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  <title>uniQure Soars After FDA&#039;s U-Turn Opens Accelerated Approval Pathway for Huntington&#039;s Therapy</title>
  <link>https://www.benzinga.com/news/26/06/53294498/uniqure-soars-after-fdas-u-turn-opens-accelerated-approval-pathway-for-huntingtons-therapy?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;Shares of uniQure N.V. &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;QURE&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/QURE&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/QURE&quot;&gt;QURE&lt;/a&gt;)&lt;/a&gt; pumped around 78% on Wednesday after the FDA cleared the path for a &lt;strong&gt;uniQure AMT-130 FDA approval&lt;/strong&gt; filing under the accelerated pathway — a dramatic reversal from the agency&amp;#8217;s prior stance that had sent the stock to a 52-week low of $8.73.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;What Happened: The AMT-130 FDA Approval Path Opens&lt;/h2&gt;
&lt;p&gt;During a recent Type B meeting with the FDA, regulators communicated that the 3-year &lt;a href=&quot;https://www.manilatimes.net/2026/06/17/tmt-newswire/globenewswire/uniqure-announces-plan-for-bla-submission-for-amt-130-in-huntingtons-disease/2367379&quot;&gt;analysis&lt;/a&gt; from uniQure&amp;#039;s Phase I/II clinical study of AMT-130 is acceptable as the primary basis for a Biologics License Application under the accelerated approval pathway. The company intends to submit the BLA in the &lt;a href=&quot;https://www.manilatimes.net/2026/06/17/tmt-newswire/globenewswire/uniqure-announces-plan-for-bla-submission-for-amt-130-in-huntingtons-disease/2367379&quot; rel=&quot;nofollow&quot;&gt;third quarter of 2026&lt;/a&gt;. &lt;/p&gt;
&lt;p&gt;These are the same AMT-130 data that were previously concluded as insufficient to support a marketing application.  That shock had sent QURE shares to a 52-week low of $8.73. Wednesday&amp;#039;s announcement means the regulatory overhang that has haunted the stock for months has been fully lifted.&lt;/p&gt;
&lt;p&gt;The FDA also asked to finalize the design of the required confirmatory study before the BLA is filed, including the potential use of concurrent controls on standard-of-care therapy instead of a sham procedure — a notable shift in trial expectations for this rare neurodegenerative disorder. ￼&lt;/p&gt;
&lt;p&gt;&lt;kbd&gt;&quot;Today&amp;#039;s announcement reflects the outcome we have worked toward throughout our continued regulatory engagement with FDA, and we are deeply grateful for FDA&amp;#039;s genuine commitment to addressing the unmet need of Americans living with Huntington&amp;#039;s disease&quot;.&lt;/kbd&gt;&lt;br /&gt;&lt;em&gt;— Matt Kapusta, ...&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/news/26/06/53294498/uniqure-soars-after-fdas-u-turn-opens-accelerated-approval-pathway-for-huntingtons-therapy?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=uniQure Soars After FDA&amp;#039;s U-Turn Opens Accelerated Approval Pathway for Huntington&amp;#039;s Therapy&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 22:27:26 +0000</pubDate>
 <dc:creator>Timur Mekhantev</dc:creator>
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  <title>SpaceX Had The Best IPO In History—Now Comes The Hard Part</title>
  <link>https://www.benzinga.com/Opinion/26/06/53294290/spacex-had-the-best-ipo-in-history-now-comes-the-hard-part?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p id=&quot;2&quot;&gt;Six days after pricing the largest IPO ever, SpaceX &lt;a href=&quot;https://www.benzinga.com/quote/SPCX&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;SPCX&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot;&gt;SPCX&lt;/a&gt;)&lt;/a&gt; announced a $60 billion acquisition. Then bankers started preparing a $20 billion bond sale. Then the stock dropped 9% in a single session.&lt;/p&gt;
&lt;p id=&quot;4&quot;&gt;That&amp;#8217;s a lot to process in one week. Many are calling it &amp;#8220;IPO frenzy cooling off.&amp;#8221; But that framing misses what&amp;#8217;s actually happening. SpaceX isn&amp;#8217;t being sold off because the story is broken. It&amp;#8217;s being repriced because the market is finally trying to work out how much capital, dilution, and execution it will take to keep the story moving. That&amp;#8217;s a harder question than &amp;#8220;is SpaceX a great company?&amp;#8221; And it doesn&amp;#8217;t have an easy answer yet.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot; id=&quot;7&quot;&gt;The Week in Plain Numbers&lt;/h2&gt;
&lt;p id=&quot;9&quot;&gt;Here&amp;#8217;s the full timeline in summary:&lt;/p&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;June 12: SPCX prices at $135, opens at $150, closes at $161. Up 19% on day one. Biggest IPO in history.&lt;/li&gt;
&lt;li&gt;June 16: SpaceX announces it will buy Anysphere, the company behind AI coding tool Cursor, for $60 billion in stock. SPCX hits an all-time high of $225.64. Market cap briefly overtakes Amazon.&lt;/li&gt;
&lt;li&gt;June 17: Stock pulls back 5.6%, settling around $192.&lt;/li&gt;
&lt;li&gt;June 18 (today): News about how SpaceX bankers are preparing a bond sale of at least $20 billion. Stock drops another 9% to around $174. Still 29% above the IPO price, but well off the high.&lt;/li&gt;
&lt;/ul&gt;
&lt;p id=&quot;19&quot;&gt;In seven days, SPCX went from $135 to $225 and back to $174. That&amp;#8217;s a 67% run and a 22% drawdown, all before the company has filed a single earnings report as a public company.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot; id=&quot;22&quot;&gt;What the Cursor Deal Actually Tells You&lt;/h2&gt;
&lt;p id=&quot;24&quot;&gt;The acquisition is getting covered mostly as an AI story. That&amp;#8217;s partly right, but it misses the bigger signal.&lt;/p&gt;
&lt;p id=&quot;26&quot;&gt;SpaceX confirmed on June 16 that it would acquire Anysphere, the parent company of the AI coding tool Cursor, for $60 billion in stock, just four days after completing the largest IPO in history. Cursor had roughly $4 billion in annualized recurring revenue before the deal. The company had previously turned down acquisition approaches from both Microsoft and OpenAI.&lt;/p&gt;
&lt;p id=&quot;28&quot;&gt;But the timing is what matters here. SpaceX raised $75 billion in its IPO. Four days later, it committed $60 billion in stock to an acquisition. That&amp;#8217;s not a company pausing to absorb its debut. That&amp;#8217;s a company that used the IPO as a starting pistol.&lt;/p&gt;
&lt;p id=&quot;30&quot;&gt;Think of it this way. When a company goes public, the usual script is: raise money, stabilize the stock, show investors some early results, then deploy capital. SpaceX skipped steps two and three entirely. The message from management is clear: we know where we&amp;#8217;re going and we&amp;#8217;re not waiting around.&lt;/p&gt;
&lt;p id=&quot;32&quot;&gt;Morningstar cut its fair value estimate to $62 after the deal and listed SPCX as one of the most expensive stocks in its coverage. At current prices, SPCX trades at about 3.2 times that estimate, implying roughly ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53294290/spacex-had-the-best-ipo-in-history-now-comes-the-hard-part?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=SpaceX Had The Best IPO In History—Now Comes The Hard Part&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 21:46:17 +0000</pubDate>
 <dc:creator>Luis Flavio Nunes</dc:creator>
 <guid isPermaLink="false">53294290 at https://www.benzinga.com</guid>
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  <title>Holding SpaceX Since The IPO? Why I&#039;d Use The Strength To Sell</title>
