TNASSIMT

South Korea has become the most stretched in the stock market amid the global rally, as signs of excessive speculation rise, making investors more vulnerable to a potential pullback, according to BCA Research.
The KOSPI index has surged sharply since the outbreak of the Iran conflict, posting gains of more than 50.00% over the past three months, while remaining up about 173.00% over the past year and roughly 4.50% over the last month, reflecting the strength of the recent risk-on wave.

Alan Greenspan, the former chairman of the U.S. Federal Reserve, died on Monday, June 22, 2026, at the age of 100, after complications related to Parkinson’s disease. With his passing, a page is turned in the life of one of the most influential figures in the history of modern monetary policy—an individual who shaped market trends for decades, and stood at the heart of the transformations that reshaped the American and global economies.

Shares of China’s internet giants have sharply fallen out of favor this year, as investors’ funds flow toward AI chip makers. However, Citi believes the selloff has gone beyond its logical limits, creating an attractive buying opportunity.
The bank has shortlisted both PDD Holdings Inc DRC (NASDAQ:PDD) and Meituan (HK:3690), as well as Baidu Inc (HK:9888), NetEase Inc (HK:9999), Trip.com Group Ltd (HK:9961), and Full Truck Alliance Co Ltd ADR (NYSE:YMM) among its preferred options, arguing that many of these companies are now trading near the bottom of its valuation range over the past years, despite their continued ability to generate strong cash flows.

Apple is losing one of the key pillars of its ambitions in spatial computing to OpenAI. Indeed, Paul Mide, the Vice President overseeing the Vision Pro headset and the smart glasses coming from Apple, is leaving the tech giant.
Maid will leave Apple by next week to lead the fast-growing Devices division at OpenAI, according to a report by Bloomberg. His mission at OpenAI is to launch a new generation of AI-powered devices. Neither of the two companies has officially commented on this move.

Record outflows put pressure on US Bitcoin spot funds as institutional demand slows.
US-listed spot Bitcoin ETFs saw their largest net daily outflows in June as Bitcoin's price fell below $60,000, reflecting continued weak institutional demand for the cryptocurrency.
Data from SoSoValue showed that the ETFs experienced net withdrawals of $696.3 million on Thursday, surpassing the previous record for the month of $519.2 million set on June 2.
This brings total outflows for June to $3.61 billion, while year-to-date net outflows have reached $4.6 billion, highlighting the ongoing pressure on Bitcoin-linked investment vehicles.
These withdrawals coincided with signs of slowing institutional demand. Strategy&, the largest publicly traded Bitcoin holder, reduced its purchases in June, raising questions about its strategy of conserving cash amid the market downturn.
The total net asset value of US Bitcoin spot funds has fallen below $73 billion for the first time since late 2024, impacted by continued withdrawals and a nearly 50% drop in Bitcoin's price from its peak in October 2025.
According to data from SoSoValue, the funds' net assets have declined from a peak of $169.5 billion in October 2025 to approximately $72.6 billion as of Friday, a decrease of nearly 57%.
In contrast, data from WalletPilot shows that the funds were holding approximately 1.24 million Bitcoin as of Tuesday's close of trading, with roughly 63,500 Bitcoin having exited these products in the past 30 days.
Meanwhile, Strategy& purchased only about 3,600 Bitcoin in June, compared to approximately 25,000 Bitcoin in May and over 50,000 Bitcoin in April. The company also recorded a net sale of 32 bitcoins earlier this month, one of the rare instances where it reduced its holdings.
Meanwhile, STRC's perpetual preferred stock came under pressure, closing at $75.69 on Thursday, down 6.37%, a level significantly below its $100 target price, indicating increasing pressure on the company amid the broader cryptocurrency market downturn.
#ETFvsBTC #BTC走势分析 #TNASSIMT #TradingCommunity

Bank of America described Rubou as the most likely candidate to succeed Dimon in the end; however, it warned that investors will likely want to see proof of his ability to navigate the highly competitive consumer banking landscape, especially as artificial intelligence reshapes the sector’s features.
However, the most pressing reflection for investors is the continued presence of Dimon. The brokerage bank confirmed that JPMorgan Chase & Co. occupies a unique position that enables it to benefit from emerging opportunities linked to the adoption of artificial intelligence, digital assets, and regulatory developments, and that Dimon remains the most suitable executive to lead the bank through these transformations.

US inflation data released today Thursday showed a mixed picture after the annual readings matched expectations or exceeded the previous reading, while most monthly readings remained at their prior levels or were slightly below expectations. This reflects the continued presence of inflationary pressures without a notable acceleration, as the Federal Reserve continues to monitor price developments to determine the path of monetary policy in the coming period.

The U.S. dollar is heading, on Thursday, to record its largest monthly gain in nearly a year, ahead of the release of U.S. inflation data, which could reinforce the growing belief among an increasing number of investors that the Federal Reserve will have to raise interest rates at least once during this year.
The dollar, on Wednesday, also hit its highest level in 13 months against the euro, pushing the single European currency below $1.14. Rising dollar strength also sent the British pound to its lowest level in seven months, and kept the Japanese yen near its weakest level in 40 years, at around 161.79 per dollar.

