Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Storage concept stocks collectively decline SanDisk(SNDK.US) drops nearly 5%
On Thursday, storage concept stocks fell collectively. SanDisk ( SNDK.US ) dropped by nearly 5%, Micron Technology ( MU.US ) fell by more than 4%, and Seagate Technology ( STX.US ) and Western Digital ( WDC.US ) both fell by more than 3%. On the news front, the recent move by “Wall Street big short” firm Citron Capital targeting SanDisk has “doused a bucket of cold water” on the currently feverish storage chip industry. Citron’s attack on SanDisk is a reassertion of the prevailing “storage super cycle” logic in the market. The short-selling firm did not hide its view that the market’s pricing approach to SanDisk contains fundamental errors, and that the current tight supply of storage chips is merely a “mirage,” with the top of the cycle already close at hand. Citron’s short report has triggered renewed doubts about the “storage super cycle” and brought significant short-term volatility to related stocks.