7*24

Hot topic

Market

Activities

On June 17, Wells Fargo Securities released a new report indicating that the firm has raised its year-end target for the S&P 500 index from 7300 to 7950. The report suggests that the easing of U.S.-Iran tensions, a decline in inflation pressures, and fully priced rate hike expectations are creating a 'triple positive resonance' for U.S. stocks. The report highlights that with a temporary peace agreement between the U.S. and Iran expected to be signed and improved expectations for navigation through the Strait of Hormuz, the global energy risk premium has significantly decreased. The drop in oil prices is helping to alleviate inflation pressures in the U.S. and improving market expectations for the Federal Reserve's policy path. Wells Fargo Securities equity strategist Wu Chengquan stated that current market sentiment has shifted from extreme caution back to neutral, with AI and semiconductor sectors remaining core growth drivers. Cyclical stocks are expected to see a rebound as geopolitical risks recede, and funds may continue to rotate from defensive assets to risk assets. Meanwhile, the firm believes that the market has partially priced in the policy stance of the new Federal Reserve Chair, Kevin Warsh. In the short term, inflation remains the main variable, but the risks of rate hikes are relatively limited. However, the report also highlights two major downside risks: first, the historical volatility pressure associated with the U.S. midterm election cycle; and second, the potential tightening of regulations facing the AI industry, which could disrupt the current core narrative driving U.S. stock gains. Overall, Wells Fargo Securities believes that U.S. stocks are still in a phase of sentiment recovery and structural market continuation, but the risk of increased volatility is accumulating.

[Wells Fargo Securities Raises S&P 500 Target to 7950: U.S.-Iran Ceasefire and Rate Cut Expectations Boost Market Sentiment]On June 17, Wells Fargo Securities released a new report indicating that the firm has raised its year-end target for the S&P 500 index from 7300 to 7950. The report suggests that the easing of U.S.-Iran tensions, a decline in inflation pressures, and fully priced rate hike expectations are creating a 'triple positive resonance' for U.S. stocks. The report highlights that with a temporary peace agreement between the U.S. and Iran expected to be signed and improved expectations for navigation through the Strait of Hormuz, the global energy risk premium has significantly decreased. The drop in oil prices is helping to alleviate inflation pressures in the U.S. and improving market expectations for the Federal Reserve's policy path. Wells Fargo Securities equity strategist Wu Chengquan stated that current market sentiment has shifted from extreme caution back to neutral, with AI and semiconductor sectors remaining core growth drivers. Cyclical stocks are expected to see a rebound as geopolitical risks recede, and funds may continue to rotate from defensive assets to risk assets. Meanwhile, the firm believes that the market has partially priced in the policy stance of the new Federal Reserve Chair, Kevin Warsh. In the short term, inflation remains the main variable, but the risks of rate hikes are relatively limited. However, the report also highlights two major downside risks: first, the historical volatility pressure associated with the U.S. midterm election cycle; and second, the potential tightening of regulations facing the AI industry, which could disrupt the current core narrative driving U.S. stock gains. Overall, Wells Fargo Securities believes that U.S. stocks are still in a phase of sentiment recovery and structural market continuation, but the risk of increased volatility is accumulating.

Wells Fargo Securities Raises S&P 500 Target to 7950: U.S.-Iran Ceasefire and Rate Cut Expectations Boost Market Sentiment

On June 17, the Korea Times reported that the retail-driven crypto boom in South Korea is significantly cooling down. According to data from TRM Labs, the retail crypto trading volume in South Korea for the first quarter of this year was $69 billion, a 28% decrease compared to the same period last year, ranking second globally. The United States topped the list with a trading volume of $212 billion, followed by Russia ($48 billion), India ($46 billion), and Turkey ($40 billion). Analysts indicate that one of the main reasons for the slowdown in the crypto boom is the domestic stock market in South Korea, where the rise of AI-driven semiconductor stocks has absorbed a large amount of retail funds and shifted risk appetite away from cryptocurrencies. Some constituents of the Korea Composite Stock Price Index (KOSPI) have seen daily gains exceeding those of mainstream cryptocurrencies.

[South Korea's Retail Crypto Trading Volume in Q1 Reaches $69 Billion, Down 28% Year-on-Year]On June 17, the Korea Times reported that the retail-driven crypto boom in South Korea is significantly cooling down. According to data from TRM Labs, the retail crypto trading volume in South Korea for the first quarter of this year was $69 billion, a 28% decrease compared to the same period last year, ranking second globally. The United States topped the list with a trading volume of $212 billion, followed by Russia ($48 billion), India ($46 billion), and Turkey ($40 billion). Analysts indicate that one of the main reasons for the slowdown in the crypto boom is the domestic stock market in South Korea, where the rise of AI-driven semiconductor stocks has absorbed a large amount of retail funds and shifted risk appetite away from cryptocurrencies. Some constituents of the Korea Composite Stock Price Index (KOSPI) have seen daily gains exceeding those of mainstream cryptocurrencies.

