Market News Meta denies having excess computing power; SK Hynix may set the ADR issuance guidance price at $149!
Markets News
Meta denies having excess computing power; SK Hynix may set the ADR issuance guidance price at $149!
2026-07-10 08:30:00
Hot spot tracking
- Meta denies having excess computing power: sometimes renting it out is more valuable than using it itself. This news is positive for Meta.
- It is reported that SK Hynix has set the guidance price for its ADR offering at US$149, a 3.1% premium over the closing price of its Korean shares. This news is positive for Hynix.
- Micron plans to increase its investment in the US to over $250 billion by 2035. This news is positive for Micron.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.04% 1.14338 1.14295 GBP/USD ▲0.06% 1.3413 1.3405 AUD/USD ▲0.07% 0.69432 0.69383 USD/JPY ▼-0.03% 162.32 162.366 GBP/CAD ▲0.11% 1.90048 1.89833 NZD/CAD ▲0.08% 0.81623 0.81559 📝 Review:On Thursday, the US dollar index fell from around 101, closing down 0.12% at 100.94, as sources said Pakistan was still mediating and the window for US-Iran negotiations might reopen. The benchmark 10-year Treasury yield closed at 4.558%, and the 2-year Treasury yield, which is sensitive to the Federal Reserve's policy rate, closed at 4.189%.🕵️ Operation suggestion:USD/JPY 162.374 Buy Target Price 163.010
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▼-0.13% 4119.78 4125.29 Silver ▼-0.15% 59.833 59.925 📝 Review:Trump stated that Iran wants a deal, and reports indicate that Iran currently has no intention of dragging Israel into the conflict, easing concerns that an escalation of hostilities would drive up inflation and interest rates. Spot gold fluctuated upwards, reaching a high of $4138 per ounce, before closing up 1.14% at $4123.82 per ounce; spot silver briefly surpassed the $60 mark, ultimately closing up 2.85% at $59.96 per ounce.🕵️ Operation suggestion:Gold 4123.50 Sell Target Price 3968.26
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.35% 71.828 71.581 Brent Crude Oil ▲0.03% 76.083 76.06 📝 Review:International oil prices fell as traders anticipated a limited-scale conflict between the US and Iran, easing concerns about further attacks on energy infrastructure. WTI crude oil ultimately closed down 3.82% at $71.69 per barrel, while Brent crude oil ultimately closed down 4.1% at $76.02 per barrel.🕵️ Operation suggestion:WTI Crude Oil 71.721 Sell Target Price 69.399
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.17% 29642.85 29692.25 Dow Jones ▼-0.03% 52437.7 52455.2 S&P 500 ▼-0.05% 7532.35 7536.25 US Dollar Index ▼-0.05% 100.76 100.81 📝 Review:U.S. stocks closed up 0.26%, the S&P 500 rose 0.8%, and the Nasdaq Composite gained 1.3%. Micron Technology (MU.O) climbed 4.5%, SanDisk (SNDK.O) surged 7.5%, and Western Digital (WDC.O) advanced 5%. Meta Platforms (META.O) gained 4.7%. The Nasdaq China Golden Dragon Index rose 0.56%, iQiyi (IQ.O) climbed 8.5%, and Alibaba (BABA.N) gained 2%.🕵️ Operation suggestion:Nasdaq 100 29722.850 Buy Target Price 30282.137
Calendar
- 14:45 (GMT+8): Final reading of France's June CPI month-on-month rate
- 15:00 (GMT+8): Swiss Consumer Confidence Index for June
- 20:30 (GMT+8): Canadian June Employment Change
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