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Svmuu News: U.S. Secretary of State Rubio said on the 25th in Manama, the capital of Bahrain, that the United States hopes to reach an agreement with Iran, but will not do so at any cost. Rubio made these remarks while attending a ministerial meeting between the Gulf Cooperation Council (GCC) and the United States. He said the U.S. seeks to engage in constructive dialogue with Iran and reach a final agreement, but will not do so at any cost. He also stated that no country has the right to impose tolls in the Strait of Hormuz. Rubio has been visiting the United Arab Emirates, Kuwait, and Bahrain since the 23rd. All three countries host U.S. military bases. (Xinhua News Agency)

Svmuu News: According to MSX data, IBM (IBM.N) rose 4.5% in premarket trading on the U.S. stock market. This follows the company’s launch of the world’s first sub-1-nanometer chip technology. Compared to its 2-nanometer process chips, the new chip design offers up to a 50% increase in performance and a 70% improvement in energy efficiency.

Svmuu News: Daniela Hathorn, Senior Market Analyst at Capital.com, said: ““As earnings reports from Micron once again confirmed that the AI investment cycle remains robust, U.S. stocks have recouped some of their losses. This has boosted market sentiment across the entire semiconductor sector—where high-growth stocks had previously underperformed—suggesting that investors remain willing to overlook short-term volatility as long as earnings prospects continue to support high valuations.” (Jin Shi)

Svmuu News: CoinEx issued a statement regarding the transactions involving Alireza Derakhshan and Zedcex/Zanjani mentioned in a recent report by The Wall Street Journal. Based on the information currently available, all relevant transactions took place before the U.S. Department of the Treasury imposed sanctions on the aforementioned entities. CoinEx does not provide services to any sanctioned entities or individuals, nor has it ever facilitated any transactions for such entities while knowing they were subject to sanctions. CoinEx has never established any commercial partnerships with entities affiliated with the Iranian government or domestic Iranian exchanges, nor has it ever provided funding channels or any form of active assistance to Iranian government agencies, entities affiliated with the Revolutionary Guards, or other sanctioned entities.
As early as 2021, CoinEx was blacklisted by the Iranian government, and its official domain was blocked within Iran. This fact alone demonstrates that CoinEx is not a platform officially recognized, supported, or partnered with by the Iranian government, nor does it have any practical basis for serving as an official funding channel for Iran. CoinEx has never established any offices or operational entities in Iran. While some individuals have spontaneously promoted CoinEx through the platform, this is not an action organized by CoinEx. CoinEx strongly opposes narratives that conflate the actions of ordinary users with state-level sanctions evasion, and rejects the inference that on-chain fund flows directly equate to the platform’s knowledge of, support for, or participation in illegal activities.
Regarding the Bybit hacking incident mentioned in the report, CoinEx assisted Bybit in blocking accounts and freezing assets immediately after the incident occurred. Furthermore, CoinEx will conduct an internal review of the relevant transactions mentioned in the report.
Following the imposition of sanctions on Iranian domestic exchanges such as Nobitex, CoinEx immediately initiated a comprehensive review of its exposure to risks related to Iran and began the process of withdrawing from the market, implementing the following measures:
Refusing to accept user registrations from Iran, strengthening user identification for Iranian users, and continuing to conduct compliance-based account closures for identified Iranian user accounts;
Implementing comprehensive geofencing and access restrictions for the Iranian region; accounts and assets of identified sanctioned entities or individuals will be restricted or frozen;
Strengthening the KYT system to enhance monitoring and review capabilities regarding transactions involving sanctioned regions, high-risk addresses, and anomalous on-chain paths, and freezing relevant transactions;
Continuing to identify and address accounts that abuse the platform for illegal activities, particularly those using CoinEx as a conduit for funds.
CoinEx places a high priority on compliance, anti-money laundering, and sanctions risks within the digital asset industry and believes it has a responsibility to provide clear and objective responses to its users and partners.

Svmuu News: Morgan Stanley released a report raising its price target for Micron Technology (MU.O) from $1,050 to $1,200 and maintaining its “Overweight” rating.The firm raised its fiscal 2027 earnings per share (EPS) forecast by approximately 40% to $168 per share and increased its free cash flow forecast from $104 billion to $140 billion.The firm shares the view of Micron management that AI will cause DRAM demand to continue to significantly outpace supply beyond 2027. Micron’s results for the previous quarter were in line with this trend, and there is significant upside potential for both quarterly performance and outlook. (Jinshi)