Lates News

US stocks with storage concept fell before the market opening, with SK Hynix dropping more than 5%, SanDisk and Western Digital both dropping more than 4%, and Micron dropping nearly 2%; TSMC fell nearly 3% with Q2 net profit exceeding expectations, raising its full-year growth forecast and increasing capital expenditures; Popular Chinese concept stocks rose, with Kingsoft Cloud and Xiaopeng Motors both rising more than 4%; AST SpaceMobile plunged more than 10% as the company plans to issue $1 billion in senior notes due in 2034.