Western Digital fell more than 10% in after-hours trading, as its earnings guidance disappointed the market.

Former X product lead Nikita Bier announced today he will step down from his product leadership role to serve as an advisor. During his tenure, X delivered unprecedented growth in new users and user engagement, with monthly records consistently broken; over the past year, its App Store ranking rose by 70 positions. Over the last 400 days, the product team has rebuilt nearly every core aspect of X, including features such as timelines, the Android app, user onboarding, notifications, and chat, while rolling out nearly 30 new products.

According to Bitget market data, the Nikkei 225 opened lower, touching 66,000 points, down 0.60%. South Korea’s KOSPI index opened lower, hitting 6,600 points, with an intraday drop of 1.81%. SK Hynix fell nearly 5%, while Samsung Electronics declined 2%.

According to Bloomberg, Sequoia Capital has closed its latest funding round worth $10 billion. So far this year, the firm has returned a total of $5 billion in profits to investors outside of SpaceX. Sequoia’s new co-leaders Alfred Lin and Pat Grady plan to invest $2.5 billion in AI company Anthropic, which will be the largest investment in Sequoia’s 54-year history. Previously, Sequoia had favored firms like OpenAI and xAI, only making its first investment in Anthropic in January 2025. Its decision to significantly increase its stake in Anthropic now shows the firm is making an aggressive bet on the AI sector.

Trump says U.S.-Iran deal to be finalized within 48 hours; while U.S.-Iran talks are "progressing very well", Iran has refused to acknowledge this. Houthi militants have claimed another attack on a Saudi oil tanker, with Yemen preparing for full-scale confrontation with Saudi Arabia. Iran's foreign ministry spokesperson stated that neither the foreign minister nor the speaker has current plans to visit Pakistan or Qatar. A Gulf state official estimates a 50% probability that the U.S. and Iran will reach a deal before Friday. According to BIT (bit.com) market data, U.S. stocks closed Wednesday: the Dow Jones rose 0.49%, S&P 500 fell 0.17%, Nasdaq fell 0.8%. SpaceX (SPCX.O) dropped 13.6%. NVIDIA (NVDA.O) gained 3.4%, SK Hynix (SKHY.O) fell 2%, and AMD (AMD.O) fell 7%. Per Bitget market data, Bitcoin is currently trading at $64,660, up 0.97% in the past 24 hours.

Uniswap Labs today officially announced the launch of Pools.trade, Robinhood Chain’s token launch platform. Earlier, community users had already discovered the early smart contract version and generated over $150 million in trading volume before the official interface went live, fully validating product demand. To ensure compatibility with both the early test contract and the official version, the team performed simultaneous upgrades to the website and index system, leading to a slight launch delay. Pools.trade’s core differentiators include: no extra launch platform fees—only standard Uniswap v4 pool protocol fees are retained, making the total spread for launch pools significantly lower than most comparable products and more trader-friendly; support for auto-compounding liquidity (a feature that will later roll out to regular Uniswap LPs); permanently locked liquidity for all launch projects; two launch modes: instant launch (similar to mainstream launch platforms) and crowdfund launch (a simplified version based on the CCA mechanism, more fair and resistant to bundle attacks). On its launch day, Pools.trade achieved deep integrations with Uniswap’s web interface, wallets, trading APIs, third-party trading APIs, and platforms including Bitget, GMGN, OKX Wallet, and FOMO, with more integrations set to follow. The team clarified fee allocation: 0.25% of LP fees are auto-compounded into the locked liquidity pool, not directed to the Uniswap team; of this fee, 20% goes to token creators, while 80% is allocated to the liquidity compounding mechanism. Pools.trade remains in beta testing, and the Uniswap Labs team will continue iterating and upgrading the product.

Jane Street Group, LLC filed a Schedule 13G with the U.S. Securities and Exchange Commission (SEC), disclosing that it beneficially holds 7.41 million common shares of SanDisk, representing 5.0% of the outstanding share class. All shares are held with shared voting and dispositive rights. Specifically, Jane Street Capital, LLC holds 5.89 million shares (4.0% of the class), Jane Street Global Trading, LLC holds 1.28 million shares (0.9%), and Leonard Street Holdings, LP holds 238,102 shares (0.2%). All these entities are registered in Delaware and share voting and dispositive authority over their respective share holdings.