SpaceX's losses widened to over 5%, currently trading at $152.
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SpaceX shares fell 6.83%, dropping below its opening price on its first day of trading.
PANews reported on July 8th that, according to Jiemian News, SpaceX closed at $149.47 on July 7th (Eastern Time), a sharp drop of 6.83% for the day. The stock price fell as low as $149.09 during the session, marking a new low since its Nasdaq listing on June 12th and falling below its opening price of $150 on its first day of trading, though still above its IPO price of $135. This occurred on the same day as the stock's official inclusion in the Nasdaq 100 index, which should have been a positive window for passive capital inflows. However, the stock price moved in the opposite direction, compounded by a broader market correction in tech stocks, pushing the stock into a deep correction phase.
EDGE shares surged over 48% in the last 24 hours, currently trading at $0.504.
According to Mars Finance, on July 8th, market data showed that EDGE surged over 48% in the past 24 hours, currently trading at $0.504.
Binance will support a planned upgrade to its stock trading service on July 11.
PANews reported on July 8th that, according to an official announcement, Binance stock trading will be temporarily unavailable due to a planned system upgrade by a partner broker. Users will be unable to submit stock trading orders during the upgrade period. The system upgrade will take place from 18:50 to 23:30 on July 11, 2026 (UTC+8).
US pre-market news at a glance: Samsung's earnings report triggered a collective weakness in semiconductor stocks in pre-market trading; SpaceX officially debuts on the Nasdaq 100 today.
According to BlockBeats, the following are key market news items before the US stock market opened on July 7th: 1. Samsung released its Q2 earnings forecast, showing an operating profit increase of over 1800% year-on-year, with single-quarter profits exceeding the total of the previous three years. Simultaneously, the company's revenue also increased by 129% year-on-year, reaching 171 trillion won. Affected by the semiconductor sell-off triggered by the "sell-off" of Samsung's earnings, chip-related technology stocks generally weakened in pre-market trading. The three major US stock futures indices showed mixed results in pre-market trading: Dow Jones futures rose 0.41%, Nasdaq 100 futures fell 0.9%, and S&P 500 futures fell 0.09%. 2. SpaceX officially debuted on the Nasdaq 100 before the US stock market opened today, with Wall Street institutions collectively bullish. Most institutions believe that SpaceX is no longer just a traditional aerospace company, but a platform company with the potential for rocket launches, Starlink satellite internet, AI infrastructure, and future space computing. 3. DeepSeek is secretly developing its own inference chip. If successful, this would reduce reliance on external suppliers and give it more cost-effective hardware control. However, the project is still in its early stages and faces manufacturing and memory acquisition restrictions due to US export controls. 4. UBS recommends investors buy SK Hynix's upcoming American Depositary Receipts (ADRs) and sell its South Korean shares, as these new shares are expected to trade at higher prices. 5. JPMorgan strategists say the recent weakness in semiconductor stocks should be seen as a buying opportunity, as the chip upcycle is not yet over, and truly meaningful new supply may not appear until 2028. 6. US ADP employment change for the week ending June 20 was 21,000, compared to 30,750 in the previous week. 7. BlackRock will launch an ETF tracking the tech-heavy Nasdaq 100 index, aiming to meet investors' growing demand for participation in the AI-driven stock market rally and challenge Invesco's dominant position. 8. Amazon is returning to the US bond market to raise funds for its artificial intelligence infrastructure. The company will issue eight benchmark bonds with maturities ranging from 3 to 40 years, raising at least $25 billion in the dollar bond offering. 9. Global brokerages have begun coverage research on Elon Musk's SpaceX (SPCX.O), and a preliminary consensus has formed on Wall Street: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have given it a buy rating, optimistic about its long-term growth prospects, although doubts remain about profitability and valuation.
Binance will delist five spot trading pairs, including GMX/USDC, on July 10.
PANews reported on July 7th that Binance announced it will delist five spot trading pairs—GMX/USDC, PARTI/FDUSD, RUNE/BTC, SEI/BTC, and T/USDC—on July 10th at 11:00 AM (UTC+8). Binance stated that this move is based on its regular assessment of factors such as liquidity and trading volume of spot trading pairs. Only the relevant trading pairs will be delisted; the related tokens can still be traded through other trading pairs in the Binance spot zone. The platform will also simultaneously terminate spot grid trading and other trading bot services for the aforementioned trading pairs. Users are advised to adjust or disable their relevant strategies in advance to avoid potential losses.
MSTR reversed its gains in pre-market trading and is currently down 2.79%.
According to BlockBeats, on July 6th, based on BIT (bit.com) market data, MSTR's pre-market price reversed from gains to losses, currently down 2.79%. In related news, Strategy confirmed that it sold 3588 BTC last week, raising $216 million, which was used to pay dividends on digital credit securities.