WEEX Daily Market Highlights | Jul 28, 2026

By: weex|07/28/2026 10:00:00

Stock Market Highlights

1. CXMT Surges on Debut, Global Memory Stocks Under Pressure

Chinese memory chip leader CXMT (ChangXin Memory Technologies) made its debut on Shanghai's STAR Market, with shares soaring as much as 466% on the first trading day, pushing its market capitalization close to $500 billion and making it the largest semiconductor company in China's A-share market.

Rising expectations for China's domestic memory industry weighed on U.S. memory stocks. Sandisk (SNDK) fell more than 11%, Micron (MU) declined around 2%–5%, while SK Hynix ADR also traded lower as investors reassessed the global DRAM competitive landscape.

Watchlist: MUON, SNDKON、CXMT
Spot: MUON, SNDKON
Futures: MU, SNDK, CXMT

2. D-Wave Expands Partnership with AT&T, Advancing Quantum Computing Commercialization

Quantum computing company D-Wave announced an expanded partnership with AT&T, integrating its quantum computing capabilities into AI-powered network operations.

The collaboration has reduced network optimization processing time from around one hour to under 15 seconds. Future applications are expected to include fault detection, network planning, and intelligent scheduling, boosting investor interest in quantum computing stocks.

Watchlist: QBTSON, IONQON
Spot: QBTSON, IONQON
Futures: QBTS, IONQ

3. Crypto Finance Stocks Outperform Ahead of Earnings

Crypto-related financial stocks outperformed the broader market, with Coinbase rising more than 4% intraday.

As several companies report earnings this week, investors will focus on trading activity, stablecoin business growth, and digital asset-related revenue for further confirmation of sector momentum.

Watchlist: COINON, BMNRON, MSTRON, CRCLON
Spot: COINON, BMNRON, MSTRON, CRCLON
Futures: COIN, BMNR, MSTR, CRCL

Earnings Preview

Visa (V) | July 28 (After Market Close)

Focus on cross-border payment volume, consumer spending trends, and overall payment transaction growth, with particular attention to payment business momentum and full-year guidance.

Watchlist: VON
Spot: VON
Futures: V

Coca-Cola (KO) | July 28 (Before Market Open)

Watch global sales volume, pricing power, and profit margins to gauge whether consumer demand continues to improve.

Watchlist: KOON
Spot: KOON
Futures: KO

Boeing (BA) | July 28 (After Market Close)

Key metrics include aircraft deliveries, free cash flow, and order backlog, as investors assess the pace of supply chain recovery.

Watchlist: BAON
Spot: BAON
Futures: BA

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