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Crypto stocks advance. Cleanspark jumps more than 4%
Crypto stocks advanced, with Cleanspark climbing more than 4%. Robinhood, Mara Holdings, and Circle Internet Corp. each rose over 3%, while Coinbase, Strategy, and BitMine Immersion Technologies gained more than 1%.加密货币概念股上涨，Cleanspark 、Robinhood、Mara Holdings、Circle Internet Corp.、Coinbase、Strateg...Tiger News
Wed, Jun 17
Nasdaq, S&P 500 Open Higher as Traders Await Fed Rate Decision; SpaceX Jumps Another 4%
S&P 500 opened higher on Wednesday as traders awaited the latest monetary policy decision from the Federal Reserve.SpaceX traded 4% higher. The stock has been on fire since the rocket company’s initial public offering last week, which was priced at $135. In that short time, shares are up around 50%,...Tiger News
Wed, Jun 17
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
Wed, Jun 17
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
Wed, Jun 17
Enron redux! Muddy Waters for clicks, or is SOFI just bad?
Part I reviewed the core businesses of $SoFi Tech(SOFI.US). We noted that current performance is driven mainly by expansion in the Lending Platform biz. (LPB), with a smaller contribution from the ongoing recovery in student loans.Muddy Waters’ Mar 23 bearish report targeted those key engines with p...Dolphin Research
Wed, Jun 17
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
Wed, Jun 17
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.comEQS
Wed, Jun 17
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
Wed, Jun 17
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.comEQS
Wed, Jun 17
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
Wed, Jun 17
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
Wed, Jun 17
Top Calls on Wall Street: Apple, Tesla, Oracle, Palantir, CoreWeave, ExxonMobil, Flutter & More
UBS upgrades Dynatrace to Buy from NeutralUBS says it sees a “healthy demand backdrop.”“After speaking with 10+ checks we assume coverage of Dynatrace with a Buy rating. Overall our check feedback pointed to a modest growth acceleration and healthy demand backdrop driven by strong core APM [applicat...Tiger News
Tue, Jun 16
Brent Oil Falls Below $80 as Trump Says the Strait of Hormuz Will Be Fully Open Before Friday
Oil prices fell on Tuesday after President Donald Trump said the crucial Strait of Hormuz will reopen for commercial shipping as soon as Friday.Brent crude futures, the international standard, were down 3.93% to $79.9 a barrel. West Texas Intermediate futures were down 3.9% at $76.34 a barrel. Brent...Tiger News
Tue, Jun 16
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