UBS issued a report raising its earnings forecast for Micron Technology (MU.O), stating that long-term agreements have been firmly implemented in most sectors of the industry. The bank expects the company's earnings per share to remain stable above $100 between 2027 and 2029, raising its target price from $535 to $1625. UBS also raised its adjusted earnings per share forecasts for Micron for 2026-2028 by 8-25%, to $63.74, $142.23, and $169.64 respectively, maintaining a "buy" rating and believing the market will begin to give the stock a more normal valuation multiple. (Jinshi)

According to Odaily Planet Daily, the astonishing surge in South Korean stocks has propelled them to a nearly 100% gain so far in 2026, surpassing even the historic rallies before the dot-com bubble burst and during South Korea's industrial boom in the late 1980s. Driven by soaring prices of memory chip manufacturers such as SK Hynix and Samsung Electronics, the benchmark KOSPI index has repeatedly broken historical records, surging from 5,000 points to 8,300 points in just a few months. The index rose as much as 5.1% on Wednesday. With less than half the year gone, the index's current performance is comparable to the Nasdaq 100's 102% gain before the 1999 bubble burst. However, few market participants are currently issuing bubble warnings about the South Korean stock market, as they believe the global demand structure for memory chips has shifted from a cyclical pattern to a longer-term, sustainable growth trend. (Jinshi)

In the past hour, total liquidations across the network reached $32.52 million, with $31.02 million from long positions, with $1.50 million from short positions. BTC liquidation $19.89 million, ETH liquidation $4.21 million.

According to an official announcement, Bitget has launched eight stock contracts, including RGTI (Rigetti Computing), QBTS (D-Wave Quantum), QUBT (Quantum Computing Inc.), and ARQQ (Arqit Quantum), covering popular US stock sectors such as quantum computing, advanced aviation, and cybersecurity. These contracts support leverage up to 20x. More details can be found on the Bitget official platform.

According to an official announcement, OKX will launch spot trading for IRYS/USDT (Irys). Deposits for IRYS will open at 13:00 (UTC+8) on May 27th; pre-orders for IRYS/USDT will be open from 17:00 to 18:00 (UTC+8) on May 27th; spot trading will begin at 18:00 (UTC+8) on May 27th; and withdrawals for IRYS will open at 20:00 (UTC+8) on May 27th.