📰 BlockBeats Latest News Roundup

1. Trump intends to nominate FIFA President Gianni Infantino to serve as the United Nations Secretary-General

2. Enfini? (Interconnected?), China Optics (Jicai Xuchuang): The highest issue price for its Hong Kong IPO will not exceed HK$10.10 per share; the maximum financing is approximately US$7 billion

3. Intel and SK Hynix have not held talks regarding a deal for an Ohio semiconductor fab

4. Multicoin Capital has lifted the pledge on 1.96 million HYPE tokens, worth about US$120 million

5. The US optical communications sector is up across the board; the pure-play photonics ETF FOTO is up more than 9%

6. The US military has carried out attacks on Iran for the 11th consecutive night; Trump vowed to strike the “GaoShan” nuclear facility

7. US memory stocks strongly rebound; Micron, Hynix, and others are all up more than 10%; the Philadelphia Semiconductor Index logged its largest single-day gain in nearly a month

8. Trump announces a 100% tariff on generic drugs two years from now

9. The Nasdaq 100 index’s gain has widened to 2%

10. The probability of the Fed raising rates by 25 basis points in July is currently 21.9%

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