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According to Caixin, Citigroup has raised Micron Technology's target price from $840 to $1200.

J.P. Morgan strategist Tarek Hamid and his team have raised their forecast for total investment in artificial intelligence infrastructure by 2030 to $5.5 trillion in a recent research report, an increase of $400 billion from their prediction last November. The bank noted that in this investment race for super-scale data centers, approximately $4.1 trillion will come from debt financing, with loans covering an average of 85% of total project costs, indicating that AI capital expenditures have shifted to a debt market-centric financing model.Since last November, global bond issuance related to AI and data centers has exceeded $300 billion. The latest typical case comes from chip giant NVIDIA, which completed the pricing of a $25 billion investment-grade bond issuance this Monday, marking its return to the bond market for the first time in five years. This issuance was conducted in seven tranches (with maturities ranging from 2 to 30 years) and attracted oversubscription of up to $85 billion, ultimately increasing the issuance size by 25% from the initial target.The research report emphasizes that although tech giants like NVIDIA, Alphabet, and Amazon are generating substantial cash flow from the AI boom (with NVIDIA estimating free cash flow exceeding $200 billion this fiscal year), these giants still choose to issue hundreds of billions of dollars in bonds. This indicates that such bond issuance is not due to a "lack of financing," but rather that the credit market is confirming the pricing of AI assets.

According to reports from major companies, ByteDance's Seed department has internally issued a notice announcing the latest adjustment to the price of "Doubao Stock," with the new price set at $14.85. Compared to the initial announcement of $13.08 in April this year, the price of this virtual equity has increased by 13.5% within two months.It is reported that "Doubao Stock" is an exclusive virtual equity of ByteDance Seed and related upstream and downstream businesses, typically opening buyback windows about twice a year. In comparison, the regular option prices of ByteDance adjusted from $229.5 to $235.5 between April and June this year (an increase of about 2.63%). The valuation growth rate of "Doubao Stock" during the same period has significantly surpassed the overall options of the company.With the continuous growth of the Doubao large model in user scale and commercial revenue, this option may break the previous fixed frequency of "adjusting every six months" and welcome more flexible and frequent pricing adjustments in the future.

According to BBX data, yesterday's interest rate hike in Japan coincided with the Federal Reserve's decision window, creating the most intense macroeconomic shock point of the week. The latest results of institutional stablecoin research were released on the same day, with the core dynamics as follows:Metaplanet Inc. (TSE: 3350), as the largest corporate BTC reserve holder in Asia and the third largest publicly traded company holding Bitcoin globally (holding 40,177 BTC at an average price of about $104,000, with a target of 100,000 BTC by the end of 2026), faced a dual-edged sword pressure from the exchange rate yesterday: after the Bank of Japan announced a 25 basis point increase in the policy interest rate to 1.0%, the yen strengthened, superficially lowering the book value of BTC denominated in yen, but Bitcoin subsequently rose against the trend (CoinDesk's headline on the same day: "Bitcoin rallies after Japan rate increase"), with actual improvements in USD-denominated holdings. The company's current holdings are approximately $2.64 billion (estimated at $65,750/BTC), with the latest capital move being the issuance of 8 billion yen (about $55 million) for the 20th bond (EVO FUND) on April 24 for additional BTC purchases. Analysts warn that if the BOJ's interest rate hike triggers large-scale unwinding of "Yen Carry Trade," global risk assets including BTC may suffer systemic deleveraging shocks—however, Metaplanet holds physical BTC rather than leveraged positions, with its main risk being the exchange rate conversion effect rather than forced liquidation.OSL Group (Hong Kong Stock Exchange: 0863.HK) and the School of Business at the Hong Kong Polytechnic University jointly released a white paper on June 16 (The Block included it on the same day at 9:01 am EDT), titled "Cross-Border Trade Payments Will Drive the Adoption of Regulated Corporate Stablecoins." The core conclusion is that the demand for corporate-level cross-border trade payments is the main path to drive the large-scale adoption of regulated stablecoins, with importance surpassing retail consumption scenarios. OSL Group holds the Hong Kong Securities and Futures Commission licenses 7 (automated trading services) and 1 (securities trading), making it one of the few compliant exchanges globally with both institutional custody and practical experience in stablecoin settlement. Previously, it provided institutional clients with approximately $130 million in USDGO stablecoin settlement services in April 2026. This white paper provides an industrial basis for the stablecoin policy framework of Hong Kong's financial regulatory authorities, and, together with Visa's stablecoin settlement of $7 billion annualized scale, SoFi SoFiUSD's launch, and Western Union's USDPT layout, constitutes multiple points of evidence accelerating the global adoption of corporate stablecoins.

According to Jinshi, SpaceX (SPCX.O) stated that the underwriters exercised their option to purchase an additional 83.33 million shares. SpaceX raised approximately $85.7 billion in its initial public offering.

According to Gate market data, the European Central Bank raised interest rates by 25 basis points as scheduled, and the EUR/USD exchange rate rose slightly, reported at 1.1537.

According to Jinshi reports, the European Central Bank raised the deposit facility rate from 2% to 2.25%, marking the first rate hike in nearly three years, in line with market expectations. The main refinancing rate and the marginal lending rate were raised to 2.4% and 2.65%, respectively.

