Institutions: Micron’s long-term agreements reduce industry cyclical volatility.

According to public filings, Daniel Durn, Marvell’s new CFO, sold 2,250 Marvell shares worth $632,000. This month, Willem Meintjes, Marvell’s former CFO, recently filed Form 144 with the U.S. Securities and Exchange Commission (SEC) to sell 207,329 common shares, with estimated proceeds of around $60.13 million at an average price of $290.03 per share. Meintjes notified the company of his CFO resignation on June 10, officially stepping down on June 15, and was succeeded by Dan Durn, former CFO of Adobe.

According to a report from leading tech industry consulting firm TrendForce, NVIDIA is developing an 800V high-voltage direct current (HVDC) power rack, scheduled to ship in the third quarter of 2026 as an optional configuration for its Vera Rubin platform. The report notes that power consumption for the Rubin Ultra generation of racks will surge to approximately 660kW, while the next-generation air-cooling system will reach 1.2–1.3MW. It adds that 800V power supplies will see significant widespread adoption after the second half of 2027. Notably, the report does not mention any specific stock names, but based on prior public information, companies including Vertiv and Eaton have confirmed partnerships with NVIDIA to advance the design of the 800VDC platform.

According to PeckShield's monitoring, community members reported that Gnosis' X (formerly Twitter) account has been compromised. Do not interact with this account or click any links posted by it.

According to monitoring by Onchain Lens, BlackRock has just deposited 2,400 BTC (valued at approximately $147.6 million) into Coinbase, and may continue transferring more Bitcoin.

Morgan Stanley said it raised Micron Technology (MU.O)’s price target from $1,050.00 to $1,200.00, upgraded Qualcomm (QCOM.O)’s rating from "Underweight" to "Neutral" and lifted its price target from $146.00 to $231.00.

According to Bitget's market data, SpaceX's pre-market US stock price rose 5.25%, currently trading at $162.66.