The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

June 16 — Citrini Research’s "AI Doomsday Report" reveals that both AMD and Apple are developing AI products using flash-based alternatives to DRAM. AMD acquired MEXT to boost flash memory performance, bringing it nearly on par with DRAM and cutting memory costs for AI data centers. Apple has rolled out a similar device-level optimization through its "LLM in a flash" technology. Per Citrini’s latest research, AI inference workloads have high memory demands for KV cache, with HBM making up 25% of DRAM capacity in what’s called the "memory tax". Flash memory costs just 1/55 of DRAM, and through controller tuning, NAND stacking, and unit mode adjustments, it provides a viable alternative for edge AI applications in terms of both capacity and bandwidth. This report offers theoretical support for the recent rally in storage stocks, with SanDisk leading the gains.

June 16 — SpaceX submitted an SEC filing following the close of U.S. stock markets, revealing the aerospace and space transportation firm will no longer use newswires to publish quarterly or annual financial performance data, nor share other major company news. Going forward, all significant disclosures to the public will be made via SpaceX’s investor relations page on X. The company also rolled out a new dedicated investor website at ir.spacex.com, where users can access its financial information, stock details, leadership profiles, and sign up to receive alerts for earnings releases, SEC filings, and upcoming events.

June 16 — Goldman Sachs issued its latest oil price forecast on Tuesday, revising projections downward following Donald Trump’s announcement of a temporary agreement expected to lead to the lifting of the U.S. blockade and reopening of the Strait of Hormuz this Friday. While full details of the deal remain unconfirmed, the bank now assumes Persian Gulf oil exports will return to pre-war levels by the end of July, an acceleration from its prior forecast of a recovery by the end of August. As part of the update, Goldman cut its fourth-quarter 2026 Brent crude oil price target to $80 per barrel, down from its earlier estimate of $90. The bank also lowered its 2027 average Brent crude forecast to $75 per barrel, a $10 drop from the previous $80 projection. For West Texas Intermediate (WTI) crude, Goldman now projects an average price of $75 per barrel in the fourth quarter of 2026, and a $70 per barrel average for all of 2027.

June 16 – According to Hyperinsight’s monitoring data (https://t.me/HyperInsight), SPCX (SpaceX’s stock ticker) surged to $229.85 during U.S. pre-market trading, lifting the aerospace firm’s market cap above $3 trillion for the first time. If this price holds steady when U.S. regular market trading opens, SpaceX will overtake Microsoft to become the fourth-largest public company in the U.S. stock market. In related updates, traders and whale investors who went long on SPCX ahead of its IPO on Hyperliquid have all booked profits from this recent price jump. The address that generated the largest gain from these trades has netted $2.87 million. This large investor opened a 5x leveraged long position on SPCX on its IPO debut day, holding 54,986 tokens at an average cost of $164 – translating to a 157% return on investment. Wallet address: 0xa1830e8d9f019feb448478a171bb37cc6c4c0482

June 16: Ahead of the upcoming Bank of Japan (BOJ) monetary policy meeting, markets are fully pricing in a rate hike, with some institutions projecting the central bank will conduct a mid-term review of its bond-buying reduction plan at this session. Below is a summary of views from major financial institutions: Goldman Sachs: The firm expects the BOJ to raise interest rates at this meeting, aligning with both the market consensus and current pricing. The central bank is likely to maintain a pace of roughly one rate hike every six months moving forward. Mitsubishi UFJ: The bank projects a rate hike this week, with another increase later this year. Given the market has already fully priced in a 25 basis point hike, this move alone is not enough to reverse the yen’s depreciation trend. Kiyotaka Sakaue, former Bank of Japan Chief Economist: He anticipates a rate hike at this meeting. The U.S.-Iran peace deal is not expected to alter the central bank’s projection of two rate increases t

Bithumb, South Korea’s second-largest exchange platform, will list the SPX/KRW trading pair on June 16.