Trump Boasts: Iran Is 'Totally Defeated,' U.S. No Longer Weak

Bank of America (BofA) has reaffirmed its "Buy" rating on Micron Technology, with a target price of $1,550, and described the recent sell-off as an "enhanced buying opportunity." The bank forecasts memory prices will start normalizing in 2027–2028, while Micron’s fundamentals remain strong. BofA projects Micron’s fiscal 2028 earnings per share (EPS) to be around $150, and $100 in a bear case—still far higher than the previous cycle’s peak of roughly $12.

According to a Bloomberg report, Blackstone Group has held preliminary discussions with investors to gauge their interest in a second massive debt financing plan, designed to fund Anthropic PBC’s use of chips from Alphabet’s Google. Per people familiar with the matter, the preliminary proposal involves at least $36 billion in debt, which would exceed the $35 billion debt package agreed by Apollo Global Management Inc. and Blackstone roughly two months ago. This potential new financing round comes after Anthropic secretly filed its initial public offering (IPO) application with the U.S., as the company aims to go public ahead of its rival OpenAI.

Official announcements from Binance Alpha clarify the reward distribution plan for MarsCoin holders, as follows: For Binance Wallet holders: Rewards will be automatically disbursed to users’ on-chain Binance Wallet addresses via Flap in line with its allocation rules. For Alpha 2.0 (CEX) holders: Since Flap’s rewards will be sent to the Binance Alpha Treasury Contract address, Binance Alpha will calculate rewards based on users’ average monthly holdings, with a daily random snapshot taken. Eligible users must maintain an average monthly holding of at least 10,000 MarsCoin. Last month’s rewards will be distributed to eligible users’ spot accounts in the form of SPCXB at the start of next month. Reward eligibility is subject to applicable products and jurisdictions, including whether users are eligible to access bStocks on Binance. The reward distribution is set by the token deployer in the token contract, leveraging infrastructure from standard token issuance platform Flap. Binance only acts as a distribution coordinator for eligible holders on its platform.

US Secretary of State Rubio said there is no final resolution to the Strait of Hormuz issue, but he expressed hope that an agreement will be reached soon.

Ethereum Foundation member Justin Drake and his team have proposed a new Ethereum Improvement Proposal (EIP) numbered 8361, designed to lower Ethereum’s inflation rate. Under the proposal, if the proportion of staked ETH surpasses 50%, staking yields would be reduced to 0%; based on current staking volumes, this would halve staking rewards to 1%.

According to market data from BIT (bit.com), the Nasdaq 100 Index rose more than 2%, hitting its highest level since July 15.