SOONNEW ($SOON) fluctuates 111.8% in 24 hours: abnormal buying volume drives price rebound

Forex strategists say that although the US midterm election results briefly weighed on the dollar, the factors driving the dollar's strength over the past few months have remained largely unchanged.

A Bank of America roadshow indicates that Hong Kong investors have become noticeably bearish on storage stocks, with some having already reduced their holdings early. Meanwhile, after visiting Shanghai, analyst Jukan straightforwardly stated he has "lost the conviction to hold"—local veteran investors pointed out that even if the P/E ratio of storage stocks is only 3, should prices fall below the LTA in 2028 and trigger a default, the actual valuation would soar to 7.8 to 10 times, which is not cheap.

As $2.5 trillion was wiped out from tech stocks in a single day, the IPO plans of AI star Anthropic are on shaky ground. Three major investors have explicitly questioned the $1.5 trillion target valuation, with some parties believing its actual value is closer to $1 trillion. Doubts have also emerged over whether the November roadshow will proceed as planned. Ongoing losses, missing key revenue data, and sudden shifts in AI policy—all add up to multiple headwinds, causing this listing, once poised to set the record for the largest IPO in history, to now face three tough choices: a discounted valuation, a reduced offering, or outright postponement.