South Korea's Retail Crypto Trading Volume in Q1 Reaches $69 Billion, Down 28% Year-on-Year

Market data shows that ETH has surpassed $1800, currently priced at $1800.27, with a 24-hour increase of 0.83%. The market is experiencing significant volatility, so please ensure proper risk management.

[ETH Surpasses $1800]Market data shows that ETH has surpassed $1800, currently priced at $1800.27, with a 24-hour increase of 0.83%. The market is experiencing significant volatility, so please ensure proper risk management.

ETH Surpasses $1800

Market data shows that BTC has surpassed $66,000, currently priced at $66,021.58, with a 24-hour decline of 0.05%. The market is experiencing significant volatility, so please ensure proper risk management.

[BTC Surpasses $66,000]Market data shows that BTC has surpassed $66,000, currently priced at $66,021.58, with a 24-hour decline of 0.05%. The market is experiencing significant volatility, so please ensure proper risk management.

BTC Surpasses $66,000

On June 17, Goldman Sachs economist Akira Otani stated that the Bank of Japan is likely to raise interest rates again in January 2027, but there is a high degree of uncertainty regarding the timing of future rate hikes. "Given that the underlying inflation rate is close to 2%, even a slight fluctuation, such as a further minor depreciation of the yen, could significantly increase the risk of inflation exceeding 2%," the economist pointed out. "Therefore, the probability distribution for the timing of the next rate hike is considered to lean towards an earlier increase." Otani also added that the actual timing of the rate hike will be "significantly influenced by the progress of communication with the government."

[Goldman Sachs: Bank of Japan Likely to Raise Rates Again in January Next Year]On June 17, Goldman Sachs economist Akira Otani stated that the Bank of Japan is likely to raise interest rates again in January 2027, but there is a high degree of uncertainty regarding the timing of future rate hikes. "Given that the underlying inflation rate is close to 2%, even a slight fluctuation, such as a further minor depreciation of the yen, could significantly increase the risk of inflation exceeding 2%," the economist pointed out. "Therefore, the probability distribution for the timing of the next rate hike is considered to lean towards an earlier increase." Otani also added that the actual timing of the rate hike will be "significantly influenced by the progress of communication with the government."

Goldman Sachs: Bank of Japan Likely to Raise Rates Again in January Next Year

According to monitoring by Dongcha Beating, Xiaomi's cloud-based intelligent tool Xiaomi MiMo Claw has officially launched, featuring the MiMo-V2.5-Pro flagship model deeply adapted to OpenClaw. The new version integrates with the Kingsoft Office ecosystem, enabling intelligent generation, online preview, and editing across Word, Excel, PPT, and PDF files. On the model side, MiMo-V2.5-Pro natively supports OpenClaw presets and MCP tool invocation protocols. Leveraging ultra-long context memory scheduling, it supports over a thousand tool calls in a single session. Technically, it introduces an MTP three-layer decoding architecture, improving full-link inference throughput by approximately three times. In the ClawEval benchmark test, the task pass rate (Pass³) is 63.8%, with token consumption for the same tasks reduced by 40% to 60%. The service is fully cloud-hosted, supporting background continuation and intelligent self-correction. Additionally, the daily free usage time has increased from 1 hour to 4 hours. Frequent users can combine all monthly and annual plans from TokenPlan, with an introductory offer of 14.9 yuan/month and a limited-time offer of 19.9 yuan/month or 233.8 yuan/year. Currently, overseas subscriptions are not yet available.

[Xiaomi Launches Official Version of MiMo Claw: Integrates Kingsoft Office and Significantly Upgrades Free Quota]According to monitoring by Dongcha Beating, Xiaomi's cloud-based intelligent tool Xiaomi MiMo Claw has officially launched, featuring the MiMo-V2.5-Pro flagship model deeply adapted to OpenClaw. The new version integrates with the Kingsoft Office ecosystem, enabling intelligent generation, online preview, and editing across Word, Excel, PPT, and PDF files. On the model side, MiMo-V2.5-Pro natively supports OpenClaw presets and MCP tool invocation protocols. Leveraging ultra-long context memory scheduling, it supports over a thousand tool calls in a single session. Technically, it introduces an MTP three-layer decoding architecture, improving full-link inference throughput by approximately three times. In the ClawEval benchmark test, the task pass rate (Pass³) is 63.8%, with token consumption for the same tasks reduced by 40% to 60%. The service is fully cloud-hosted, supporting background continuation and intelligent self-correction. Additionally, the daily free usage time has increased from 1 hour to 4 hours. Frequent users can combine all monthly and annual plans from TokenPlan, with an introductory offer of 14.9 yuan/month and a limited-time offer of 19.9 yuan/month or 233.8 yuan/year. Currently, overseas subscriptions are not yet available.

