q3

SK Hynix announced a dividend of 375 Korean won per share and will announce the shareholder return policy plan in the third quarter, considering additional shareholder return measures.

According to Jinshi reports, AMD expects Q3 2026 revenue to be between $12.7 billion and $13.3 billion, while the market expectation is $12.51 billion.

Well-known trader CryptoD stated on social media, "Recently looking back at community messages, I found that the entire Meme ecosystem has become very fragmented. The Chinese and foreign markets are gradually forming different ecosystems, leading to ineffective concentration of funds. Additionally, the market has been in a bear phase for a long time, with no significant increase in funds, but rather more chains emerging and liquidity becoming more dispersed.However, I also believe that the overall crypto market is gradually approaching the bottom, and Q3 and Q4 are likely to be the last period to calmly position before the next bull market."Previous reports indicated that CryptoD earned over 10 million dollars by trading the Meme coin TRUMP.

According to Jinshi reports, Apple's service revenue in Q3 of fiscal year 2026 was $30.74 billion, lower than the market expectation of $31.22 billion.

According to Jinshi reports, Apple Inc. (AAPL.O) had a gross margin of 50.1% in the third quarter of fiscal year 2026, higher than the market expectation of 47.92%.

According to Jinshi reports, Apple Inc. (AAPL.O) had a revenue of $109.42 billion in Q3 of fiscal year 2026, an increase from $94.036 billion in the same period last year, exceeding market expectations of $108.578 billion.

Meta released its Q2 2026 financial report, with revenue of $60.8 billion, a year-on-year increase of 28%, slightly above the market expectation of $60.3 billion; net profit of $15.85 billion, a year-on-year decrease of 14%; earnings per share of $6.18, a year-on-year decrease of 13%. Advertising revenue was $59.36 billion, a year-on-year increase of 27%, with ad impressions increasing by 14% and average price rising by 12%. Operating profit decreased by 8% year-on-year to $18.78 billion, and the operating profit margin fell from 43% to 31%. Total costs and expenses surged by 55% year-on-year to $42 billion, which includes $2.4 billion in legal litigation expenses and $1.18 billion in layoff costs.The revenue guidance for Q3 is $61 billion to $64 billion, with a midpoint of $62.5 billion, below the market expectation of $63.2 billion. The full-year capital expenditure guidance has been adjusted from $125 billion to $145 billion to $130 billion to $145 billion. Free cash flow was only $784 million, significantly shrinking year-on-year, reaching a nearly four-year low. Meta also narrowed its full-year expense guidance for 2026 to $165 billion to $169 billion, maintaining the expectation of "operating profit above 2025." Zuckerberg stated, "AI is accelerating our core business, and the results are beginning to show." After the financial report was released, Meta's after-hours stock price briefly fell over 10%.

Visa announced its third-quarter financial report for fiscal year 2026, with revenue of $11.6 billion, a year-on-year increase of 14%. Payment transaction volume, cross-border transaction volume, and processed transactions all achieved double-digit growth. In the earnings call, Visa outlined its stablecoin strategy, stating that it is actively investing in various levels of the stablecoin stack, including blockchain, issuance, wallets, infrastructure, and applications. The company announced its membership in the OpenStandard alliance, which plans to issue the OpenUSD stablecoin for global capital flow.The Visa stablecoin platform will provide partners with stablecoin settlement, on-chain wallet-as-a-service infrastructure, and exchange services between fiat and stablecoins, initially supporting OpenUSD. The platform will also integrate with Pismo to provide tokenized deposit support for financial institutions and plans to introduce third-party tokenized deposit infrastructure providers in the future. Visa views stablecoins and AI as complementary technologies, believing that "agent commerce will expand the reachable market and drive future growth." Cross-border transaction volume increased by 13% year-on-year, while processed transaction volume grew by 10%.

According to the Q3 2026 signal report released by Fidelity Digital Assets, the prices of BTC, ETH, and SOL are generally at historical lows, with multiple indicators close to the capitulation zone. Fidelity believes that the current valuation levels may correspond to attractive long-term entry conditions.As of the end of Q2, the weighted net unrealized profit and loss (NUPL) was -0.01, with BTC being the only asset with a positive unrealized profit, approximately 10% above its cost basis, with an unrealized profit of about $108 billion, while ETH and SOL were approximately 30% and 41% below their cost bases, with unrealized losses of about $87 billion and $29 billion, respectively. BTC's market share rose to 68% quarter-over-quarter.The report states that, based on historical backtesting, the current NUPL readings for the three correspond to one-year median returns of 53%, 70%, and 542%, respectively, but the reliability of the samples decreases sequentially. The NUPL reading for SOL has only occurred 21 times in history, concentrated at the end of 2025, which has limited statistical significance.On the fundamental side, the value of stablecoin transfers for both ETH and SOL has reached new highs, exceeding $20 trillion and $2.6 trillion, respectively, over the past 12 months, but network fee revenue continues to decline.Additionally, the report attributes the 22% decline in BTC hash rate from its peak to miners shifting their computing power towards AI and high-performance computing, as AI contract revenues are more stable due to the depressed coin prices.

