A certain whale opens a long position of about $8.5 million in SPCX

June 15 – A Morgan Stanley strategist stated Tuesday that the U.S. stock market may get an extra lift from fund rotations into cyclical, economically sensitive sectors, which lagged during the Iran conflict. The strategist pointed out that rising traffic in the Strait of Hormuz, alongside signs of easing pressure from interest rates, oil prices, and the U.S. dollar on equities, are expected to push undervalued stocks to the forefront of the market’s leaders. Previously, the market rally has been heavily concentrated in high-growth tech stocks. The S&P 500 Index is currently roughly 2% away from its all-time high. The strategist also added that the recent pullback in the U.S. stock market has been led by semiconductor stocks, driven mainly by a slowdown in earnings momentum rather than worsening fundamentals. In a bull market fueled by earnings growth, such pullbacks after a stretch of strong gains are par for the course. “There may still be more volatility in the weeks ahead, but our

June 15: Binance has officially announced that Binance Leveraged Tokens will delist the CVC/USDC, RPL/USDC, RVN/USDC, and XAI/USDC leveraged trading pairs (for full-position leverage) starting June 19 at 2:00 PM UTC+8. During this window, all user positions will be automatically liquidated, settlements will be processed, and all open orders will be canceled. No position adjustments will be permitted for users during the delisting process, which is expected to take roughly 3 hours. Binance advises users to close their positions in advance or move assets from their leverage accounts to spot accounts to avoid potential losses. Affected tokens can still be traded via other Binance Leveraged Tokens-supported trading pairs.

June 15 – JPMorgan Chase’s latest research report projects the global multi-layer ceramic capacitor (MLCC) market will see a sharp tightening of supply-demand dynamics in the coming years, potentially tipping into a shortage phase between 2027 and 2028. MLCCs, foundational components used across electronic devices, were long tied to demand from smartphones, PCs, and consumer electronics—but the report identifies transformative new growth drivers: AI servers and automotive electronics. AI servers are now the primary incremental demand source, per JPMorgan, as they require far higher power stability and component specs than consumer gear, calling for more high-capacity, high-performance MLCCs. The forecast calls for rapid global MLCC industry revenue growth from 2025 through 2028, fueled by product price hikes and shifting demand patterns. The market is set to swing from a roughly 10% oversupply in 2025 to a 5% shortage in 2027, then widen to a 6% shortage by 2028. On the supply side,

June 15: The Pakistan Virtual Asset Regulatory Authority (PVARA) has launched a public consultation on the draft "2026 Pakistan Virtual Asset Service Regulations" and its accompanying Special Activities Handbook. Feedback will be collected from June 11, 2026, through July 2 at 4:00 PM Pakistan time. The draft aims to set up a licensing and regulatory framework for virtual asset service providers, covering requirements including corporate governance, market conduct, customer asset segregation, technology and network security, risk management, and anti-money laundering/counter-terrorism financing (AML/CFT). It also includes 10 operational manuals for licensed business categories. PVARA stated that this consultation is intended to strengthen Pakistan’s virtual asset regulatory system and align it with standards set by the Financial Action Task Force (FATF).

On June 15, ship-tracking data from international shipping information platform Marine Traffic showed that the liquefied natural gas (LNG) carrier Disha entered the Arabian Sea that same day. The vessel is the first large energy ship to transit the Strait of Hormuz since the U.S.-Iran agreement was reached.

**News Brief** June 15 (Local Time) – Lebanese authorities confirmed Wednesday that an Israeli military operation targeting Beirut’s southern suburbs has killed at least three people. Details show an Israeli drone struck a vehicle in the Naameh area of southern Lebanon, causing additional injuries, while two Naameh-region towns were shelled by the Israeli military. Separately, an Israeli drone deployed a stun bomb over the village of Haris in southern Lebanon’s Bent Jbeil district, and the Israeli military carried out a controlled detonation in the town of Shheem (Marjayoun region, southern Lebanon). Observers warn this latest escalation threatens fragile U.S.-Iran peace talks. Israeli Public Security Minister Itamar Ben-Gvir posted on social media June 15 that the U.S.-Iran agreement is “not binding on Israel.” He stated: “Trump’s deal does not apply to us; Israel is not subject to U.S. jurisdiction… we are not a party to this accord, and it does not guarantee our security.” Ben-