闪迪 · 423

SK Hynix and Samsung shareholder return plans questioned: Micron and SanDisk call for 100% refund of excess cash

Comparatively, after Samsung Electronics and SK Hynix announced the introduction of a shareholder return plan to use more than 50% of free cash flow (FCF) for shareholder returns, SanDisk (SanDisk) and Micron (Micron) proposed to return 100% of “excess cash (excess cash)” to shareholders, causing the market to question the relatively low level of shareholder returns of Korean semiconductor companies. However, the Korean industry and financial institutions pointed out that the definitions of cash indicators based on the two types of policies are not the same, and it is unfair to just compare the ratio of “50%” to “100%.” The industry believes that Korean corporate return policies based on FCF are more definitive in terms of monetary forecasting, execution standards, and transparency. According to our understanding, FCF generally refers to the cash generated by an enterprise through business activities, the remaining cash after deducting investment expenses such as capital expenses (CAPEX), etc., which can be calculated more objectively through data such as cash flow statements. Samsung Electronics previously announced that 50% of the three-year cumulative FCF from 2024 to 2026 will be used for shareholder returns; SK Hynix also plans to use more than 50% of the cumulative FCF for shareholder returns between 2025 and 2027. (Yonhap)

1m ago

A number of crypto concept stocks rose more than 10% in the intraday market, and the AI sector was not surprised

Comparative news, according to BIT (bit.com) market data, after the opening of the US stock market, many crypto concept stocks continued to rise, with intraday gains of more than 10%. GEMI rose 10.03%, HOOD rose 12.98%, CRCL rose 9.25%, and COIN rose 9.6%. The AI sector is not surprised today, with mixed ups and downs. Among them, the storage stock SanDisk fell 0.34%, and Neocloud stock NBIS rose 2.78%. US stock Hynix rose 1.85%. LITE, an optical communications concept stock, rose 2.01%.

1d ago

US stocks closed, and the storage and optical communications sectors strengthened

Comparative news, according to MSX.COM data, US stocks closed, and the storage and optical communication sectors strengthened. SK Hynix rose more than 4%, Micron Technology rose more than 3%, and Sandisk rose more than 2%. Additionally, Applied Optoelectronics rose more than 5%, and Lumentum rose more than 6%. Walmart shares closed down 9.2%, the biggest one-day decline since May 2022.

1d ago

The three major US stock indexes closed down this morning. Maywell rose 5.8%, and cryptocurrency concept stocks generally rose

Comparative news is that US stocks closed on Thursday. The Dow initially closed down 1.3%, the S&P 500 index fell 0.86%, and the NASDAQ fell 1%. Moderna fell 23.5% and Maywell Technology Group rose 5.8%. The storage sector generally rose, with Micron Technology up about 4%, SanDisk up 2%, and Seagate 2.12%. In terms of cryptocurrency concept stocks, MSTR rose 7.81%, CRCL up 6.42%, COIN 7.58%, BMNR 6.62%, SBET 7.20%, and PURR 7.35%.

1d ago

US stocks generally rose pre-market storage, Neocloud, optical communications and semiconductor stocks, and SKHY rose more than 4%

Comparative news. According to BIT (bit.com) market data, US stocks generally rose in pre-market storage, Neocloud, optical communications, and semiconductor stocks on Thursday. Storage stocks rose across the board. Hynix (SKHY) rose 4.58%, SanDisk (SNDK) rose 2.14%, Seagate (STX) rose 1.85%, Micron Technology (MU) rose 1.70%, and Western Digital (WDC) rose 1.39%. The Neocloud sector collectively strengthened, with Galaxy Digital (GLXY) up 2.28%, Cipher Digital (CIFR) up 2.20%, Nebius (NBIS) 2.07%, Hut 8 (HUT) 1.85%, and TeraWulf (WULF) up 1.81%. Most optical communications stocks rose, with Applied Optoelectronics (AAOI) up 2.55%, Credo (CRDO) 2.21%, Coherent (COHR) up 1.81%, Lumentum (LITE) up 1.68%, and Nokia (NOK) down 0.20%. Semiconductor stocks rose across the board, with Broadcom (AVGO) up 1.21%, Fanlin Group (LRCX) 1.17%, KLAC (KLAC) 1.15%, Arm 0.98%, and AMD 0.85%.

2d ago

U.S. stocks closed, Moderna rose 176%, and market capitalization increased by $44 billion

Comparative news, according to MSX.COM data, the Nasdaq Biotech Index surged 6.4%, the biggest increase in six years; Moderna soared 176%, increasing its market capitalization by $44 billion; and Merck closed up 13%, the biggest one-day increase since March 2009. Estée Lauder's stock price closed up 16%, the biggest increase since 2011. Furthermore, the storage and optical communications sectors declined, with Seagate falling more than 7%, Western Digital by more than 6%, SanDisk by 3.5%; Lumentum by more than 5%, Coherent by more than 6%, and Corning by more than 5%.

