Leveraged ETFs tied to SK Hynix are getting hammered as chip wreck deepens
Volatility around the AI trade has been rough this week for bullish bets on stocks via leveraged ETFs Source：MarketWatch
Bitcoin lows pierce $63K as Asia chip-stock crash spreads to Wall Street
Bitcoin and crypto dropped as contagion from a major Asia stockmarket correction spreads to the US at the Wall Street open. Source：Cointelegraph
Micron’s stock sinks toward worst monthly drop in 11 years as China fears escalate
Investors are worried about China’s domestic supply of chips and manufacturing tools, analysts noted. Source：MarketWatch
Perpetuals tied to SK Hynix hit by flash crash to $900 on Hyperliquid
Perpetual futures on the South Korean chipmaker's American depositary receipts plunged 20% in one minute before quickly rebounding above $1,000. Source：CoinDesk
SpaceX’s stock falls to a new low despite a near-flawless Starship flight
SpaceX’s earnings report next week could unleash a further wave of selling, as some insiders will soon be able to unload shares. Source：MarketWatch
Micron and other chip stocks fall as China steals the spotlight
CXMT had a strong public debut in Shanghai, and now investors are weighing the prospect of a manufacturing breakthrough that could make China’s chip industry…
Nvidia forms 37-member AI security alliance without OpenAI, Anthropic or Google
The chipmaker and 36 other companies say defenders need AI they can run themselves. Major AI players OpenAI, Anthropic and Google are not among them.…
Fivefold increase for Chinese chip maker CXMT in Shanghai debut
CXMT closed its first day of trading with a market capitalization of $85 billion Source：MarketWatch
Brazilian police bust cocaine traffickers in crypto-linked transnational probe
Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through cryptoenabled illicit money…
Storj files for bankruptcy, explores equity path for tokenholders
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a courtapproved ownership mechanism for STORJ…
Why Intel, Micron and other major chip stocks are falling — even as the rest of tech holds up
There isn’t one “smoking gun” catalyst — but investors could be reacting to Chinese memory developments, Korean stockmarket weakness and Intel’s inability to…
SpaceX is banking on a successful Starship launch to stem the stock’s bleeding
The newest timeline has Starship due to take flight on Friday. Source：MarketWatch