Bloomberg Analyst: SEC may make concessions to Ethereum
Bloomberg analyst James Seyffart recently discussed a noteworthy development in his blog, the U.S. Securities and Exchange Commission (SEC) has changed its stance on Ethereum. James Seyffart stated that with the approval of Ethereum futures ETFs, this move subtly signifies that the SEC may regard Ethereum as a commodity rather than a security. If the U.S. Securities and Exchange Commission changes its position and classifies Ethereum as a security, it will have significant implications.
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US Stocks Unusual Movement | Optical Communication Concept Stocks Rise, Lumentum (LITE.US) Up Over 8%
According to Zhihui Finance APP, on Friday, optical communication concept stocks generally rose, with Applied Optoelectronics (AAOI.US) surging over 10%, Coherent (COHR.US) up more than 9%, Lumentum (LITE.US) up more than 8%, Corning (GLW.US) up nearly 4%, Nokia (NOK.US) up more than 2%, and Credo Technology (CRDO.US) up over 1%.
Applied Optoelectronics surged 9.1% intraday; bullish options rose as much as 165%
$Applied Optoelectronics (AAOI.US)$ shares rose by 9.1% during trading hours. The highest trading volume call option saw a price change of +165%, with a trading volume of 354 contracts. For more details, refer to the options page's ranking. Option prices are highly volatile; please be aware of the risks. Click to view the AAOI options chain.
The three major US stock indexes opened mixed; the Nasdaq Golden Dragon China Index rose 1.32%.
The Dow Jones opened up 0.05%, the Nasdaq rose 0.55%, and the S&P 500 gained 0.27%. Among leading tech stocks, Tesla increased by 1.97%, Apple fell by 2.56%, and Netflix dropped by 1.48%. The Nasdaq Golden Dragon China Index advanced 1.32%, Li Auto rose by 5.05%, and Bilibili climbed 3.37%.
U.S. stocks move: Tesla surges on October 9 as Cybercab registration and deliveries exceed expectations
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