector's outlook and the company's near-term performance.
Read MoreMeta's planned entry into AI cloud infrastructure triggered a sell-off in CoreWeave's bonds, with prices falling for two consecutive days. This has sparked investor concerns about heightened competition in the AI compute market and the financial sustainability of specialized providers, leading to a reassessment of valuations within the AI boom.
Read MoreWeaker-than-expected US non-farm payrolls data for June reduced bets on Federal Reserve rate hikes, triggering a sharp rally in gold and silver prices. Spot gold surpassed $4140/oz, silver hit $62/oz, lifting mining stocks like Harmony Gold and New Pacific Metals.
Read MoreOn July 2nd, spot silver prices surged nearly 5%, breaking above $62 per ounce for the first time since June 24th. This article analyzes the key market drivers behind the rally and explores potential trends ahead.
Read MoreRecent semiconductor stock rebounds contrast with concerns over Meta's plan to sell AI compute. Analysts view this not as peak demand, but as a maturation of AI infrastructure into a commercial, platform-based asset, signaling a new phase for the industry.
Read MoreU.S. job growth slowed sharply to 57,000 in June, well below forecasts. The weak data, coupled with downward revisions, has significantly reduced the case for a Fed rate hike this month. Markets now price in less than a 20% chance of a July move, shifting focus to September.
Read MoreMicrosoft is forming a new 6,000-person unit dedicated to helping enterprise clients with AI strategy and technical deployment. This expert team combines engineering, industry knowledge, and training to accelerate real-world AI implementation and inform Microsoft's own product development.
Read MoreCFTC Chair Mike Selig criticized an Illinois bill imposing high taxes on blockchain transactions, warning it could stifle innovation and undermine Chicago's competitiveness as a major financial hub.
Read MoreU.S. non-farm payrolls fell far short of expectations, adding only 57k jobs. This weak data, coupled with dovish comments from the Fed, eased rate hike fears and ignited a rally in gold and silver, driving safe-haven demand.
Read MoreOn July 2nd, FTSE China A50 Index Futures demonstrated robust performance, surging over 0.75% during the session. This notable gain reflects growing market optimism towards China's core assets, potentially driven by policy expectations and capital flows, offering a key signal for investors monitoring A-share trends.
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