  <link>https://www.benzinga.com/Opinion/26/06/53294246/holding-spacex-since-the-ipo-why-i-would-use-the-strength-to-sell?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;figure class=&quot;wp-block-image size-large&quot;&gt;&lt;img loading=&quot;lazy&quot; decoding=&quot;async&quot; width=&quot;1024&quot; height=&quot;575&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/22181412/shutterstock_2643524245-1024x575.jpg&quot; alt=&quot;Hawthorne (LA County), California – January 18, 2025: Exterior View of SpaceX Headquarters located at 1 Rocket Road&quot; class=&quot;wp-image-33183&quot; srcset=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/22181412/shutterstock_2643524245-1024x575.jpg 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/22181412/shutterstock_2643524245-300x169.jpg 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/22181412/shutterstock_2643524245-768x431.jpg 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/05/22181412/shutterstock_2643524245.jpg 1200w&quot; sizes=&quot;(max-width: 1024px) 100vw, 1024px&quot; /&gt;&lt;figcaption class=&quot;wp-element-caption&quot;&gt;Walter Cicchetti/Shutterstock.com&lt;/figcaption&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;The SpaceX IPO lockup structure is unlike anything investors have seen before and the debut of SpaceX &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SPCX&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot;&gt;SPCX&lt;/a&gt;)&lt;/a&gt; that we saw on June 12 made history for the whole market. The price for the share was $135 and it is officially the biggest IPO in history, &lt;a href=&quot;https://finance.yahoo.com/markets/stocks/articles/spacex-raises-record-75-billion-171021197.html&quot;&gt;raising&lt;/a&gt; around $75 billion and the valuation of the company was ~$1.8 trillion and right now&amp;nbsp;market cap has crossed &lt;a href=&quot;https://www.bloomberg.com/news/articles/2026-06-16/spacex-spcx-stock-set-for-more-than-50-jump-in-just-three-sessions&quot; rel=&quot;nofollow&quot;&gt;$2.9 trillion&lt;/a&gt; (June 16th).&lt;/p&gt;
&lt;p&gt;Shares closed Day One up 19% at $161.11 and the ATH was&amp;nbsp;$225.64. For investors thinking beyond the first weeks of a bullish mood, it is very important to separate 3 things:&lt;/p&gt;
&lt;ol class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;What happened on the first day&lt;/li&gt;
&lt;li&gt;What&amp;#8217;s going to happen in 6 months&lt;/li&gt;
&lt;li&gt;What this IPO tells us about the broader market coming in 2027&lt;/li&gt;
&lt;/ol&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-image aligncenter size-large is-resized&quot;&gt;&lt;img loading=&quot;lazy&quot; decoding=&quot;async&quot; width=&quot;1024&quot; height=&quot;643&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18161831/Screenshot-2026-06-18-at-18.18.08-1024x643.png&quot; alt=&quot;SpaceX IPO lockup schedule SPCX 2026&quot; class=&quot;wp-image-34733&quot; style=&quot;width:576px;height:auto&quot; srcset=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18161831/Screenshot-2026-06-18-at-18.18.08-1024x643.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18161831/Screenshot-2026-06-18-at-18.18.08-300x188.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18161831/Screenshot-2026-06-18-at-18.18.08-768x482.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18161831/Screenshot-2026-06-18-at-18.18.08.png 1200w&quot; sizes=&quot;(max-width: 1024px) 100vw, 1024px&quot; /&gt;&lt;figcaption class=&quot;wp-element-caption&quot;&gt;SpaceX stock price&lt;/figcaption&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;My point is that this is likely to go higher in the short term, as the index inclusion and oversubscription can fuel the whole company. But across the 2026 mega-IPO wave (especially in AI sector), looks like the market absorbing a huge amount of retail liquidity at the worst possible time for us.&lt;/p&gt;
&lt;p&gt;I&amp;#039;m bearish on the 12-18 month horizon, but have a specific window from late 2026 till early 2027 when I expect the setup to change into the correction phase.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;There is No Surprise with the Price Action&lt;/h2&gt;
&lt;p&gt;The SpaceX IPO lockup aside, the deal was oversubscribed with around 2x, with ~$150 billion in orders and $75 billion in available shares, against a float of approximately 4%. The &lt;a href=&quot;https://www.benzinga.com/markets/ipos/26/06/53180108/spacex-stock-closes-up-19-in-record-shattering-ipo-debut&quot;&gt;19% pump&lt;/a&gt; on a 4% float with a big oversubscription is the supply and demand that we have an the artificially made asset.&lt;/p&gt;
&lt;p&gt;With a small amount of shares available in the market compared to demand, almost any price change on the first day of trading has more to do with positioning than fundamentals.&lt;/p&gt;
&lt;p&gt;SpaceX was added to MSCI World and MSCI ACWI the day after listing. That&amp;#8217;s an unusually fast inclusion. If it qualifies for fast-track &lt;a href=&quot;https://qz.com/spacex-ipo-lock-up-structure-insider-shares-052126&quot;&gt;Nasdaq-100 inclusion&lt;/a&gt; under the new rules (allowing inclusion in 15 trading days instead of three months), passive funds may be forced to invest without looking into valuation.&lt;/p&gt;
&lt;p&gt;None of this tells you anything about whether SpaceX is worth $1.8 trillion, $2.5 trillion, or $800 billion. This information tells you that the float is tiny and the buyers could be mechanical.&lt;/p&gt;
&lt;p&gt;In my opinion, this is a setup for continued upward move in the short term and a setup for the correction when this mechanical bid will disappear or reverse.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;SpaceX IPO Lockup Calendar: What Most Investors Miss&lt;/h2&gt;
&lt;p&gt;SpaceX IPO structure gets really unusual in this case and I think that most investors have not done their homework on this exact point.&lt;/p&gt;
&lt;p&gt;Most IPOs use a flat 180-day lockup. SpaceX is different. Insiders can sell up to 20% of their holdings on the second full trading day after Q2 2026 earnings are published — not on the earnings date itself. SpaceX Is expected to report Q2 earnings on September 2. &lt;/p&gt;
&lt;p&gt;A separate 10% tranche unlocks if SPCX closes at least &lt;a href=&quot;https://qz.com/spacex-ipo-lock-up-structure-insider-shares-052126&quot;&gt;30% above its $135 IPO price&lt;/a&gt; — above $175.50 — for at least five of the ten trading sessions at that point. Trading above that level today does not trigger it. &lt;/p&gt;
&lt;p&gt;The standard 180-day lockup then expires around mid-December 2026. Elon and major shareholders stay locked until ~June 2027, with early release triggers tied directly to stock performance.&lt;/p&gt;
&lt;h3 class=&quot;wp-block-heading&quot;&gt;What History Says About SpaceX IPO Lockup Expirations&lt;/h3&gt;
&lt;p&gt;The history of this pattern does not make me ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53294246/holding-spacex-since-the-ipo-why-i-would-use-the-strength-to-sell?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Holding SpaceX Since The IPO? Why I&amp;#039;d Use The Strength To Sell&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 21:41:50 +0000</pubDate>
 <dc:creator>Timur Mekhantev</dc:creator>
 <guid isPermaLink="false">53294246 at https://www.benzinga.com</guid>
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  <title>SOXL ETF Rises Nearly 4% After Key Trading Signal</title>
  <link>https://www.benzinga.com/Opinion/26/06/53293090/soxl-etf-rises-nearly-4-percent-after-key-trading-signal?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;figure class=&quot;wp-block-image size-large&quot;&gt;&lt;img loading=&quot;lazy&quot; decoding=&quot;async&quot; width=&quot;1024&quot; height=&quot;783&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18183101/image-7-1024x783.png&quot; alt=&quot;&quot; class=&quot;wp-image-34744&quot; srcset=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18183101/image-7-1024x783.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18183101/image-7-300x229.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18183101/image-7-768x587.png 768w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18183101/image-7.png 1200w&quot; sizes=&quot;(max-width: 1024px) 100vw, 1024px&quot; /&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;Direxion Daily Semiconductor Bull 3X Shares (SOXL) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.&lt;/p&gt;
