US stocks opened with the Dow Jones up 0.11%, the S&P 500 up 0.32%, and the Nasdaq up 0.78%. Chip stocks collectively rose, with SanDisk up 4% and Western Digital up over 5%. Broadcom increased by 3.5%, and Advanced Micro Devices rose by 2.62%. Among the 'Seven Sisters': Meta Platforms rose by 2.06%, Tesla by 1.64%, Amazon by 0.81%, Google by 0.70%, while Nvidia fell by 0.09%, Apple by 0.38%, and Microsoft by 0.70%. In terms of Chinese concept stocks, Bilibili rose by 3.56%, NetEase by 1.99%, NIO by 1.88%, Alibaba by 1.37%, while Li Auto fell by 1.91%. Strategy dropped over 4%, with the company reporting a digital asset loss of $8.32 billion in the second quarter.
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