U.S. stock market pre-market news summary: Intel to invest 5 billion euros in expanding its factory in Ireland; pre-market collective decline in storage and semiconductor equipment sectors

BlockBeats News, July 13, a roundup of important pre-market news for US stocks is as follows:

1. JPMorgan, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs will be the first to release their second-quarter financial reports on Tuesday, while Morgan Stanley will publish its performance on Wednesday. The market expects that, driven by the SpaceX IPO, increased M&A activity, and market volatility caused by the Iran situation, US large banks' investment banking and trading income will grow significantly;

2. Trump stated that Iran always breaks agreements, so the US will strike them hard, will control the strait, and will likely dominate it in the future;

3. SK Hynix US stock ADR trades at a 23.4% premium over its Korean stock;

4. Semiconductor equipment and memory sectors collectively fell pre-market, KLAC down 3.7%, Sandisk and Western Digital both dropped over 5%;

5. Spot gold and silver broadly declined, gold fell 1.32%, silver fell 2.23%;

6. Crude oil markets generally declined, US oil rose 3.35%, Brent oil rose 3.53%;

7. Strategy did not increase holdings in Bitcoin last week, sold 4.82 million shares raising $467 million;

8. Bitmine increased holdings by 27,801 ETH last week, with a total staked volume reaching 4.917 million ETH. Estimated annual staking income is $242 million.