&lt;p&gt;On June 18 at 10:13 AM EST, SOXL triggered a Power Inflow signal at a price of $271.91. SOXL&amp;#039;s price experienced some pullback after an initial price rise during the opening hour of trading, declining slightly prior to the Power Inflow alert. At the time of the signal, and shortly after, both the institutional and retail trading interest in SOXL shifted towards the buy side, leading to an immediate and steady rise in the stock price, eventually reaching a post-signal high price of $282.12 as of 2:30PM EST. This Power Inflow signal is aimed to be a bullish indication of institutional and retail interest, spotlighting where traders may be entering the market for the stock.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Understanding the Power Inflow Signal&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The Power Inflow alert is a ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53293090/soxl-etf-rises-nearly-4-percent-after-key-trading-signal?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=SOXL ETF Rises Nearly 4% After Key Trading Signal&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 20:39:11 +0000</pubDate>
 <dc:creator>TradePulse</dc:creator>
 <guid isPermaLink="false">53293090 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/png" url="https://cdn.benzinga.com/files/images/story/2026/06/18/image.png?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
<item>
  <title>RWA.xyz&#039;s Bryan Choe: &quot;People Still Confuse Tokenization With Liquidity&quot;</title>
  <link>https://www.benzinga.com/Opinion/26/06/53286899/rwa-xyzs-bryan-choe-people-still-confuse-tokenization-with-liquidity?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;em&gt;Bryan Choe, Head of Research at RWA.xyz, says the tokenized real-world asset market is entering a new phase,&amp;nbsp; but warns that the industry still misunderstands what is required to turn tokenized products into functioning markets.&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;With roughly $30 billion worth of tokenized real-world assets on-chain and major financial institutions increasingly experimenting with tokenized products and blockchain-based distribution models, a growing number of market participants view tokenization as one of the most important trends shaping the future of finance.&lt;/p&gt;
&lt;p&gt;Yet the market&amp;#8217;s most important questions have changed and whether assets can be tokenized is no longer questioned. The debate rises up whether tokenization can create functioning markets around those assets. While issuing a token is pretty straightforward, what is far more complicated is building liquidity and infrastructure, along with distribution and user trust.&lt;/p&gt;
&lt;p&gt;To better understand where tokenization stands today—and where it may be heading next—I spoke with Bryan Choe, Head of Research at RWA.xyz, a data and analytics platform tracking tokenized real-world assets across public blockchains.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;On-Chain Capital Markets Are Still in Their Infrastructure Phase&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;/h2&gt;
&lt;p&gt;According to Choe, one of the biggest misconceptions about tokenization is that it was always a technology problem:&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&lt;em&gt;&amp;#8220;Every market needs infrastructure and participant buy-in to develop, and tokenization is no exception.&amp;#8221;&amp;nbsp;&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;Actually, tokenization remained largely a niche concept for years, although the technology already existed.&lt;/p&gt;
&lt;p&gt;It was institutions that first brought tokenized assets closer to the financial mainstream. Custodians, broker-dealers, fund administrators, auditors, oracles, and other service providers entered the ecosystem, making institutional investors increasingly comfortable holding and transacting in tokenized assets, according to Choe, and not because the technology improved overnight.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The second catalyst came from stablecoins, which Choe sees as the capital base that made today&amp;#8217;s tokenized asset market possible. The rapid growth and broader acceptance of stablecoins since 2022 helped create the conditions for tokenized assets to scale.&lt;/p&gt;
&lt;p&gt;&lt;em&gt;&amp;#8220;We view total stablecoin market capitalization as a useful proxy for on-chain ‘dry powder&amp;#039; that can rotate into tokenized assets.&amp;#8221;&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;At the same time, the macro environment changed. Higher interest rates and declining DeFi yields after the 2022 bear market pushed crypto-native capital toward &lt;a href=&quot;https://www.benzinga.com/Opinion/25/12/49156858/why-tokenized-treasury-markets-are-becoming-a-new-safe-haven-for-investors&quot;&gt;tokenized Treasury products&lt;/a&gt;, he notes.&lt;/p&gt;
&lt;p&gt;On the institutional side, asset managers began looking at tokenization through a different lens — not only as a cost-saving tool, but also as a revenue opportunity.&lt;/p&gt;
&lt;p&gt;&lt;em&gt;&quot;BlackRock&amp;#039;s 2024 &lt;/em&gt;&lt;a href=&quot;https://www.benzinga.com/markets/cryptocurrency/25/03/44473477/blackrock-brings-tokenized-money-market-fund-buidl-to-solana&quot;&gt;&lt;em&gt;launch of BUIDL&lt;/em&gt;&lt;/a&gt;&lt;em&gt; helped establish a playbook and encouraged other financial institutions to tokenize existing products or launch new ones,&quot;&lt;/em&gt; he argues.&lt;/p&gt;
&lt;p&gt;That difference between institutional and crypto-native demand helps explain why the first scalable use cases did not follow the consumer-focused narrative.&lt;/p&gt;
&lt;p&gt;&lt;em&gt;&quot;We are still in the early stages of building a new on-chain capital market, and liquidity infrastructure use cases are the first major phase of this evolution.&quot;&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;As Choe puts it:&lt;/p&gt;
&lt;p&gt;&lt;em&gt;&quot;For the reasons above, crypto-native capital initially moved into tokenized Treasury products for treasury management and yield. From there, onchain allocators have become more comfortable venturing out the risk curve as they have become more comfortable with additional structural risks that tokenized assets carry. Some investors are now seeking longer-duration or higher-risk opportunities that can generate incremental yield. We expect this progression to continue as onchain capital markets mature.&quot;&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;According to him, it is also worth distinguishing these products from non-yielding assets such as tokenized stocks and commodities, which are seeing stronger consumer-facing adoption in certain markets.&lt;/p&gt;
&lt;p&gt;&quot;These products provide easier access to dollar-denominated assets for offshore and non-U.S. users, particularly those already using stablecoins,&quot; he explains.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;The Rise of Exposure Without Ownership&lt;/h2&gt;
&lt;p&gt;While tokenized Treasury products have attracted capital looking for yield and operational efficiency, another corner of the market has been growing for almost the opposite reason: exposure.&lt;/p&gt;
&lt;p&gt;Recent months have seen rapid growth in synthetic RWA products and equity-linked perpetuals, highlighting demand that extends well beyond traditional notions of ownership.&lt;/p&gt;
&lt;p&gt;&quot;This shows that the market is split into two broad segments: participants who want exposure to an asset&amp;#8217;s price performance, and participants who want ownership of the underlying asset,&quot; Choe says.&lt;/p&gt;
