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CASHCAT’s market cap surges past $75 million, up over 71% in 24 hours.

2 hours ago

According to GMGN market data, the Robinhood Chain meme coin CASHCAT has rebounded to a market capitalization exceeding $75 million, surging more than 71% in the past 24 hours, with a 24-hour trading volume of $17.6 million. BlockBeats reminds users that meme coins are highly volatile, and investors should exercise caution regarding risks.

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Codex Product Lead: Cutting-edge AI applications will undergo major evolution in the coming months, leaving Codex looking outdated.

Tibo, product lead for OpenAI Codex, said that based on recent results, Codex has proven to be an excellent AI workflow framework. However, it could appear quite rudimentary in the next two to three months. We are on the cusp of a major evolution in the application of cutting-edge AI, and next-generation models will require more than just a standard laptop.

10 minutes ago

Binance Alpha will list QUID trading at 21:00, with a point threshold of 243 points.

According to official announcements, Binance Alpha will launch trading for Squid’s QUID token at 21:00 Beijing time today. Users holding a minimum of 243 Alpha points can claim 550 QUID tokens via a first-come, first-served airdrop. If the reward pool is not fully distributed, the point threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop requires 15 Alpha points to be deducted. Users must confirm their claim on the Alpha event page within 24 hours; failure to do so will result in forfeiture of the reward.

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Tencent Hunyuan officially launches its new-generation speech recognition model, Hy ASR 3.0 preview.

Tencent Hunyuan has officially launched its next-generation speech recognition model, Hy ASR 3.0 preview. Leveraging the language understanding capabilities of the latest large language model Hy3, the model generates accurate, coherent transcriptions that align more closely with user intent, even when processing complex real-world inputs. Currently, the model is available via API services on Tencent Cloud’s official website, with broad applications in scenarios such as intelligent customer service, content understanding, and voice search. It has been first launched on Yuanbao and is offered for free; products including WorkBuddy are also being integrated gradually.

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US pre-market trading shows broad gains in semiconductor and storage sectors, with Micron surging over 4%.

According to market data from BIT (bit.com), semiconductor and storage sectors are rising in pre-market trading for US stocks. The gains are as follows: Seagate Technology (STX) up 2.64%; Western Digital (WDC) up 3.32%; SanDisk (SNDK) up 3.44%; Micron Technology (MU) up 4.015%; SK Hynix ADR up 3.08%; Lam Research (LRCX) up 2.94%; NVIDIA (NVDA) up 0.95%; Intel (INTC) up 3.46%; Advanced Micro Devices (AMD) up 3.52%.

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US pre-market trading sees SpaceX leading a rally in space concept stocks, with its first earnings report due after market hours.

According to market data from BIT (bit.com), most U.S. space-themed stocks rose in pre-market trading. SpaceX’s first earnings report since its listing will be released after the market closes, with investors focusing on the performance of its three core businesses: rockets, Starlink, and AI. Market forecasts show SpaceX’s Q2 revenue will be around $6.88 billion, with a per-share loss of $0.23 and quarterly EBITDA of approximately $2.1 billion. Full-year revenue is expected to hit around $39 billion, with EBITDA of about $17.3 billion. SpaceX (SPCX) rose 1.59% to $116.4; Virgin Galactic (SPCE) fell 1.7%; AST SpaceMobile (ASTS) gained 4.6%; Rocket Lab (RKLB) climbed 3.46%; Redwire (RDW) rose 3.53%.

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Samsung Electro-Mechanics will accelerate the construction of its new MLCC factory in the Philippines.

Samsung Electro-Mechanics plans to commence operations at its new multi-layer ceramic capacitor (MLCC) plant in the Philippines at the end of the first quarter of next year. The company began negotiating investment terms with local authorities at the end of last year, a timeline of just 15 months to date. Analysts note that this move marks the full launch of Samsung Electro-Mechanics' "order-linked rapid expansion" strategy, which aims to accelerate mass production by leveraging long-term agreements (LTAs) signed with global major tech companies.

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