Xiaomi Launches Official Version of MiMo Claw: Integrates Kingsoft Office and Significantly Upgrades Free Quota

On June 17, as the countdown to the signing of the US-Iran memorandum of understanding began, signals indicating the unblocking of Iranian crude oil exports were continuously released. According to Bloomberg's shipping tracking data, four Iranian-affiliated tankers recently reactivated their positioning transponders and actively sailed out of the Strait of Hormuz and the Gulf of Oman. This includes two very large crude carriers (VLCCs) with a single voyage capacity of 2 million barrels each, as well as two product tankers that successfully traversed the Strait of Hormuz. On the same day, shipping data agency TankerTrackers.com disclosed that at least three tankers that had previously docked at Chabahar Port have departed their berths. Iranian tankers have long evaded sanctions tracking by shutting off positioning signals, faking signals, and using interference. The collective public navigation of several vessels this time has been interpreted by the market as a preliminary signal of the gradual lifting of the US maritime blockade. On the agreement front, Bloomberg reported on Tuesday, citing sources close to the final draft of the agreement, that the US-Iran agreement will grant Iran prior exemptions from oil sanctions, allowing Iran to immediately sell crude oil abroad after the agreement is signed, without any additional transition period. Shipping analysis firm Kpler has estimated that approximately 68 million barrels of Iranian crude oil are currently stranded at sea due to US blockade, and once export channels are opened, a significant increase in supply will directly alleviate the global crude oil supply tightness and impact oil prices. Iran's Deputy Foreign Minister stated through ISNA media that the US maritime blockade on Iranian ports, initiated in April this year, has entered a phased lifting stage. According to the plan from both sides, the blockade of the Strait of Hormuz by Iran and the US maritime ban on all Iranian shipping will be lifted simultaneously after the formal signing of the peace agreement this Friday. The US Central Command has not yet responded to related inquiries.

[US-Iran Agreement Includes Oil Sanction Exemptions, 68 Million Barrels of Stalled Crude Awaiting Release, Iranian Tankers Activate Positioning Signals Indicating Lifting of Blockade]On June 17, as the countdown to the signing of the US-Iran memorandum of understanding began, signals indicating the unblocking of Iranian crude oil exports were continuously released. According to Bloomberg's shipping tracking data, four Iranian-affiliated tankers recently reactivated their positioning transponders and actively sailed out of the Strait of Hormuz and the Gulf of Oman. This includes two very large crude carriers (VLCCs) with a single voyage capacity of 2 million barrels each, as well as two product tankers that successfully traversed the Strait of Hormuz. On the same day, shipping data agency TankerTrackers.com disclosed that at least three tankers that had previously docked at Chabahar Port have departed their berths. Iranian tankers have long evaded sanctions tracking by shutting off positioning signals, faking signals, and using interference. The collective public navigation of several vessels this time has been interpreted by the market as a preliminary signal of the gradual lifting of the US maritime blockade. On the agreement front, Bloomberg reported on Tuesday, citing sources close to the final draft of the agreement, that the US-Iran agreement will grant Iran prior exemptions from oil sanctions, allowing Iran to immediately sell crude oil abroad after the agreement is signed, without any additional transition period. Shipping analysis firm Kpler has estimated that approximately 68 million barrels of Iranian crude oil are currently stranded at sea due to US blockade, and once export channels are opened, a significant increase in supply will directly alleviate the global crude oil supply tightness and impact oil prices. Iran's Deputy Foreign Minister stated through ISNA media that the US maritime blockade on Iranian ports, initiated in April this year, has entered a phased lifting stage. According to the plan from both sides, the blockade of the Strait of Hormuz by Iran and the US maritime ban on all Iranian shipping will be lifted simultaneously after the formal signing of the peace agreement this Friday. The US Central Command has not yet responded to related inquiries.