&lt;p&gt;According to Choe, demand currently appears strongest from the first group. Many of the characteristics that made crypto markets attractive in the first place — leverage, 24/7 trading, and frictionless directional exposure — naturally translate to synthetic RWA products.&lt;/p&gt;
&lt;p&gt;Actual tokenized securities are much harder.&lt;/p&gt;
&lt;p&gt;&lt;em&gt;&quot;They are directly connected to the underlying securities and therefore need to account for corporate actions, transfer-agent integration, custody, disclosures, redemption mechanics, voting rights, tax treatment, and legal enforceability. ...&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53286899/rwa-xyzs-bryan-choe-people-still-confuse-tokenization-with-liquidity?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=RWA.xyz&amp;#039;s Bryan Choe: &amp;quot;People Still Confuse Tokenization With Liquidity&amp;quot;&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 17:59:18 +0000</pubDate>
 <dc:creator>Mike Ermolaev</dc:creator>
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<item>
  <title>Miduoduo Files For Hong Kong Listing; TikTok Tie-up, Southeast Asia Focus May Boost IPO prospects</title>
  <link>https://www.benzinga.com/Opinion/26/06/53286331/miduoduo-files-for-hong-kong-listing-tiktok-tie-up-southeast-asia-focus-may-boost-ipo-prospects?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;em&gt;China&amp;#039;s fifth-largest marketing services provider for cross-border e-commerce customers is shifting to social media platforms and its own direct sales for growth&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-image size-large&quot;&gt;&lt;img decoding=&quot;async&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18062405/%E5%B1%8F%E5%B9%95%E6%88%AA%E5%9B%BE_18-6-2026_142151_thebambooworks.com_-1024x673.jpeg&quot; alt=&quot;&quot; class=&quot;wp-image-34707&quot; /&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;&lt;em&gt;image credit: Bamboo Works&lt;/em&gt;&lt;/p&gt;
&lt;h4 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Key Takeaways:&lt;/strong&gt;&lt;/h4&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;Miduoduo has chalked up three years of losses ahead of its application for a Hong Kong IPO, but attributes that to costs associated with its recent business shifts&lt;/li&gt;
&lt;li&gt;The provider of cross-border e-commerce marketing services says its strong revenue growth last year reflects a tie-up with TikTok and focus on Southeast Asia&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;It&amp;#039;s a familiar story when startups head for the capital markets with a track record of losses. Cross-border e-commerce company &lt;strong&gt;Miduoduo Group Inc.&lt;/strong&gt; was one of the latest cases in point when it &lt;a href=&quot;https://www1.hkexnews.hk/app/sehk/2026/108636/documents/sehk26061201939.pdf&quot; rel=&quot;nofollow&quot;&gt;&lt;strong&gt;applied for&lt;/strong&gt;&lt;/a&gt; a Hong Kong listing last week.&lt;/p&gt;
&lt;p&gt;The company reported losses of $16.4 million in 2023, $163,000 in 2024 and $24.5 million last year, on revenue of $70.9 million, $71.1 million and $138.1 million, respectively. Prior to rule changes introduced in 2018, the Hong Kong Stock Exchange probably would have simply dismissed Miduoduo&amp;#039;s application due to its earlier requirements for two years of profitability before an IPO.&lt;/p&gt;
&lt;p&gt;Adjusted for certain non-cash items, the company&amp;#039;s bottom line looks better – with a net profit of $59,000 in 2023, followed by a loss of $87,000 in 2024 and a $2.3 million profit last year.&lt;/p&gt;
&lt;p&gt;Despite that bumpy profit record, more is going on with Miduoduo that merits a closer look beyond its bottom line. For one, the company&amp;#039;s latest backers include sovereign wealth fund Central Huijin Investment, whose fresh funding last year valued Miduoduo at HK$5 billion ($638 million).&lt;/p&gt;
&lt;p&gt;The company is trying to position itself more like a hot high-tech startup rather than a 14-year-old player in the mature ad services industry, counting on its most recent embrace of the exploding market for outbound e-commerce selling goods from Chinese merchants to buyers in other countries.&lt;/p&gt;
&lt;p&gt;It wants investors to see it not only as a marketing services provider, but also as an operator of its own direct cross-border e-commerce platform with a focus on Southeast Asia. It says it will use IPO proceeds to bankroll localization and e-commerce warehouses in four key Southeast Asian markets – Thailand, Indonesia, Vietnam and Malaysia. Its recent partnership with the popular TikTok short video site, which operates the TikTok Shop e-commerce platform, is also an important part of its ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53286331/miduoduo-files-for-hong-kong-listing-tiktok-tie-up-southeast-asia-focus-may-boost-ipo-prospects?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Miduoduo Files For Hong Kong Listing; TikTok Tie-up, Southeast Asia Focus May Boost IPO prospects&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 17:42:25 +0000</pubDate>
 <dc:creator>Bamboo Works</dc:creator>
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<item>
  <title>From Scarcity To Execution: China&#039;s AI Valuation Reset</title>
  <link>https://www.benzinga.com/Opinion/26/06/53283928/from-scarcity-to-execution-chinas-ai-valuation-reset?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;em&gt;Zhipu and MiniMax have lost more than 40% of their market value in just two weeks, as investors reassess the true worth of China&amp;#039;s large language model developers&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-image size-large&quot;&gt;&lt;img decoding=&quot;async&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18061954/%E5%B1%8F%E5%B9%95%E6%88%AA%E5%9B%BE_18-6-2026_135029_thebambooworks.com_-1024x648.jpeg&quot; alt=&quot;&quot; class=&quot;wp-image-34704&quot; /&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;&lt;em&gt;image credit: Bamboo Works&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;Investor enthusiasm for AI stocks was in overdrive earlier this year, when&amp;nbsp;&lt;strong&gt;Knowledge Atlas Technology Joint Stock Co. Ltd.&lt;/strong&gt;&amp;nbsp;(2513.HK), better known as Zhipu, and&amp;nbsp;&lt;strong&gt;MiniMax Group Holdings Ltd.&lt;/strong&gt;&amp;nbsp;(0100.HK) made their Hong Kong stock market debuts amid sentiment reminiscent of the most exuberant days of China&amp;#039;s internet and electric vehicle booms.&lt;/p&gt;
&lt;p&gt;As some of the first large language model (LLM) developers to reach public markets, both companies quickly became investor darlings. On May 29, Zhipu&amp;#039;s shares surged to an intraday high of HK$1,993, more than 17 times their IPO price, giving the company a market value of more than HK$880 billion ($112 billion). MiniMax closed the same day at HK$840, more than four times its listing price, with a market value exceeding HK$260 billion.&lt;/p&gt;
&lt;p&gt;Based on Zhipu&amp;#039;s 2025 revenue of 724 million yuan ($107 million), the company was briefly valued at more than 1,000 times sales at its peak. Its market capitalization even surpassed that of some profitable technology companies, underscoring how investor optimism toward China&amp;#039;s AI champions had stretched far beyond what conventional financial metrics could justify.&lt;/p&gt;
&lt;p&gt;But sentiment reversed sharply just two weeks later. By June 12, Zhipu&amp;#039;s shares had fallen to HK$1,097, down 44.9% from their peak, while MiniMax had dropped to HK$396, a decline of 52.9%. Together, the two companies lost more than HK$400 billion in market value.&lt;/p&gt;
&lt;p&gt;At first glance, the selloff appears to be the result of upcoming lockup expirations. According to Hong Kong Stock Exchange filings, stock held by Zhipu&amp;#039;s first batch of cornerstone investors will become eligible for sale on July 8, involving 25.68 million shares, equivalent to about 11.9% of its H-share capital. Given that only about 11.74 million shares are currently freely tradable, the company&amp;#039;s free float will triple overnight. MiniMax faces a similar situation on July 9, when shares held by cornerstone investors, anchor investors and certain existing shareholders will be unlocked, significantly increasing the supply of stock available for public trading.&lt;/p&gt;
