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Space Stocks Shine. SpaceX Jumps Nearly 4%; VCX Soars Nearly 8%; AST SpaceMobile up 5%; BlackSky Technology, Momentus up Around 4%
Space stocks shined in premarket trading. Fundrise Innovation Fund up nearly 8%; AST SpaceMobile up over 5%; BlackSky Technology, Momentus, SpaceX up around 4%.
Tiger News
3 hours ago
Chip, Storage Shares Rebound. SOXL Surges over 7%; Wolfspeed up 4%; Micron, ASML Gain Nearly 5%; Marvell up 4%; Intel, AMD up over 3%
Chip, storage shares rebounded in premarket trading. SOXL surged over 7%; Wolfspeed up 4%; Micron, ASML gained nearly 5%; Marvell up 4%; Intel, AMD up over 3%.
Tiger News
3 hours ago
Crypto Daily|Binance Set to Lose Permission to Operate in EU; BlackRock Launches IShares Bitcoin Premium Income ETF With Yield
Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.Crypto NewsBinance set to lose permission to operate in EU, sources sayBinance, the world's largest crypto exchange, is set to lose permission to serve European Union clients...
Tiger News
5 hours ago
Sunny Optical Capital Makes Public Debut Sunny Optical Capital Invests US$20 Million as Cornerstone Investor in LINGYI iTECH (GUANGDONG) COMPANY
On June 17, as A-share listed company, LINGYI iTECH (GUANGDONG) COMPANY (“LY iTECH”) formally disclosed its Hong Kong IPO prospectus, Sunny Optical Capital Limited (“Sunny Optical Capital”), the wholly‑owned investment platform of Sunny Optical Technology (Group) Company Limited, made its first public appearance. As one of the cornerstone investors in LY iTECH’s Hong Kong listing, Sunny Optical Capital subscribed US$20 million, and this move marks the official launch of Sunny Optical Technology’s new strategic phase of “dual‑drive” growth — combining product value and capital value. As the first landmark investment project since the establishment of Sunny Optical Capital, this cornerstone investment is not only a financial deployment, but also a critical move by Sunny Optical Technology to deepen industrial synergy and build its “circle of friends” in the capital market. It is understood that Sunny Optical Capital is an investment platform established by Sunny Optical Technology in Hong Kong to implement its new five‑year strategic plan, focusing on capital operations. It does not target short‑term financial returns, but instead concentrates on pre‑IPO investments, cornerstone investments, and overseas mergers and acquisitions, using capital as a link to systematically build Sunny Optical Technology’s “circle of friends” in the capital market. Industry professionals have paid close attention to the establishment of Sunny Optical Capital, believing that this platform will become a strategic fulcrum for Sunny Optical Technology to command the industrial high ground, ensure supply chain security, and incubate a new growth curve.17/06/2026 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
8 hours ago
HK Movers | Storage Chip Stocks Rally: GIGADEVICE Surges Over 8%, MONTAGE TECH Jumps 7%
Wednesday, Hong Kong-listed storage concept stocks rallied broadly, with GIGADEVICE surging over 8%, MONTAGE TECH jumping more than 7%, and the CSOP SK Hynix Daily (2x) Leveraged Product climbing nearly 3%.
