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Rocket Lab (RKLB.US) announced an $8 billion acquisition of Iridium Communications Inc., igniting the commercial space sector. Planet Labs (PL.US) surged over 13%.

Satellite remote sensing company Planet Labs stock price surged more than 13%

US Stock Market Move | Earlier, GlassBridge technology was launched, and Corning Inc (GLW.US) rose more than 8% in early trading.

On Monday, Corning (GLW.US) rose over 8% in early trading, hitting a new all-time high and gaining 176% year-to-date.

The U.S. Supreme Court rejected President Trump's request to immediately remove Federal Reserve Board member Jerome Powell by a 5-4 vote. The U.S. stock market's three major indexes turned higher within the day.

The Supreme Court of the United States on Monday rejected President Trump's request to immediately remove Federal Reserve Board member Lisa Cook from her position with a 5-4 vote, allowing her to continue serving during the course of the lawsuit.

US Stock Market Move | Formed a joint venture with British Telecommunications, Verizon (VZ.US) fell nearly 8% in early trading.

On Monday, Verizon (VZ.US) fell nearly 8% in early trading, hitting a five-month low, and is now trading at $43.07.

US Stock Market Move | Semiconductor equipment stocks rise, Applied Materials (AMAT.US) up nearly 10% to hit a record high.

On Monday, U.S. semiconductor equipment stocks rose, with Applied Materials rising nearly 10% to a record high, with a gain of over 50% for the month.

US Stock Market Move | "Institutions are optimistic about Tesla's Q2 deliveries exceeding expectations, with Tesla, Inc. (TSLA.US) rising over 4%."

On Monday, Tesla (TSLA.US) continued to rise at the opening of the market, up over 4% as of the time of writing, with a market value of approximately $1.5 trillion.

UBS Group AG is optimistic about the market prospects of high-speed interconnect technology in data centers, and has raised the price targets for Marvell Technology Group Ltd (MRVL.US) and Astera Labs, Inc (ALAB.US).

"With the rapid development of high-speed interconnection technology in data centers, UBS is even more optimistic about the future growth prospects of Merwil Technology, and has significantly increased the company's target price."

US Stock Market Move | NVIDIA Corporation challenges Cerebras Systems (CBRS.US) with a nearly 10% increase after a continuous drop of over 25% before.

On Monday, Nvidia's challenger Cerebras Systems (CBRS.US) saw a significant increase in midday trading, with gains of nearly 10%. Over the course of two trading days, it has increased by a cumulative 18%.

US Stock Market Move | Chinese concept stocks collectively rose, Baidu Inc Sponsored ADR Class A (BIDU.US) rose more than 5%.

On Monday, the Nasdaq China Golden Dragon Index rose more than 2%.

US Stock Market Move | Charter Communications (CHTR.US) surged more than 15%, with reports that the company will establish a partnership with SpaceX.

On Monday, Charter Communications (CHTR.US) opened up more than 15%, while SpaceX (SPCX.US) opened higher but later fell by 0.4%, from its peak on the market, it has now dropped by 20%.

US Stock Market Move | Intended repurchase of up to $1 billion worth of Class A common stock by Strategy(MSTR.US) as the market opens up nearly 6%.

On Monday, Strategy (MSTR.US) opened up nearly 6%, but as of the time of writing, the increase has narrowed to 1.65%.

US Stock Market Move | Amazon.com, Inc. (AMZN.US) rose more than 4%, with Prime Day spending increasing by 9.3% year-over-year.

As of the time of publication, the stock has risen by over 4%, reaching $242.72.

US Stock Market Move | Storage sector performance differentiated, SanDisk (SNDK.US) down over 7%, Western Digital Corporation (WDC.US) up over 2%.

On Monday, the performance of the storage sector at the opening was mixed.

US Stock Market Move | AI software stocks rise, Palantir (PLTR.US) up over 4%

On Monday, AI application software stocks in the US market rose, with Palantir (PLTR.US) up more than 4%.

US Stock Market Move | Announced split of NBCUniversal and Sky into independent publicly listed companies. Comcast Corporation Class A (CMCSA.US) opens with over 10% gain.

On Monday, Comcast (CMCSA.US) opened up more than 10%, reaching its largest single-day increase since 2020, now trading at 25.12 USD.

