Huo Xing Finance reports that, as of August 6, according to BIT (bit.com) market data, U.S. storage stocks declined pre-market collectively, with SanDisk dropping over 8% due to weak earnings guidance, Western Digital falling 12%, and SK Hynix sliding 6%. Additionally, the CPO sector, which had recently surged, saw slight pre-market declines, with AAOI down 2.79% and LITE down 0.52%.
MarsBit: U.S. storage sector declines pre-market; SanDisk falls over 8%
MarsBitShare
Summary
The digital asset market experienced renewed volatility as the U.S. storage sector declined ahead of the market open on August 6. SanDisk fell more than 8% following weak earnings guidance, while Western Digital dropped 12% and SK Hynix lost 6%. The CPO sector, which had recently rebounded, also edged lower, with AAOI down 2.79% and LITE down 0.52%. Altcoins to watch may be affected by broader weakness in the technology sector.
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