Tiger News
9 hours ago
From Nagasaki Pachinko to Casino Contender, Okura Holdings Leverages Regulatory Optionality for Valuation Re-rating
In the Hong Kong equity market, micro-cap stocks are routinely sidelined by institutional investors due to liquidity constraints and perceived single-business risks. However, Okura Holdings Limited (1655.HK)—a traditional operator of Japanese pachinko parlors in Nagasaki Prefecture—is quietly positioning itself at the confluence of global regulatory tailwinds. The company is orchestrating a textbook valuation re-rating, driven by the regulatory optionality within Japan's emerging casino sector.From a fundamental perspective, consensus opinion remains tethered to Okura’s mature core pachinko operations. Yet, value investors will recognize that this legacy portfolio anchors the enterprise with a resilient valuation floor. Following extensive consolidation within the Japanese gaming landscape, Okura has preserved a dominant regional footprint and robust cash generation in its home market.The stock currently trades at severely depressed multiples, with a trailing price-to-earnings (P/E) ratio around 2x and a price-to-book (P/B) ratio of approximately 0.3x. Amid macroeconomic volatility, this extreme valuation discount provides a formidable margin of safety, yielding a classic asymmetric risk-reward profile.The true catalyst, however, resides in the embedded option value of Japan’s secondary casino licenses (Integrated Resort, or IR concessions). Following the central government's approval of the MGM Resorts and Orix consortium in Osaka, Japan’s gaming ecosystem has entered a secular expansionary phase. Under current statutory frameworks, two additional casino licenses remain unallocated, and Tokyo is slated to reopen the competitive bidding window in 2027.Given that Nagasaki was a prime contender in the initial licensing tranche, local authorities are widely anticipated to mount a renewed bid. As the premier homegrown entertainment operator in Nagasaki, Okura commands deep-seated political networks and coveted commercial real estate assets, rendering it an indispensable local partner for multinational gaming concessionaires. Should the 2027 licensing momentum accelerate, Okura stands as a pure-play, micro-cap proxy primed for upward multiple expansion.While the upcoming casino bidding represents a compelling medium-term regulatory call option, management’s recent capital allocation strategy has delivered an immediate alpha generator. According to regulatory filings, Okura deployed its idle cash reserves into a pre-IPO vehicle targeting SpaceX(SPCX), securing Class A common stock at $126 per share just ahead of its Nasdaq debut. With SpaceX stock now surging past the $200 mark post-listing, Okura has locked in a staggering gain of over 58% on paper, capturing substantial balance sheet upside in a matter of days.While the absolute dollar amount is nominal relative to SpaceX's market capitalization, it represents a highly accretive asset appreciation for a company of Okura's scale. The transaction successfully breaks the valuation ceiling of a legacy entertainment stock, overlaying a premium global aerospace narrative onto its corporate profile without overshadowing its core gaming catalysts.Viewed holistically, Okura Holdings’ strategic posture reflects a calculated play on structural regulatory inflection points. The deeply discounted core business provides robust downside protection, while the 2027 Japan casino license reopening serves as a powerful catalyst to unlock balance sheet optimization. For sophisticated capital allocators hunting for deep value paired with asymmetric upside, this overlooked gaming play is emerging as a compelling dark horse.17/06/2026 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
EQS
9 hours ago
US Official Says Wording Of US-Iran MOU Should Not Be Overread
A US official told CNN the wording of the US-Iran memorandum of understanding should not be overinterpreted and called the document a "political document." "More important than the text itself is the consensus between us... We chose wording that allows Iran to express the views it needs for its dome...
Tiger News
10 hours ago
SG Morning Brief | Dow Nears 52K for 4th Straight Record as Chips Drag Nasdaq; Warsh FOMC Tonight
US OvernightThe Dow gained 0.64% (+329 points) to close just shy of 52,000, its fourth consecutive record, while the S&P 500 slipped 0.08% to 7,548.60 and the Nasdaq fell 1.15% to 26,376.34, ending its three-day winning streak. The divergence between the Dow and Nasdaq widened further as the rotatio...
Longport
10 hours ago
24H | SpaceX Extends Rally In Wednesday Overnight Session As Chip Stocks Bounce Back
SpaceX up 2% in Wed. overnight trading to notch 3-day rally.Intel, AMD up over 1% while Nvidia notches modest gain.
Tiger News
11 hours ago
From TASER to the Skies. Buy Axon Stock While It's Still Down 49%
Key PointsThe war in Iran is highlighting drones as a weapon and the need to defend against them domestically.Axon is already several years into establishing its drone solution, Axon Air.The company's growth prospects make the stock a solid buy on its current decline.10 stocks we like better than Ax...
The Motley Fool
18 hours ago
Vanguard's VCIT or Fidelity's FIGB: Which Bond ETF Is the Better Buy Right Now?
