BlockBeats news. On July 7, Morningstar analyst Jing Jie Yu said investors may feel slightly disappointed with their expectations for Samsung Electronics' revenue.
He noted that the company's forecast operating profit meets market expectations, but the expected revenue of 171 trillion won is slightly below the average forecast. This underperformance against expectations may be due to the DRAM price increase falling short of expectations. This could startle investors who increasingly expect a structural strengthening in the memory chip market.
As investors become more cautious, Samsung Electronics' share price closed down 6.9%, narrowing this year's gains to just under 150%.
DeFi security crisis erupts, two attacks result in over $400 million in losses
Today, the DeFi space faced a significant security incident: LayerZero confirmed that KelpDAO was attacked due to a single validator configuration vulnerability, resulting in a loss of $292 million, causing over $4 billion in assets to migrate to Chainlink CCIP; the stablecoin project StablR USD suffered a multi-signature attack, where the attacker minted 8.35 million tokens and drained liquidity, leading to a price crash to $0.216, with a decoupling rate exceeding 80%.