Zhongji Xuchuang is now in hot IPO subscription! Around 80% of new listings in 2026 rose on their fi
Week Ahead | Memory giant Micron Technology reports earnings! NVIDIA holds its annual shareholder meeting; US PCE price index released Thursday
Overview of Key Events for the New Week
US May PCE price index and Q1 real GDP data
On Thursday, June 25, the US will release the May PCE price index. Markets expect core PCE to rise 0.3% month-over-month and increase year-over-year from 3.3% to 3.4%.If this PCE data comes in hotter than expected, it would reinforce the hawkish signals from the Federal Reserve’s June monetary policy meeting.
On the same day, the US will release the final reading for Q1 2026 GDP. Markets expect the final annualized quarter-over-quarter figure to remain at 1.6%, while the year-over-year rate is projected to rise to 3.4%. The market anticipates that investments in AI-related infrastructure will have contributed significantly,with equipment spending expected to surge sharply in Q1, while consumer spending growth is forecast to slow.
NVIDIA will hold its annual shareholder meeting
NVIDIA (NVDA.US)The 2026 Annual General Meeting will be held online at 9:00 a.m. Pacific Time on June 24 (12:00 a.m. Beijing Time on June 25). The meeting will focus onramping up production capacity for Blackwell and the new Vera architecture chips, progress in commercializing the AI ecosystem, and capital return plans for its substantial cash flow.
Micron Technology will report earnings after the US market close on Wednesday
$Micron Technology (MU.US)$will release its latest earnings and guidance after the U.S. market close on Wednesday. According to FactSet data,the market expects Micron Technology’s adjusted earnings per share for the quarter to reach $20.70 (compared to $1.71 a year ago), with revenue projected at $35.56 billion (versus $9.3 billion a year ago).Given that Micron’s stock price has surged ninefold over the past year, merely meeting expectations may not guarantee strong post-earnings stock performance.
Changes to U.S. equity index constituents take effect Monday, with Marvell Technology being added to the S&P 500 Index.
Chipmaker Marvell Technology (MRVL.US) along with electronics manufacturer Flex Ltd. (FLEX.US)will join the S&P 500 Index. Meanwhile, the Nasdaq 100 Index will welcome five new constituents before the market opens next Monday, namely Astera Labs (ALAB.US), (AI data center high-speed connectivity chips), $CoreWeave (CRWV.US)$ (emerging cloud service provider), $NEBIUS (NBIS.US)$ (emerging cloud service provider), $Rocket Lab (RKLB.US)$ (commercial rocket launches), $Teradyne (TER.US)$(semiconductor test equipment). This change will take effect at the open of U.S. stock markets on Monday, June 22.
SK Hynix plans to list in the U.S. as early as August, with the U.S. SEC expected to approve the application as soon as the week of June 22
According to Reuters, citing sources, $SK Hynix (000660.KR)$ plans to list in the United States as early as August.The U.S. Securities and Exchange Commission (SEC) is expected to approve SK Hynix's ADR listing application during the week of June 22.SK Hynix stated in March that it had confidentially submitted its U.S. listing application.
OpenAI's most powerful AI model series, GPT-5.6, is expected to debut next week
Tech media outlet TestingCatalog recently published an article stating that OpenAI is expected to launch the GPT-5.6 series of models next week, including mini, standard, and Pro versions. In terms of performance, GPT-5.6’s context window has been expanded from 1 million tokens to 1.5 million tokens, with enhanced long-context coding capabilities and improved Codex response speed. According to reports, in agent-based coding tasks, GPT-5.6 has already outperformed Anthropic’s Mythos series, becoming developers’ new benchmark. On pricing,reports indicate that OpenAI’s current token prices are only about half of Anthropic’s,and OpenAI will directly initiate a price war—further reducing prices while simultaneously enhancing performance.
New Hong Kong-listed stocks including Xinji Microfabrication, Zhongke Wenge, and Lingyi Intelligent Manufacturing will go public.
A batch of new Hong Kong IPOs will debut next week,Among them, $Xinji Microfabrication (09630.HK)$ 、 $Zhongke Wenge (01956.HK)$ 、 $Lingyi Intelligent Manufacturing (01688.HK)$ with trading in the gray market opening on Thursday and official listing taking place on Friday.
Key earnings calendar for the new week.
![Overview of Key Events for the New Week US May PCE price index and Q1 real GDP data On Thursday, June 25, the US will release the May PCE price index. Markets expect core PCE to rise 0.3% month-over-month and increase year-over-year from 3.3% to 3.4%.If this PCE data comes in hotter than expected, it would reinforce the hawkish signals from the Federal Reserve’s June monetary policy meeting. On the same day, the US will release the final reading for Q1 2026 GDP. Markets expect the final annualized quarter-over-quarter figure to remain at 1.6%, while the year-over-year rate is projected to rise to 3.4%. The market anticipates that investments in AI-related infrastructure will have contributed significantly,with equipment spending expected to surge sharply in Q1, while consumer spending growth is forecast to slow. NVIDIA will hold its annual shareholder meeting [Share Link: NVIDIA (NVDA.US)]The 2026 Annual General Meeting will be held online at 9:00 a.m. Pacific Time on June 24 (12:00 a.m. Beijing Time on June 25). The meeting will focus onramping up production capacity for Blackwell and the new Vera architecture chips, progress in commercializing the AI ecosystem, and capital return plans for its substantial cash flow. Micron Technology will report earnings after the US market close on Wednesday [Share Link: $Micron Technology (MU.US)$]will release its latest earnings and guidance after the U.S. market close on Wednesday. According to FactSet data,The market expects Micron Technology’s adjusted earnings per share for the quarter to reach $20.70 (compared to $1.71 in the same period last year...](https://nnqimage.futunn.com/sns_client_feed/900104/20260621/758a2f4caca4a91e2e9543cda79e45b6.webp/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
Monday (June 22)
Keywords: China LPR, US stock index rebalancing, Hua Jian Future / Senior Material pre-market trading
In terms of economic data,China's one-year and five-year Loan Prime Rates (LPR) will be announced at 9:00 a.m.