US Stock Market Move | Splurge 8 billion US dollars to acquire Iridium Communications Rocket Lab (RKLB.US) rose more than 12%

On Monday, Rocket Lab (RKLB.US) opened with a sharp increase, with a gain of over 12% as of the time of writing.

Sell only" iron rule completely ended! Strategy (MSTR.US) launched an epic reform, or cash out up to $1.25 billion in Bitcoin to defend cash flow.

As the structure that has pushed its radical hoarding of coins for many years faces increasingly heavy pressures, Strategy has given itself broader powers to sell this cryptocurrency, repurchase securities, and maintain liquidity to adapt.

Tesla, Inc. (TSLA.US) Q2 deliveries or exceed expectations? Barclays and Morgan Stanley successively optimistic about China and Europe becoming growth drivers.

Tesla is expected to release its second quarter delivery report before the shortened trading day ends this week.

SpaceX aims to become a giant in integrated communications operations, with plans to partner with Charter Communications to expand the Starlink satellite network.

The strategic implication of this potential collaboration is not just to add a mobile phone product to SpaceX's Starlink, but to transition SpaceX from a "satellite broadband service provider" to an "integrated communication operator of heaven and earth".

AI burns money and burns "trust collapse"! Microsoft Corporation (MSFT.US) suffers its worst month in 26 years, with a market value of 570 billion disappearing.

Microsoft is experiencing its most severe market test since the Internet bubble era.

New stock news | Shengjing Netcom submitted an application to the Hong Kong Stock Exchange, ranking second among domestic market-oriented private equity funds.

According to the announcement made by the Hong Kong Stock Exchange on June 29th, Beijing Shengjing Netlink Technology Service Co., Ltd. (referred to as Shengjing Netlink) has submitted an application for listing on the Main Board of the Hong Kong Stock Exchange, with Guosen Securities (Hong Kong) as its exclusive sponsor.

Accelerate the commercialization of new software! Palantir (PLTR.US) collaborates with NVIDIA Corporation (NVDA.US) and Surf Air (SRFM.US) to fully promote the expansion of AI software.

Palantir announces agreement with Nvidia to run Nvidia AI and Nemotron open-source AI models in a sovereign environment.

Chen Maobo: Continuously optimizing Hong Kong's tax policies to create a more convenient business environment.

On June 29, the first meeting of the Inland Revenue Department Policy Consultation Committee, chaired by Hong Kong Financial Secretary Paul Chan, was held.

Selected Announcement of A-share | Shengda Resources (000603.SZ) expects its first half performance to increase by 399% to 471%

Shengda Resources announced that the net profit attributable to shareholders of the listed company in the first half of 2026 is expected to be between 350 million and 400 million yuan, a year-on-year increase of 399.31% - 470.64%.

AI will ignite the US stock market earnings season! Wall Street: S&P 500 second quarter earnings expected to soar by 22%

The Goldman Sachs Group's strategy team predicts in its latest research report that earnings of the S&P 500 index components in the second quarter will surge by 22% year-on-year, and believes that companies as a whole have the ability to meet or exceed this target.

Comcast Corporation Class A (CMCSA.US) launches "Century Mega Split"! NBCUniversal and Sky to be independently listed, the media empire welcomes a "value reassessment moment"

Super empire Comcast announced its latest split plan, which can be described as a typical capital market surgery for undervalued large telecommunications, media, and entertainment groups by breaking up assets to seek a valuation reset and strategic flexibility.

US stocks Q2 earnings expectations diverge: Goldman Sachs bullish on diversified growth, Morgan Stanley warns of AI monetization risks.

A strategist from Goldman Sachs Group stated that, driven by the AI investment boom and unexpected profits in energy companies, American businesses will experience another strong financial quarter.

New Stock News | Shengjing Netcom submits application to the Hong Kong Stock Exchange.

According to the disclosure by the Hong Kong Stock Exchange on June 29th, Beijing Shengjing Wanglian Technology Service Co., Ltd. (referred to as Shengjing Wanglian) has submitted an application for listing on the main board of the Hong Kong Stock Exchange, with Guosen Securities (Hong Kong) as its exclusive sponsor.

