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05:13
Michael Saylor stated that he once used AI to design the preferred stock STRC, which is currently trading at a 13% discount to its target price of 100 dollars.
Jinse Finance reported that on June 19, Michael Saylor revealed he had used artificial intelligence (AI) to help design the Strategy preferred stock STRC. Currently, STRC preferred shares are trading at around $87, about 13% below the intended target value of $100.
05:08
SK Hynix Q2 profit expected to reach 60-70 trillion won, driven to a new high by AI memory demand
BlockBeats News, June 19 — Market analysts generally expect that the company's operating profit in the second quarter of 2026 will be in the range of 60 trillion to 70 trillion KRW, far higher than the record high of 37.6 trillion KRW set in the first quarter. The Q1 financial report released in April shows SK hynix's revenue reached 52.58 trillion KRW, with operating profit at 37.61 trillion KRW and an operating margin as high as 72%, both setting new quarterly records. The core drivers of this surge are the strong demand and price increase for high bandwidth memory (HBM) and high-end DRAM. Management pointed out that the structural memory shortage driven by AI infrastructure will last at least three years. Entering the second quarter, expectations of rising memory prices have further boosted profit prospects. Analysts expect DRAM and NAND contract prices to rise another 50% to over 70% quarter-on-quarter. With a product structure focused on high-margin items, even a slight price increase exerts a significant leverage effect on SK hynix. The current market consensus puts the Q2 median operating profit at around 62 trillion to 64 trillion KRW, with some brokerage firms like Kiwoom Securities raising their forecast to 70 trillion KRW, while earlier consensus was only around 40 trillion KRW. This optimism is already reflected in the share price. Since the beginning of this year, SK hynix’s cumulative increase has exceeded 300%, and at the end of May its market capitalization briefly surpassed 1 trillion USD, making it the second Asian chip company to join the "trillion-dollar club" after Samsung Electronics. By comparison, the market expects Samsung Electronics' memory business Q2 profit to also be raised to the 70 trillion KRW level, with the combined industry profits from these two Korean giants rapidly expanding. Although geopolitical and AI capital expenditure timing uncertainties remain, HBM technological barriers and long-term supply-demand imbalances give SK hynix a clear advantage in the current memory upcycle. The company’s Q2 financial report is expected to be released in late July, when the market will test the extent to which these aggressive forecasts are realized. For investors focused on the AI theme, SK hynix remains one of the most direct beneficiaries at present.
05:08
The intraday gain of USD against CHF has expanded to 0.5%, currently at 0.8086
According to ChainCatcher and Golden Ten Data, the USD/CHF intraday gain has expanded to 0.5%, currently quoted at 0.8086.
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