Qualcomm shares rose in early trading following reports of a potential deal with ByteDance. Qualcomm is reportedly in talks with the Chinese company ByteDance, owner of TikTok, regarding the provision of custom chip design services. This move reflects the American company's strategy to diversify its revenue streams and reduce its reliance on the smartphone market, which remains its primary source of business.
According to informed sources, the discussions focus on developing chips specifically designed to meet ByteDance's technical requirements. These chips would leverage, in part, the technologies of AlphaWave Semiconductor, a company specializing in high-speed connectivity solutions, which Qualcomm acquired last year as part of its plans to strengthen its capabilities in the advanced semiconductor sector.
The reports suggest that the potential project could include the development of advanced video processing units capable of supporting data-intensive applications and artificial intelligence technologies, with the aim of starting commercial production by the end of this year. However, negotiations are still in their early stages, and there is no confirmation of a final agreement between the two parties.
This move is part of Qualcomm's broader strategy to expand into new markets, particularly data center chips and artificial intelligence applications, at a time when the smartphone industry is facing a global slowdown in growth rates, coupled with intensifying competition among semiconductor companies.
Analysts believe that any potential deal with ByteDance could give Qualcomm an opportunity to strengthen its position in the custom chip market, which is experiencing increasing demand from major technology companies seeking to develop more efficient infrastructure for running AI services and processing digital content.
In trading, Qualcomm's stock came under significant pressure during Tuesday's session, declining by 8.01%, or $17.77, to close at $204.13, affected by a broad sell-off that affected chip and semiconductor stocks.
However, the stock managed to recover some of its losses during pre-market trading, rising 2.82% to $209.88, buoyed by improved investor sentiment following news of ongoing talks with ByteDance and the possibility of a strategic partnership between the two companies.
Investors are awaiting any official developments regarding these negotiations, as they could represent a significant boost to Qualcomm's strategy to strengthen its presence in future growth sectors, particularly artificial intelligence, advanced computing, and data centers.
Qualcomm acquires AI company Modular : In other news, Qualcomm (NASDAQ: QCOM) today announced an agreement to acquire Modular Inc., a company specializing in artificial intelligence software infrastructure. The semiconductor giant, with a market capitalization of $215 billion and revenues of $44.5 billion over the past twelve months, continues to expand its AI capabilities through strategic acquisitions.
Modular provides an AI-powered software platform that enables AI models to run across various hardware architectures, including custom CPUs, GPUs, NPUs, and ASICs, without requiring rewriting the code for each processor. The company was founded by engineers who previously worked on developing AI infrastructure.
The acquisition aims to enhance Qualcomm Technologies' software capabilities for deploying AI applications in data center and edge computing environments. This integration is intended to support Qualcomm Technologies' data center strategy and expand its relationships with model builders, developers, and cloud service providers.
This move comes as Qualcomm's stock has risen by about 18% over the past six months, though InvestingPro's analysis suggests the stock is currently trading above its fair value. For deeper insights into Qualcomm's strategic positioning and a comprehensive analysis, investors can access Pro's detailed research report, available for QCOM and over 1,400 other U.S. stocks.
"This acquisition represents a pivotal moment not only for Qualcomm, but for the entire AI industry," said Cristiano Amon, president and CEO of Qualcomm. "As AI proliferates across data centers and edge environments, the industry is moving toward distributed, multi-vendor architectures that require a more open and modern software foundation."
Chris Latner, co-founder and CEO of Modular, stated, "Modular was founded on the belief that AI needs a more open and efficient software foundation that spans diverse device and deployment environments. Joining Qualcomm gives us the scale and scope to accelerate the realization of this mission."
The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals. Financial terms of the acquisition were not disclosed in the official announcement.
Qualcomm describes itself as a connected computing company focused on AI platforms across devices, edge computcenters. data centers.
#qualcom
#qualcomm_compuer #ArtificialInteligence #Semiconductors
#NVIDIA

