WLFI announces it has appointed former Coinbase executive Ryan Ballantyne as Chief Business Officer.

According to market data from BIT (bit.com), the Neocloud (new cloud) sector strengthened after the US stock market opened, with IREN rising more than 5%, while Nebius and Coreweave opened lower before climbing higher, gaining over 3% each. Neocloud sector leader Nebius surged 34.14% in yesterday’s trading, notching its largest single-day gain since September last year. Nebius (NBIS) recently released its second-quarter financial report: the company’s Q2 revenue hit $582.3 million, a 454% jump from $105.1 million in the same period last year. Adjusted EBITDA for Q2 came in at $236.2 million, compared to a $21 million loss in the year-ago quarter, turning profitable; adjusted net loss narrowed by 64% to $33.2 million, down from a $91.5 million loss in the same period last year.

According to market data from BIT (bit.com), the storage sector posted broad gains at the start of US stock trading, with individual stocks rising as follows: Seagate Technology (STX) up 1.35%; Western Digital (WDC) up 3.72%; SanDisk (SNDK) up 4.2%; Micron Technology (MU) up 3.1%; and SK Hynix ADR up 3.1%.

According to market data from BIT (Bit.com), AI chipmaker Cerebras opened with a sharp 13.7% drop, trading at $226.5 per share. Cerebras' Q2 financial results were mixed: total revenue reached $210 million, up 103% year-over-year; cloud business revenue hit $126 million, surging nearly fourfold year-over-year, while hardware sales fell 23% year-over-year to $54.1 million. The company posted a net loss of $450.5 million for the quarter, compared to a net profit of $309.5 million in the same period last year.

According to market data from BIT (bit.com), the US-listed optical communications sector opened mixed. Leading optical communications giant Coherent (COHR) fell over 3% despite its new quarter’s earnings guidance exceeding all market expectations. The company reported Q4 fiscal quarter revenue of $2.05 billion in yesterday’s after-hours trading, up 34% year-over-year, beating the market forecast of $1.98–$2.02 billion. It projected Q1 fiscal quarter revenue of $2.20–$2.40 billion, higher than the expected $2.13 billion, with adjusted EPS forecast at $1.85–$2.05, also above the consensus estimate of $1.77. Pure Photonics ETF (FOTO) rose 0.05%; Corning (GLW) fell 0.19%; Marvell Technology (MRVL) gained 1.73%; Applied Optoelectronics (AAOI) dropped 1.10%. AAOI is a manufacturer of high-speed optical modules (800G/1.6T) focused on AI data center transceivers. Lumentum Holdings (LITE) declined 0.39%, a core supplier of optical communications lasers and modules serving major AI data center players. Coherent Corp (COHR) fell 3.76%, a leading provider of lasers, optical components and photonics solutions covering data center and industrial sectors. Ciena Corporation (CIEN) advanced 0.93%, which produces high-speed SerDes and connectivity chips and specializes in low-power interconnections for AI data centers.

Hardware wallet provider Trezor has disclosed that its fulfillment partner ShipMonk suffered a data breach, exposing the personal data of 13,689 Trezor customers. Among them, 11,742 had their full names, phone numbers, email addresses, and shipping addresses stolen, while 1,947 had their names, cities, and emails compromised. Affected customers placed orders between May 10 and August 8, with shipping addresses covering the U.S., U.K., Sweden, Colombia, Brazil, Italy, and Portugal. Trezor emphasized that its own systems were not breached, and its devices, private keys, and wallet backups remain unimpacted, noting the leak’s scope is currently under control. The company warned affected customers to be vigilant against phishing attacks, never to input their wallet recovery phrases or backups online, and to exercise caution toward any unsolicited communications.

According to BIT (bit.com) market data, U.S. stocks opened with the Dow Jones Industrial Average up 0.26%, the S&P 500 rising 0.29%, and the Nasdaq gaining 0.12%. Cisco (CSCO.O) fell 7.9%. While the company’s results exceeded expectations, they still failed to satisfy the market. Its fiscal 2027 sales guidance was also above market forecasts. For the fourth fiscal quarter, Cisco reported revenue of $17.3 billion, compared with market estimates of $16.85 billion. The company projects adjusted earnings per share (EPS) of $5.05 to $5.11 for fiscal 2027, versus the market expectation of $4.84. Cisco’s fourth-quarter AI orders from hyperscale cloud service providers reached $4 billion.