Figure reports $4.3B in loan marketplace volume as profit nearly triples
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Yongding Co., Ltd.: Net profit is expected to increase by 57%-120% year-on-year in the first half of the year, and by 114%-240% quarter-on-quarter in Q2. The optical fiber market is experiencing both volume and price increases.
According to Mars Finance, Yongding Co., Ltd. (600105.SH) announced that it expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between 500 million and 700 million yuan, representing a year-on-year increase of 57%-120%. The performance change is mainly due to the optical communication sector benefiting from the advancement of the digital economy and the explosive growth in demand for AI computing power, resulting in both increased volume and price in the optical fiber market and a significant increase in sector profits. Note: The company's Q2 net profit is expected to be between 341 million and 541 million yuan, while Q1 net profit was 159 million yuan. Based on this, Q2 net profit is expected to change by 114%-240% quarter-on-quarter. (Cailian Press)
Figure released its Q2 operating data: transaction volume reached $4.26 billion, a year-over-year increase of 132%.
According to Mars Finance, Figure released preliminary operating data for June and the second quarter, both exceeding the upper limit of its previous guidance. The data shows that Figure's market transaction volume in the second quarter was $4.26 billion, a year-on-year increase of 132%; of which, the transaction volume in June alone was $1.52 billion, a month-on-month increase of 8% and a year-on-year increase of 155%. Figure also announced that it will transform to adopt a near-real-time operational transparency reporting model and launch a weekly updated dashboard to provide more direct visibility into market size.
Samsung expects its Q2 operating profit to reach 89.4 trillion won, a staggering 1810% year-on-year increase.
According to an official announcement from Samsung Electronics, the company has released its performance guidance for the second quarter of 2026. Based on Korean International Financial Reporting Standards (K-IFRS), Samsung Electronics expects consolidated sales of approximately 171 trillion won (estimated range: 170 trillion to 172 trillion won) and consolidated operating profit of approximately 89.4 trillion won (estimated range: 89.3 trillion to 89.5 trillion won). Data shows a significant leap in Samsung Electronics' performance compared to the same period last year. In comparison, its consolidated sales in the second quarter of 2025 were 74.57 trillion won, and its operating profit was 4.68 trillion won; in the previous quarter (first quarter of 2026), its sales were 133.87 trillion won, and its operating profit was 57.23 trillion won. This strong performance is mainly attributed to the continued surge in demand and price increases for high-bandwidth memory (HBM) and other advanced memory chips driven by the ongoing artificial intelligence boom. Samsung Electronics is reportedly set to release a detailed full financial report later this month.
A wallet invested $436.76 to buy CZ, which is now worth approximately $214,300, representing a profit of nearly 490 times.
According to Foresight News , Onchain Lens monitoring shows that a wallet made a small investment of $436.76 to buy CZ, which is currently worth about $214,300, a profit of nearly 490 times. The wallet still holds all 3.2 million CZ.
In the past hour, nearly $6 million in SPCX contract liquidations occurred across the entire network, exceeding the figures for BTC and ETH during the same period.
According to Mars Finance, on July 7th, Coinglass data showed that nearly $6 million in SPCX futures contracts were liquidated across the entire network in the past hour, including $4.24 million in SPCX trading pairs and $1.6 million in XYZ:SPCX trading pairs. It's worth noting that while US tech stocks experienced a "Black Tuesday," the Bitcoin and crypto markets remained relatively stable, with only $4.86 million in BTC liquidations and $4.35 million in ETH liquidations during the same period.
Switch concept stocks remain active, with Feilingco rising nearly 15%.
Mars Finance reports that the switch concept stocks rebounded strongly in the afternoon, with Feilingkesi rising nearly 15%. Previously, Ruijie Networks had achieved four limit-up days in five trading days, with Ruijie Networks rising over 10%. Shengke Communication, Unisplendour Corporation, Hengwei Technology, and Gongjin Technology also followed suit. In terms of news, Ruijie Networks announced that it expects its Q2 net profit to increase by 632%-955% quarter-on-quarter. A research report from Shanxi Securities states that AI data center switches are entering a period of triple resonance: increased demand, speed upgrades, and domestic substitution. Major internet companies, operators, government and enterprise cloud providers, and intelligent computing centers continue to expand production, and the adoption rate of domestic switches, switching chips, and networking solutions is expected to rise. (Cailian Press)