Market Signals

BEIJING SEEKS CHIP STABILITY AND FAIR MARKET ACCESS DURING DUTCH TRADE MINISTER’S TRIP - SCMP

MIDDAY NEED TO KNOW: U.S.-IRAN ESCALATION, BOND-YIELD SPIKE AND MORE - SEEKINGALPHA

Bitcoin USD ($BITCOIN) $61842.48 ↓ 3.3% 14th %ile

CBOE Volatility Index $17.71 ↑ 9.8% 48th %ile (neutral) • KXINX 29.5% — 7,425 to 7,450

Ethereum USD ($ETHER) $1728.78 ↓ 4.0% 26th %ile

US AND IRAN CONCLUDE FIRST ROUND OF NEGOTIATIONS, GEOPOLITICAL PREMIUM RECEDES LEADING TO OIL PRICE ADJUSTMENT - CME_CHINA

CBOE Nasdaq Volatility $29.00 ↑ 3.9% 85th %ile (extreme_fear) • KXNASDAQ100Y 1.5% — 19,000 to 19,499.99

CBOE Gold Volatility $28.62 ↑ 9.2% 79th %ile (fear)

JAPAN'S JCB, RESONA EYE HANDS-FREE BUS FARE PAYMENTS VIA PHONE APP - NIKKEI

NVIDIA NEMOTRON ACHIEVES BENCHMARK-LEADING PERFORMANCE WITH LANGCHAIN DEEP AGENTS HARNESS - TECH

Gold Futures $4050.70 ↓ 2.6% 6th %ile

State Street Consumer Discretio ($XLY) $114.72 ↓ 2.3% 15th %ile

CREATE A LANGCHAIN DEEP AGENTS HARNESS PROFILE FOR NVIDIA NEMOTRON 3 ULTRA TO IMPROVE PERFORMANCE - TECH

Solana USD ($SOLANA) $76.93 ↓ 6.4% 32th %ile

IMF REVISES UP S. KOREA'S ECONOMIC GROWTH OUTLOOK AS CHIPS OFFSET WAR IMPACT - YONHAP

VIX of VIX $95.05 ↑ 8.1% 55th %ile (neutral) • KXINX 29.5% — 7,425 to 7,450

APPLE COMMITS $30 BILLION TO BROADCOM FOR U.S. CHIPMAKING PUSH - CNBC

FEDERAL RESERVE BOARD ISSUES ENFORCEMENT ACTION WITH SMALL BUSINESS BANK AND ANNOUNCES TERMINATION ENFORCEMENT ACTIONS WITH BNP PARIBAS S.A., BNP PARI

Silver Sep 26 ($SILVER) $57.92 ↓ 5.6% 0th %ile

S&P 500 Dispersion Index $47.15 ↑ 2.8% 100th %ile (extreme_fear) • KXINX 29.5% — 7,425 to 7,450

FEDERAL RESERVE BOARD AND FEDERAL OPEN MARKET COMMITTEE RELEASE ECONOMIC PROJECTIONS FROM THE JUNE 16-17 FOMC MEETING - FED

Copper Sep 26 ($COPPER) $6.09 ↓ 2.2% 32th %ile

TRUMP ON IRAN: ‘WE’LL PROBABLY HIT THEM HARD AGAIN TONIGHT’ - ALJAZEERA

$COE 🟢 Insider BUY: Huang Jack Jiajia BUYs 152,820 shares at $15.23 — worth $23.5M (+7 more)

SAMBANOVA HITS $11 BILLION VALUATION AS INVESTORS BACK NVIDIA CHIP CHALLENGERS - TECH

(LEAD) SEOUL SHARES PLUMMET 5.4 PCT ON EXTENDED TECH LOSSES - YONHAP

$ABNB 🔴 Insider SELL: Gebbia Joseph SELLs 27,733 shares at $150.01 — worth $4.2M (0.7% ADV, 0.005% mkt cap)

RENAULT KOREA, KAKAO MOBILITY SIGN MOU ON FUTURE MOBILITY SERVICE - YONHAP

(LEAD) SEOUL SHARES OPEN LOWER ON CONTINUED TECH LOSSES - YONHAP

$FTECX 🟢 Insider BUY: PECK MICHAEL D BUYs 159,234 shares at $9.42 — worth $1.5M (+5 more)

$KSPI 🔴 Insider SELL: Kim Vyacheslav SELLs 2,635 shares at $88.94 — worth $3.9M (+9 more)

$CRWD 🔴 Insider SELL: Kurtz George SELLs 240 shares at $191.33 — worth $4.0M (+24 more) (0.0% ADV, 0.000% mkt cap)

$ARX 🔴 Insider SELL: RADKE JEFFREY L SELLs 80,000 shares at $13.33 — worth $1.1M

$PLTR ⚪ Insider GRANT: Sankar Shyam received 35,000 shares (equity compensation) (+3 more) (0.1% ADV, 0.001% mkt cap)

CBOE Gold Volatility $26.21 ↑ 3.5% 33th %ile (neutral)

CBOE Nasdaq Volatility $27.92 ↑ 4.1% 81th %ile (fear) • KXNASDAQ100Y 0.5% — 19,000 to 19,499.99

CBOE Volatility Index $16.13 ↑ 3.6% 12th %ile (complacency) • KXINX 11.5% — 7,625 to 7,650

Silver Sep 26 ($SILVER) $60.07 ↓ 2.1% 8th %ile

State Street Technology Select ($XLK) $179.18 ↓ 2.4% 52th %ile

ICE BofA MOVE Index $70.25 ↑ 6.8% 44th %ile (neutral)

$ANET 🔴 Insider SELL: BECHTOLSHEIM ANDREAS SELLs 4,113 shares at $157.24 — worth $39.0M (+10 more) (0.1% ADV, 0.000% mkt cap)

$IMNM 🔴 Insider SELL: Barchas Isaac SELLs 83,094 shares at $24.11 — worth $2.4M (+1 more)

$ADPT 🔴 Insider SELL: ROBINS HARLAN S SELLs 239,351 shares at $21.74 — worth $8.5M (+1 more)

S. KOREA SAYS PROPOSED U.S. FORCED LABOR TARIFF IS 'UNWARRANTED,' SHOULD BE RECONSIDERED - YONHAP

$ETON 🔴 Insider SELL: Opaleye Management Inc. SELLs 65,000 shares at $37.39 — worth $4.8M (+4 more)

$KEY 🔴 Insider SELL: BANK OF NOVA SCOTIA SELLs 176,803 shares at $23.18 — worth $4.1M (1.4% ADV, 0.016% mkt cap)

$IMNM 🟢 Insider BUY: Lechleider Robert BUYs 55,000 shares at $8.73 — worth $1.7M (+4 more)

$HOOD 🔴 Insider SELL: Quirk Steven M. SELLs 19,377 shares at $119.96 — worth $2.3M (0.1% ADV, 0.002% mkt cap)

$WDAY 🔴 Insider SELL: BHUSRI ANEEL SELLs 8,501 shares at $135.40 — worth $1.2M (0.2% ADV, 0.003% mkt cap)

$MIAC 🔴 Insider SELL: Bulley David Robert SELLs 2,381,250 shares at $0.01 — worth $4.8M (+4 more)