To The Moon

On June 5th, $Circle Internet Corp.(CRCL)$ will IPO on the NYSE in the highest profile IPO seen since $Coinbase Global, Inc.(COIN)$ back in 2021.Bloomberg reporting that the Circle IPO has priced at $31 per share, above the range. $Circle Internet Corp.(CRCL)$ $USDATA Corp.(USDC)$ ImageFinancial reports in 3 years:$1.7B revenues (+16% y/y) $285M EBIDTA (-29% y/y) $155M Net Income (-42%)ImageSee from the $Circle Internet Corp.(CRCL)$ financial model below. $Circle Internet Corp.(CRCL)$ 's IPO valuation was raised to $31, and the Forward

In recent weeks, the market has been caught in a delicate state of turbulence, with many assets that are typically correlated diverging from their usual patterns. It is difficult to determine whether this is merely a temporary anomaly ahead of an eventual convergence in market trends, or if some assets are beginning to establish independent trajectories. However, when considering the element of time, it is unlikely that such abnormal relationships will persist for much longer.Indications from the Foreign Exchange MarketThe weakness of the US dollar index reflects the tariff battles initiated by the United States and the rising concerns over a potential economic recession. As a result, most non-US currencies have appreciated, with the Japanese yen standing out more prominently due to its sa

Key Takeaways $Circle Internet Corp.(CRCL)$ will IPO on NYSE on June 4 at a valuation of approximately $6.9 to $8.1 billionInitial IPO price of $31 per share, raising approximately $1.1 billion, exceeding the initial expected range ($24)Investor interest in the stablecoin industry is strong, with Circle's USDC holding ~29% of the market shareRegulatory environment may be favorable for Circle, with potential stablecoin legislation (e.g., Genius Act) potentially enhancing its legitimacyValuation is slightly lower than previous private market valuations, but reflects market conditions and the complexity of the company's fundamentalsOverall Industry OverviewStablecoins are divided into four main types with their own characteristicsFiat currency collat

Broadcom will release its results for the second fiscal quarter of 2025 after the U.S. stock market closes on June 5, 2025, Eastern Time. According to general institutional forecasts, Broadcom will achieve operating income of US $14.975 billion in the second fiscal quarter of 2025, a year-on-year increase of 19.92%. Earnings per share are US $0.959, a year-on-year increase of 116.9%.Since the beginning of this year, Broadcom's stock price has experienced a roller coaster ride. In April, affected by tariffs and other factors, the stock price once fell to US $138.1, and then started a strong rebound. It has risen by more than 70% in the past two months. Today, it rose by more than 2.5% to break through the previous high and set a record high!Looking forward to this financial report, investor