Galaxy Research Director Alex Thorn posted on the X platform that the second quarter's dormant Bitcoin awakening volume hit a new low since the third quarter of 2022, significantly decreasing from the high levels of 2024 and 2025.

Coinbase Institutional and Glassnode released the report "Charting Crypto Q3 2026," maintaining a neutral outlook on the crypto market.The report shows that on-chain data indicates Bitcoin may be transitioning from a correction phase to an accumulation phase, but the Fed's hawkish stance, weak spot ETF demand, and geopolitical risks continue to pressure the market outlook.

According to the Bitwise "Q3 2026 Staking Report," Q2 2026 presents a divergent pattern of "increased on-chain activity and decreased fee revenue," with the core driving factor being various protocols actively reducing block space costs.In terms of core data across chains, Ethereum's active staking volume reached a historic high of 40.2 million ETH (accounting for 33% of the total supply), while network revenue decreased by 51% year-on-year to $64 million, although it rebounded in ETH terms quarter-on-quarter; Solana's Q2 Real Economic Value (REV) dropped to $51 million, significantly down from the peak of $812 million in Q1 2025, but non-voting transaction volume reached 9.8 billion, maintaining resilience in on-chain activity; Hyperliquid's Q2 total protocol revenue was $174.8 million, with perpetual contract trading volume reaching $65.2 billion, and the proportion of non-crypto assets (commodities, stock indices, etc.) rose to 32%; Avalanche C chain's transaction volume grew approximately fourfold year-on-year to 236 million transactions, but network revenue plummeted due to a significant drop in fees, leaving only $330,000; NEAR saw a dramatic 75% drop in on-chain transaction volume to 77.7 million transactions due to the collapse of Kai-Ching application activity, but the Intents execution layer generated fees approximately 68 times that of the base chain.In terms of institutional adoption, BlackRock launched an Ethereum staking ETF (ETHB), Coinbase and Circle each staked 500,000 HYPE, and Bitwise, 21Shares, and Grayscale successively launched HYPE spot ETFs. Additionally, the stablecoin payment chain Tempo, incubated by Stripe and Paradigm, processed $386 million in transfers in its first quarter, while the global payroll platform Deel distributed approximately $30 million to 7,200 contractors through this chain.

According to official social media news, Andy Liu, head and chief analyst of HTX Research, will be a guest at the fifth session of the Huobi Celebrity Lecture today at 19:00 (UTC+8). This session is themed "Q3 2026 Outlook: Liquidity Defines the Crypto Market." Andy will delve into "The New Order of the Crypto Market Under Global Liquidity Repricing," analyzing changes in global macro liquidity, core trading logic in the Q3 crypto market, institutional capital allocation directions, and key track opportunities, helping investors grasp the key variables in the new market cycle.

CryptoQuant data shows that in Q1 2026, the total loan size of the CeFi credit market decreased by 6% quarter-on-quarter to $23.3 billion, marking the first contraction across the industry since Q3 2024. The reduction in loan size is attributed to crypto users reducing leverage during the bear market.Tether remains the largest lender, with a loan size of $15.8 billion and a market share of 68%, followed by Maple Finance ($2.1 billion, 9%) and Nexo ($1.8 billion, 8%). Market share is shifting towards Maple, Nexo, and Coinbase, with the three experiencing increases of 1.0, 0.5, and 0.7 percentage points respectively during the quarter. Coinbase and Maple saw loan sizes grow by approximately 6% quarter-on-quarter, while Nexo recorded nearly 1% growth, making them the only three major lenders to experience growth. The remaining institutions saw a contraction in loan sizes, with Galaxy Digital (-21%) and Ledn (-19%) leading the declines, while Tether's loan size decreased by 7%.

According to a report by Sina Finance, Micron Technology (MU) released its financial report for the third quarter of fiscal year 2026. Driven by strong demand for high bandwidth memory (HBM) and advanced storage solutions in the AI and data center markets, Micron's total revenue for the quarter reached $41.46 billion, a significant increase from $9.3 billion in the same period last year, setting a historical high for the same period. Among them, the DRAM business performed exceptionally well, accounting for approximately 77% of total revenue, becoming the core performance contribution segment.Financial data shows that Micron's GAAP net profit for the third quarter was $28.24 billion (diluted earnings per share of $24.67), and non-GAAP net profit was $28.86 billion (diluted earnings per share of $25.11), with operating cash flow for the period reaching $25.39 billion. In addition, Micron has currently signed multiple strategic customer agreements to support long-term growth, and the market will focus on its progress in addressing potential supply constraints and capacity expansion. It is expected that its new wafer fabrication plants will provide substantial performance increments for the company starting from fiscal year 2028.