Tokenized Stocks Daily: Optical Networking Rally, SpaceX Earnings Beat & SNDK Earnings Watch | WEEX TradFi

By: WEEX|2026/08/05 10:00:00

1 Stock Market Highlights

1) U.S. Reportedly Plans to Ban Imports of Chinese Data Center Optical Transceivers, Boosting Optical Networking Stocks

Reports suggest the Trump administration is drafting a ban, led by the FCC, on imports of China’s next-generation optical transceivers, key high-speed AI optical module components, with implementation expected later this year. The move could raise cloud infrastructure costs while benefiting U.S. suppliers, sending optical networking stocks sharply higher.

Watchlist: AAOI, COHR, LITE

Spot: AAOION, COHRON, LITEON
Futures: AAOI, COHR, LITE

2) SpaceX Posts Better-Than-Expected First Earnings Since Listing, Revenue Surges While Losses Narrow

SpaceX (SPCX) reported strong Q2 results yesterday, with revenue rising significantly and net losses narrowing substantially. Adjusted EBITDA exceeded expectations, driven by strong contributions from Starlink, rapid AI business expansion, and major cloud service contracts. Shares initially surged before giving back part of the gains.

Watchlist: SPCX

Spot: SPCXON
Futures: SPCX

3) Palantir Delivers Strong Earnings Beat, Goldman Sachs Raises Price Target to $204

Palantir (PLTR) reported Q2 revenue of $1.95 billion, up 93% YoY, beating market expectations by 7%. U.S. commercial revenue jumped 150% YoY, accelerating from 133% last quarter, while U.S. government revenue grew 90% YoY. Following the earnings release, the stock climbed to $159.68, with Goldman Sachs and other institutions raising their price targets to $204.

Watchlist: PLTR

Spot: PLTRON
Futures: PLTR

4) Oil Prices Slide on Expectations of Reduced Geopolitical Risk Following U.S.-Iran Talks

Reports indicate the U.S. and Iran may reach an agreement on navigation through the Strait of Hormuz. Optimism surrounding the negotiations has significantly reduced geopolitical risk premiums, pushing crude oil prices lower.

Watchlist: CRUDEOIL, USO

Spot: CRUDEOIL, USOON
Futures: BZ, CL

2 Earnings Preview

1) SanDisk (SNDK) | After Market Close, Aug. 5 (U.S. ET)

Investors will focus on NAND pricing trends, AI-driven enterprise storage demand, and gross margin performance, with particular attention to data center and consumer storage shipments.

Watchlist: SNDK

Spot: SNDKON
Futures: SNDK

2) Eli Lilly (LLY) | Before Market Open, Aug. 5 (U.S. ET)

Key areas to watch include sales growth of Mounjaro and Zepbound, the initial contribution from the new oral therapy Foundayo, and whether management raises its full-year guidance.

Watchlist: LLY

Spot: LLYON
Futures: LLY

Trade 200+ tokenized stocks on WEEX with 24/7 access, deep liquidity, and a smoother TradFi trading experience.
Trade Now: WEEX Spot Stocks

WEEX TradFi Zone now features 310+ tokenized stocks with stronger liquidity and a smoother trading experience.
Explore Now: WEEX TradFi

-- Price

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.