US CPI May Experience Negative Growth, Samsung Electronics Considers US IPO

The US CPI month-on-month may record negative growth, alleviating market concerns about the Federal Reserve's interest rate hikes. Samsung Electronics is conducting preliminary research on a potential IPO in the US, while Samsung's foundry has secured an order from Anthropic. Jack Mallers stated that the dollar needs to depreciate and debt needs to be monetized, as BTC sellers have run out. JPMorgan reiterated that Tencent is the highest quality compound growth stock in China's internet sector, maintaining an overweight rating. HSBC believes that concerns about the storage cycle peaking are premature and favors SK Hynix. The NOXA website has been down for two days, and the leading meme launchpad on Robinhood may change ownership. The South Korean Ministry of Finance reported that South Korean chip manufacturers and shipbuilders are selling large amounts of dollars in the forward market. Binance will adjust the funding rates for perpetual contracts of SK Hynix, Samsung, and Hyundai. Machi sold Bored Ape 251 at a loss of 6.99 ETH to raise funds for a $9.38 million ETH long position.

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