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U.S. Stock Market Open: Three Major Indexes Mixed, Cryptocurrency Stocks Down, Semiconductor and Storage Sectors Volatile

55 minutes ago

May 28, per Bitget market data, the U.S. stock market opened with mixed performance: the Dow Jones Industrial Average dipped 0.06%, the S&P 500 declined 0.47%, and the Nasdaq edged up 0.04%. HP Inc. (HPQ.N) jumped over 3% after its second-quarter earnings exceeded analysts’ expectations, with Bank of America Global Research lifting HP’s price target from $16 to $18. Additionally, several investment banks have been intensively hiking price targets for tech stocks—Mizuho holds a particularly bullish outlook on the semiconductor sector, as detailed here: https://www.theblockbeats.info/flash/348269. U.S. cryptocurrency-linked stocks saw broad declines, with: MicroStrategy (MSTR) plunging 5.77%, Coinbase (COIN) dropping 1.87%, Circle (CRCL) falling 3.2%, and BitMine Immersion (BMNR) declining 4.5%. In the U.S. semiconductor and storage sector, results were mixed: NVIDIA (NVDA) fell 0.07%, Intel (INTC) rose 0.34%, AMD (AMD) gained 1.52%, Broadcom (AVGO) slipped 1.1%, Qualcomm (QCOM) dropped 0.8%, Seagate Technology (STX) advanced 1.61%, Western Digital (WDC) added 0.38%, SanDisk (SNDK) climbed 0.6%, and Micron Technology (MU) edged down 0.1%.
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YZi Labs launches the Creator Program, connecting creators with venture capital firms

YZi Labs officially launched its Creator Program on May 28, spanning Web3, AI, and other cutting-edge technology sectors. Selected creators will gain direct access to resources from YZi Labs’ over 300 portfolio companies, enabling deep integration between their content and the related projects. Additionally, the program allows creators to engage directly with company founders, helping founders identify storytellers who can effectively convey their vision and products. YZi Labs is now openly recruiting creators with genuine industry insights, a proven track record of organic community growth, and a sincere passion for the projects it has invested in. The application form is currently available for submission.

5 minutes ago

The US and Iran have reached a consensus on a 60-day memorandum of understanding, awaiting final approval from Trump

On May 28, two U.S. officials announced that negotiators from the U.S. and Iran have reached a 60-day memorandum of understanding (MOU) to extend the existing ceasefire and launch talks regarding the Iran nuclear deal, though President Trump has not yet given his final approval. Axios reported the news.

5 minutes ago

Gemini teams up with SpaceX and xAI to launch Command Center, a personalized market intelligence platform

Per Omdia Beating’s monitoring (via https://t.me/OneMillion_AI), Gemini has officially launched a new product called the "Command Center." Developed in partnership with SpaceX and xAI, this feature embeds artificial intelligence directly into the Gemini platform. The Command Center provides a hyper-personalized market information feed, delivering real-time insights and intelligence on key topics tailored to users’ interests—helping them stay up-to-date on market dynamics. Users can now set up their own Command Center instantly to access customized, real-time market information. --------------------------------- Click the original link below to join the Omdia Beating · Feishu AI News Channel, which tracks global AI trends and news around the clock.

5 minutes ago

Grayscale deposited 1,530.704 bitcoins into Coinbase Prime, equivalent to $112 million.

On May 28, according to Arkham's monitoring, Grayscale deposited a total of 1530.704 bitcoins into Coinbase Prime over a nearly one-hour period, equivalent to approximately $112 million.

5 minutes ago

Glassnode: Bitcoin Spot Selling Pressure Intensifies, On-chain Distribution Pressure Gradually Building

On May 28, on-chain analytics provider Glassnode released new data showing Bitcoin’s 7-day moving average (MA) spot trading volume delta has fallen back into a sustained negative territory. As Bitcoin’s price dipped to roughly $73,000, selling pressure in the market accelerated significantly: sellers have taken control of the spot market, and pressure from distributing existing Bitcoin holdings continues to build. Following a recent pullback from above $80,000 to around $75,000, Bitcoin’s spot demand, Bitcoin spot ETF inflows, and volatility expectations have all remained weak. While the market’s positioning has adjusted somewhat, investor confidence stays low overall, with most market participants maintaining a cautious outlook.

5 minutes ago

"The 'Son of Wall Street' Leopold Eats Instant Noodles in the Dark as Portfolio Dips Across the Board at Market Open"

May 28 — According to Bitget market data, 25-year-old Wall Street AI stock guru Leopold Aschenbrenner had instant noodles for breakfast today and witnessed a broad decline across his investment positions. The performance of his key holdings is as follows: - Sandisk (SNDK): down 0.6% - IREN: down 4.6% - CleanSpark (CLSK): down 2.7% - RIOT: up 1.4% - CORZ: down 0.12% - CRWV: down 0.1% Additionally, his newly opened positions in Q1 posted losses: TE fell 2.37% while HIVE dropped 2.69%.

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