Express news before the US stock market opens
1. The three major stock index futures of the US all rose: Dow Jones futures rose by 0.28%, S&P 500 futures rose by 0.20%, and Nasdaq futures rose by 0.26%.
2. European stock market indexes all rose: Germany's DAX30 rose by 0.77%, France's CAC40 rose by 0.51%, Europe's Stoxx50 rose by 0.85%, and the UK's FTSE 100 rose by 0.20%.
3. Qudian's Q2 revenue plummeted by 93.5% to $490,000, mainly due to intensified industry competition and the decision to stop its last-mile delivery business.
4. A US federal court ruled that Musk must respond to the "long-term harassment" counterclaim by OpenAI, rejecting his motion to dismiss and dismissing some of the allegations against OpenAI/Microsoft, escalating the case; Musk also threatened to file an antitrust lawsuit against Apple over App Store ranking issues.
5. The cryptocurrency exchange Bullish IPO priced at $37, offering 30 million shares to raise around $1.1 billion, with a valuation of approximately $5.4 billion, receiving intended subscriptions from BlackRock and ARK, and is set to list on the NYSE tonight.
6. Bitmine plans to issue $20 billion in new shares to increase holdings of ETH, aiming to control 5% of the circulating supply; presently holding around 1.15 million coins, the news has caused the stock price to increase by more than 5%.
7. Circle Internet and its shareholders collectively sold 10 million shares, with the stock price initially rising by 16% post-earnings report but later dropping by around 5%.
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