Late at night, storage giants surged; US-Iran negotiations reappeared in "Rashomon"; the world's oil valve almost came to a standstill
[Dahe Finance Cube News] On Friday (July 10), most European and American stock markets closed higher, with large technology stocks gaining strength. Although the geopolitical risks between the United States and Iran and the high debt of AI giants have caused market concerns about sustainability, investors still tend to believe that the conflict will be controllable and resolved. Coupled with the long-term logical support of the Federal Reserve's reform expectations and AI computing power infrastructure, the overall market sentiment remains optimistic. The three major U.S. stock indexes closed slightly higher, with the Dow Jones Industrial Average rising 0.29%, the S&P 500 Index rising 0.42%, and the Nasdaq Composite Index rising 0.29%.
[Dahe Finance Cube News] On Friday (July 10), most European and American stock markets closed higher, with large technology stocks gaining strength. Although the geopolitical risks between the United States and Iran and the high debt of AI giants have caused market concerns about sustainability, investors still tend to believe that the conflict will be controllable and resolved. Coupled with the long-term logical support of the Federal Reserve's reform expectations and AI computing power infrastructure, the overall market sentiment remains optimistic. The three major U.S. stock indexes closed slightly higher, with the Dow Jones Industrial Average rising 0.29%, the S&P 500 Index rising 0.42%, and the Nasdaq Composite Index rising 0.29%. This week, the Dow fell 0.5%, the S&P 500 rose 1.23%, and the Nasdaq rose 1.74%. Most large technology stocks rose, with the Wind US Technology Big Seven Index rising 1.14%; in terms of individual stocks, Facebook rose nearly 6%, Nvidia rose more than 4%, Tesla rose 0.30%, Microsoft rose 0.19%, Amazon fell 0.69%, Google fell 0.48%, and Apple fell 0.28%. Chip stocks were mixed, with the Philadelphia Semiconductor Index up 0.06%, Nvidia up more than 4%, Applied Materials up more than 2%, and AMD Semiconductor up more than 2%. SK Hynix ADR closed up nearly 13% on its first day of listing on the US stock market, with a market value of US$1.23 trillion. In terms of decline, Marvell Technology fell by more than 3%, Intel fell by more than 2%, and Micron Technology fell by more than 1%. Chinese concept stocks had mixed gains and losses, with the Nasdaq China Golden Dragon Index falling 0.23% and the Wind China Concept Technology Leading Index falling 0.11%. In terms of popular Chinese concept stocks, Kingsoft Cloud rose more than 4%, Miniso rose more than 2%, Zai Lab rose more than 2%, Beike rose more than 2%, and JD.com rose more than 1%. In terms of decline, Qifu Technology fell by more than 11%, NetEase fell by more than 4%, BOSS Directly fell by more than 3%, and Pony.ai fell by more than 2%. In terms of individual stocks, industry sources revealed that Samsung Electronics Chairman Lee Jae-yong is expected to go to the United States later this month to meet with Nvidia CEO Jensen Huang. The two parties plan to further expand areas of cooperation around South Korea's ambitious semiconductor and artificial intelligence investment plans. SK Hynix CEO Guo Luzheng said that the current shortage of memory chips affecting the computer, automobile and consumer electronics markets will most likely continue after 2030. Customers are signing long-term contracts precisely because they assume shortages will last longer. Large-scale purchases by data center operators have not only boosted demand for conventional storage chips, but also greatly increased the market popularity of high-bandwidth storage (HBM) adapted to AI systems. This rush to buy has further squeezed the supply space of general-purpose memory chips, leading to supply gaps in computers, mobile phones, automobiles and other fields. Tesla CEO Musk recently stated that the goal is to send the first batch of supplies to the moon and Mars by the end of this year to start building bases. He hopes to send humans to the moon and Mars within the next five years, and to send tens of thousands of people to lunar bases within a decade. Musk also said that SpaceX will launch the first batch of artificial intelligence satellites next year and deploy them on a large scale within the next two years. Trump says Iran wants talks to continue, Iran's foreign ministry denies On the 10th, US President Trump issued a statement on his personal social media platform "Real Social", clarifying that the United States will continue to negotiate with Iran, but "the ceasefire has ended." Trump posted on his personal social media platform According to Trump, it was Iran’s request to continue negotiations with the United States, and the United States agreed. But Trump also told Iran that "the ceasefire is over." But later on the 10th, Iranian Foreign Ministry spokesperson Bagaei denied Trump’s statement that “Iran’s request to continue negotiations with the United States”. Bagaei said that Iran has never asked for negotiations with the United States, but Iran agreed to the mediator's visit to Iran. In addition, Bagaei also accused the United States of repeatedly violating its commitments in the memorandum of understanding. Bagaei said that US breach of contract has become a habit. It has only been 22 days since the signing of the Iran-US memorandum of understanding, but the United States has continued to violate different provisions of it. "In this memorandum of 14 articles, the United States violated many of its contents under various excuses." Navigation volume in the Strait of Hormuz plummets, and the world's oil valve comes to a standstill The UK-based Wynward Maritime Analysis Company released a report on the 9th saying that due to the continued exchange of fire between the United States and Iran, navigation volume in the Strait of Hormuz has dropped sharply, and merchant ship traffic leaving the Persian Gulf through the strait has basically come to a standstill.
The report said that navigation traffic in the Strait of Hormuz has experienced significant fluctuations in recent days. A total of 51 passages were recorded in the Strait of Hormuz on the 7th, and the number of ships leaving the Persian Gulf surged to 35; 35 passages were recorded on the 8th, and only two of the 18 departures departed through the southern channel, indicating that after the attack the previous night, ship operators chose to avoid the channel near Oman; from the night of the 8th to the early morning of the 9th, only 5 passages were recorded in the Strait of Hormuz, and only one vessel left the Persian Gulf. [Dahe Finance Cube comprehensive CCTV news, CCTV Finance, Wind news] (
The report said that navigation traffic in the Strait of Hormuz has experienced significant fluctuations in recent days. A total of 51 passages were recorded in the Strait of Hormuz on the 7th, and the number of ships leaving the Persian Gulf surged to 35; 35 passages were recorded on the 8th, and only two of the 18 departures departed through the southern channel, indicating that after the attack the previous night, ship operators chose to avoid the channel near Oman; from the night of the 8th to the early morning of the 9th, only 5 passages were recorded in the Strait of Hormuz, and only one vessel left the Persian Gulf. [Dahe Finance Cube comprehensive CCTV news, CCTV Finance, Wind news] (