News

Foresight News reported that the founder of Formula News, Vida, stated on his personal channel that he has closed his SPCXUSDT short position, with a loss of approximately $67,000. According to an earlier report by Foresight News, Vida stated on his personal channel that he had shorted the SpaceX pre-market contract at a price of $162.46. This position was planned to be held for 3 to 12 months, and he mentioned that he could accept a maximum loss of $100,000.

Golden Ten Data reported on June 16 that Fawad Razaqzada, an analyst at FOREX.com, stated that due to the possibility of large-scale yen short positions facing profit-taking, the yen may see a technical rebound against the US dollar. Citing the latest CFTC trader position data, the market analyst said: “Traders continue to increase their bets on shorting the yen, with speculative short positions reaching new extreme levels.” In addition, the analyst added: “The possibility of Japanese authorities intervening in the foreign exchange market again is now more reasonable, as this intervention could be more effective, especially in the context of a more hawkish Bank of Japan and declining oil prices.”

Glonhui June 16th ｜ Aerospace parts manufacturer DPC Holdings announced plans to raise up to $747 million through an IPO in the US. DPC has applied to list 33.333 million shares on the New York Stock Exchange, with an offering price range set at $28 to $32 per share, and the proposed stock code is DPC. Based on the upper limit of the offering price range, the company's valuation will exceed $4.4 billion. DPC's brand Doncasters was founded in 1778 in Sheffield, UK, focusing on manufacturing high-precision alloy parts for demanding environments, serving original equipment manufacturers in aerospace, industrial gas turbines, and special transportation sectors. The company's partners include well-known aerospace and industrial gas turbine manufacturers such as GE Aerospace, Honeywell, Pratt & Whitney, Rolls-Royce, Safran Group, Ansaldo Energia, Doosan, GE Vernova, and Siemens Energy.