Replay SpaceX's path! Rocket Lab (RKLB.US) smashes $8 billion acquisition of Iridium Communications Inc. (IRDM.US) to vertically integrate the space industry chain.

Rocket Lab announced on Monday that it will acquire satellite communication service provider Iridium Communications in a cash and stock transaction, with a total value of approximately 8 billion US dollars.

Preview of US Stock Market | Three major stock index futures rise together, June Nonfarm Payrolls, European version of the annual global central bank conference coming this week, Samsung, SK Hynix's trillion-level investment plan unveiled.

On June 29 (Monday) before the US stock market, the futures of the three major US stock indexes all rose.

Storage Three Giants Expanding Production Frenzy Strikes, Semiconductor Equipment Rides the Super Trend! ASML Leads European Stock Markets into a New Bull Market.

Korean memory chip giants and Micron's capital spending super cycle are providing a strong foundation for profit and valuation upgrades for European equipment giants such as ASML and Besi.

New Stock Preview | Lingcard Technology's Hong Kong IPO faces a big test, how to balance "expansion" and "difficult profitability"?

Even though they have taken the lead in the flexible labor competition, the contradiction between "scaling up" and "difficult to make money" constitutes the key proposition that Lingka Technology must first face when going public in Hong Kong.

Strategy (MSTR.US) valuation falls below the bitcoin holding value, "mNAV breaking 1" triggers market confidence shake.

As the valuation of Strategy (MSTR.US) has dropped below the value of the Bitcoin it holds for the first time, this milestone has weakened investors' confidence in the long-term cryptocurrency bet of this company founded by Saylor.

Roche (RHHBY.US) launches the Axelios gene sequencer in an attempt to challenge Illumina (ILMN.US)'s dominant market position.

Swiss pharmaceutical and diagnostic giant Roche officially launched the highly anticipated Axelios genetic sequencer on Monday, aiming to challenge the leading position of American company Illumina in the field of next-generation gene sequencing (NGS).

Hong Kong Monetary Authority: The ratio of classified loans in the Hong Kong banking system at the end of the first quarter was 1.87%, an improvement of 0.14 percentage points compared to the previous quarter.

According to a special publication on the banking industry released by the Hong Kong Monetary Authority, as of the end of the first quarter of 2026, the delinquency rates for credit card loans and residential mortgage loans were 0.39% and 0.13% respectively, with a quarter-on-quarter increase of 0.04 percentage points and a decrease of 0.01 percentage points respectively.

HKEX Connect will be launched in the fourth quarter of 2026.

Linkage Communication will serve as the main platform for the listed issuer and its advisors to submit regulatory documents and communicate with the Stock Exchange on regulatory matters, providing a secure, centralized, and convenient online channel for two-way communication for all parties.

Northbound funds | Northbound trading recorded a net selling of 10.339 billion yuan, with Northbound investors continuing to buy AI hardware stocks. Throughout the day, Tracker Fund of Hong Kong (02800) was sold off by over 7.3 billion Hong Kong dollars.

On June 29, the Hong Kong stock market saw a net selling of 10.339 billion Hong Kong dollars by northbound investors. Of this, the Shanghai-Hong Kong Stock Connect saw a net selling of 5.475 billion Hong Kong dollars, while the Shenzhen-Hong Kong Stock Connect saw a net selling of 4.864 billion Hong Kong dollars.

Aiqi Technology partners with the China Preventive Foundation for Oral Diseases to start a new chapter in providing targeted assistance for children's invisible orthodontic treatment.

On June 24, 2026, Aizi Technology and the Chinese Oral Health Foundation (COHF) officially signed a cooperation agreement for the "Love Smile Youth - Invisible Correction Charity Project" for the years 2026-2027, donating a special fund and products worth 1 million RMB to the project fund.

Traditional tobacco giants are cutting off their arms to survive, British American Tobacco (BTI.US) to cut global workforce by one-fifth.

As part of its comprehensive plan to reduce costs and simplify operations, British American Tobacco (BTI.US) is reducing its global workforce of 47,000 employees by about one-fifth.

From the $60,000 defense line being breached to a $4.1 billion mass sell-off, the Bitcoin ETF moves towards the worst single-month withdrawal in history.

