JPMorgan raises Apple's price target from $325 to $345.

Amazon plans to raise at least $25 billion through U.S. dollar bond issuance.

According to BIT (bit.com) market data, in pre-market trading for U.S. stocks, the storage sector led declines: Western Digital (WDC) fell 7.30%, Seagate Technology (STX) dropped 5.97%, Micron Technology (MU) declined 5.34%, and SanDisk (SNDK) fell 5.01%. Semiconductor stocks were broadly lower, with Lam Research (LRCX) down 5.56%, Applied Materials (AMAT) down 5.48%, Marvell Technology (MRVL) down 4.68%, KLA (KLAC) down 4.50%, Arm (ARM) down 4.13%, AMD (AMD) down 3.85%, ASML (ASML) down 3.74%, and Intel (INTC) down 3.54%. Optical communication concept stocks also faced pressure in pre-market trading: Astera Labs (ALAB) fell 3.72%, Ciena (CIEN) dropped 3.63%, Coherent (COHR) fell 3.63%, Lumentum (LITE) declined 3.59%, and Corning (GLW) fell 3.55%.

BlackRock said Tuesday it will launch an ETF tracking the tech-heavy Nasdaq 100 index, designed to meet investors' growing demand to tap into the AI-driven stock market rally. The "iShares Nasdaq 100 ETF" from the world's largest asset manager will track the leading U.S. benchmark index and begin trading on Thursday. The move comes shortly after Nasdaq revised its inclusion rules to accelerate the addition of newly listed firms such as SpaceX to the index. BlackRock's new ETF will compete with Invesco's Nasdaq 100-related products; Invesco has long dominated this segment, with its QQQ Trust Series 1 and Nasdaq 100 ETF being popular among investors seeking exposure to large-cap growth and tech stocks. Last month, State Street also launched a Nasdaq 100 ETF. (Source: Jinshi)

Renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, has stated in a post that he is considering selling a portion of his Bitcoin holdings and reallocating the proceeds to gold. Based on current market trends, gold could see a substantial rally relative to Bitcoin.

According to monitoring by Onchain Lens, Bitwise purchased 33,600 HYPE tokens via Wintermute, valued at approximately $2.4 million.

Amazon (AMZN) announced the launch of an eight-tranche U.S. investment-grade bond offering.