CBS: U.S. Treasury Secretary and Trump Once Had Heated Debate on Tariff Policy

Trader Bonk Guy took to social media to share: "A major mistake I made in the past was blind loyalty to my holdings and the communities surrounding them. During the last crypto cycle, I gave back all my eight-figure gains chasing social influence. I won’t make the same mistake this cycle. Vanity metrics like social influence might feel good in the moment, but rarely last long. It’s important to regularly take profits on any coin, as long as the moves are legal and ethical."

Key pre-market news for US stocks is as follows: 1. The Trump administration is drafting a ban on imports of new Chinese data center components. The US Federal Communications Commission (FCC) plans to impose import restrictions on Chinese optical transceivers—used for high-speed data transmission over data center fiber optics—and aims to announce and implement the measures within this year. 2. US Treasury Secretary Scott Bessent said an agreement with Iran to open the Strait of Hormuz could be reached as early as tomorrow. 3. SK Hynix and SanDisk have released the first standard specification for HBF (High Bandwidth Flash) via the Open Compute Project (OCP), and showcased related AI memory solutions at FMS 2026 held in Santa Clara, California. 4. Huawei’s semiconductor chief warned that NVIDIA’s chip scaling is approaching physical limits, and crossing the threshold could trigger an "avalanche" effect. 5. JPMorgan Chase’s latest report notes that it remains bullish on the "tech + cyclical" mix for stock allocations, while recommending adding healthcare as a third investment pillar to reduce the overall portfolio’s correlation with macroeconomic factors. 6. Yesterday, US spot Bitcoin ETFs posted a net inflow of $170.1 million, while spot Ethereum ETFs saw a net outflow of $11.9 million.

UAE-based startup Bundle has secured $5.5 million in pre-seed funding to accelerate product development and international expansion. The round was co-led by Ethereal Ventures and Further Ventures, with participation from Nascent, GSR, Scenius Capital, Anchorage Digital, and Nuwa Capital. Bundle is building a blockchain-based shared rewards network that enables brands to pool their incentive budgets, offer larger rewards, and reduce customer acquisition costs.

Global stablecoin infrastructure provider Yellow Card today announced the completion of a $40 million strategic financing round, with backers including Standard Chartered’s SC Ventures, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and other strategic investors. The funds will be used to expand its Global USD Accounts—end-to-end dollar accounts for enterprises offered by Yellow Card—and to scale stablecoin rails connecting global markets. Yellow Card’s total cumulative equity financing has exceeded $120 million.

NVIDIA (NVDA.O) states that AI industry leaders have proposed cybersecurity guidelines.

Societe Generale said the strong U.S. corporate earnings trend is spreading beyond large-cap tech stocks and continuing to support the stock market. The firm noted that 86% of companies have beaten earnings estimates, with profit margins at historical highs, and its 2026 earnings per share (EPS) forecast has been raised to $335. The French bank added that artificial intelligence (AI) investment remains robust, projecting the S&P 500 index will hit 8,000 points, and urged investors to "buy the dip".