Analysis: Investors are dumping US tech stocks at a record pace.

According to Iran's Islamic Republic of Iran Broadcasting (IRIB), citing the deputy security minister of Khuzestan Province, several locations in Abadan were targeted in U.S. military strikes. Two explosions were heard in Bandar Abbas, a port city in Hormozgan Province, with similar blasts also reported on Abu Musa, Kish, and Qeshm Islands. (Jinshi)

According to Bitget market data, South Korea's KOSPI index rose 1.67% intraday, SK Hynix fell 7.57%, and Samsung Electronics dropped 2.64%.

According to market data from BIT (bit.com), the three major U.S. stock index futures rose broadly: Nasdaq futures gained over 1%, S&P 500 futures rose 0.4%, and Dow futures advanced 0.3%.

Upbit will list USDG in its KRW, BTC, and USDT trading pair markets.

According to Reuters, Millennium Management—one of the world’s largest multi-strategy hedge funds—is in discussions to raise roughly $20 billion in new capital, a sum far exceeding its initial target and poised to become the firm’s largest fundraising round in history. The fundraising will be executed in two phases, and Millennium also plans to reallocate capital managed by external fund managers through trade swaps, a task overseen by President Ajay Nagpal. Citing a Goldman Sachs report, Reuters noted that the hedge fund industry is on track for another strong year fueled by the AI boom. In the first half of 2026, all major hedge fund strategies posted net capital inflows for the first time in five years, with quantitative funds and multi-strategy funds attracting particularly robust inflows. Millennium delivered a 10.5% return in 2025 and currently holds assets under management (AUM) of over $92 billion.

According to data from Vanda Research, retail investors logged the largest single-day net sell-off of individual stocks since the COVID-19 pandemic-triggered market crash in March 2020 on Tuesday. However, funds did not exit the stock market; instead, they simultaneously net purchased the Roundhill Memory ETF, signaling investors are shifting from individual stocks to ETF allocations to mitigate risk. Viraj Patel, global macro strategist at Vanda Research, noted that this record net sell-off was concentrated in a small number of individual stocks rather than a broad capital outflow from the overall market, reflecting that current retail investors are growing more cautious and selective rather than turning bearish on the market as a whole.