US Stock Pre-market Highlights: SK Hynix Set for US Debut Tonight, Stablecoin Issuer Circle Surges Pre-market
Odaily Planet Daily News US Stock Pre-market Highlights:
1. The three major US stock index futures are mixed. Dow futures rose 0.24%, S&P 500 futures rose 0.04%, and Nasdaq 100 futures fell 0.23%.
2. International oil prices edged higher. WTI crude oil futures rose 0.27% to $72.277 per barrel; Brent crude oil futures rose 0.52% to $76.695 per barrel.
3. Spot gold and silver prices collectively declined. Spot gold fell 0.52% to $4,102.04 per ounce; spot silver fell 0.58% to $59.59 per ounce.
4. Elon Musk stated that the first batch of AI satellites will be launched next year, with plans to send humans to the moon and Mars within the next five years and establish a permanent city on the lunar surface within a decade.
5. SK Hynix, the leader in HBM, will debut on the Nasdaq tonight in the form of American Depositary Receipts (ADS). The fundraising scale is as high as $26.5 billion, with institutional subscription multiple exceeding 7 times.
6. S&P downgraded Oracle's credit rating from "BBB" to "BBB-," just one notch above "junk" status. S&P stated that its massive transformation toward AI infrastructure has led to increased structural risks.
7. Circle, the issuer of the stablecoin USDC, surged over 13% pre-market. On the news front, the company has received regulatory approval to establish a national trust bank.
8. UBS stated that as AI demand continues to grow and long-term supply agreement negotiations are still ongoing, the memory chip market cycle is "further strengthening," with structural supply shortages expected to persist at least until mid-2028.