US-Iran Agreement Includes Oil Sanction Exemptions, 68 Million Barrels of Stalled Crude Awaiting Release, Iranian Tankers Activate Positioning Signals Indicating Lifting of Blockade

On June 17, according to a recent product information summary published by the Hong Kong Stock Exchange, a new ETF product under Southern Eastern (code: 03121) will be listed on June 18. Each lot consists of 100 units, with an entry fee of HKD 780 and an annual management fee of 0.99%. This ETF will be the first in the Asia-Pacific region to directly track South Korea's flagship KOSPI 200 index, employing a non-leveraged passive tracking strategy. In terms of holdings, SK Hynix and Samsung Electronics together account for approximately 62% of the weight, significantly higher than the corresponding weights in U.S. DRAM-related ETFs and EWY (iShares MSCI Korea ETF), indicating a more concentrated exposure to the two leading South Korean memory semiconductor companies. The remaining holdings also include major South Korean blue-chip stocks such as Samsung Electro-Mechanics, Hyundai Motor, and Doosan Energy, providing a comprehensive coverage of key sectors in the South Korean real economy. Background-wise, driven by the AI wave, the KOSPI 200 index has risen 113% this year, with leading companies like SK Hynix and Samsung Electronics seeing returns of several times over the past year. For investors unable to directly open a South Korean securities account, 03121 offers a convenient low-threshold channel to participate in the South Korean large-cap market through a Hong Kong stock account.

[SK Hynix and Samsung Hold Over 60% Combined, First Pure KOSPI 200 ETF in Asia-Pacific to Launch on HKEX]On June 17, according to a recent product information summary published by the Hong Kong Stock Exchange, a new ETF product under Southern Eastern (code: 03121) will be listed on June 18. Each lot consists of 100 units, with an entry fee of HKD 780 and an annual management fee of 0.99%. This ETF will be the first in the Asia-Pacific region to directly track South Korea's flagship KOSPI 200 index, employing a non-leveraged passive tracking strategy. In terms of holdings, SK Hynix and Samsung Electronics together account for approximately 62% of the weight, significantly higher than the corresponding weights in U.S. DRAM-related ETFs and EWY (iShares MSCI Korea ETF), indicating a more concentrated exposure to the two leading South Korean memory semiconductor companies. The remaining holdings also include major South Korean blue-chip stocks such as Samsung Electro-Mechanics, Hyundai Motor, and Doosan Energy, providing a comprehensive coverage of key sectors in the South Korean real economy. Background-wise, driven by the AI wave, the KOSPI 200 index has risen 113% this year, with leading companies like SK Hynix and Samsung Electronics seeing returns of several times over the past year. For investors unable to directly open a South Korean securities account, 03121 offers a convenient low-threshold channel to participate in the South Korean large-cap market through a Hong Kong stock account.

SK Hynix and Samsung Hold Over 60% Combined, First Pure KOSPI 200 ETF in Asia-Pacific to Launch on HKEX

On June 17, Alex Gluchowski, co-founder and CEO of Matter Labs, announced on the X platform that the company would be reducing its team size and explained the reasons for the layoffs. Gluchowski stated that starting in 2024, Matter Labs will focus on product development for regulated financial institutions, leading to the incubation of the enterprise-level privacy infrastructure project Prividium. The entire company has now redirected its resources towards this goal, which is to provide privacy-centric on-chain infrastructure for businesses and regulated financial institutions. As this business evolves, customer demands have become increasingly clear, and the required team skill set has significantly changed from previous phases. The layoffs are a result of this strategic shift. Gluchowski emphasized that the departing employees are all top engineers, designers, and operational talents, and the adjustments are not related to individual capabilities or job performance. The company has provided financial compensation to all departing employees and is assisting with their career transitions, while also opening a channel for external companies to access the list of departing talent.

[Matter Labs Announces Layoffs, Shifts Focus to Enterprise-Level Privacy Chain Infrastructure Prividium]On June 17, Alex Gluchowski, co-founder and CEO of Matter Labs, announced on the X platform that the company would be reducing its team size and explained the reasons for the layoffs. Gluchowski stated that starting in 2024, Matter Labs will focus on product development for regulated financial institutions, leading to the incubation of the enterprise-level privacy infrastructure project Prividium. The entire company has now redirected its resources towards this goal, which is to provide privacy-centric on-chain infrastructure for businesses and regulated financial institutions. As this business evolves, customer demands have become increasingly clear, and the required team skill set has significantly changed from previous phases. The layoffs are a result of this strategic shift. Gluchowski emphasized that the departing employees are all top engineers, designers, and operational talents, and the adjustments are not related to individual capabilities or job performance. The company has provided financial compensation to all departing employees and is assisting with their career transitions, while also opening a channel for external companies to access the list of departing talent.

