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Samsung earnings slump 56% amid struggles to catch SK Hynix in AI chip race
Samsung earnings slump 56% amid struggles to catch SK Hynix in AI chip race

Share link:In this post: Samsung’s operating profit fell 56% in Q2 2025 to 4.6 trillion won ($3.3 billion), missing analyst expectations. The drop was driven by inventory costs and delays in delivering advanced memory chips crucial for AI. Samsung is lagging behind SK Hynix and Micron in the high-bandwidth memory (HBM) chip market, especially for Nvidia’s AI accelerators.

Cryptopolitan·2025/07/08 10:00
Apple urges US appeals court to overturn Apple Watch ban
Apple urges US appeals court to overturn Apple Watch ban

Share link:In this post: Apple asked the US Court of Appeals to overturn a 2023 ITC ruling that banned imports of Apple Watches with blood-oxygen tracking technology. The ITC found that Apple infringed on Masimo’s pulse oximetry patents, leading to a ban on Apple Watch Series 9 and Ultra 2 imports in the US. Masimo claims Apple stole its technology after failed collaboration talks and defends the ITC ruling as proper.

Cryptopolitan·2025/07/08 10:00
Two Ethereum genesis wallets reactivate after 9 years, moving $2.9M in ETH
Two Ethereum genesis wallets reactivate after 9 years, moving $2.9M in ETH

Share link:In this post: Two Ethereum wallets from 2015 moved 1,140 ETH after nearly a decade of inactivity. Ethereum’s price rose following the Pectra upgrade that improved scalability. Bit Digital tripled its ETH holdings to over 100,000 coins.

Cryptopolitan·2025/07/08 10:00
US Proposes 10% Tariffs Trade Deal to EU
US Proposes 10% Tariffs Trade Deal to EU

The US has proposed a 10% tariffs trade deal to the EU, aiming to ease trade tensions, according to Politico.A New Proposal to Ease Trade TensionsWhat’s at Stake?A Shift in Trade Strategy?

Coinomedia·2025/07/08 09:15
Bitcoin Supply on Exchanges Hits New Low
Bitcoin Supply on Exchanges Hits New Low

Bitcoin supply on exchanges drops to a record low, signaling strong investor confidence and long-term holding.Investors Pull BTC Off ExchangesHODLing Season in Full SwingA Bullish Setup for BTC?

Coinomedia·2025/07/08 09:15
Flash
18:32
Data: If BTC breaks above $65,774, the total short liquidation intensity on major CEXs will reach $825 million.
According to ChainCatcher, based on Coinglass data, if BTC surpasses $65,774, the cumulative short position liquidation volume across major CEXs will reach $825 million. Conversely, if BTC falls below $59,989, the cumulative long position liquidation volume across major CEXs will reach $750 million.
16:42
White House officials say the Bitcoin and cryptocurrency market structure bill is about to pass
White House officials stated that the Bitcoin and cryptocurrency market structure bill is about to be passed, and said that US President Trump will immediately sign the bill. (The Bitcoin Historian)
16:40
BP considers withdrawing from offshore wind power project in northern Japan
Golden Ten Data, July 6 – According to a report by Nikkei, BP is considering withdrawing from its offshore wind power project in northern Japan, which it is jointly developing with Japanese partners. Although the consortium led by Marubeni Corporation is expected to continue with the project, the withdrawal of this international energy giant undoubtedly deals a blow to Japan’s offshore wind power industry. According to several sources, BP has begun consultations with consortium partners regarding its exit. BP’s UK headquarters stated that no final decision has been made yet.
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