US pre-market AI stocks broadly higher, INTC up 4.04%

Odaily reports: Crypto analyst Ignas posted on X that PAPER token mining rewards have dropped significantly. Early users could earn 100 PAPER for every $1 of qualifying trading losses, but this has now fallen to approximately 11 PAPER. At current reward levels, a trade with a $1,000 loss would yield only about 10,700 PAPER. Based on recent staking yield levels, this translates to daily earnings of roughly $2.60 to $4.90, requiring approximately 200 to 385 days to recoup the loss—and this does not yet account for dilution effects from token emissions.In his view, once PAPER opens up for transfer, some trading users may prefer to sell tokens directly to recover losses, creating potential selling pressure. Galaxy Research previously noted that PAPER's market price will affect the scale of mining activity, which in turn determines the protocol's long-term revenue. If a decline in token price leads to reduced mining activity, it could further weaken protocol revenue and staking yields. PAPER's long-term value depends on whether Papertrade can continue to attract genuine trading demand and sustain revenue after incentives decline.

Odaily reports: The BNB Foundation has announced the completion of its 37th quarterly token burn, with a total of 1.6462 million BNB burned, worth approximately $1.197 billion. After the burn, the total circulating supply has dropped to approximately 131.5 million.

Odaily reports that, according to Lookonchain monitoring, a certain address experienced multiple liquidations over the past 10 hours, with a cumulative liquidation of 8,163 ETH, valued at $19.78 million.

Odaily: Bank of America believes that the recent correction in US memory stocks has largely decoupled from fundamentals, with valuation multiples having bottomed out, and the market's concerns about the AI memory boom turning to bust are overdone. The bank expects that average selling prices, revenue, and profit margins for memory chips will remain at super-cycle levels in 2027-2028, and even if earnings growth slows, absolute levels will remain near historical highs. (Cailianshe)

Odaily reports: In response to the recent stock market decline that has caused a significant shrinkage in the valuation of domestic Korean stocks held by the National Pension Service, South Korean President Lee Jae-myung stated on the 19th: "We are continuously assessing what policy measures need to be taken to normalize the stock market. We will hear a comprehensive report in the near future and take necessary measures."Lee Jae-myung said: "After a sharp rise in stock prices, a correction is inevitable, and no one knows to what extent the correction will go. Unlike in the past, it is now difficult for the government to directly intervene in the financial market or securities market, and doing so is not advisable." However, he pointed out: "The Korean stock market is severely undervalued. One of the biggest reasons for this phenomenon is that negative perceptions of transparency and fairness in the market have not yet been completely eliminated."Regarding market trends and prospects, he said the government is monitoring closely. He said: "In the stock market, many people keep telling themselves over and over 'it won't fall, it won't fall,' and end up getting stuck holding losses. We need to minimize this situation as much as possible." (Yonhap)

Odaily reported: According to MSX.COM data, AI-related stocks are broadly higher in US pre-market trading, with INTC up 4.04%, MRVL up 3.52%, KLAC up 3.37%, ARM up 3.28%, and MU up 2.69%.It is reported that MSX.COM is a decentralized RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering US stock and ETF tokenized assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.