FedEx shares continued their decline in after-hours trading, currently down about 6%.
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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.
In pre-market trading on the US stock market, semiconductor, memory, and optical communication sectors continued their decline, with Micron and SanDisk both falling by more than 5%.
According to Mars Finance, on July 8th, based on BIT (bit.com) market data, semiconductor stocks generally fell in pre-market trading in the US. Marvell Technology (MRVL) fell 4.46%, Arm (ARM) fell 3.51%, Intel (INTC) fell 3.47%, Lam Research (LRCX) fell 3.11%, and Applied Materials (AMAT) fell 2.85%. The memory sector saw the largest declines, with SanDisk (SNDK) falling 5.59%, Micron Technology (MU) falling 5.28%, Western Digital (WDC) falling 4.53%, and Seagate Technology (STX) falling 4.19%. Optical communication concept stocks also came under pressure, with Astera Labs (ALAB) down 4.57%, Applied Optoelectronics (AAOI) down 4.47%, Credo (CRDO) down 4.42%, Corning (GLW) down 4.22%, Ciena (CIEN) down 3.69%, and Coherent (COHR) down 3.44%.
Samsung and SK Hynix continued to see their intraday declines widen.
According to BlockBeats, on July 7th, Bitget reported that the South Korean KOSPI index fell by 6.00% intraday, currently trading at 7565.84 points. Samsung Electronics fell by 8%, and SK Hynix fell by more than 7%.
Broadcom shares rose more than 4% in pre-market trading after the company extended its technology collaboration with Apple to 2031 through a new multi-year agreement.
According to BlockBeats, on July 6th, citing SEC filings, Broadcom (AVGO.O) and Apple (AAPL.O) have extended their technology collaboration to 2031 through a new multi-year agreement. Broadcom will develop and supply a range of custom ASIC silicon products for use in the manufacture of multiple generations of Apple products. Possibly influenced by this positive news, Broadcom's US-listed shares rose in pre-market trading, currently up over 4%.
ZachXBT: LAB has plummeted 85% in 24 hours; trading this token is not recommended.
According to ChainCatcher, on-chain investigator ZachXBT stated that the LAB token has plummeted from $14 to less than $2 in the past 24 hours, a drop of approximately 85%, resulting in a significant reduction in its fully diluted valuation (FDV) from approximately $14 billion. ZachXBT expressed disappointment that Binance, Bitget, and Gate failed to take proactive measures to prevent price manipulation, stating that if centralized exchanges truly valued user interests, they should at least return the profits of accounts suspected of market manipulation to users. He further pointed out that LAB investors were originally scheduled to begin unlocking their tokens later this month, but the vesting arrangements have been repeatedly altered. Insiders have long controlled almost the entire circulating supply and have been using market makers to conduct extreme price manipulation on centralized exchanges; therefore, he "does not recommend trading LAB under any circumstances."
SpaceX's losses widened to over 5%, currently trading at $152.
PANews reported on July 7 that, according to Bybit data, SpaceX (SPCX.O) shares fell further to 5.2%, currently trading at $152 per share.