Gold prices declined significantly during Wednesday's trading session, as increasing selling pressure pushed the precious metal down 1.19% to around $4,068 per ounce, continuing the sharp downward trend that began after the US Federal Reserve's decision to hold interest rates steady.
This decline comes at a time when markets are reassessing expectations for US monetary policy. Statements from Fed officials have reinforced the likelihood of interest rates remaining high for an extended period, diminishing the appeal of gold, which offers no yield for investors.
Data and analysis based on the WarrenAI platform, available through an InvestingPro subscription, indicate that gold has entered a highly sensitive technical phase. Selling pressure is intensifying as prices approach historical and psychological support levels that could play a crucial role in determining the future direction of the yellow metal, according to the daily chart analysis on the WarrenAI platform from InvestingPro.
WarrenAI provides investors and traders with real-time, AI-powered analysis, combining technical indicators and market data into a comprehensive analytical model that helps them read trends and identify potential scenarios faster and more accurately.
The downtrend continues to dominate the market.
The daily chart for gold against the dollar clearly shows that the downtrend remains dominant. The price is moving below key moving averages and continues to form lower highs and lows, reflecting the sellers' control over market movement in recent weeks.
The SuperTrend indicator shows a clear sell signal at the $4430.39 level, while the ADX indicator is at 35.83 points, with the negative indicator clearly outweighing the positive one. This confirms that the market is not experiencing a temporary correction but is moving within a strong and organized downtrend.
The bearish Marubozu candlestick pattern near $4061.52 reinforced the short-term negative outlook, as this candlestick reflects near-total seller dominance throughout the session, which is typically a sign of continued downward momentum.
Trading volume data indicates that the $4183 area, which represents the key control point according to the VPVR indicator, has become a pivotal resistance level that could hinder any upward attempt in the coming period.
Oversold indicators raise questions about a potential rebound
Despite the current negative picture, some technical indicators have begun to send signals that may prompt investors to be cautious about the continuation of the selling wave at the same pace.
The Relative Strength Index (RSI) has fallen to 28.91, a level approaching oversold territory, which often precedes significant technical rebounds in the markets.
Gold is currently trading approximately 10.49% below its 50-day moving average at $4,537.57, a relatively significant departure from typical price levels, increasing the likelihood of a price pullback towards the average.
WarrenAI analysis indicates that prices have entered a low-liquidity zone below $4,080, which could allow any strong return of buyers to trigger a rapid and sharp price rebound due to limited trading volume in that area.
The $4,000 to $3,930 range stands out as the most important support zone during the current phase. This area combines key psychological support at $4,000 with the 127.2% Fibonacci extension level at $3,929.68, in addition to being a historical support zone from which gold previously rebounded during the last quarter of 2025.
The downward scenario continues... but with conditions.
According to the current technical analysis from WarrenAI, the most likely scenario remains the continuation of the downward trend as long as prices fail to recover the key resistance levels.
The analysis suggests that a clear break below $4,000 could pave the way for testing the $3,930 level as an initial target, with the possibility of further declines towards $3,750 and then $3,550 if the selling momentum persists.
The area between $4,180 and $4,250 is considered one of the most prominent potential selling zones, as it combines a key control point, proximity to the 200-day moving average, and previous support levels that have now turned into resistance.
However, this scenario would be invalidated if gold manages to close above approximately $4,431 on a daily basis, as this would indicate a decrease in selling pressure and the formation of a more positive price structure.
Will buyers succeed in executing a reversal?
Conversely, investors are closely watching for the possibility of an upward bounce from the current support zone, although this scenario carries high risk given the prevailing downtrend, according to WarrenAI.
The analysis suggests that the $4,000-$3,930 range represents the most attractive area for potential buyers, especially if strong reversal patterns such as a hammer or bullish engulfing pattern appear on the daily timeframe.
If this scenario materializes, prices could move towards $4,302, then $4,430, and ultimately $4,537, levels that represent significant resistance points during any upward corrective move.
However, any daily close below $3,900 could indicate that buyers have failed to defend the current level, increasing the likelihood of a faster resumption of the downtrend.
The Zone of Indecision: Why Waiting Might Be the Best Option?
WarrenAI analysts believe that the $4,000-$4,250 range currently represents a high-risk area for traders, as it combines strong support with strong resistance simultaneously.
This zone is characterized by high volatility and a lack of clear direction, making the risk-reward equation less attractive compared to waiting for a clearer signal from the market.
According to the analysis, the most conservative option is to wait for a confirmed break below $4,000 followed by a downward retest to confirm the continuation of the selling trend, or to wait for the price to successfully recover to $4,250 and hold above it, which would support a return of buyers to the market.
The strength of the WarrenAI platform is evident in such situations, as it can integrate dozens of technical indicators and market data into a unified analysis. This helps investors assess the probabilities of different scenarios and make more data-driven decisions rather than emotional ones, making it one of the advanced tools preferred by many investors registered with InvestingPro.
The main focus of the markets in the coming days remains on gold's behavior near the $4,000 and $3,930 levels. A break below this range could open the door to a new downward wave, while holding above it could trigger a strong technical rebound that would redraw the map of the precious metal's short-term movements.
#InvestSmart #GOLD_UPDATE #GoldManSachs #XAUUSD #DumpandDump
$PAXG

The brutal sell-off hitting global tech stocks lately has sparked a massive debate in the financial markets, as companies in the Nasdaq 100 have lost nearly $1.3 trillion in market cap in just two days. This has raised questions about whether AI stocks have reached overvalued levels, or if what we’re seeing is just a temporary correction in a long-term bullish trend.

SpaceX stock (NASDAQ:SPCX) has continued its sharp downtrend on Monday, 22/06/2025, dropping by 16.43% following declines of 4.95% on Wednesday and 3.56% on Thursday. The stock is currently sitting at a level 31.5% lower than its peak recorded on 15/06/2025 at $225.64, which it reached just days after its IPO at a price of $135.00 per share.