Odaily S&P has revised Samsung Electronics' outlook to positive and affirmed its ratings at 'AA-/A-1+'. (Jin10)

According to data from MSX.COM, U.S. stock optical communication sector rose in pre-market trading, with Marvell Technology up over 6%, Credo up over 5%, Coherent up 5%, and Lumentum and Corning up 4.5%.

According to data from MSX.COM, at the Hong Kong stock market close, the Hang Seng Index fell 0.04%, while the Hang Seng Tech Index rose 1.32%. Chip stocks surged, with sectors such as optical communication, PCB, artificial intelligence, and power equipment leading the gains, while batteries, oil, mainland properties, and mainland banks weakened. Zhipu (02513.HK) closed up 36.89%.

According to data from MSX.COM, US memory stocks strengthened in pre-market trading, with SanDisk (SNDK.O) up approximately 7%, SK Hynix (SKHY.O) up about 6%, Micron Technology (MU.O) up roughly 5%, and Western Digital (WDC.O) also rising around 5%.

Odaily Planet Daily News: Citrini analyst jukan posted on platform X, stating that TrendForce expects the NAND flash supply shortage to ease in 2027. TrendForce pointed out that servers already account for over 40% of total NAND flash bit demand, while smartphones and laptops together still account for nearly 40%, thus continuing to have a significant impact on overall demand. Regarding inventory, storage manufacturers' inventory levels remain relatively low. Although module factory inventories have increased somewhat due to weak consumer market conditions, inventories held by other buyers remain at manageable levels.

Considering these factors, TrendForce expects the NAND flash bit supply-demand gap to remain between -4% and -5% in 2026, indicating that the shortage will persist. However, the gap is expected to turn positive in the second half of 2027, alleviating supply tightness.

Odaily reported that, according to sources familiar with the negotiations, it was Iran that first proposed the 10-day ceasefire initiative between the US and Iran, which is currently being promoted by mediators. (Jinshi)

Odaily reported that South Korean stocks rebounded on Tuesday, as a sharp sell-off triggered by the unwinding of leveraged positions began to ease, allowing investors to refocus on the underlying strength of the market, which sits at the core of the global AI trade. The KOSPI index closed up 3.6% at 6747.95 points, after surging as much as 4.9% during the session. This follows a 10.5% plunge over the previous two trading days. The KOSPI remains deep in bear market territory, down 25% from its all-time closing high on June 22. However, with regulators taking steps to curb leveraged financing products, market attention has shifted back to fundamentals, including sustained strong demand driven by AI and the still-optimistic earnings outlook for memory chip manufacturers.

JPMorgan analysts noted: "The fundamental strength of the market remains robust over the next few years." They maintain an "overweight" rating on the Korean market in their regional asset allocation, with a 12-month target of 12,500 points. "The market should be able to overcome the shock from position unwinding and continue its positive trajectory." (Jin Shi)

According to monitoring by Axel Adler Jr, as of July 21, the Bitcoin supply concentration indicator, the Herfindahl-Hirschman Index (HHI), reached 1116.1, surpassing 89.6% of historical observations over the past decade. The index has risen by 5.5% in the last 90 days and accumulated an increase of 10.1% over the past 180 days.

The uniformity of Bitcoin distribution continues to decline, with coins concentrated among holders within specific holding periods. The upward trend is primarily driven by coins held for 6 to 12 months. Within 90 days, the proportion of coins held for 6 to 12 months increased from 12.9% to 19.3%, while the share held for 3 to 6 months decreased from 14.3% to 6.3%. Long-term holders holding for over a decade account for 17.7% of the total supply.

This shift represents the natural aging of coins, transitioning from the 3 to 6-month holding period to the 6 to 12-month period, rather than a new wave of large-scale accumulation. Currently, 81.6% of all Bitcoin has not moved for over six months, and 62.3% has remained idle for more than a year.

As SpaceX announces it will release its Q2 2026 financial report on August 4, according to the terms of SpaceX's previous prospectus, eligible insider shareholder shares will begin to unlock two days after the company publishes its Q2 2026 financial report.

This means the SpaceX stock unlock wave is also entering a countdown, and August 6 will see the first major unlock, with early shares accounting for 8% of total shares (20% of the early lock-up pool) becoming unlocked. If the stock price rises 30% above the IPO offering price and meets that standard on 5 out of 10 trading days, an additional 10% can be unlocked. Therefore, the maximum unlockable shares on August 6 could reach 12%.

In addition to August 6, before SpaceX releases its Q3 2026 financial report, August 21, September 10, September 25, October 12, and October 26 will each see 2.8% unlocked.

Odaily Pons stated on platform X that since its launch 8 days ago, 20% of the total supply of $PONS has been burned. The team stated that the Pons treasury will continue to use platform revenue to purchase $PONS in the future.

According to GMGN market data, the market cap of the Robinhood ecosystem token PONS is currently reported at $30 million, with an intraday gain exceeding 100%. Odaily reminds investors that this token experiences extreme price volatility, often driven by market sentiment and hot topics, and lacks substantial value support. Investors should be aware of the associated risks.