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US stocks opened with the three major indices rising, while Oracle fell 4.1% in early trading.

55 minutes ago

According to data from the BIT Stock Platform, US stocks opened with the Dow Jones Industrial Average up 0.68%, the S&P 500 gaining 0.48%, and the Nasdaq Composite advancing 0.68%. Some storage-related concept stocks strengthened: SK Hynix (SKHY.O) rose 2.4%, Micron Technology (MU.O) added 0.3%; Oracle, which plans to issue $10 billion in bonds, dropped 4.1% in early trading; Marvell Technology (MRVL.O) will acquire Lumentum (LITE.O), with their respective share prices down 3.4% and 6.2%.

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During intraday trading in the U.S. stock market, the three major indexes rose more than 1%, with SPCX up nearly 4.7% and MSTR up nearly 3.9%.

According to data from the BIT Stock Platform, the three major U.S. stock indexes rose during intraday trading: the Dow Jones Industrial Average gained over 1%, the S&P 500 rose around 1%, and the Nasdaq increased by approximately 1.1%. Optical communications leader Lumentum (LITE) fell more than 10%, Marvell (MRVL) dropped over 5%, while SpaceX (SPCX) gained nearly 4.7%. In the storage sector, SK Hynix’s U.S. ADR (SKHY) rose nearly 4%, and Seagate (STX) fell nearly 3.5%. Crypto-related stocks saw Strategy (MSTR) rise nearly 3.9%, Circle (CRCL) gain around 3.5%, and BitMine (BMNR) increase by approximately 3%. The CBOE Volatility Index (VIX) fell nearly 6.8% to around 18.1.

2 minutes ago

Tether Freezes Over 4.5 Million USDT Linked to Mercado Bitcoin Security Incident

According to Tether CEO Paolo Ardoino’s disclosure on X, Tether has frozen over 4.5 million USDT linked to the security incident. Brazilian cryptocurrency exchange Mercado Bitcoin issued a statement saying it has swiftly identified and contained a security incident affecting its systems.

2 minutes ago

Oracle's decline widened to 6.5%, hitting its lowest level since July.

Additionally, data from the BIT stock platform shows that Oracle (ORCL.N)’s stock price decline has widened to 6.5%, hitting its lowest level since July.

2 minutes ago

USDC treasury burns 100 million tokens, valued at approximately $100.2 million.

According to monitoring by Whale Alert, 100 million USDC, valued at approximately $100.151 million, were burned in the USDC Treasury, with the relevant transaction taking place on the Solana blockchain.

2 minutes ago

US stocks saw LITE drop over 10% intraday, MRVL fall more than 6%, and Neocloud's shares weaken across the board.

According to data from the BIT Stock Platform, major U.S. stock indexes edged higher during intraday trading: the Dow Jones Industrial Average rose approximately 1%, while the S&P 500 and Nasdaq Composite gained nearly 0.6%. Leading optical communications firm Lumentum (LITE) fell over 10%, and Ciena (CIEN) dropped nearly 3.9%. The Neocloud sector was broadly weak, with stocks including Astera Labs (ALAB) down nearly 4.9%, Cipher Mining (CIFR) nearly 4.7%, AST SpaceMobile (ASTS) over 4.5%, CoreWeave (CRWV) nearly 4%, and Nebius (NBIS) over 3%. In the semiconductor space, Marvell (MRVL) fell over 6%. The storage sector saw Seagate (STX) drop nearly 4.6%. SpaceX (SPCX) rose nearly 3.7%, and the VIX index fell nearly 3.7% to around 18.7.

2 minutes ago

Elon Musk: The vast majority of future superintelligent computing power will be deployed in space.

Elon Musk posted on social media that the vast majority of future superintelligent computing power will obviously be deployed in space. By "the vast majority", he means the proportion will round directly to 100%.

2 minutes ago

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