2d ago

The three major US stock indexes closed higher this morning, Moderna surged 177%, and crypto concept stocks soared

Comparative news, according to BIT (Bit.com) market data, US stocks closed on Wednesday. The Dow initially closed up 0.22%, the S&P 500 index rose 0.21%, and the NASDAQ rose 0.16%. Moderna (MRNA.O) surged 176.9%, while MSD (MRK.N) rose 12.6%. Moderna and MSD announced that the personalized mRNA cancer vaccine intismeran autogene (formerly mRNA-4157/v940) and MSD's immunotherapy drug Keytruda (pabolizumab), which were jointly developed by both parties, reached a primary end point and a key key secondary endpoint in a phase III clinical trial (InterPath-001) for high-risk melanoma (skin cancer) patients. Mywell Technology (MRVL.O) rose more than 9.8%, SK Hynix (SKHY.O) rose 0.35%, SanDisk (SNDK.O) fell 3.5%, and Micron Technology (MU.O) fell 0.39%. In terms of cryptocurrency concept stocks, Strategy shares rose 11.95% to $103.58, up more than 13% during the intraday period; Coinbase rose 9.05% to $159.47; stablecoin issuer Circle rose 9.44% to $78.50; and Ethereum reserve company BitMine rose 9.68% to $20.05.

2d ago

The rise and fall of semiconductor, storage and optical communication stocks in the US market were mixed. SKHY rose more than 4% and NOK rose more than 2%

Comparative news, according to BIT (bit.com) market data, US stocks of semiconductor, storage, and optical communications stocks had mixed ups and downs before the market. Most semiconductor stocks fell, with Intel (INTC) down 1.23%, Mwell Technology down 1.00%, Qualcomm (QCOM) down 0.44%, AMD down 0.37%; Taiwan Semiconductor Manufacturing Company (TSM) up 0.38%, and Nvidia (NVDA) up 0.29%. The storage sector had mixed ups and downs. Hynix (SKHY) rose 4.40%, SanDisk (SNDK) rose 0.80%; Micron Technology (MU) fell 0.08%, Seagate Technology (STX) fell 0.19%, and Western Digital (WDC) fell 0.44%. Most optical communications stocks rose, with Nokia (NOK) up 2.13%, Applied Optoelectronics (AAOI) up 1.22%, Ciena (CIEN) up 0.73%; Mwell Technology (MRVL) down 1.00%, and Corning (GLW) down 0.88%.

3d ago

Global equity and debt double kill: 30-year US bond yields soared to 5.33%, and the AI industry chain suffered a severe setback

Comparing news, the global financial market has experienced sharp fluctuations. The European, American, Japanese, and South Korean markets have experienced a double slump in stocks and bonds, and the sharp rise in long-term US bond yields has become the focus of market attention. In the Asian market, the sharp decline in the Korean stock market triggered a trading mechanism. The KOSPI index closed down 5.8%, SK Hynix fell nearly 10%, Samsung Electronics fell more than 8%; and the Nikkei 225 index closed down 3.16%. More than 5,000 A-shares fell, leading the decline in AI industry chain sectors such as semiconductors, computing power hardware, PCBs, memory, and CPO. In terms of US stocks, the three major indices fell for the third consecutive trading day, and the Philadelphia Semiconductor Index fell nearly 5% in a single day. Shares of AI-related companies such as Micron Technology, Western Digital, SanDisk, Marvell, AMD, Intel, Coherent, and Credo experienced a sharp correction in stock prices. According to market analysts, the core trigger for this round of sell-off comes from the rapid rise in global long-term bond yields. The 30-year US Treasury yield rose to 5.33% intraday, a record high since 2007. Meanwhile, French, German, British, and Japanese long-term treasury yields have all risen to multi-year highs, and global long-term capital costs are being repriced. According to data from the US Treasury Department, the amount of US debt held by overseas investors fell to 9.299 trillion US dollars in June, a decrease of about 72 billion US dollars compared to May. Among them, Japan's holdings fell to 1.116 trillion US dollars, reducing their holdings by 26.4 billion US dollars in a single month; UK holdings fell to 939.9 billion US dollars. As risk-free interest rates rise, the market is beginning to re-evaluate the AI industry's high capital investment model. Investors are concerned that continued expansion of data centers, GPU procurement, and infrastructure construction will require significant financing, and that higher capital costs may reduce future cash flow estimates for technology companies. Currently, the market is concerned about three major variables: 30-year US Treasury yield trends, the Federal Reserve's judgment on long-term interest rate paths, and whether subsequent earnings reports from tech giants such as Nvidia and Broadcom can verify AI return expectations. The US Treasury Department will issue 16 billion US dollars of 20-year US bonds at 1 a.m. Beijing time on Thursday. The market will pay close attention to the results of this issuance.

3d ago