Lookonchain APP

App Store

Online reports indicate that South Korea’s previously expected aggressive investment of 2000 trillion won has materialized at 800 trillion won, easing market sentiment and triggering a minor rebound in the stock prices of Samsung and SK Hynix.

2 hours ago

Hyperinsight’s monitoring shows that South Korea’s semiconductor sector rebounded in the afternoon. The previously-feared 2,000 trillion won investment plan was ultimately realized as a semiconductor project worth around 800 trillion won (approx. $518 billion). This is likely because capital expenditure pressure fell short of some market participants’ expectations, leading to eased risk aversion and narrowed losses. On Hyperliquid, SK Hynix (1H) rebounded by 4.5% at one point, currently quoted at $1,730; Samsung Electronics rose 2%, currently at $214. Currently, the average entry price of long positions for large holders of the two on-chain assets is $1,608 and $217.3 respectively, with Samsung Electronics trading below the moving average of long-position whales.

Relevant content

The US storage sector rallied broadly in pre-market trading, with Micron rising 2.16%.

According to Bitget market data, the U.S. stock storage sector saw broad pre-market gains, with individual stocks performing as follows: Seagate Technology (STX) up 1.55%, Western Digital (WDC) up 2.48%, SanDisk (SNDK) up 1.59%, and Micron Technology (MU) up 2.16%.

1 seconds ago

A whale who made $13.68 million by shorting 16 altcoins transferred 6,860 ETH to Binance.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid whale who previously shorted 16 altcoins to net $13.68 million is suspected of reselling ETH. Since June 24, the address has transferred ETH worth $21.82 million to trading platforms, with an estimated total loss of $5.485 million. Four hours ago, the same address deposited an additional 6,860 ETH (valued at $10.8 million) into Binance; selling this would incur a $2.86 million loss.

1 seconds ago

SK Hynix: Will Flexibly Adjust Financing Scale and Timing Based on Market Conditions

SK Hynix officials said financing for its new factory will primarily be based on operating cash flow, with the scale and timing of financing adjusted flexibly according to market conditions. The company is also exploring multiple financing options, including partnerships with global partners.

1 seconds ago

Goldman Sachs: US stocks likely to see another strong earnings season, with economic growth and the AI boom expected to drive earnings per share growth.

Goldman Sachs strategists said that driven by a "solid macro backdrop" and the artificial intelligence investment boom, the U.S. stock market is likely to see another strong earnings season. The team led by Ben Snider noted that the S&P 500’s earnings trend is strong enough to surpass analysts’ already elevated expectations. In a report, Snider wrote that AI infrastructure stocks are projected to contribute roughly 60% of second-quarter earnings per share (EPS) growth, with Micron Technology and NVIDIA together accounting for over 40% of that total.

1 seconds ago

Samsung announces 2655 trillion won investment plan.

Samsung announced an investment plan totaling 2655 trillion won, with 2030 trillion won earmarked for semiconductor industrial clusters in Yongin and Pyeongtaek, South Korea.

1 seconds ago

ECB Governing Council Member Kazaks: There is no need to rush multiple interest rate hikes at this time.

ECB Governing Council member Kazaks said there is no need to rush multiple interest rate hikes for now. (Jinshi)

1 seconds ago