Goldman Sachs released a report, expecting that ongoing market tensions will drive Micron's performance significantly beyond market consensus expectations and company guidance. The firm previously raised its overall industry outlook and anticipates that the tight conditions will persist throughout the 2027 fiscal year, bringing higher pricing and profit margins to the industry.Considering the significant rise in stock prices and the market's optimism regarding potential long-term customer agreements, investor sentiment remains very positive. Goldman Sachs expects Micron's revenue for the third fiscal quarter ending in late May to exceed market consensus by approximately 9%, and driven by upward pricing, it guides for significant sequential revenue growth for the fiscal quarter ending in late August.The firm expects last fiscal quarter's revenue, gross margin, and earnings per share to be $37.6 billion, 83.4%, and $22.07, respectively, while the market consensus is $34.4 billion, 81.9%, and $19.74. For the 2026 fiscal year, the firm’s revenue and earnings per share estimates for Micron are 30% and 36% higher than market consensus. Goldman Sachs raised Micron's target price from $400 to $900, with a rating of "Neutral."

According to Jinshi reports, Citigroup stated that the profit growth brought by AI construction is expected to drive the S&P 500 index to break through the 8,000-point mark in 2026. The bank raised its year-end target for the S&P 500 index to 8,100 points, which represents an increase of over 9.5% compared to last Friday's closing price. Strategist Cronat predicts that the S&P 500's earnings per share will reach $350 in 2026 and rise to $400 in 2027. He pointed out that despite the potential volatility caused by uncertainties related to the US-Iran war, inflation, and interest rate paths, AI spending remains the focus for investors.

According to Jinshi reports, Citigroup strategists have raised the year-end target for the S&P 500 index from 7,700 points to 8,100 points.

According to PR Newswire, Bitmine Immersion Technologies announced that the expanded Series A perpetual preferred stock issuance is priced at 3.5 million shares, at $80 per share, with settlement expected to be completed on June 10, raising a net amount of approximately $273.8 million.The company stated that the funds will be used for general corporate purposes, including increasing holdings in ETH and other digital assets, expanding staking and validation infrastructure, advancing related layouts through MAVAN, working capital, strategic investments related to the Ethereum ecosystem and digital asset adoption, as well as common stock repurchase. The Series A preferred stock has a dividend yield of 9.50% per annum.

AI infrastructure startup Nscale has disclosed that it has completed nearly $4 billion in financing, with a valuation of $14.6 billion following its latest $2 billion Series C round. Nscale, formerly a cryptocurrency mining company spun off from Arkon Energy, is currently focused on building and operating AI data centers and leasing computing power resources to enterprises. Its investors include technology companies such as Nvidia, Dell, and Nokia.Since 2026, Nscale has also secured $1.4 billion in GPU collateral loans and a $790 million financing line to support its AI infrastructure expansion plans. Nscale participated in OpenAI's "Stargate" infrastructure project, deploying AI computing facilities in the UK and Norway, but as OpenAI adjusted its related plans, some projects have been taken over by Microsoft and Google.

According to Jinshi, Ned Davis Research has raised its target for the S&P 500 Index to 7,950 points by the end of 2026.

According to Jinshi reports, Federal Reserve official Kashkari stated that it is still too early to assert that we need to raise interest rates immediately after the release of the April PCE inflation data.

Bitcoin Treasuries.NET posted on platform X that Strive's SATA has today raised enough funds to purchase 396 bitcoins, exceeding the previous weekly record in just two trading days. This week, the total amount raised can buy 798 bitcoins and is still increasing.

Nasdaq-listed digital asset treasury company BNB Plus announced that it will raise $4.1 million by issuing B-1 series and B-2 series convertible preferred shares, with participation from crypto-native institutional investors such as Comstock Multichain Fund under Silvermine Capital Advisors and Off the Chain LP. The funds raised will be used to increase digital asset reserves, provide operational funding support, and explore opportunities for AI infrastructure development. The company also disclosed that it currently holds over $16.4 million in cash and digital assets.

The founder of the AI agency platform Bankr, deployer, tweeted that he has raised about $100,000 to provide free LLM inference services for Bankr ecosystem projects. Projects currently being built in the Bankr ecosystem will soon be able to access free inference credits. However, before officially starting the distribution, the team will first launch a new feature that "the entire industry will love," with specific details to be announced later.

The Bitcoin accumulation plan under Strategy's Stretch (STRC) has been launched during pre-market trading, and sufficient funds have been raised to purchase 15 BTC.

According to The Block, Jack Dorsey's fintech company Block recorded a revaluation loss of $173 million in the first quarter due to fluctuations in Bitcoin prices, resulting in a net loss attributable to common stockholders of $309 million.Block holds 28,355 Bitcoins, valued at approximately $2.2 billion. Despite this non-cash loss, Block's total gross profit in the first quarter increased by 27% year-on-year to $2.91 billion. Cash App's gross profit grew by 38% to $1.91 billion, but the Bitcoin business declined by 31% year-on-year. Square's Bitcoin business remained largely unchanged, with related revenue of approximately $28 million, offset by roughly equivalent costs, making its impact on gross profit negligible.Adjusted operating profit increased by 56% to $728 million, and adjusted earnings per share grew by 52% to $0.85. Block raised its full-year performance expectations, forecasting a 19% year-on-year increase in gross profit for the full year of 2026 and a 62% increase in adjusted diluted earnings per share.

Mantle Network officially announced that the proposal for the rsETH relief coordination loan facility initiated to Aave has officially entered the governance voting stage.According to the proposal, Mantle will provide a loan to Aave's relief action to help users orderly exit or resolve related positions. Users holding MNT tokens must first complete delegation on the Snapshot platform to participate in the voting.Aave founder Stani stated that DeFi United is the largest DAO coordination he has participated in, with at least 6 different DAOs proposing governance plans (Arbitrum, Aave, EtherFi, Lido, Compound, and Mantle). He thanked everyone who helped and participated.Currently, the DeFi United ecological relief action led by Aave is ongoing to address the collateral asset gap caused by the rsETH incident on April 18. The designated donation address has raised a total of 1,137,714.633 ETH, worth $314.57 million.