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BlockBeats News, June 1st, "Stock God" Serenity posted, stating that the recent downturn in the photonics sector was mainly due to "follow-the-leader" algorithmic trading on a leading exchange. Looking at the stock performance of laser and optoelectronic module companies such as AAOI and Sivers, market sentiment was largely influenced by the trend of Coherent (LITE), rather than changes in individual stock fundamentals. It pointed out that although the fundamentals of some companies have continued to improve, such as Applied Optoelectronics (AAOI) with progress in business related to clients like AMD and NVIDIA, their high Beta nature made them more vulnerable to algorithmic selling during an industry-wide adjustment. Serenity also revealed that Sivers may announce more optoelectronic module customer collaboration information in the future. Serenity stated that it does not recommend participating in short-term trading with violent fluctuations of 20%-30% in such individual stocks but rather prefers to hold long-term positions in core beneficiary companies in the photonics industry chain. This is because of their optimism regarding the exponential growth prospects of the industry's Total Addressable Market (TAM).

With the completion of the aerospace business spin-off, Honeywell Technology and Honeywell Aerospace will become two independent publicly listed companies on June 29, 2026.

BlockBeats News, June 1st, according to Fortune analysis, if Musk pushes for a SpaceX and Tesla merger, the new company's valuation could reach around $34 trillion, with SpaceX valued at approximately $17.5 trillion and Tesla at about $16.5 trillion. This would become the largest M&A deal in history, nearly three times the size of the current largest deal. However, the financial rationale of this deal is being questioned. The analysis suggests that SpaceX would need to issue new shares equivalent to about 94% of its current shares to complete the acquisition. Additionally, Tesla's profitability has significantly declined in recent years, with its GAAP net income dropping from $15 billion in 2023 to around $3.9 billion, and its core operating profit, excluding regulatory credits and Bitcoin gains, is only about $2.3 billion. The report suggests that this move is more like using the market's high valuation expectations for a SpaceX IPO to support Tesla, rather than being a merger driven by traditional financial metrics.