Global TradFi & Macroeconomics

According to AbbVie's announcement, Apogee Therapeutics (APGE) stock hit a record high of $133 on Monday (June 23) after the pharmaceutical giant agreed to acquire the biotechnology company for $135.11 per share in an all-cash deal valued at approximately $10.9 billion. The acquisition targets Apoge

Spot silver declined 3% intraday on June 23, trading at $63.14 per ounce.

According to analyst Matthew Lynn reported by Jin10, oil prices have not reached historic highs despite recent surges following U.S.-Iran military tensions on June 23. The 2008 peak of $147 per barrel would equate to approximately $224 in current dollars. Lynn stated that the era of the "long oil

According to Citi on June 23, the investment bank raised Micron's price target from $840 to $1,200 while maintaining a "buy" rating. Citi forecasts DRAM average prices will surge 200% in 2026, with NAND prices climbing 186% over the same period. The bank predicts Micron's fiscal 2026 earnings per

According to Jin10 data on June 23, Samsung Electronics' HBM4 memory has achieved over $1 billion in sales within only 4 months of mass production. The company held a global strategy conference to expand HBM sales and advance long-term supply agreements. Meanwhile, Micron signed a multi-year

June 23 Hong Kong stock market data shows that large-model concept stocks overall fell: Z.ai’s intraday drop reached 14.11%, currently trading at HK$2,070; MINIMAX-W’s decline reached 11.35%, currently trading at HK$541.60. In the background, Z.ai released its latest AI model GLM-5.2, with performance continuing to outperform GPT-5.5 and Gemini 3.1 Pro. Z.ai CEO Zhang Peng responds to Musk: China doesn’t need to wait until next year’s first quarter to benchmark Fable 5 According to a report, Elo

Palladium futures contracts declined 2% intraday, trading at 296.25 yuan per gram as of today.

According to market data, Caterpillar Inc. (CAT) stock broke through the $1,000 per share milestone on Monday, June 22, closing at $1,022.28, up 3.7% for the day. The stock is now outperforming the Dow Jones Industrial Average with a year-to-date gain of over 78%, marking a historic first-half perfo

According to Odaily, the Japanese yen weakened to 161.93 per U.S. dollar in the New York foreign exchange market on June 22, approaching its lowest level since December 1986, roughly 39 years ago.

Gate News: According to the latest Gate TradFi data, TW88 (MSCI Taiwan) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Japanese automaker component supplier Astemo announced in October last year a new electric motor for electric vehicles that eliminates the use of rare earth elements controlled by China. The development responds to China's strengthened export controls on critical minerals. MITSUBA began mass

According to Coindesk, former 21Shares co-founder Ophelia Snyder stated that tokenization discussions between crypto and traditional finance focus heavily on blockchain settlement speed while overlooking post-execution operational workflows. Snyder highlighted that while tokenization works in

Momenta officially published its Post Hearing Information Pack (PHIP) on June 23 on the Hong Kong Stock Exchange. After the Listing Committee reviewed and approved the application, the company has entered the final sprint of its IPO. Momenta’s core financial figures: from 2023 to 2025, revenue increased from RMB 743 million to RMB 2.413 billion, with a three-year compound annual growth rate (CAGR) of 80%. Hong Kong Stock IPO Progress: The Legal Significance of PHIP and the Sponsors According to

According to BlockBeats, Bitcoin miner Hut 8 agreed to pay $2.35 million to settle a securities class action lawsuit on June 23 over misleading disclosures related to its 2023 merger with U.S. Bitcoin Corp. Investors alleged the company exaggerated merger benefits and failed to adequately disclose o

According to BlockBeats, citing Bitget market data, South Korea's stock exchange triggered a circuit breaker for KOSPI 200 index futures on June 23 after the contract fell 5%. Program trading was halted for 5 minutes following the

According to ChainCatcher, SuperEx will launch six stock-margined perpetual contracts on June 23. SONYUSDT, KORUUSDT, and SMCIUSDT will go live at 11:00 Beijing time, while ALABUSDT, KLACUSDT, and LRCXUSDT will launch at 15:00 on the same day. All pairs support cross, isolated, and portfolio margin

Hong Kong chip stocks rallied today (June 23), with Zhizhi Controls Holdings (02166.HK) surging over 20% and Guomin Technology (02701.HK) rising over 17%. China Micro Semiconductor Manufacturing and China Integrated Circuit Engineering also gained near 5%

According to Hyperinsight, a trader on Hyperliquid opened a large short position on the SP500 index in the past hour. The address deployed full 50x leverage, establishing a short position worth approximately $1.956 million at an average entry price of

On June 19, the British newspaper The Guardian reported that after SpaceX completed its IPO with a valuation of $1.77 trillion, it was brought into mainstream index funds ahead of schedule due to changes in market rules, meaning millions of Americans indirectly hold SpaceX shares through passive investments in private retirement plans such as 401(k)s. The Guardian compiled feedback from more than 150 U.S. readers, and the vast majority strongly disapproved of this. Over 150 Readers Respond to Th

According to Visa's Q2 2026 earnings report, the company posted net revenue of $11.2 billion, up 17% year-over-year, with net income of $6 billion, up 32% YoY, and earnings per share of $3.14, up 36% YoY, all exceeding market expectations. The board authorized a new $20 billion multi-year share