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U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 0.3%, and the Nasdaq down 0.6%. Meta Platforms (META.O) rose 6%, reportedly building a cloud business to sell excess AI computing power. Storage stocks declin

2026-07-01

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 0.3%, and the Nasdaq down 0.6%. Meta Platforms (META.O) rose 6%, reportedly building a cloud business to sell excess AI computing power. Storage stocks declined, with SanDisk (SNDK.O) down 7.5%, Western Digital (WDC.O) down over 4%, and Micron Technology (MU.O) down 6%.

Other News
2026-07-01

Federal Reserve Chairman Warsh: My view on the balance sheet has not changed in the first four weeks of my tenure at the Federal Reserve.

Federal Reserve Chairman Warsh: My view on the balance sheet has not changed in the first four weeks of my tenure at the Federal Reserve.
2026-07-01

Key News 1. RatingDog: China's manufacturing PMI reached 51.7 in June, marking the seventh consecutive month of expansion. 2. Distributor responds to Yageo's price increase: It's true. Individual Stock News 1. Data on main capital flows shows tha

Key News 1. RatingDog: China's manufacturing PMI reached 51.7 in June, marking the seventh consecutive month of expansion. 2. Distributor responds to Yageo's price increase: It's true. Individual Stock News 1. Data on main capital flows shows that East Money Information saw the largest net inflow of main capital at 2.145 billion yuan, followed by C-HK, Datang Power, Runze Technology, and CITIC Securities; GigaDevice saw the largest net outflow of main capital at 5.512 billion yuan, followed by BOE Technology, Zhongtian Technology, Tianfu Communication, and Dongshan Precision. 2. CATL's 100,000-ton lithium carbonate production capacity resumes operation. 3. Sungrow Power's stock price once approached the daily limit down, but the company stated that its production and operations are normal. 4. Rumors that a subsidiary was suspended from supply by Murata? Shenzhen Huaqiang: These rumors are untrue. 5. Tongfu Microelectronics responds to rumors that it will add 3 billion yuan in optical module revenue: Untrue. 6. GigaDevice launches its first GD24CL series I²C EEPROM. 7. Chiplink Integrated will adjust its prices in the third quarter, with price increases ranging from 15% to 25%. 8. Taijing Technology raises prices across its entire range of crystal oscillator products by 10% to 30%. 9. Joyson Electronics will launch robot dexterous hands and semi-solid-state battery solutions.
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