In terms of financial events, Marvell Technology (MRVL.US) signed a 1.2 GW fuel cell power contract with Flex Ltd. (FLEX.US)will join the S&P 500 Index, Astera Labs (ALAB.US), 、 $CoreWeave (CRWV.US)$ 、 $NEBIUS (NBIS.US)$ 、 $Rocket Lab (RKLB.US)$ 、 $Teradyne (TER.US)$will join the Nasdaq 100 Index, effective Monday.
In terms of new stocks, $Hua Jian Future-B (06132.HK)$ 、 $Senior Material Co., Ltd. (06067.HK)$ will open its grey market trading at 16:15.
Tuesday (June 23)
Keywords: Summer Davos Forum, FedEx earnings, Medkey Pharma/Seer Intelligence grey market
In terms of financial events,The 17th Summer Davos Forum was held in Dalian from June 23 to 25.
In terms of new stocks, $Medkey Pharma-B (02335.HK)$ 、 $XianGong Intelligence (06106.HK)$ will open its grey market trading at 16:15.
Wednesday (June 24)
Keywords: Micron Technology/Ctrip earnings
In terms of financial events,The Bank of Japan will release the summary of opinions from its Monetary Policy Meeting on June at 7:50 JST.
In terms of performance, $Micron Technology (MU.US)$ 、 $Trip.com Group (TCOM.US)$Will release earnings after the U.S. market close.
Thursday (June 25)
Keywords: U.S. PCE Price Index, NVIDIA Annual Shareholders Meeting, pre-market trading for Zhongke Wenge / Lingyi Intelligent Manufacturing / Sine Microelectronics
In terms of economic data,The U.S. will release PCE price index data, first-quarter GDP, and initial jobless claims at 20:30 ET.
In terms of financial events, NVIDIA (NVDA.US)Will hold its annual general meeting at 00:00 on the same day.
In terms of new stocks, $Zhongke Wenge (01956.HK)$ 、 $Lingyi Intelligent Manufacturing (01688.HK)$ 、 $Xinji Microfabrication (09630.HK)$ 、 $MERDEKAGOLD-DRS (06228.HK)$ 、 $Keto Co., Ltd. (02272.HK)$ 、 $Shengbang Shares (03661.HK)$ will commence grey market trading at 16:15.
Friday (June 26)
Keywords: University of Michigan Consumer Sentiment Index, Libang Pharmaceuticals / Hygon Chip Zheng / White Pigeon Online grey market
In terms of economic data,The U.S. will release the final reading of the University of Michigan's consumer sentiment index for June at 22:00 ET.
In terms of new stocks, $Libang Pharma-B (09637.HK)$ 、 $Haiguang Xinzhen (01191.HK)$ 、 $White Dove Online (02672.HK)$ will commence grey market trading at 16:15.
For a new week, wish all fellow investors successful investments!
Stay ahead of major financial events and spot investment opportunities early! Open Futubull > Market > US Stocks > Economic Calendar / Featured Macro Data to get a head start on your investments!
![Overview of Key Events for the New Week US May PCE price index and Q1 real GDP data On Thursday, June 25, the US will release the May PCE price index. Markets expect core PCE to rise 0.3% month-over-month and increase year-over-year from 3.3% to 3.4%.If this PCE data comes in hotter than expected, it would reinforce the hawkish signals from the Federal Reserve’s June monetary policy meeting. On the same day, the US will release the final reading for Q1 2026 GDP. Markets expect the final annualized quarter-over-quarter figure to remain at 1.6%, while the year-over-year rate is projected to rise to 3.4%. The market anticipates that investments in AI-related infrastructure will have contributed significantly,with equipment spending expected to surge sharply in Q1, while consumer spending growth is forecast to slow. NVIDIA will hold its annual shareholder meeting [Share Link: NVIDIA (NVDA.US)]The 2026 Annual General Meeting will be held online at 9:00 a.m. Pacific Time on June 24 (12:00 a.m. Beijing Time on June 25). The meeting will focus onramping up production capacity for Blackwell and the new Vera architecture chips, progress in commercializing the AI ecosystem, and capital return plans for its substantial cash flow. Micron Technology will report earnings after the US market close on Wednesday [Share Link: $Micron Technology (MU.US)$]will release its latest earnings and guidance after the U.S. market close on Wednesday. According to FactSet data,The market expects Micron Technology’s adjusted earnings per share for the quarter to reach $20.70 (compared to $1.71 in the same period last year...](https://nnqimage.futunn.com/sns_client_feed/900104/20260621/700bdeab7725222e47ed614f8f9852f3.webp/big?area=1&is_public=true&imageMogr2/ignore-error/1/format/webp)
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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