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Canaan's Chairman/CEO Nangeng Zhang and CFO James Cheng have collectively purchased over 1 million ADS in the open market at an average price of $0.35 per share, signaling strong insider confidence in the company's future trajectory.
Read MoreWhile Oman reiterated no tolls for Hormuz Strait, analysts say strict transit control remains the real issue. Shipping data shows slight improvement but limited freedom, with tolls being a secondary concern.
Read MoreU.S. Secretary of State Rubio stated that Gulf nations expressed "zero support" for imposing tolls on the Strait of Hormuz during recent talks. The U.S. pledged not to undermine its Gulf partners and acknowledged their serious regional security concerns.
Read MoreTrendForce reports NVIDIA is developing an 800V high-voltage DC power rack for Q3 2026 delivery as part of the VeraRubin platform. The RubinUltra rack will reach 660kW power consumption, with next-gen air-cooled systems hitting 1.2-1.3MW. 800V power technology is expected to gain significant adoption after late 2027.
Read MoreAs Bitcoin's price dropped to around $59,100, the number of BTC held at a loss has surged to a record 10.83 million. Long-term holders now possess 14.8 million BTC, with over one-third currently in an unrealized loss position.
Read MorePeckShield Alert reports that Gnosis' official X account was potentially compromised on June 25. The community warns users to avoid any interaction or clicking links from the account to prevent risks. An investigation is ongoing.
Read MoreOn June 25, the Hong Kong Monetary Authority provided HK$20 million in liquidity to banks through its discount window facility. This operation aims to ensure smooth interbank payments and maintain overall financial stability, reflecting the authority's routine use of policy tools to manage market conditions.
Read MoreLenovo Group has successfully issued $2 billion in zero-coupon convertible bonds. This financing move optimizes the company's capital structure and demonstrates its flexible approach to capital management. The innovative financial instrument is expected to support future technology investments and global expansion.
Read MoreOn June 25, SpaceX (SPCX.US) saw a notable pre-market surge, with gains expanding to over 4%. This movement reflects heightened market interest and signals potential momentum ahead of the regular trading session.
Read MoreInvestment firm Stifel recently lowered Microsoft's price target from $415 to $400. This article analyzes potential market factors, industry trends, and challenges facing the tech giant, offering investors a multi-dimensional perspective.
Read MoreIraq's Oil Ministry has officially clarified that recent reports suggesting the country is considering leaving OPEC do not reflect the government's stance. The ministry reaffirmed Iraq's commitment to current production agreements and market stability.
Read MoreIBM's stock jumped over 6% in pre-market trading following the announcement of the world's first sub-1 nanometer chip technology. This breakthrough promises up to 50% performance gains and 70% better energy efficiency, positioning it to power next-gen AI and cloud infrastructure.
Read MoreIBM has unveiled the world's first sub-1 nanometer chip technology, a landmark achievement. Packing nearly 100 billion transistors into a fingernail-sized area, it delivers up to 50% higher performance and 70% better energy efficiency than its 2nm predecessor. This breakthrough, powered by 3D stacking and material innovations, proves continued scaling is possible at atomic levels, fueling next-gen AI and computing.
Read MoreCircle and Nomura plan to launch an enterprise-focused stablecoin settlement service in Japan by 2027. The service aims to facilitate instant foreign exchange and cross-border payments for businesses using stablecoins.
Read MoreAnalysts interpret Micron's latest earnings as confirming a robust AI investment cycle, boosting semiconductor sentiment. The key insight: if profit outlooks support high valuations, investors are willing to tolerate short-term market fluctuations.
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