On its first day of listing, SK Hynix's US ADR traded at a premium of over 50% compared to its ordinary shares in Seoul. The premium quickly narrowed to around 26% the next day. This phenomenon, driven by high demand and limited circulating supply, reflects strong interest from US stock investors while also highlighting restricted cross-market arbitrage and short-term pricing deviations.

這可能是穩定幣戰爭從「技術競賽」轉向「客戶爭奪」的標誌性時刻。

傳統金融機構已佔據市場主導權，只有能拿出成熟商業模式和合規牌照的項目才能拿到錢。

Ed Zitron認為：真正的AI泡沫，本質上就是「OpenAI泡沫」；如果OpenAI最終失敗，它將成為AI時代的「雷曼兄弟」。

From Technical Bottoming to Fading Rate Hike Expectations, the Real Variable Is Shifting to Macro Confirmation

Leveraged stock ETFs, options, and margin accounts all have further room for deleveraging. It is estimated that it will take about three more months of volatile trading for relevant indicators to return to pre-April levels.

Jesse, You Still Don't Get It

Going public is both a driving force and a constraint.

TSMC's Q2 net profit surged 77%, yet its US stock still closed down 2.3% on Thursday. IBM issued a profit warning, triggering a single-day plunge of over 20% on Tuesday.

In 2007, a young Messi held an infant Lamine Yamal during a charity photoshoot. Nineteen years later, the two figures in that photo will vie for the World Cup trophy in the final.

U.S. stock storage sector experiences another broad decline.

加密行情轉折點將出現在2027年，預測Coinbase交易量在今年大跌44%後，明年將反彈32%。

The foundation has been laid, but follow-through has yet to arrive.

The main problem tokens solve is allowing early investors to exit without the company having to create value.

總有一天，所有資產都將代幣化。

即便在賭場裡，也有人能透過紮實的基本面找到值得持有的資產。