US stocks opened higher, with all three major indices rising, the storage sector declining broadly, and SK Hynix's ADR falling 7%.
According to market data from BIT (bit.com), US stocks opened with gains: the Dow Jones Industrial Average rose 0.18%, the S&P 500 gained 0.41%, and the Nasdaq climbed 0.63%. The storage sector saw broad declines, with individual stocks performing as follows: SK Hynix ADR (SKHY.O) fell 7%; Seagate Technology (STX) dropped 1.77%; Western Digital (WDC) declined 1.6%; SanDisk (SNDK) fell 4%; Micron Technology (MU) dropped 2.1%.
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U.S. stocks opened with a broad decline in the optical communication sector, with MRVL down 2.8% and AAOI down 6.4%.
According to market data from BIT (bit.com), the US stock market opened, with the optical communication sector seeing broad declines. Among the stocks, Corning (GLW) fell 3.43%, NOK dropped 1.11%, AAOI declined 6.4%, LITE fell 3.2%, and MRVL dropped 2.8%.
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Crypto-related stocks rallied broadly at the opening of US stock markets, with Strategy up 3.1% and its ticker STRC gaining 1.2%.
According to market data from BIT (bit.com), crypto-related stocks rose broadly at the opening of the US stock market, with specific gains as follows: Strategy (MSTR) rose 3.1%, perpetual preferred stock STRC rose 1.2% to $88.66; Coinbase (COIN) rose 1.7%; Circle (CRCL) rose 3.87%; BitMine Immersion (BMNR) rose 1.4%; SharpLink Gaming (SBET) rose 4.3%.
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Canaan Inc. receives an additional 180-day grace period from Nasdaq to regain compliance with the minimum bid requirement.
Bitcoin miner manufacturer Canaan Inc. announced it has received a written notice from Nasdaq granting an additional 180-day grace period (expiring January 11, 2027) to regain compliance with Nasdaq’s minimum bid requirements. Canaan originally received an initial non-compliance notice from Nasdaq on January 14, 2026, and its initial 180-day grace period expired on July 13. The company transferred its listing segment from Nasdaq Global Market to Nasdaq Capital Market on July 1, and its American Depositary Shares (ADSs) continue to trade on Nasdaq Capital Market under the ticker symbol “CAN”.
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Indian AI programming startup Emergent has closed a $130 million Series C funding round, with a post-money valuation of $1.5 billion.
Indian AI coding startup Emergent has closed a $130 million Series C funding round, lifting its post-money valuation to $1.5 billion — a notable jump from its $300 million Series B valuation in January this year. The round was led by Creaegis, with participation from Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator, bringing the company’s total cumulative funding to $230 million. Emergent offers an integrated AI development platform covering coding, deployment, hosting, testing, and debugging, targeting entrepreneurs and small and medium-sized enterprises (SMEs). The company noted its annualized revenue run rate has hit $120 million, with over 200,000 paying customers. The financing proceeds will be mainly used to advance product R&D, enhance AI agent workflow capabilities, and expand market presence, including considering opening an office in Europe.
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豆包AI手机年内将发布多款机型,将于2026世界人工智能大会期间亮相
According to monitoring by Dongcha Beating, ByteDance, in collaboration with ZTE Nubia, will launch multiple models of its first AI agent phone—the "Doubao AI Agent Phone"—this year. One model will be unveiled during the 2026 World Artificial Intelligence Conference, with total inventory of around 200,000 units, and the first batch will be less than 100,000 units.
Previously, the first-generation Doubao Phone (Nubia M153 tech preview version) was released on December 1, 2025. Positioned as an "engineering prototype", it had extremely limited inventory and no additional production after selling out. The first batch only had about 30,000 units with no extra material investment. Prices of the Doubao Phone on the secondary market were once driven up, hitting a maximum of 7,999 yuan—far exceeding the official price of 3,499 yuan.
A supply chain source noted that the initial inventory of this generation is much larger than the previous one, with some spare parts exceeding one million units. However, due to rising upstream component costs, multiple adjustments were made, bringing the total from the original 300,000 units to around 200,000 units.
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