Key PointsVanguard Intermediate-Term Corporate Bond ETF provides a significantly lower expense ratio of 0.03% compared to the 0.36% charged by Fidelity Investment Grade Bond ETF.Vanguard Intermediate-Term Corporate Bond ETF offers a higher trailing-12-month dividend yield. Fidelity Investment Grade ...
The Motley Fool
18 hours ago
Don't Buy SpaceX Shares Before Considering the 20 Most Important Words in the Company's Prospectus
Key PointsSpaceX posted a 19% gain in its first day of trading.The company offers an exciting growth business, featuring strengths in rocket launches and AI -- but it remains risky. These 10 stocks could mint the next wave of millionaires › SpaceX (NASDAQ: SPCX) has seen soaring demand for its share...
The Motley Fool
18 hours ago
This Storage Stock Is Now Up More Than 700% in a Year, and the AI Boom Could Push It Even Higher.
Key PointsSeagate's revenue and margins surged in its latest quarter.High-capacity storage demand from AI data centers is tightening supply.The stock's valuation leaves little room for a cyclical downturn.10 stocks we like better than Seagate Technology Plc › Shares of Seagate Technology (NASDAQ: ST...
The Motley Fool
19 hours ago
Why Hyperliquid Jumped Another 11.6% on Tuesday
Key PointsAsset manager Bitwise bought $5.2 million worth of Hyperliquid tokens on Tuesday, fueling an 11.6% price jump.Hyperliquid is a blockchain built specifically for decentralized trading, processing billions in daily volume.Volatility cuts both ways; today's gains can become tomorrow's losses ...
The Motley Fool
19 hours ago
How to Build a Retirement Income Plan That Lasts Through a High-Inflation Decade
Key PointsOver many decades, inflation has averaged roughly 3% -- so retirees need to plan for it.Plus, it can be quite steep at times, and it has been on the high side recently. Consider some inflation-resistance strategies for your financial future.The $23,760 Social Security bonus most retirees c...
The Motley Fool
19 hours ago
SpaceX Just Agreed to Acquire This AI Start-Up For $60 Billion
Key PointsCursor operates an AI coding tool that creates computer code through agentic AI. SpaceX is buying the company for $60 billion in common stock.The transaction is expected to help improve model training and inference for the Grok chatbot.10 stocks we like better than Space Exploration Techno...
The Motley Fool
19 hours ago
Goldman Sachs Says That This Is the Next Big AI Infrastructure Megatrend With a 9X Growth Potential. 3 Stocks You Can Buy to Capitalize on This $154 Billion Opportunity
Key PointsThe optical networking market is poised for exponential growth due to booming demand from AI data centers.Lumentum, Ciena, and Coherent are witnessing phenomenal earnings growth driven by a significant increase in optical component prices.The supply shortage in optical networking should he...
The Motley Fool
19 hours ago
Which Long-Term Bond ETF Is the Better Buy: iShares' IGLB or Its Treasury Rival TLT?
Key PointsiShares 10 Year Investment Grade Corporate Bond ETF offers a lower expense ratio of 0.04% and a higher dividend yield than the iShares 20 Year Treasury Bond ETF.iShares 20 Year Treasury Bond ETF has experienced a deeper maximum drawdown over the last five years compared to the corporate...
The Motley Fool
19 hours ago
3 of the Best Growth Stocks to Buy for Less Than $100 Today
Key PointsThe stocks listed below have all been growing fast in recent years. Their businesses are also profitable and generate strong margins.10 stocks we like better than Netflix › Buying good growth stocks at reasonable prices can help set you up for some tremendous gains later on. It can be a gr...
The Motley Fool
19 hours ago
Why Did CoreWeave Stock Just Pop?
Key PointsCantor Fitzgerald analyst Brett Knoblauch says CoreWeave will beat earnings in Q2.CoreWeave signed $40 billion in long-term contracts in Q1 2026, and could sign another $40 billion in Q2.But CoreWeave will still lose money this year.10 stocks we like better than CoreWeave › CoreWeave (NASD...
The Motley Fool
19 hours ago
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