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Nomura sets a 116 yuan price target for CXMT, implying over 1200% upside from its IPO price. The report forecasts accelerated market share growth amid persistent global memory supply tightness, with valuation potentially doubling that of key US rivals.
Read MoreSenator Bill Cassidy expresses skepticism about a quick end to the Iran conflict under Trump, advocating for congressional engagement and a national dialogue on peace. He continues to critique the war's economic impact.
Read MoreBinance will remove several leveraged trading pairs, including A/USDC and HIVE/USDC, on July 30 at 14:00 UTC+8. Both cross-margin and isolated margin pairs are affected. Users are advised to manage positions accordingly.
Read MoreOpenAI has officially established its new EU headquarters in Dublin, Ireland. This strategic move involves creating hundreds of jobs and solidifies OpenAI's commitment to the European market, aiming to engage closely with regional regulations and the innovation ecosystem.
Read MoreMeta's Chief AI Officer confirmed the company will launch its own AI Agent framework, designed to provide large models with an "operational layer" for tool calling and context management. This move signals Meta's expansion from foundational models to the application layer, alongside a continued commitment to open-source model releases.
Read MoreBinance Futures will list three new USDT-margined perpetual contracts on July 27th: TMF, TBT, and BITO, tracking leveraged treasury bond ETFs and a Bitcoin strategy ETF. Settled in USDT with up to 25x leverage, these contracts bridge traditional finance with crypto trading.
Read MoreAmid soaring memory chip prices, Apple is lobbying the U.S. government to allow the use of Chinese chips in devices sold overseas, aiming to ease supply chain strain. This faces fierce opposition from U.S. chipmaker Micron, creating a policy dilemma for the Trump administration between consumer costs and domestic industry protection.
Read MoreAsia's private credit fundraising plunged to a 12-year low in H1, with only 5 funds raising $1.2B. High rates and defaults spooked retail investors, but major institutions like Temasek are increasing allocations, betting on long-term value amid the downturn.
Read MoreBinance will implement new delisting and access standards for its Capital Connect platform starting July 27, 2026. Trading teams may be delisted for inactivity or poor performance, while investors risk losing access for inactivity. Both can reapply after waiting periods.
Read MoreMetaplanet's CEO reflects on the firm's Bitcoin treasury journey, noting how market perception swung wildly with price. Despite being labeled a 'gimmick' or 'failed experiment', the firm's core investment thesis remained unchanged, leading to continuous accumulation of Bitcoin, now valued at over $50 billion.
Read MoreOn July 27, JPMorgan released a report significantly raising Intel's price target from $45 to $85, nearly doubling it, while maintaining an 'Underweight' rating. This seemingly contradictory move highlights the market's nuanced view of Intel's strategic transition versus its near-term challenges.
Read MoreA revised draft of the CLARITY bill has been released, merging versions from two key Senate committees and introducing an ethics clause for the first time. The bill is set for a procedural vote next week, with a potential full Senate vote in early August, signaling a more comprehensive regulatory approach.
Read MoreU.S. optical communication stocks rallied in pre-market trading on July 27, reversing last Friday's losses. Credo Technology led gains, with multiple stocks rising over 4%, signaling broad sector strength.
Read MoreU.S. Bitcoin spot ETFs saw over $465 million in outflows on July 23-24, ending a seven-day inflow streak. Fears of Federal Reserve rate hikes overshadowed recent regulatory progress, testing the resilience of Bitcoin's recent rebound despite a net positive week overall.
Read MoreAMD plans to establish an AI research center in South Korea under a new government pact. The initiative focuses on building an open, heterogeneous computing ecosystem, integrating AMD hardware with local AI chip strengths to foster collaboration across the semiconductor and software industries.
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