Matter Labs Announces Layoffs, Shifts Focus to Enterprise-Level Privacy Chain Infrastructure Prividium

On June 16, Strategy founder Michael Saylor published a post this morning introducing the concept of a 'modern digital asset stack'. He believes that Bitcoin is not only digital capital but will also serve as the foundational basis for financial products such as digital credit, digital money, digital yield, and digital equity, facilitating Bitcoin's evolution from a singular asset to a global financial framework. Saylor stated that Bitcoin does not require protocol modifications, staking, or issuance increases, and its volatility can be transformed into yield-generating products through capital structure. Among these, digital credit products represented by STRC can provide returns, while digital money can construct stable value instruments with yields of approximately 6%-8% by combining Bitcoin-backed credit assets with cash equivalents. He envisions that in the future, stablecoins, payment networks, wallets, exchanges, and DeFi protocols can all operate based on Bitcoin-supported capital structures, offering digital capital, yield products, and stable value assets to investors with varying risk appetites. Saylor emphasized that Bitcoin will maintain a fixed supply cap of 21 million coins, and most innovations should occur at the levels of custody, securities, credit, payment systems, and capital markets, rather than altering the Bitcoin protocol itself, asserting that 'Bitcoin is digital capital, and the world will build a financial system on top of Bitcoin'.

[Michael Saylor Proposes 'Five-Layer Architecture for Digital Assets', Claims Bitcoin Will Evolve as the Foundation of the Global Financial System]On June 16, Strategy founder Michael Saylor published a post this morning introducing the concept of a 'modern digital asset stack'. He believes that Bitcoin is not only digital capital but will also serve as the foundational basis for financial products such as digital credit, digital money, digital yield, and digital equity, facilitating Bitcoin's evolution from a singular asset to a global financial framework. Saylor stated that Bitcoin does not require protocol modifications, staking, or issuance increases, and its volatility can be transformed into yield-generating products through capital structure. Among these, digital credit products represented by STRC can provide returns, while digital money can construct stable value instruments with yields of approximately 6%-8% by combining Bitcoin-backed credit assets with cash equivalents. He envisions that in the future, stablecoins, payment networks, wallets, exchanges, and DeFi protocols can all operate based on Bitcoin-supported capital structures, offering digital capital, yield products, and stable value assets to investors with varying risk appetites. Saylor emphasized that Bitcoin will maintain a fixed supply cap of 21 million coins, and most innovations should occur at the levels of custody, securities, credit, payment systems, and capital markets, rather than altering the Bitcoin protocol itself, asserting that 'Bitcoin is digital capital, and the world will build a financial system on top of Bitcoin'.

Michael Saylor Proposes 'Five-Layer Architecture for Digital Assets', Claims Bitcoin Will Evolve as the Foundation of the Global Financial System

SemiAnalysis Report Claims Delay in Two Key Technologies, Triggers Sharp Decline in 'Optoelectronics', Sparking Online Debate Over CPO

$500 Billion, 20-Year Lease: OpenAI in Talks for 10GW Ohio Data Center, Nvidia Set to Act as Credit 'Backstop'

What Should You Do First with Claude Fable 5? Give Your Code Repository a Comprehensive Checkup

Internet-Famous Institution Battles White-Haired Stock God: What Does the Report That Crashed CPO Stocks Actually Recommend?

SpaceX's Core Window for Listed Trading: July 7th Nasdaq Inclusion Date and Post-Q2 Earnings Lockup Expiration

TON Revives the Gram Brand, a Name That Disappeared Six Years Ago Returns

Top Crypto Coins With Real Use Cases To Watch in June 2026: NEAR, HYPE, Humanity Protocol, and BlockDAG Compared

Sequoia Dialogue with Jensen Huang: Computing Model Undergoes a 60-Year Transformation; You Won't Be Replaced by AI, But You Will Be Dimensionality-Reduced by 'Those Who Master AI'

The Recursive AI Anthropic Warned About: Tian Yuandong's New Company Has Just Taken the "First Step"

"Agents' Last Exam", Claude Fable 5 Actually Loses to GPT 5.5

Article

Alibaba Launches First Embodied Large Model Series Qwen-Robot

Michael Saylor Proposes 'Five-Layer Architecture for Digital Assets', Claims Bitcoin Will Evolve as the Foundation of the Global Financial System

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

Artículos relacionados

Todos los comentarios0Lo más recientePopular

Temas populares

Artículos relacionados