「White-Haired Stock God」 Issues Buy Recommendation, Hong Kong Stock Inno-Tech Records Rapid 10% Surge Before Pullback

June 8. Asian markets extended last week’s steep selloff on Monday, with South Korea’s KOSPI index plunging more than 8% – led by semiconductor stocks. Mark Vale, Investment Director at Lucerne Asset Management, stated: “This wave of selling looks more like a pullback from leveraged positions and momentum-driven trades than a reassessment of artificial intelligence’s long-term growth narrative. South Korean tech stocks have been among the world’s best-performing equities for some time. Given their highly concentrated market positioning, these stocks were a natural source of liquidity as interest rate expectations shifted following last week’s non-farm payrolls report. The big question right now is whether mega-cap firms will pull back on AI spending. So far, there’s no evidence of that.”

June 8 — Per Bitget market data, futures for the three major U.S. stock indexes posted mixed performance: the Dow Jones slipped 0.25%, the Nasdaq rose 0.79%, and the S&P 500 advanced 0.3%. In pre-market trading, crypto-related stocks rallied broadly, driven by Bitcoin’s rebound. Gains across the group included: BLSH +2.82%, CRCL +2.94%, MSTR +3.18%, COIN +2.53%, SBET +2.5%, and BMNR +3.71%. For tech stocks, results varied: Tesla +1.01%, Google -1.2%, Oracle +0.85%, Nvidia +1.41%, and Apple +0.41%. In the storage sector, stocks rose across the board: STX +2.54%, WDC +3.94%, SNDK +1.96%, and MU +4.57%. Optical module stocks also posted strong gains: COHR +2.62%, LITE +1.46%, AAOI +3.07%, NOK +2.5%, and MRVL +7.23%.

On June 8, according to Whale Alert monitoring, Circle minted 250 million USDC on the Solana blockchain at 16:20:41 UTC.

June 8 – Official sources report that OKX will launch USDG spot trading at 4:30 PM (UTC+8) on June 10, 2026.

June 8 — The "White-Haired Stock Guru" Serenity posted on social media, noting that following news that major financial institution JPMorgan Chase had bought more than 5% of a company’s shares in just a month, the stock price only edged up 3.36%. Ahead of the upcoming CPO supercycle, JPMorgan likely remains quietly accumulating the remaining outstanding shares of the firm.

June 8 — Iranian Foreign Ministry spokesman Baghaei has stated that recent developments have intensified Tehran’s mistrust in the ongoing negotiations with the United States. The U.S. bears direct responsibility for the recent disruption of the ceasefire, and Israel’s actions cannot be separated from U.S. policy. The U.S.’s responsibility for violating the ceasefire agreement is clear. All unfolding events were planned by the U.S., which is driving the renewed escalation of tensions.