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US AI concept stocks post a continuous rebound, with the Nasdaq up 3.28% and COHR surging 17.28%

13 minutes ago

According to data from the BIT Stock Platform, the U.S. Dow Jones Industrial Average climbed 1.77%, the S&P 500 rose 2.2%, and the Nasdaq 100 advanced 3.28%. AI-themed stocks rebounded across the board, with performance broken down by sector: Optical module stocks: COHR up 17.28%, LITE up 13.71%, AAOI up 7.44%, NOK up 7.9%, MRVL up 11.59%; Storage stocks: SKHY up 5.76%, STX up 9.21%, WDC up 8.4%, SNDK up 7.04%, MU up 7.14%. Nvidia declined 3.8% amid negative news, while its direct rival AMD gained 11.2%.

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The Philadelphia Semiconductor Index rose more than 7%, with AMD surging over 12%.

According to data from the BIT stock platform, the Philadelphia Semiconductor Index extended its intraday gain to 7%. AMD (AMD.O) rose over 12%, Broadcom (AVGO.O) gained more than 9%, Micron (MU.O) jumped over 7%, Qualcomm (QCOM.O), ASML (ASML.O) and TSMC (TSM.N) advanced over 4%, Intel (INTC.O) rose more than 5%, while NVIDIA (NVDA.O) fell over 5%.

3 minutes ago

The Nasdaq's gains widened to 3%, while the S&P 500 climbed more than 2%, notching its largest intraday gain in three months.

According to data from the BIT stock platform, the S&P 500 index’s gains have expanded to 2%, marking its largest intraday gain in three months, and is currently up 2.13%. The Dow Jones Industrial Average is now up 1.75%, and the Nasdaq 100 is up 3.14%.

3 minutes ago

Bitcoin's gains underperformed US stock market indices, with $4.34 million in liquidations from flash contracts over the past hour, surpassing Ethereum's liquidation volume over the same period.

According to Coinglass data, global crypto liquidations totaled $25.41 million in the past hour, with long-position liquidations at $3.34 million and short-position liquidations at $22.07 million. Notably, as of press time, the U.S. Dow Jones Industrial Average rose 1.68%, S&P 500 gained 1.92%, and Nasdaq 100 climbed 2.71%. Yet after U.S. stock markets opened, Bitcoin only increased by 1%, causing most short liquidations to hit U.S. stock-linked contracts, including those for Sandisk ($4.34 million) and SOXL ($2.53 million + $0.92 million).

3 minutes ago

AVAX's price gain expanded to 11%, briefly breaking through $9.

According to HTX market data, following the announcement of the partnership between AVAX and the New York Stock Exchange, AVAX’s price gain expanded to 11%, briefly breaking above $9, and is currently trading at $8.94.

3 minutes ago

Fed's Goolsbee: Signs of overheating have emerged in data centers, but the major issue has long been inflation.

Chicago Federal Reserve Chairman Austan Goolsbee said consumer spending has been a key driver of growth, with employment and expansion remaining quite stable, but the main persistent issue is inflation. Goolsbee noted that the overall economic data appears to signal classic economic overheating, and he is starting to see a pickup in services sector inflation. He added that the failure to curb inflation must be squarely addressed.

3 minutes ago

Iran: Will Not Negotiate Unless the US Takes Concrete Actions on Seven Conditions

According to Iran’s Press TV, a senior Iranian official stated that Iran will not hold any negotiations with the United States unless Washington takes concrete actions on the seven conditions Tehran has put forward. Iran’s policy regarding talks with the U.S. remains unchanged. (Jinshi)

3 minutes ago

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