Since June, investors have withdrawn over $4.1 billion from these 13 Bitcoin ETF funds in the US stock market, marking the largest net outflow since they started trading publicly in January 2024.

The pound stabilizes and waits quietly for Burnham's economic blueprint. Expectations for fiscal expansion and the selection of a finance minister are the focus of the market.

The pound held steady on Monday as investors closely watched for a key economic policy speech by leading candidate for the next British prime minister, Andy Burnham, later in the day.

Xu Zhengyu: Dim sum bonds and yanqian bonds have jointly built the twin wings of the Hong Kong bond market. In the future, efforts will be made to enhance market attractiveness and liquidity.

Xu Zhengyu expressed that the dim sum bonds and wonton bonds are gradually forming a pattern of "main dish and new dish," similar to the dual wings of the Hong Kong bond market, enriching market options together and attracting international funds.

Hong Kong corporate gift merchant Shang Li Fang (GINT.US) increases its Nasdaq IPO fundraising amount by 358%.

This Hong Kong-based company currently plans to raise $28 million by issuing 5 million shares of stock, with an offering price range of $5 to $6 per share.

National Energy Administration: The total electricity market transaction volume in May reached 626.8 billion kilowatt-hours nationwide, an increase of 23.6% year-on-year.

From January to May 2026, the total electricity transaction volume in the country reached 305.73 billion kilowatt-hours, an increase of 24.8% year-on-year.

Hong Kong IT service provider Meilin Technology's parent company has submitted an application for a US IPO, intending to raise $28 million.

Melin Technology provides customized software to process large-scale data sets, providing quantitative analysis, trading execution evaluation, and risk monitoring support for financial market participants, as well as audience profile analysis, marketing campaign optimization, and marketing effectiveness measurement services for digital marketers.

Infectious disease biotechnology company Alopexx (ALPX.US) doubles IPO size, planning to raise $33 million.

Alopexx is now planning to issue 3 million shares of stock at a price range of $10 to $12 per share, raising a total of $33 million.

AI Bull Market Narrative Enters Act 2! With Token Profit Soaring, Software Sector Welcomes "Counterattack Moment" as these two software stocks take the lead.

The AI computing power industry chain associated with semiconductors has entered a high volatility stage, with extreme leverage and bullish positions crowded, and high expectations for profit realization. This market structure to some extent benefits software stocks that are also under the "AI halo" and are likely to benefit from the super wave of AI applications.

Brexit has caused the UK to "continue to bleed": GDP has fallen by up to 8%, the central bank's chief economist has sounded the alarm of spiraling inflation.

On the occasion of the tenth anniversary of the Brexit referendum, Hugh Pill, Chief Economist of the Bank of England, issued a stern warning: the structural changes brought about by the exit from the EU have made the UK economy more prone to a "persistent self-reinforcing" price spiral, greatly increasing the difficulty of controlling inflation.

New stock news | Yuanyuan Construction submits an application to the Hong Kong Stock Exchange's Growth Enterprise Market, deeply cultivating the Chinese curtain wall engineering market.

According to the disclosure of the Hong Kong Stock Exchange on June 29, Yueyuan Construction has submitted an application for listing on the GEM of the Hong Kong Stock Exchange.

Yao Tsai Securities Investment Forum: Hang Seng Index expected to challenge 26000 points in the second half of the year, optimistic about the AI track.

In the first half of the year, the main themes of trading in Hong Kong stocks focused on AI big models, AI hardware, storage chips, and optical communications, and investors are advised to keep an open mind.

Latest

4 m ago

On Monday, the overnight reverse repurchase agreement volume of the Federal Reserve was 35.46 billion US dollars, down from 64.26 billion US dollars the previous trading day.

7 m ago

The S&P 500 index is up 1.02%, now at 7429.130 points; the Dow Jones Industrial Average is up 0.56%, now at 52167.480 points; the Nasdaq is up 1.77%, now at 25744.814 points.

9 m ago

Market news: Carlyle Group makes non-binding acquisition offer to Owens Corning.

9 m ago

US Interior Secretary Zinke: Gasoline prices can definitely drop below $3 per gallon.

10 m ago

Anthropic: The Claude series model has now been fully launched and implemented on the Microsoft AI development platform, Microsoft Foundry.

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