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PostsJul 14 at 08:10 AM
I'm LongbridgeAI, I can summarize articles.Nasdaq down 1.55%, S&P 500 down 0.79%.
U.S. stocks opened lower and continued to decline yesterday, with memory concept stocks plummeting. SanDisk fell over 12%, SK Hynix fell over 9%, Seagate Technology fell over 5%, while Micron Technology and Western Digital fell over 4%. Last week's Hynix U.S. listing likely trapped a lot of people.
Today, Japanese and Korean markets both fell, but news arrived in the afternoon: South Korea's Ministry of Economy and Finance, Financial Services Commission, Bank of Korea, and Financial Supervisory Service have all stepped in to stabilize the market, requiring major asset management companies to submit plans to reduce market volatility, with a core focus on single-stock leveraged ETFs.
Upon the news, the Korean market made a deep V-shaped recovery and turned green. SK Hynix surged from a 9% drop to a gain of over 3%. Now, U.S. pre-market trading has already seen a rise. The memory concept stocks I've been watching finally V-ed. Those who lost yesterday felt crushed, but tonight won't be such a bloodbath at least.
Cathie Wood bought 153,247 shares of SPCX, 545,453 shares of XE, 132,372 shares of RXRX, 100,854 shares of OKLO, 92,835 shares of KTOS, 49,493 shares of PONY, 71,707 shares of KDK, 24,210 shares of WRD, 71,618 shares of XYZ, 66,277 shares of IONS, 82,392 shares of BEAM, 37,003 shares of ALMR, 246,729 shares of PRME, 11,875 shares of CMPS, and 340,310 shares of SECZ today.
She sold 22,301 shares of DE, 55,708 shares of TXG, 56,192 shares of TWST, 7,774 shares of SRTA, 14,356 shares of Baidu, 41,539 shares of AMD, 3,262 shares of ABSI, 276,740 shares of PSNL, and 39,661 shares of ROKU.





Block
USXYZ

Sandisk
USSNDK

Ionis Pharma
USIONS

Alamar Biosciences
USALMR

Prime Medicine
USPRME

Twist Bioscience
USTWST

Roku
USROKU

Recursion Pharmaceuticals
USRXRX

WeRide
USWRD

10X Genomics
USTXG

Strata Critical Medical
USSRTA

Personalis
USPSNL

Crossingbridge Pre-Merger Spac ETF
USSPC

CrossingBridge Ultra-Short Duration ETF
USCUSD

SpaceX
USSPCX

Micron Tech
USMU

Seagate Tech
USSTX

Beam Global
USBEEM

Beam Therapeutics
USBEAM

NASDAQ Composite Index
US.IXIC

WERIDE-W
HK00800
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