Sandisk revenue surged 372%, but its stock crashed 7%—the AI storage bull market is being killed by three words: “too expensive”
Sandisk earnings—revenue of $8.97 billion, up 372% year over year, gross margin of 84.6%, EPS crushing expectations, plus a $14 billion buyback plan.
Western Digital earnings—revenue of $3.75 billion, up 44% year over year, net income surging 12-fold and beating expectations across the board.
And then?
Western Digital fell more than 11% after hours, while Sandisk dropped more than 7%.
At Thursday’s close, Western Digital plunged 13%, while Sandisk fell nearly 7%.
The

Erbing delivered perfectly, Zhiying—your Fei-ge is just this accurate, this reliable.
He never gives changing directions; he makes the direction crystal clear that very day. Just follow it and you can take off!!! $ETH
#MoonshotAIPreIPOs开启

You blocked me, but I think this passage is very important and really fits this restless market right now. It’s just like a fucking wet market. Trading isn’t grocery shopping—you don’t enter the market and then figure out what to buy; you decide what dish to make and then go to the market to buy the ingredients. The world’s dazzling prosperity can distract you, but if you buy all those ingredients and don’t know how to cook them, why buy them at all?

JUST IN: SK Hynix to invest $38.4B to expand Korea chip capacity, including M17 plant in Cheongju and a second-phase facility in Yongin, with completion by 2031. This could signal broader tech capex momentum for semis. $SKHYNIX

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🚨 Community Buzz Today: Gate Pre-IPOs is bringing $KIMI — is a $50B valuation too high?
📈 Moonshot AI is reportedly targeting a $50B Pre-IPO valuation
📈 Gate Pre-IPOs $KIMI subscription opens Aug 11, with a reference price of $105–$115
Everyone's discussing:
🔥 Is Moonshot AI worth $50B?
🔥 Can Kimi's AI tech and growth justify the valuation?
🔥 If Moonshot AI goes public, how high could its market cap go?
🎁 Join the IPO discussion
10 lucky users from the Gate Hot Chat group will share $1,000 in Futures Position Vouchers!
👉 Gate Pre-IPOs:
https://www.gate.com/ipos/pre-ipos
👉 Join the

#交易机器人#I am using the SNDKUSDT futures grid bot on Gate, with a total return of +626.76% since creation.

Gate has launched the third Pre-IPO offering, targeting Kimi (Moonshot)
But the mechanism is relatively complex and differs from the previous two offerings and the models used by other exchanges. Here is a simple explanation:
(1) The subscription target is a mirror note, with a valuation of approximately $50 billion. It appears to represent an allocation from the Series G financing round (which has not yet fully closed)
(2) The allocated shares obtained through the subscription will be traded on a dedicated market. One especially important point is: [Users may choose to sell their holdings to

$TUT Who is buying after the 21% surge? It spiked to 0.0330 before falling back, now at 0.0319, with a trading volume of 24M, showing huge disagreement. My long position entered at 0.0255 this morning is still open, but I won’t chase this move.
Discipline first: Don’t chase longs at the current price; 0.0330 above is the double-top resistance level. Those looking to enter should wait for a pullback to the 0.0295-0.0300 range to buy, with a stop-loss at 0.0282 and take-profit on a breakout above 0.0330. Aggressive traders can try a small short at the current price, with a stop-loss at 0.0335 an

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$SNDK Sandisk H4 Rising wedge:
We do a ChoCH above 1325, pull back to 1300-1310 zone and then fly off to 1480-1520 again.
This is now looking like a solid consolidation pattern having bounced twice off the lower trendline in quick succession and on one very occasion post grabbing liquidity.
For now this looks bullish to the upper trendline and from there we look for rejections again. This is a bearish pattern in general since its a rising wedge so it will fall down at some point but for now we look for the upside.
Bookmark this tweet since we will be updating below this post only. like and re

#晒出我的持仓收益#Just got lucky, still staying bullish.

$BTC Holding $64.3K Range ⚖️
Bitcoin is trading around $64,300–$64,400, consolidating in a tight band after failing to sustain moves toward $65,000.
Technical Snapshot:
• Support: $64,000 – $64,150 (key short-term demand)
• Stronger support: $63,600 – $63,800
• Resistance: $64,800 – $65,000
• Momentum: Neutral. Price is range-bound with low volatility.
The Setup:
BTC is coiling inside a narrow consolidation after recent recovery attempts. Holding above $64,000 keeps the short-term structure constructive. A clean break and hold above $65,000 would open the path toward $66,000–$67,000.
Loss of

The trend is slowly beginning to change. The resistance above remains effective on the four-hour timeframe, with the price trading above the moving average. MACD: bearish volume is beginning to increase.
KDJ is beginning to flatten out. Trading volume on both sides continues to gradually shrink, and open interest has not increased significantly. The trend is clearly declining, and the resistance above remains effective. A surge higher is also possible, so let’s battle at the key resistance level above.
#BTC#ETH#trader

Tonight at 20:30, focus on the July nonfarm payrolls
This will directly affect rate-cut expectations and determine Bitcoin’s short-term trend.
Previous reading: 57k; unemployment rate: 4.2%
▫️>57k: Strong employment, rate cuts delayed, putting pressure on the market
▫️<57k: Employment weakens, rate-cut expectations rise, favorable for a rally
▫️Near the previous reading: No market-driving impact, with prices moving sideways
Also monitor the unemployment rate. Nonfarm payrolls often trigger sharp volatility, with many wicks and slippage. Do not take large positions to speculate; follow the move

Previously, a business called “AI poisoning” became popular in China:
Merchants deliberately posted batches of fake advertorials online so that AI search engines would find them and recommend their own products as the best choice.
But now you don’t even need to do it “deliberately”—if three people repeat a falsehood, they can lead AI astray.
There is a US company called Flock that specializes in installing AI surveillance cameras for police and communities. The more cameras it installed, the more opponents it attracted.
A meme then began circulating online: these cameras were packed with gold

#NFPNightSetsTheDirection
Tonight's Non-Farm Payrolls report is more than just another economic release—it could become the defining catalyst for market direction over the coming weeks. Investors across equities, bonds, commodities, and cryptocurrencies are waiting for fresh evidence on the strength of the U.S. labor market because it will heavily influence expectations for future Federal Reserve policy. With uncertainty already elevated, this report has the potential to trigger sharp moves across every major asset class.
The backdrop leading into this release is already interesting. The late

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