News

Glonghui, June 17｜La-Z-Boy (LZB.US) surged 16% pre-market to $40.68. According to reports, La-Z-Boy's Q4 EPS reached 1.26, far exceeding market expectations of 0.82 (over 54% higher); revenue was $570 million, also slightly above expectations. The company simultaneously announced a $300 million share repurchase plan, directly boosting market confidence. In addition, the company's exit from some wholesale furniture businesses, combined with the expansion of retail stores, led to an increase in Q4 operating margin by 200 basis points to 7.2%.

BlockBeats News, June 17th, according to CryptoQuant analyst IT Tech data, the altcoin selling pressure on spot CEX has reached a five-year extreme level, with the spot market seeing net outflows for 15 consecutive months. The cumulative buying and selling volume difference of altcoins other than BTC and ETH has dropped to the deepest negative value since data has been available in 2020; this indicator had approached equilibrium in early 2025, then turned sharply negative again and continued to decline.

BlockBeats News, June 17th, according to Hyperinsight monitoring, an address on Hyperliquid went long on Micron Technology (某交易所) with 3x leverage, currently holding 25,241 MU in a long position, with a position value of approximately $26.7 million. The average entry price is $924.9, and the current unrealized profit has reached $3.42 million, making it the largest MU holding address on the platform. The data shows that MU on Hyperliquid is currently trading at $1062, with a trading volume of $178 million, making it the stock with the second highest trading volume on the platform after SPCX. During the pre-market trading session (16:00—) in the US stock market, MU has experienced a slight 1.1% pullback. Address: 0x9dcf1c87b82a35519a430457c1157f21e68f302d