World Market Updates

SoftBank Group founder Masayoshi Son stated that Elon Musk’s concept of space-based data centers holds little significance, asserting that the outcome of the AI race will be determined by computing power on Earth. On Tuesday, June 23, SoftBank Corp., the mobile subsidiary of SoftBank Group, held its annual shareholder meeting. Son was successfully re-elected as

①Goldman Sachs Raises South Korea Growth Forecast: AI Chip Boom Continues, Exports May Surpass $1 Trillion for the First Time ②Citi: Starmer’s Resignation Sparks UK Political Uncertainty, Sterling Under Short-Term Pressure ③ANZ Delays Fed Rate Cut Expectations: Earliest Action in June Next Year, Divergence on Rate Hikes Intensifies Within the Year ④Oppenheimer Raises SpaceX Target

① Global tech stocks suffered a “Black Tuesday,” with South Korea’s Samsung and SK Hynix plunging over 12%, dragging the KOSPI index down 10%. Major U.S. tech stocks also fell significantly, with Nvidia and Micron posting notable declines. ② “New Bond King” Jeffrey Gundlach and “Stock Market Prophet” Felix Zulauf predict that the AI-driven bull

① The Asian stock selloff has spilled over into European and US markets, with the technology sector suffering a sharp decline. Germany’s DAX index fell nearly 1.2%, the STOXX 600 Technology Index dropped over 3.3%, and STMicroelectronics’ European shares tumbled more than 8%. ② Market concerns over excessive tech valuations and the rationale for AI

Murata’s MLCC capacity utilization remains at 90%-95%, and its order-to-bill ratio stays relatively strong. The company expects AI and data center-related sales to grow 85%-90% in fiscal 2027, with more than half of the incremental growth coming from an improved high-end product mix. Murata plans to advance its capacity expansion pace, and combined with currency

① Micron Technology fell more than 9% in pre-market trading; ② Samsung Electronics’ HBM4 memory sales exceeded $1 billion; ③ UAE AI technology investment company MGX is reportedly raising nearly $50 billion. June 23 (Tuesday) – US stock index futures fell sharply, with Nasdaq 100 index futures down 3%. Major European indices broadly declined. (Source:

① Facing pressure from the concentrated retirement of the baby boomer generation and continuously expanding pension deficits, German Chancellor Merz is preparing to promote the establishment of a “Nordic-style” state pension investment fund. ② Through supplementary contributions equivalent to 2% of total wages, funds will be invested in stock and bond markets, which is expected

Visa and Mastercard account for 61% of card payment transactions in the euro area, with cross-border payments almost entirely dominated by US institutions. The digital euro will support online and offline payments and emphasize privacy protection. The EU plans to reach a final agreement with member states by the end of the year. June 23

Meta and EssilorLuxottica have partnered to launch the new Meta Glasses series, with a starting price of $299, which is $80 cheaper than the previous generation. The new glasses feature built-in cameras and speakers, offering real-time translation, environmental recognition, and other functions, with battery life exceeding 8 hours. June 23 News — On Tuesday (June

① SpaceX fell below $150 after the opening bell on Tuesday, then rebounded quickly amid retail dip-buying sentiment. ② Susquehanna International Group initiated coverage with a Neutral rating and a $170 price target. The analyst said that while the prospects for rocket launches, Starlink and AI businesses are viewed favorably, considerable uncertainty remains at present,