&lt;p&gt;Yet attributing the ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53283928/from-scarcity-to-execution-chinas-ai-valuation-reset?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=From Scarcity To Execution: China&amp;#039;s AI Valuation Reset&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 16:36:33 +0000</pubDate>
 <dc:creator>Bamboo Works</dc:creator>
 <guid isPermaLink="false">53283928 at https://www.benzinga.com</guid>
<media:thumbnail medium="image" type="image/jpeg" url="https://cdn.benzinga.com/files/images/story/2026/06/18/-18-6-2026-135029-thebambooworks-com.jpeg?optimize=medium&amp;dpr=1&amp;auto=jpg&amp;height=480&amp;width=720&amp;fit=crop"  /></item>
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  <title>Visual China Files For Hong Kong IPO As It Reframes For An AI Era</title>
  <link>https://www.benzinga.com/Opinion/26/06/53283045/visual-china-files-for-hong-kong-ipo-as-it-reframes-for-an-ai-era?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;em&gt;China&amp;#039;s biggest platform for licensed images has filed for a Hong Kong listing as it tries to reposition itself as a provider of AI-enabled design services&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-image size-large&quot;&gt;&lt;img decoding=&quot;async&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/18062615/%E5%B1%8F%E5%B9%95%E6%88%AA%E5%9B%BE_18-6-2026_135745_thebambooworks.com_-1024x674.jpeg&quot; alt=&quot;&quot; class=&quot;wp-image-34710&quot; /&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;&lt;em&gt;image credit: Bamboo Works&lt;/em&gt;&lt;/p&gt;
&lt;h4 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Key Takeaways:&lt;/strong&gt;&lt;/h4&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;The company&amp;#039;s core revenue from content licensing fell 14% last year, slipping below 70% of overall turnover&lt;/li&gt;
&lt;li&gt;Visual China hit the headlines in 2019 when it tried to charge for a landmark scientific image that had been issued as free for general use&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;Generative AI is disrupting creative industries across the board, and the business of sourcing visual content is no exception.&lt;/p&gt;
&lt;p&gt;Whether for news coverage, corporate marketing or advertising campaigns, businesses have traditionally obtained images through platforms such as &lt;strong&gt;Getty Images&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;GETY&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/GETY&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/GETY&quot;&gt;GETY&lt;/a&gt;)&lt;/a&gt; and &lt;strong&gt;Shutterstock&lt;/strong&gt; &lt;a href=&quot;https://www.benzinga.com/quote/SSTK&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;SSTK&quot; data-exchange=&quot;NYSE&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SSTK&quot;&gt;SSTK&lt;/a&gt;)&lt;/a&gt;. But the rapid adoption of AI-powered tools has meant that many users are opting to create their own images, without the help of a go-between.&lt;/p&gt;
&lt;p&gt;Still, the stalwarts of the licensed image industry believe their extensive content libraries remain a store of value, as they reposition themselves as integrated platforms offering content assets and AI capabilities. This strategy lies at the heart of an&lt;strong&gt; &lt;a href=&quot;https://www1.hkexnews.hk/app/sehk/2026/108639/documents/sehk26061400174.pdf&quot; rel=&quot;nofollow&quot;&gt;IPO&lt;/a&gt; &lt;/strong&gt;pitch by China&amp;#039;s biggest provider of stock images, &lt;strong&gt;Visual China Group Co. Ltd.&lt;/strong&gt; (000681.SZ), which wants to raise money to invest in its AI services.&lt;/p&gt;
&lt;p&gt;The founder of Visual China, Chai Jijun, started out as a photojournalist at China Youth Daily before getting into the business of content licensing.&lt;/p&gt;
&lt;p&gt;In 2016, the company acquired the image licensing division of Corbis, the photo agency founded by Bill Gates, gaining access to an international portfolio of copyrighted content. It later added the photographer community 500px and obtained a controlling stake in Chengdu Guangchang Creative Technology, building a content ecosystem spanning images, videos, audio and 3D models.&lt;/p&gt;
&lt;p&gt;By ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53283045/visual-china-files-for-hong-kong-ipo-as-it-reframes-for-an-ai-era?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Visual China Files For Hong Kong IPO As It Reframes For An AI Era&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 16:08:30 +0000</pubDate>
 <dc:creator>Bamboo Works</dc:creator>
 <guid isPermaLink="false">53283045 at https://www.benzinga.com</guid>
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  <title>Hyperliquid, Aster, And The Hard Truth About Decentralized Exchanges In The US</title>
  <link>https://www.benzinga.com/Opinion/26/06/53280103/hyperliquid-aster-and-the-hard-truth-about-decentralized-exchanges-in-the-us?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;While most are looking at the recent &lt;a href=&quot;https://cryptorank.io/news/feed/994c4-okx-founder-accuses-binance-copycat-dex-aster&quot; rel=&quot;nofollow&quot;&gt;public feud&lt;/a&gt; between Changpeng Zhao and Star Xu as some like of popcorn moment, I looked at it as a misunderstanding about decentralized finance regulations. Changpeng Zhao recently praised the decentralized exchange Hyperliquid for its technological brilliance. He acknowledged its unique market position and admitted Binance cannot easily replicate it. However, he also made a crucial point about compliance. He stated clearly that operating a decentralized exchange without Know Your Customer (KYC) checks in the United States violates federal law. Star Xu immediately fired back, accusing Zhao of hypocrisy and pointing out that Binance secretly backed a similar project called Aster. While this drama makes for great entertainment, it distracts from a fundamental legal reality. This debate goes far beyond mere corporate rivalry and strikes at the very heart of how global finance operates. Changpeng Zhao correctly interprets the law. &lt;em&gt;&lt;strong&gt;A decentralized exchange simply cannot offer derivatives or leveraged trading to American residents without strict identity verification.&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;
&lt;p&gt;&lt;br /&gt;Let us break down exactly why this legal wall exists. The United States Commodity Futures Trading Commission and the Securities and Exchange Commission maintain absolute jurisdiction over any platform offering financial services to Americans. When a platform offers perpetual swaps or leveraged trading, the law requires that entity to register as a designated contract market or a swap execution facility. The government simply will not grant these registrations to any entity lacking a robust identity verification framework. Regulators need these checks to block illicit funds and enforce tax laws. Some developers mistakenly believe that writing open-source code and deploying it to a blockchain grants them magical legal immunity. The government completely rejects this ownerless software myth. If American citizens can access a platform and trade derivatives without identity checks, regulators view the developers, the foundation, or the website hosts as legally liable.&lt;/p&gt;
