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Following the release of September’s U.S. PPI and retail sales data, U.S. Treasury yields declined across the board.

55 minutes ago

Following the release of U.S. September PPI and retail sales data, U.S. Treasury yields fell across the board, with long-dated yields posting the steepest declines. The 20-year U.S. Treasury yield traded at 5.434%, down 14.6 basis points (bps) on the day; the 30-year yield stood at 5.385%, down 14.1 bps; the 10-year yield was at 5.054%, down 13.6 bps; and the 5-year yield dropped 11.5 bps.

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The Philadelphia Semiconductor Index is on track to erase more than $2 trillion in market capitalization within seven trading days.

According to market data from BIT (bit.com), the Philadelphia Semiconductor Index is set to lose over $2 trillion in market capitalization within seven trading days.

2 minutes ago

Trump's Artificial Intelligence Task Force will hold a meeting on Thursday.

A spokesperson for the U.S. Federal Trade Commission (FTC) said that Trump's AI Task Force will hold a meeting on Thursday.

2 minutes ago

US stock market opens, Nasdaq falls 1.29%; SK Hynix and SanDisk plunge 6%.

According to market data from BIT (bit.com), at the opening of US stock markets, the Dow Jones Industrial Average rose 0.46%, the S&P 500 fell 0.4%, and the Nasdaq Composite dropped 1.29%. The chip sector has seen four consecutive days of lower opening this week, with SK Hynix (SKHY.O) and SanDisk (SNDK.O) plunging 6%, Micron Technology (MU.O) down 3.9%, Western Digital (WDC.O) falling over 5%, and NVIDIA (NVDA.O) down more than 3%.

2 minutes ago

NeoSoul will launch a dedicated DNA airdrop for the StandX community, with details to be announced after the Token Generation Event (TGE).

According to official announcements, NeoSoul stated it understands the challenges of building a startup in the crypto industry and expressed its support for the StandX team and community. NeoSoul will set up a dedicated DNA token airdrop quota to reward community contributors who have long participated in building StandX. Specific eligibility rules and claim portals will be announced after DNA’s Token Generation Event (TGE). Additionally, NeoSoul said it is willing to communicate with the StandX team to jointly explore community support initiatives.

2 minutes ago

US stocks opened with Neocloud, storage, optical communication, and semiconductor stocks falling across the board, with NBIS and CRWV down more than 7%.

According to market data from BIT (bit.com), Neocloud, storage, optical communication and semiconductor stocks all fell across the board at the opening of the US stock market. Neocloud stocks saw the steepest declines, with Nebius (NBIS) down 7.42%, CoreWeave (CRWV) down 7.05%, Cipher Digital (CIFR) down 6.79% and Core Scientific (CORZ) down 6.59%. Storage stocks trended lower across the board, with SanDisk (SNDK) down 6.13%, SK Hynix (SKHY) down 5.63%, Seagate Technology (STX) down 5.47%, Western Digital (WDC) down 5.36% and Micron Technology (MU) down 4.16%. Optical communication concept stocks declined broadly, with Applied Optoelectronics (AAOI) down 6.90%, Lumentum (LITE) down 5.90%, Ciena (CIEN) down 5.86% and Coherent (COHR) down 5.55%. Semiconductor stocks fell in tandem, with Intel (INTC) down 5.43%, AMD down 5.03%, TSMC (TSM) down 4.07% and NVIDIA (NVDA) down 2.97%.

2 minutes ago

Bitcoin and Ethereum ETFs see massive outflows: $257.7M BTC and $91.19M ETH in 24 hours

Oct 15 Update: #Bitcoin ETFs: 1D NetFlow: -3,209 $BTC(-$257.7M)?? 7D NetFlow: -5,250 $BTC(-$421.57M)?? #Ethereum ETFs: 1D NetFlow: -38,915 $ETH(-$91.19M)?? 7D NetFlow: -133,537 $ETH(-$312.9M)??

2 minutes ago

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