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BlockBeats News, June 11th, according to public data statistics, the performance of the Nasdaq ETF (QQQ) in the 4 trading days before and after the IPO of large tech companies and the following 20 trading days after listing is not stable, showing a significant differentiation overall. There were significant differences in trends around the IPO window in different cases: Companies such as Facebook, Snowflake, Airbnb, and an exchange mostly recorded positive returns in the 20 days after listing, while Uber, certain stages of Alibaba, Arm, and others showed weaker performance or significant volatility. Among them, current simulated IPO window data for SpaceX shows that the cumulative return in the first 4 days is approximately -6.3%, exhibiting a significant downward trend, weaker than some historical samples. It appears more like a catalyst for deleveraging crowded positions rather than following a "definite IPO price drop" rule. Analysis believes that these statistics are more akin to a comparison of "emotional and fund behavior distribution" rather than a fixed rule. The market does not follow a linear pattern of "IPO window leading to a rise," as different companies experience significant differentiation based on valuation, market environment, and liquidity cycles.

BlockBeats News, June 11th, Brett Matsumoto, nominee for Commissioner of the U.S. Bureau of Labor Statistics, stated during a Senate confirmation hearing that no evidence of employment data manipulation or "falsification" had been found during his tenure, indirectly refuting previous controversies surrounding U.S. official statistics. Earlier, former President Trump dismissed Bureau of Labor Statistics Commissioner Erika McEntarfer over a weak employment report and accused the related data of "artificial manipulation" without providing evidence, causing public concern. During the hearing, Matsumoto stated that some significant data revisions may stem from technical factors and do not support allegations of "data falsification." He emphasized that if confirmed, he would be dedicated to upholding the professionalism and independence of the Bureau of Labor Statistics, ensuring that data is released on time and in compliance with the law. At the same time, he pointed out that the agency is facing structural challenges such as funding constraints and declining survey response rates, which may affect the quality of future statistical data. He warned that the survey-based statistical system is facing long-term sustainability pressures and advocated for the introduction of additional data sources and technological tools (including business payroll data and artificial intelligence tools) to enhance statistical reliability. The nomination is currently pending further review and confirmation by the Senate.

On June 11, the South Korean KOSPI index opened down 225.62 points, a decrease of 2.92%, reporting at 7505.2 points. The Nikkei 225 index opened down 737.82 points on June 11, a decrease of 1.15%, reporting at 63441.45 points. (Jin Shi)