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22:11
US Stock Market Magnificent Seven Closing Report | Tesla closes up 3%, Apple rises about 2.6%
Constituent stock Tesla closed up 3.01%, Apple rose 2.59%, Meta increased 1.73%, Nvidia gained 1.68%, Google A climbed 1.68%, Microsoft increased 0.60%, and Amazon rose 0.34%. In addition, Eli Lilly closed up 2.55%, TSMC increased 1.97%, AMD rose 0.05%, while Berkshire Hathaway Class B shares fell 0.11%. The “ultra-large” market cap technology stock index rose 0.71% to 409.42 points, up 9.10% for the week. Besides Tesla, Google A, AMD, Apple, Microsoft, Nvidia, Meta Platforms, and Amazon, Broadcom closed up 2.03%, Qualcomm rose 1.29%, Salesforce increased 0.51%, Adobe dropped 1.49%, Oracle fell 1.84%, and Netflix plunged 9.72%.
22:08
Strategy plans to change the STRC preferred stock dividends to a semi-monthly distribution.
According to Odaily, Strategy has proposed to adjust the dividend mechanism for its STRC preferred shares, planning to change the current monthly dividend distribution to twice a month (every half month), subject to shareholder approval. STRC is a perpetual preferred share that aims to trade close to a face value of 100 US dollars and adjusts its price through a floating dividend mechanism. The current annualized dividend is about 11.5%. The company stated that increasing the dividend frequency will help reduce reinvestment lag, enhance market liquidity, and strengthen price stability. STRC is one of the series of preferred stock financing instruments from Strategy, which together with STRF, STRE, STRK, and STRD, makes up its capital structure. These instruments have helped the company raise significant funds to continue increasing its Bitcoin holdings.
22:01
Rhea Finance attack review: losses expand to $18.4 million, some funds have been recovered
According to ChainCatcher, Rhea Finance has released a post-mortem attack report, confirming an actual loss of approximately $18.4 million due to this vulnerability, a significant increase from the initial estimate of around $7.6 million. The attacker constructed complex transaction paths and manipulated liquidity through fake token pools, directing borrowed assets into pools under their control while returning only a minimal amount. This rapidly turned a large number of collateral positions into low-collateral states, triggering liquidations and ultimately depleting the protocol's reserve funds.
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