&lt;p&gt;We do not have to guess how regulators will react because they have already established clear precedents. The Commodity Futures Trading Commission and the Securities and Exchange Commission targeted the creators, foundations, and front-end websites of protocols like Uniswap Labs, Opyn, and ZeroEx. They established a firm rule that hosting a website interface allowing Americans to trade unregistered derivatives constitutes operating an unregistered exchange. The most ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53280103/hyperliquid-aster-and-the-hard-truth-about-decentralized-exchanges-in-the-us?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Hyperliquid, Aster, And The Hard Truth About Decentralized Exchanges In The US&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 15:03:36 +0000</pubDate>
 <dc:creator>Anndy Lian</dc:creator>
 <guid isPermaLink="false">53280103 at https://www.benzinga.com</guid>
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<item>
  <title>Intel&#039;s Next Move Could Be Bigger Than Today&#039;s Pop</title>
  <link>https://www.benzinga.com/Opinion/26/06/53278084/intels-next-move-could-be-bigger-than-todays-pop?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p id=&quot;2&quot;&gt;&lt;em&gt;Intel Is Turning into the U.S. Chip Bet that Wall Street Can Finally Explain&lt;/em&gt;&lt;/p&gt;
&lt;p id=&quot;4&quot;&gt;Intel &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;INTC&quot; data-exchange=&quot;NASDAQ&quot; href=&quot;https://www.benzinga.com/quote/INTC&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/INTC&quot;&gt;INTC&lt;/a&gt;)&lt;/a&gt; has been a hard stock to own for years because the story kept changing faster than the numbers did. One quarter it was a turnaround. Then it was a manufacturing reset. Then it was a government-backed comeback. Now, after President Donald Trump said Apple &lt;a href=&quot;https://www.benzinga.com/quote/AAPL&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;AAPL&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/AAPL&quot;&gt;AAPL&lt;/a&gt;)&lt;/a&gt; will work with Intel on U.S. chip design and manufacturing, the market is starting to treat Intel as something else entirely: the clearest public bet on whether advanced chip production can be rebuilt on American soil.&lt;/p&gt;
&lt;p id=&quot;6&quot;&gt;That is why the stock jumped in premarket trading. The headline is simple, but the bigger story is not just a single deal. Intel is starting to look less like a legacy chipmaker trying to catch up, and more like the factory everyone else may need if the U.S. really wants a domestic chip base.&lt;/p&gt;
&lt;p id=&quot;8&quot;&gt;The move also landed on top of an already big rerating. Intel has surged sharply over the past year, and this latest pop shows the market is willing to pay for any sign that the foundry story is becoming real.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot; id=&quot;10&quot;&gt;Why Apple changes the conversation&lt;/h2&gt;
&lt;p id=&quot;12&quot;&gt;Apple is not just another name on a customer list. In the foundry world, an Apple order is a stamp of approval. It tells the market that a company with some of the most demanding chip needs on the planet believes Intel&amp;#039;s process is good enough to trust. That is a much bigger signal than a generic enterprise customer signing a contract.&lt;/p&gt;
&lt;p id=&quot;14&quot;&gt;A simple analogy helps here. If Intel were a restaurant, Apple would not just be a new diner walking in for lunch. Apple would be the chef, food critic, and high-end chain owner saying the kitchen is good enough to serve the best menu in town. Once that happens, every other customer starts looking again.&lt;/p&gt;
&lt;p id=&quot;16&quot;&gt;That is why this headline is bigger than the stock move itself. Apple has long leaned on TSMC for advanced chips, and any shift toward Intel suggests a hedge against supply chain concentration in Taiwan. Apple is not walking away from TSMC, but it is making the bet more balanced.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot; id=&quot;18&quot;&gt;The Taiwan risk trade&lt;/h2&gt;
&lt;p id=&quot;20&quot;&gt;The deeper reason behind all of this is geography. Taiwan remains the center of the world&amp;#039;s most advanced chip manufacturing, and analysts still describe the island&amp;#039;s role as a kind of silicon shield. That shield is powerful, but it is also a concentration risk. If one region makes too much of the world&amp;#039;s best silicon, the rest of the market has to think about what happens if politics, weather, or conflict interrupt the flow.&lt;/p&gt;
&lt;p id=&quot;22&quot;&gt;That is where Apple&amp;#039;s possible Intel relationship becomes more than a business ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53278084/intels-next-move-could-be-bigger-than-todays-pop?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Intel&amp;#039;s Next Move Could Be Bigger Than Today&amp;#039;s Pop&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Thu, 18 Jun 2026 14:26:55 +0000</pubDate>
 <dc:creator>Luis Flavio Nunes</dc:creator>
 <guid isPermaLink="false">53278084 at https://www.benzinga.com</guid>
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<item>
  <title>Nebius Shares Rise Over 5% After Key Trading Signal</title>
  <link>https://www.benzinga.com/Opinion/26/06/53265321/nebius-shares-rise-over-5-percent-after-key-trading-signal?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;figure class=&quot;wp-block-image size-full&quot;&gt;&lt;img loading=&quot;lazy&quot; decoding=&quot;async&quot; width=&quot;936&quot; height=&quot;704&quot; src=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/17204631/image-2-9.png&quot; alt=&quot;&quot; class=&quot;wp-image-34684&quot; srcset=&quot;https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/17204631/image-2-9.png 936w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/17204631/image-2-9-300x226.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2026/06/17204631/image-2-9-768x578.png 768w&quot; sizes=&quot;(max-width: 936px) 100vw, 936px&quot; /&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Nebius Group &lt;a href=&quot;https://www.benzinga.com/quote/NBIS&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;NBIS&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/NBIS&quot;&gt;NBIS&lt;/a&gt;)&lt;/a&gt;&lt;/strong&gt; experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.&lt;/p&gt;
&lt;p&gt;On June 17 at 11:00 AM EST, NBIS triggered a Power Inflow signal at a price of $282.68. NBIS&amp;#039;s price experienced some pullback after an initial price rise during the opening hour of trading, declining slightly prior to the Power Inflow alert. At the time of the signal, and shortly after, both the institutional and retail trading interest in NBIS shifted towards the buy side, leading to a steady rise in the stock price, eventually reaching a post-signal high price of $297.93. This Power Inflow signal is aimed to be a bullish indication of institutional and retail interest, spotlighting where traders may be entering the market for the stock.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Understanding the Power Inflow Signal&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The &lt;strong&gt;Power Inflow&lt;/strong&gt; alert is a ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53265321/nebius-shares-rise-over-5-percent-after-key-trading-signal?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Nebius Shares Rise Over 5% After Key Trading Signal&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 21:00:56 +0000</pubDate>
 <dc:creator>TradePulse</dc:creator>
 <guid isPermaLink="false">53265321 at https://www.benzinga.com</guid>
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<item>
  <title>Maybe It&#039;s Time To Rethink How The S&amp;P 500 Is constructed</title>
  <link>https://www.benzinga.com/Opinion/26/06/53265238/maybe-its-time-to-rethink-how-the-s-and-p-500-is-constructed?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;Some people were surprised to hear that &lt;a href=&quot;https://www.tker.co/p/thoughts-on-spacex-anthropic-openai-ipos-index-inclusion&quot; rel=&quot;nofollow&quot;&gt;I&amp;#039;m open to updating&lt;/a&gt; S&amp;amp;P Dow Jones Indices&amp;#039; requirements for which companies are included in the S&amp;amp;P 500.&lt;/p&gt;
