Pre-market News Summary: Samsung's earnings "good news fully priced in" triggers a pre-market collective weakness in semiconductor stocks, SpaceX officially joins the Nasdaq 100 today

BlockBeats News, July 7, pre-market US stock market key updates:

1. Samsung released its Q2 earnings guidance, with the company's operating profit increasing by over 1800% year-on-year, surpassing the sum of the past three years in a single quarter. Additionally, the company's revenue also grew by 129% year-on-year, reaching 171 trillion Korean won. Due to the semiconductor sell-off triggered by the peak of positive news on Samsung's performance, chip-related tech stocks generally weakened pre-market. The three major US stock index futures showed mixed movements pre-market, with the Dow Jones futures up 0.41%, Nasdaq 100 futures down 0.9%, and S&P 500 futures down 0.09%.

2. SpaceX officially landed on the Nasdaq 100 before the US stock market opened today, with Wall Street institutions collectively bullish. Most institutions believe that SpaceX is no longer just a traditional aerospace company, but a platform company with capabilities in rocket launches, Starlink satellite internet, AI infrastructure, and the potential for future space computing.

3. DeepSeek secretly develops its own Inference Chip. If the self-developed Inference Chip is successful, it will reduce reliance on external suppliers and gain more cost-effective hardware control. However, this project is still in the early stages and faces manufacturing and memory access restrictions due to US export controls.

4. UBS recommends that investors buy SK Hynix's upcoming American Depositary Receipts (ADRs) and sell its Korean stocks, as these new shares are expected to trade at a higher price.

5. JPMorgan strategist stated that the recent weakness in semiconductor stocks should be seen as a buying opportunity, as the chip upcycle is not yet near its end and significant new supply may not emerge until 2028.

6. In the US, ADP nonfarm employment change for the week ending June 20 showed a weekly change of 21,000 people, with a previous value of 30,750 people.

7. BlackRock will launch an ETF tracking the Nasdaq 100 Index, which is primarily composed of tech stocks, aiming to meet the increasing demand from investors to participate in the AI-driven stock market rally and challenging the dominance of Vanguard.

8. Amazon is returning to the US bond market to raise funds for its artificial intelligence infrastructure development. The company will issue 8 benchmark bonds with maturities ranging from 3 to 40 years. This USD bond issuance is expected to raise at least $25 billion.

9. Global brokerages have begun to initiate coverage research on Elon Musk's SpaceX (SPCX.O), and Wall Street currently has a preliminary consensus: buy rating on the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have given buy ratings, bullish on its long-term growth prospects, despite concerns about profitability and valuation.