Powell: 50 Basis Point Rate Cut Did Not Receive Broad Support

According to market data from BIT (Bit.com), US-listed storage-related concept stocks advanced in pre-market trading: SK Hynix (SKHY.O) rose 6%, Micron Technology (MU.O) gained 3.6%, SanDisk (SNDK.O) climbed 5%, Seagate Technology (STX.O) increased 3.9%. Nvidia (NVDA.O) was up 1% in pre-market trading, Intel (INTC.O) gained 3%, and Broadcom (AVGO.O) rose 2%.

Iranian Foreign Ministry spokesman Bahaei said at a press conference on the 27th that Iran and Oman are currently holding talks on the issue of the Strait of Hormuz, and the talks have nothing to do with the United States. (Xinhua News Agency)

Meritz Securities analyst Kim Sun-woo stated that driven by one-time investment gains and rising semiconductor prices, SK Hynix is poised to report record second-quarter results. The analyst projects SK Hynix’s pre-tax profit for the April-June period will exceed 100 trillion won, consisting of 6.01 trillion won in operating profit plus 4.16 trillion won in investment gains from its stake in Japanese chipmaker Kioxia held through U.S. private equity firm Bain Capital. This performance will top the company’s prior operating profit record of 5.88 trillion won set in the first quarter. He added that DRAM and NAND storage chip prices rose 30% and 49% respectively in the second quarter.

According to monitoring by ai_9684xtpa, a whale address purchased 9,046.17 ETH via on-chain transactions at an average price of $1,968 over the past 50 minutes, totaling around $17.8 million. The address then transferred the purchased ETH in batches to other addresses.

Iranian Foreign Ministry spokesman Baghaei said mediators have relayed a message from the U.S. to Iran, but Iran is not currently in talks with Washington. Baghaei added that Iran has not requested the resumption of negotiations with the U.S. (Jinshi)

According to Allium data, on the eve of Changxin Technology (CXMT)’s listing, Hyperliquid-attributable CXMT wallet data shows: wallets from the U.S., Hong Kong, and mainland China are overall net long, while South Korea-labeled wallets are the main short sellers in this sample. Among them, South Korean wallets hold around $760,000 in short positions, with the short position size roughly 38 times that of their long positions. Taiwan-labeled wallets are also net short, with a net short of approximately $329,000. On the long side: U.S.-labeled wallets hold $1.6 million in long positions and $345,000 in short positions, with a net long of around $1.255 million; Hong Kong-labeled wallets hold $1.3 million in long positions and $431,000 in short positions, with a net long of about $869,000; mainland China-labeled wallets hold only $83,000 in long positions and $16,000 in short positions, with a net long of roughly $67,000. Assuming all of South Korea-labeled wallets’ $760,000 short positions were opened at a uniform price of $6.48 before the listing, with no subsequent position adjustments and calculated at 1x leverage, the theoretical floating loss of the short positions is around $48,500, with a loss rate of approximately 6.4%. Note: According to Allium’s documentation, around 25% of Hyperliquid addresses in its overall address database can be attributed to specific countries; the actual coverage and confidence distribution of this CXMT sample have not been disclosed. Geographic labels are inferred from signals such as on-chain associations, fund sources, and active time zones, and do not equate to the holder’s actual nationality or real-time location. Open Interest (OI) also does not represent the number of traders.