The three major U.S. stock indexes fell collectively, the Nasdaq fell more than 1%, and international oil prices surged
On Monday Eastern Time, the three major U.S. stock indexes collectively fell. As of press time, the Dow fell 0.36%, the Nasdaq fell 1.40%, and the S&P 500 fell 0.69%.
On Monday Eastern Time, the three major U.S. stock indexes collectively fell. As of press time, the Dow fell 0.26%, the Nasdaq fell 1.36%, and the S&P 500 fell 0.67%. U.S. storage concept stocks generally fell, with SK Hynix falling by more than 7%, Micron Technology falling by more than 5%, SanDisk falling by more than 11%, Western Digital falling by more than 6%, and Seagate Technology falling by more than 6%. Apple shares rose slightly, hitting a new all-time high. In the commodity market, international oil prices have surged. As of press time, WTI crude oil futures rose by more than 7% to US$76.6 per barrel. Brent crude oil futures prices rose 6.6% to US$81.07 per barrel. Trump: "We're taking over the Strait of Hormuz and Iran has nothing" On July 13, local time, U.S. President Trump said, “We want to take over the Strait of Hormuz, and Iran has nothing.” Iranian Foreign Minister Araghchi posted on social platforms on the 13th that Iran will continue to negotiate with Oman at the political and technical levels regarding the management of the Strait of Hormuz and ship passage. Iran's Persian Gulf Straits Authority stated on social platforms that day that due to the recent "hostile actions" of the US military, the Strait of Hormuz is currently impassable. US military says it launches new round of strikes against Iran The U.S. Central Command posted on social media on the 12th that at 17:00 Eastern Time on the 12th, the U.S. military began to launch a new round of strikes against Iran, aiming to "continue to weaken its ability to attack merchant ships in the Strait of Hormuz." This is the fourth time the US military has launched an attack on Iran this week. Increase the interest rate that was lowered last year? Federal Reserve mouthpiece: Warsh faces his first major decision in office! At last month's first interest rate meeting since Warsh took over as Fed chairman, the Fed unanimously voted to keep interest rates unchanged. It was actually not difficult to reach this consensus at that meeting - because almost no one within the FOMC wanted to make immediate adjustments. However, according to Nick Timiraos, a well-known reporter known as the "New Federal Reserve News Agency", in the next few weeks, it will become more difficult for Warsh to maintain this consensus. Wall Street can’t digest it anymore? AI super giant’s “bottomless pit” of debt is facing a sharp fall in response Wall Street is sending an almost pleading signal to the tech giants caught up in a historic debt issuance frenzy to attract money to invest in artificial intelligence infrastructure: For God’s sake, please slow down... The latest signs show that in the past few weeks, the investment-grade corporate bond market has gradually begun to struggle to digest the combined US$75 billion in bond issuance by Nvidia, SpaceX and Amazon. Korean stocks fell to circuit breaker again! Regulators issue warning again, calling on asset management companies to strengthen ETF management The head of South Korea's financial regulator on Monday urged major asset managers to better protect financial consumers amid rising market volatility, calling on the companies to ensure the accuracy of investment information when promoting such products. At a meeting with the heads of major asset management companies, Lee Chan-jin, president of the Financial Supervisory Service (FSS) of South Korea, said that as the size of the exchange-traded fund (ETF) market has almost doubled this year, the role and responsibility of asset management companies in selling and managing ETFs is becoming increasingly important. The Strait of Hormuz is closed again. Ministry of Foreign Affairs: Free passage of the Strait is in the interests of all parties On July 13, Foreign Ministry Spokesperson Lin Jian hosted a regular press conference. A reporter from RIA Novosti asked: Because of the renewed war between the United States and Iran, yesterday Iran announced the closure of the Strait of Hormuz. The Persian Gulf Straits Management Authority said earlier this week that Iran would review ship transit requests. What is the Foreign Ministry’s comment on this? Jen-Hsun Huang personally stepped out to protect Nvidia: shattering triple negative rumors and embracing more value investors Faced with endless negative rumors in the market, Nvidia CEO Huang Jenxun and all senior executives went to the road show to fight back strongly, and produced solid data and product planning to prove that Nvidia's growth is far from the end. Recently, NVIDIA CEO Jen-Hsun Huang attended Morgan Stanley's closed-door non-deal roadshow in California with his CFO and core executives, and faced four major questions that have emerged in the market recently: new product delays, self-developed ASICs eating into share, peaking growth, and a single customer structure. Meta continues to increase investment in AI infrastructure, investing an additional US$40 billion in its largest data center project