&lt;p&gt;I think their &lt;a href=&quot;https://www.spglobal.com/spdji/en/methodology/article/sp-us-indices-methodology/&quot; rel=&quot;nofollow&quot;&gt;methodology&lt;/a&gt; is very good. But I wouldn&amp;#039;t say it&amp;#039;s perfect. Most would agree that it has its weaknesses. And admittedly, I couldn&amp;#039;t tell you what perfect would look like.&lt;/p&gt;
&lt;p&gt;I do know that rules are rarely perfect the first time they&amp;#039;re written. The U.S. Constitution has been &lt;a href=&quot;https://constitution.congress.gov/browse/&quot; rel=&quot;nofollow&quot;&gt;amended 27 times&lt;/a&gt;. The NBA &lt;a href=&quot;https://officialsdepot.com/blogs/news/new-nba-rule-changes-for-the-2025-2026-season-what-basketball-officials-need-to-know&quot; rel=&quot;nofollow&quot;&gt;regularly updates&lt;/a&gt; the rules of the game. Even casual fans of soccer have noticed that FIFA has &lt;a href=&quot;https://www.foxsports.com/stories/soccer/world-cup-rules-var-water-break-penalty-tiebreaker&quot; rel=&quot;nofollow&quot;&gt;introduced new rules&lt;/a&gt; for World Cup play. And of course, S&amp;amp;P Dow Jones &lt;a href=&quot;https://press.spglobal.com/2017-03-10-S-P-Dow-Jones-Indices-Announces-Changes-to-U-S-Indices-and-Updates-to-U-S-Indices-Methodology-and-Market-Cap-Guidelines&quot; rel=&quot;nofollow&quot;&gt;makes changes&lt;/a&gt; to inclusion requirements for &lt;a href=&quot;https://www.spglobal.com/en/search?q=methodology+update#q=%22methodology%20update%22&amp;amp;rows=20&amp;amp;pagenum=1&amp;amp;facets={%22es_division_s%22:[%22S%26P%20Dow%20Jones%20Indices%22]}&quot; rel=&quot;nofollow&quot;&gt;its many indexes&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;Ultimately, I think that if we discover and agree on ways an index can better deliver on its aims, we should make changes.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;Changes in methodology don&amp;#039;t have to mean big changes to performance &amp;#x2696;&amp;#xFE0F;&lt;/h2&gt;
&lt;p&gt;As I mentioned in &lt;a href=&quot;https://www.tker.co/p/thoughts-on-spacex-anthropic-openai-ipos-index-inclusion&quot; rel=&quot;nofollow&quot;&gt;Wednesday&amp;#039;s newsletter&lt;/a&gt;, I&amp;#039;m not crazy about S&amp;amp;P Dow Jones&amp;#039; requirement for positive &lt;a href=&quot;https://www.tker.co/p/q1-2026-gaap-earnings-boosted-by-investment-gains&quot; rel=&quot;nofollow&quot;&gt;GAAP net income&lt;/a&gt; for &quot;&lt;a href=&quot;https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-us-indices.pdf&quot; rel=&quot;nofollow&quot;&gt;the most recent quarter, and the sum of the most recent four consecutive quarters.&lt;/a&gt;&quot; It&amp;#039;s a backward-looking metric, and I&amp;#039;m in the camp that believes stocks trade largely on expectations for future profits.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;https://www.tker.co/p/thoughts-on-spacex-anthropic-openai-ipos-index-inclusion&quot; rel=&quot;nofollow&quot;&gt;SpaceX&lt;/a&gt; &lt;a href=&quot;https://www.benzinga.com/quote/SPCX&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;SPCX&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SPCX&quot;&gt;SPCX&lt;/a&gt;)&lt;/a&gt; is an example of a massive, unprofitable company that&amp;#039;s largely trading on expectations ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53265238/maybe-its-time-to-rethink-how-the-s-and-p-500-is-constructed?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Maybe It&amp;#039;s Time To Rethink How The S&amp;amp;P 500 Is constructed&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 20:55:15 +0000</pubDate>
 <dc:creator>Sam Ro</dc:creator>
 <guid isPermaLink="false">53265238 at https://www.benzinga.com</guid>
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  <title>Why Wall Street Is Turning Bullish On Rackspace Stock After Its AI Pivot</title>
  <link>https://www.benzinga.com/Opinion/26/06/53264322/why-wall-street-is-turning-bullish-on-rackspace-stock-after-its-ai-pivot?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;Rackspace Technology Inc. &lt;a href=&quot;https://www.benzinga.com/quote/RXT&quot; target=&quot;_blank&quot; class=&quot;ticker-link&quot; data-ticker=&quot;RXT&quot; data-exchange=&quot;NASDAQ&quot; rel=&quot;noopener&quot;&gt;(NASDAQ:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/RXT&quot;&gt;RXT&lt;/a&gt;)&lt;/a&gt; is getting back into the good graces of investors.&lt;/p&gt;
&lt;p&gt;The cloud computing company saw its share price soar in recent weeks after announcing its commitment to expanding its involvement in artificial intelligence (AI). In particular, on June 16, Rackspace saw its shares skyrocket when it announced its partnership with semiconductor manufacturer AMD and its plans for cost-cutting measures and investing in AI infrastructure.&lt;/p&gt;
&lt;p&gt;The move marks a significant shift for a company that has spent years struggling with slowing growth.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;AMD Deal Gives Rackspace a Big AI Opportunity&lt;/strong&gt;&lt;/h2&gt;
&lt;p&gt;The biggest reason behind the recent excitement is &lt;a href=&quot;https://www.rackspace.com/newsroom/amd-and-rackspace-technology-sign-definitive-agreement-phased-deployment&quot; rel=&quot;nofollow&quot;&gt;Rackspace&amp;#8217;s new agreement&lt;/a&gt; with AMD. The company will deploy up to 30 megawatts of AMD-powered computing capacity across its global data centers. The rollout is expected to begin later this year and continue through 2028.&lt;/p&gt;
&lt;p&gt;The deal includes AMD&amp;#8217;s latest AI chips and EPYC processors, which will help Rackspace provide powerful computing services for businesses building and running AI applications.&lt;/p&gt;
&lt;p&gt;Demand for AI infrastructure has exploded over the past year. Companies across industries are looking for more computing power to support AI tools, automation, and large-scale data processing.&lt;/p&gt;
&lt;p&gt;Rackspace says the new infrastructure will be used by enterprise customers, especially in industries like healthcare where secure and reliable AI systems are becoming increasingly important.&lt;/p&gt;
&lt;p&gt;CEO Gajen Kandiah described the strategy as providing governed AI environments where businesses have a single operator accountable for outcomes rather than multiple vendors handling different parts of the process.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Rackspace Is Cutting Costs to Invest in AI&lt;/strong&gt;&lt;/h2&gt;
&lt;p&gt;Alongside the AMD announcement, Rackspace also &lt;a href=&quot;https://www.benzinga.com/trading-ideas/movers/26/06/53226214/why-is-rackspace-stock-surging-today&quot;&gt;revealed&lt;/a&gt; plans to cut about 15% of its global workforce.&lt;/p&gt;
&lt;p&gt;The company said the move is part of a broader effort to shift resources away from older business areas and focus more on AI-related services.&lt;/p&gt;
&lt;p&gt;Most of the job cuts will ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53264322/why-wall-street-is-turning-bullish-on-rackspace-stock-after-its-ai-pivot?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Why Wall Street Is Turning Bullish On Rackspace Stock After Its AI Pivot&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 20:28:49 +0000</pubDate>
 <dc:creator>Michael Adeleke</dc:creator>
 <guid isPermaLink="false">53264322 at https://www.benzinga.com</guid>
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<item>
  <title>UK Inflation Holds At 2.8% As Iran War Disrupts Energy Markets Ahead of BoE Decision</title>
  <link>https://www.benzinga.com/Opinion/26/06/53263695/uk-inflation-holds-as-iran-war-disrupts-energy-markets-ahead-of-boe-decision?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;United Kingdom inflation remained unchanged ahead of the country&amp;#039;s central bank interest-&lt;a href=&quot;https://www.reuters.com/world/uk/bank-england-keep-rates-hold-after-ecb-hike-2026-06-15/&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener nofollow&quot;&gt;rate&lt;/a&gt; decision and after the economy contracted following nearly four months of global energy supply disruptions caused by the war in the Middle East.&lt;/p&gt;
