SoftBank Partners with OpenAI to Launch AI Cybersecurity Service in Japan, Masayoshi Son Warns AI Attacks Could Lead to Japan's "Black Ship Crisis"

Well-known trader Killa stated in a post that Bitcoin is unlikely to see the deep capitulation wick widely anticipated by the market, nor will it fall further to the $36,000–$48,000 range. He noted that in past bear cycles, Bitcoin typically forms three key lows, with the last two being the most critical. Bitcoin previously swept the $59,000 level, showing a minor bullish divergence, but failed to break lower with significant momentum afterward. If the market were indeed preparing to drop further toward $40,000, that decline would have already occurred, he argued. Killa believes Bitcoin is now clearly in an accumulation zone, with $57,000 acting as a key benchmark for the overall bottom. Prices could still dip briefly below this level, but a sustained plunge to the extreme lows the market expects is not anticipated. Historical trends support this view: Bitcoin has swept key lows as it did in every prior cycle, and the significance of this signal may be underestimated by the market.

According to market data from BIT (bit.com), U.S. stock markets opened with major indices trading higher: the Dow Jones Industrial Average rose 0.5%, the S&P 500 gained 0.5%, and the Nasdaq Composite increased 0.8%. Apple (AAPL.O) fell 8% after its Q4 revenue guidance missed expectations. Amazon (AMZN.O) jumped over 11%, as its Q2 cloud business growth hit a four-year high.

According to BIT (bit.com) market data, after US stocks opened on Friday, the semiconductor, optical communications and storage sectors generally strengthened, extending their gains from the previous day. Most semiconductor stocks rose, with Marvell Technology (MRVL) up 8.54%, SK Hynix (SKHY) up 8.09%, Intel (INTC) up 6.90%, Arm (ARM) up 6.88%, Lam Research (LRCX) up 6.60%, Applied Materials (AMAT) up 6.34%, and AMD (AMD) up 6.13%. Optical communication-related stocks led the gains, with Applied Optoelectronics (AAOI) up 13.38%, Astera Labs (ALAB) up 13.25%, Coherent (COHR) up 11.91%, Lumentum (LITE) up 10.12%, Corning (GLW) up 7.68%, and Credo (CRDO) up 7.15%. The entire storage sector rose across the board, with SanDisk (SNDK) up 8.49%, SK Hynix (SKHY) up 8.09%, Western Digital (WDC) up 7.84%, Seagate Technology (STX) up 7.63%, and Micron Technology (MU) up 5.91%.

According to market sources, a person familiar with the matter revealed that the U.S. Treasury has notified banks of a possible intervention in the yen market on Friday. (Jinshi)

According to Fox News, US President Donald Trump stated that the Iran war is "progressing smoothly", the US is dealing heavy blows to Iran, and "we have been winning". (Jinshi)

According to South Korean media reports, South Korea’s Doosan Group has signed an agreement with SK Group to acquire semiconductor wafer manufacturer SK Siltron. With the completion of the transaction, Doosan is expected to further enhance its competitiveness in the semiconductor industry, building on its core businesses such as energy and machinery. Doosan, the holding company of Doosan Group, disclosed on the 31st that it has signed a share purchase agreement with SK Group to acquire a 70.6% stake in SK Siltron held by SK, with a transaction value of 2.3 trillion won. However, the 29.4% stake held personally by SK Group Chairman Choi Tae-won is not included in the acquisition. SK Siltron is South Korea’s only semiconductor silicon wafer manufacturer, ranking third in global market share for 12-inch wafers. Last year, the firm’s corporate valuation exceeded 5 trillion won.