On Monday, technology giant Meta announced that it would invest an additional $40 billion to expand the company's Louisiana data center to bring its computing power capacity to 5 gigawatts (GW). Meta wrote in a press release that the newly announced data center expansion project will result in a local investment of more than $50 billion. Previously, the company had announced that it would invest US$10 billion in the data center and surrounding communities. AI demand spreads to mature processes. TSMC plans to increase its quotation, which is expected to take effect in January next year. According to foreign media reports, TSMC plans to increase its quotations for mature processes. Many IC design companies revealed that they have received notices from TSMC. As for the increase, it will vary according to each manufacturer and each product line. It will be finalized in the fourth quarter and is expected to take effect in January next year. The increase is currently estimated to be around single digit percentage. This is the first time in more than three years that TSMC has raised its quotations for mature processes. Does SpaceX have other plans for going public? Senior analyst: Retail investors will lose all their money and it is only worth $30 per share! SpaceX shares have fallen about 28% from their post-Epic IPO closing high of over $200, prompting veteran investor George Noble to reiterate his bearish stance and warn that the stock will face a wave of insider selling in the coming months and is actually worth just $30 a share. Found the reason why SK Hynix plummeted 15%? South Korean brokerage said Q2 profits may be "less than expected" On Monday, the share price of South Korean memory chip giant SK Hynix plunged more than 15%, dragging the South Korean stock market to a circuit breaker again and causing a collapse in Asian storage stocks. A report released today by South Korea's local securities firm Korea Investment Securities (KIS) is regarded as the trigger for the sharp decline in SK Hynix's stock price. In its latest report, KIS predicted that SK Hynix’s operating profit in the second quarter of this year will be slightly lower than market expectations.
On Monday, technology giant Meta announced that it would invest an additional $40 billion to expand the company's Louisiana data center to bring its computing power capacity to 5 gigawatts (GW). Meta wrote in a press release that the newly announced data center expansion project will result in a local investment of more than $50 billion. Previously, the company had announced that it would invest US$10 billion in the data center and surrounding communities. AI demand spreads to mature processes. TSMC plans to increase its quotation, which is expected to take effect in January next year. According to foreign media reports, TSMC plans to increase its quotations for mature processes. Many IC design companies revealed that they have received notices from TSMC. As for the increase, it will vary according to each manufacturer and each product line. It will be finalized in the fourth quarter and is expected to take effect in January next year. The increase is currently estimated to be around single digit percentage. This is the first time in more than three years that TSMC has raised its quotations for mature processes. Does SpaceX have other plans for going public? Senior analyst: Retail investors will lose all their money and it is only worth $30 per share! SpaceX shares have fallen about 28% from their post-Epic IPO closing high of over $200, prompting veteran investor George Noble to reiterate his bearish stance and warn that the stock will face a wave of insider selling in the coming months and is actually worth just $30 a share. Found the reason why SK Hynix plummeted 15%? South Korean brokerage said Q2 profits may be "less than expected" On Monday, the share price of South Korean memory chip giant SK Hynix plunged more than 15%, dragging the South Korean stock market to a circuit breaker again and causing a collapse in Asian storage stocks. A report released today by South Korea's local securities firm Korea Investment Securities (KIS) is regarded as the trigger for the sharp decline in SK Hynix's stock price. In its latest report, KIS predicted that SK Hynix’s operating profit in the second quarter of this year will be slightly lower than market expectations.