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Golden Ten Data June 25｜ARS Pharmaceuticals dropped 21.5% pre-market to $8.27. The main driver is that neffy failed to secure expanded commercial coverage in the July 1st insurance update cycle, combined with a downward revision of annual spending guidance. However, some analysts believe the market has overreacted — the coverage expansion is only delayed, cost discipline is strengthened, the 2027 breakeven target remains unchanged, and there is a potential CSU data catalyst in Q4.

Barringer stated that this performance once again confirms what the market already knows: demand for storage chips far exceeds supply. However, the technology research director emphasized that more importantly, Micron Technology has shifted toward signing long-term agreements with customers, which provides the group with more stable profitability and makes it less susceptible to sharp demand fluctuations. "These long-term agreements actually set upper and lower limits for pricing and require customers to commit to accepting supply, smoothing out what has historically been a highly cyclical market." Micron Technology's pre-market share price surged by more than 19% at one point.

According to a survey conducted by data provider Quick among economists, consumer inflation in Tokyo, excluding volatile fresh food prices, is projected to rise by 1.6% year-on-year in June. This increase is higher than the 1.3% growth recorded in May, but still below the Bank of Japan's 2% target.Economists noted that, nonetheless, rising oil costs are expected to take some time before they are fully reflected in consumer prices. Bank of Japan Deputy Governor Himeno Ryozo recently stated that the impact of soaring crude oil prices may become more apparent in consumer prices around the summer. Tokyo's consumer price data will be released on Friday.