&lt;p&gt;Inflation remained at 2.8% in May, unchanged from April, the Office for National Statistics (ONS) &lt;a href=&quot;https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/may2026&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener nofollow&quot;&gt;said&lt;/a&gt; on Wednesday. Air fares rose by 10.3% between April and May, reversing a 5.0% decline during the same 2025 period, the ONS data showed.&lt;/p&gt;
&lt;p&gt;&quot;Inflation held steady in May as various price movements offset each other,&quot; ONS Chief Economist Grant Fitzner said. &quot;The main upward movement came from transport with airfares, vehicle taxes, and petrol prices all pushing up inflation. These were offset by lower food prices.&quot;&lt;/p&gt;
&lt;p&gt;&lt;figure class=&quot;wp-block-image&quot;&gt;&lt;a href=&quot;https://substackcdn.com/image/fetch/$s_!P-SQ!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6389f90d-f0ed-4ee5-ab52-ac4a793409c7_726x478.png&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener&quot;&gt;&lt;img decoding=&quot;async&quot; src=&quot;https://substackcdn.com/image/fetch/$s_!P-SQ!,w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6389f90d-f0ed-4ee5-ab52-ac4a793409c7_726x478.png&quot; alt=&quot;&quot; /&gt;&lt;/a&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;p&gt;The Bank of England (BoE) in April predicted an ​increase to 3.3%. The US-Israeli war on Iran kept UK inflation almost a percentage point higher than the ⁠central bank had forecast.&lt;/p&gt;
&lt;p&gt;The conflict has effectively re-tightened global energy markets at a moment when policymakers expected relief.&lt;/p&gt;
&lt;p&gt;&quot;The war in Iran is disrupting energy markets, supply chains, and pushing up costs for businesses across the country,&quot; Chancellor of the Exchequer Rachel Reeves &lt;a href=&quot;https://www.linkedin.com/posts/rt-hon-rachel-reeves-535713240_the-war-in-iran-is-disrupting-energy-markets-share-7462157635392405504-RYg2/&quot; target=&quot;_blank&quot; rel=&quot;noreferrer noopener nofollow&quot;&gt;said&lt;/a&gt;.&lt;/p&gt;
&lt;h2 class=&quot;wp-block-heading&quot;&gt;US-Iran Deal May Ease Price Strain&lt;/h2&gt;
&lt;p&gt;The British economy has suffered since the war started in late February. The US-Iranian &lt;a href=&quot;https://www.cnbc.com/2026/06/14/us-iran-war-peace-deal.html&quot; rel=&quot;nofollow&quot;&gt;deal&lt;/a&gt; to end the war may not change that immediately.&lt;/p&gt;
&lt;p&gt;Gross domestic product contracted by 0.1% in April, the first monthly fall since August, the ONS said on Friday. Industrial production stalled in April after contracting by 0.2% year-on-year in March.&lt;/p&gt;
&lt;p&gt;UK crude oil input prices rose by 71.8% in the year to May, compared with 76.8% in April. Motor fuel prices jumped 24.6%, the fastest pace since September ...&lt;/p&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53263695/uk-inflation-holds-as-iran-war-disrupts-energy-markets-ahead-of-boe-decision?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=UK Inflation Holds At 2.8% As Iran War Disrupts Energy Markets Ahead of BoE Decision&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 20:08:51 +0000</pubDate>
 <dc:creator>European Capital Insights</dc:creator>
 <guid isPermaLink="false">53263695 at https://www.benzinga.com</guid>
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<item>
  <title>Fed Holds Rates Steady; Retail Sales Remain Resilient</title>
  <link>https://www.benzinga.com/Opinion/26/06/53262681/fed-holds-rates-steady-retail-sales-remain-resilient?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=topic</link>
  <description>&lt;p&gt;&lt;figure class=&quot;wp-block-image size-large&quot;&gt;&lt;img decoding=&quot;async&quot; src=&quot;https://thearorareport.com/wp-content/uploads/2026/06/2026-06-17_08h17_09.png&quot; alt=&quot;&quot; /&gt;&lt;/figure&gt;&lt;/p&gt;
&lt;h4 class=&quot;wp-block-heading&quot;&gt;&lt;strong&gt;Positioning&lt;/strong&gt;&lt;/h4&gt;
&lt;p&gt;Please click &lt;a href=&quot;https://thearorareport.com/stock-market-chart-analysis-warsh-era-fomc-rate-decision-semiconductor-volatility-soxl-mc-260617&quot; rel=&quot;nofollow&quot;&gt;here &lt;/a&gt;for an enlarged chart of &lt;strong&gt;Direxion Daily Semiconductor Bull 3X ETF&lt;/strong&gt; &lt;a class=&quot;ticker-link&quot; data-ticker=&quot;SOXL&quot; data-exchange=&quot;NYSE&quot; href=&quot;https://www.benzinga.com/quote/SOXL&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;(NYSE:&lt;a class=&quot;ticker&quot; href=&quot;https://www.benzinga.com/quote/SOXL&quot;&gt;SOXL&lt;/a&gt;)&lt;/a&gt;.&lt;/p&gt;
&lt;p&gt;Note the following:&lt;/p&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;Semiconductors are the most important sector in this market.&amp;nbsp; Leveraged semiconductor ETF SOXL is the momo crowd&amp;#039;s favorite semiconductor ETF.&amp;nbsp; For this reason, prudent investors should keep an eye on SOXL.&lt;/li&gt;
&lt;li&gt;The chart shows semiconductors gapped up on the Iran deal.&lt;/li&gt;
&lt;li&gt;The chart shows that yesterday, semiconductors fell, closing the gap.&amp;nbsp; Investors should note the high volatility yesterday. &amp;nbsp; SOXL closed at $234.68 on Friday and traded as high as $274.88 on Monday.&amp;nbsp; Yesterday&amp;#039;s high in SOXL was $274.93, and the low was $226.00.&lt;/li&gt;
&lt;li&gt;In the &lt;a href=&quot;https://www.benzinga.com/Opinion/26/06/53211089/stock-market-euphoric-over-new-musk-post-and-iran-deal&quot;&gt;Morning Capsule on Monday&lt;/a&gt;, we wrote:&lt;/li&gt;
&lt;/ul&gt;
&lt;blockquote class=&quot;wp-block-quote is-layout-flow wp-block-quote-is-layout-flow&quot;&gt;&lt;p&gt;Triple witching is ahead.&amp;nbsp; In triple witching, stock index futures, options on indexes, and options on stocks expire on the same day.&amp;nbsp; It appears that the positioning of market makers is such that coming into triple witching week they will buy stocks when stocks start moving higher and sell stocks when they start moving lower. &lt;strong&gt;&amp;nbsp;The result may be exaggerated moves.&lt;/strong&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;ul class=&quot;wp-block-list&quot;&gt;
&lt;li&gt;The extreme upside on Monday was, in part, due to dealer positioning exaggerating the move.&amp;nbsp; The extreme downside yesterday was again due to dealer positioning.&lt;/li&gt;
&lt;li&gt;The chart shows that in the early trade today, semiconductors are being bought on enthusiasm about the Iran deal for the umpteenth time.&amp;nbsp; &lt;strong&gt;Prudent investors should understand an important characteristic of the momo crowd.&amp;nbsp; The momo crowd continues buying on the same news again and again.&amp;nbsp;&amp;nbsp;&lt;/strong&gt;&lt;/li&gt;
&lt;li&gt;The chart shows semiconductors have been bound by zone 1 (resistance) and zone 2 (support).  In our analysis, a break above zone 1 will likely trigger a vicious short squeeze, carrying semiconductors much higher.  A break below zone 1 will likely lead to the specter of a major drawdown in semiconductors.&lt;/li&gt;
&lt;li&gt;&lt;strong&gt;In our analysis, semiconductors are highly likely to carry the entire stock market with them in whichever ...&lt;/strong&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;a href=https://www.benzinga.com/Opinion/26/06/53262681/fed-holds-rates-steady-retail-sales-remain-resilient?utm_source=benzinga_taxonomy&amp;amp;utm_medium=rss_feed_free&amp;amp;utm_content=taxonomy_rss&amp;amp;utm_campaign=topic alt=Fed Holds Rates Steady; Retail Sales Remain Resilient&gt;Full story available on Benzinga.com&lt;/a&gt;&lt;/p&gt;</description>
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 <pubDate>Wed, 17 Jun 2026 19:47:11 +0000</pubDate>
 <dc:creator>The Arora Report</dc:creator>
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