In pre-market trading, Seagate Technology is down about 4%, as the company's quarterly earnings guidance falls short of analyst expectations. NXP Semiconductors is down approximately 8%, despite a 19% year-over-year revenue increase in Q3 that exceeded expectations; however, the Q4 guidance is below expectations. SK Hynix is up about 8%, with the company's operating profit in the third quarter soaring sevenfold year-over-year, announcing an epic shareholder return of one trillion Korean won.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Seagate Technology Falls 4% Pre-Market, SK Hynix Rises 8%
-
Wechat scan to share
Recommended for you
-
Netanyahu's Camp Secures 54 Seats After 70.7% of Votes Counted
According to Israel's Channel 12, after 70.7% of the votes have been counted, Netanyahu's camp has secured 54 seats, the Eisenkot camp has obtained 47 seats, and the Arab parties have garnered 19 seats. -
U.S. Optical Communication Stocks Rise Pre-Market, Mavenir, Corning, and Lumentum Up Over 2%
On October 28, U.S. optical communication stocks saw a collective rise in pre-market trading. Among them, AXT Inc, MaxLinear, Credo Technology, Coherent, Applied Optoelectronics, Viavi Solutions, Ciena, Mavenir Technologies, Astera Labs, Corning, and Lumentum all increased by over 2%. -
Walsh to Hold FOMC Press Conference at 2:30 PM ET
On October 28, it was announced that Federal Reserve Chairman Kevin Walsh will hold a FOMC press conference at 2:30 PM ET. -
Changxin Technology Included in Shanghai Composite Index as Top Weighted Stock
On October 28, according to the website of the China Securities Index Company, Changxin Technology has been included in the Shanghai Composite Index with a weight of 4.67%, making it the largest weighted stock in the index. Agricultural Bank of China and Industrial and Commercial Bank of China rank second and third, with weightings of 3.83% and 3.77%, respectively. Changxin Technology has also been included in the Shanghai STAR Market Composite Index, with a weight of 15.74%, making it the top weighted stock there as well. According to the compilation plan, the weight factor will be adjusted on the next trading day after the second Friday of each month or when the newly included sample weight exceeds 15%. -
SK Hynix Plans 100 Trillion Won Shareholder Returns by 2026
On October 28, regulatory filings revealed that SK Hynix plans to distribute at least 30 trillion won in cash dividends and to repurchase and retire at least 60 trillion won worth of shares by 2026. The share buyback includes a recently completed 40 trillion won stock repurchase. -
SK Hynix Reports Q3 Sales of 104.62 Trillion Won
On October 28, SK Hynix reported third-quarter sales of 104.62 trillion won, exceeding expectations of 98.96 trillion won. The operating profit for the third quarter was 83.33 trillion won, higher than the anticipated 77.5 trillion won. SK Hynix plans to repurchase 20 trillion won worth of shares. -
WTI Crude Oil Drops 1.5% to $100.19 per Barrel
International oil prices hit a daily low, with Brent crude futures (December contract) trading around $114. WTI crude oil experienced a daily decline of 1.5%, settling at $100.19 per barrel. -
Meta Falls 1.4%, Plans to Raise $95 Billion for AI Investment
On October 27, Meta (META.US) fell 1.4%, closing at $621.47. In news, Meta has initiated a public offering to raise approximately $35 billion and plans to raise up to $60 billion through a market offering of a new class of non-voting C shares. Meta stated that these plans will support its ongoing investments in AI infrastructure and personal superintelligence. -
General Compute Completes $100 Million Series A Funding, Valued at $800 Million
On October 27, AI computing cloud service provider General Compute announced the completion of a $100 million Series A funding round, led by Blackbird Ventures and Abstract Ventures, with a post-funding valuation of $800 million, up from a valuation of $60 million after its seed round in May. The company was co-founded by Finn Puklowski, who serves as CEO, and focuses on building cloud services using specialized inference chips that compete with Nvidia. Chip suppliers include SambaNova (which previously secured a $400 million procurement agreement), Positron, and Cerebras. The company has signed a major client with an annual recurring revenue of $100 million. Its strategy involves not building large data centers but instead utilizing smaller power sources, renting space in other companies' data centers, and repurposing former Bitcoin mining sites for AI model operations. Puklowski expects to deploy 75 megawatts of computing power by 2027 and to secure 200 megawatts of electricity. -
US Bitcoin Spot ETF Sees $203 Million Net Outflow in October, Cumulative Net Inflow Reaches $57.4 Billion
As of October 26, the US Bitcoin spot ETF experienced a net outflow of approximately $203 million, bringing the cumulative net inflow to $57.4 billion.
Daily Must-Read
-
KeyFlow: As AI Agents Enter Large-Scale Collaboration, Value Flow Is Becoming a New Foundation of the Intelligent Economy
-
OpenAI Just Gave Agents Their Own Computers: AI Is Finally Starting to “Go to Work” — and UniKey’s Next Step Is Bigger Than Agent Factory
-
Breaking the Monopoly of Market Makers: DMDAI’s Autonomous AI Hash Power Network and Distributed Computing Infrastructure Open the Door to Community-Driven Market Making
-
Rebuilding On-Chain Liquidity Sovereignty: How the COMM Protocol Tackles LVR Losses and Captures Cash Flow for the Community
-
KeyFlow: Connecting UniKey, AI Agents, and the KEY Value System, Turning Intelligent Services from “Being Called” into “Sustainable Flow”
-
The AI Universe Gateway Is About to Open: KeyFlow Official DApp to Launch Global Public Beta and Genesis Registration on July 29
All Comments