Global Market: The three major U.S. stock indexes closed higher, the Nasdaq rose more than 1%, storage concept stocks surged, and San Disk rose more than 14%
1. The Nasdaq rose 1.29%, the S&P 500 rose 0.89%, and the Dow Jones Industrial Average rose 0.74%. 2. SanDisk rose by more than 14%, SK Hynix rose by more than 13%, Western Digital and Micron Technology rose by more than 12%, and Seagate Technology rose by more than 11%. 3. AMD rose more than 8%, ARM rose more than 7%, TSMC rose more than 5%, Oracle rose more than 4%, and SpaceX rose more than 3%.
U.S. stock market: The three major U.S. stock indexes closed higher on July 21. As of the close, the Dow Jones Industrial Average rose 385.38 points from the previous trading day to close at 52224.64 points, an increase of 0.74%; the S&P 500 stock index rose 65.92 points to close at 7509.2 points, an increase of 0.89%; the Nasdaq Composite Index rose 329.14 points to close at 25837.21 points, an increase of 1.29%. Large technology stocks generally rose, AMD rose more than 8%, ARM rose more than 7%, TSMC rose more than 5%, Oracle rose more than 4%, SpaceX rose more than 3%, Tesla rose more than 2%, and Nvidia rose nearly 2%. In terms of financial reports, Super Micro Computer surged 18% after the market closed. The company expects fourth-quarter revenue to be close to the bottom of the guidance range of US$11 billion to US$12.5 billion. The gross profit margin in the fourth fiscal quarter is expected to be 15%-17%, and the company originally expected 8.2%-8.4%. The fiscal year ended with a record backlog of orders, with more than $60 billion in new orders backlog recorded during the quarter. The storage sector rebounded strongly, with SanDisk rising over 14%, SK Hynix rising over 13%, Western Digital and Micron Technology rising over 12%, Seagate Technology rising over 11%, and Kioxia ADR rising over 17%. The optical communications sector rose across the board, with Coherent up over 11%, Lumentum up over 9%, Ciena up nearly 8%, Marvell Technology and Corning up over 6%, and Credo up over 5%. Most popular Chinese concept stocks fell, with the Nasdaq China Golden Dragon Index falling 0.68%. Tencent Holdings ADR and NetEase fell by more than 3%, Alibaba fell by nearly 2%, Baidu and Pinduoduo fell by more than 1%, and iQiyi rose by more than 1%. European stock market: All three major European stock indexes rose on July 21. The Financial Times' average price index of 100 stocks in the London stock market closed at 10585.91 points, an increase of 61.15 points or 0.58% from the previous trading day; the CAC40 index in the Paris stock market in France closed at 836 3.14 points, an increase of 23.03 points, or 0.28%, from the previous trading day; the DAX index of the Frankfurt stock market in Germany closed at 25011.35 points, an increase of 164.66 points, or 0.66%, from the previous trading day. Commodity market: International oil prices rose on July 21. As of the close of the day, the continuous contract of WTI crude oil futures on the New York Mercantile Exchange rose by $2.06 to close at $84.54 per barrel, an increase of 2.50%. The continuous contract of COMEX gold futures for the month rose by US$66.30, or 1.65%, to US$4,082.2 per ounce. The continuous contract of COMEX silver futures for the month rose by US$2.00, or 3.50%, to US$59.07 per ounce. Spot gold rose $70.04, or 1.75%, to $4,077.81 per ounce. Spot silver rose $2.39, or 4.24%, to $58.8 per ounce. U.S. Trade Representative hints at new tariffs coming soon CCTV reporters learned on the 21st local time that US President Trump will impose new tariffs on dozens of countries as soon as this week. U.S. Trade Representative Jamison Greer hinted in an interview that day that the U.S. federal government will soon introduce new tariff policies to replace the 10% global import tariff that is about to expire. Greer said he could not give a specific time for the introduction of the new tariff policy now, and the policy would need to be notified to Congress and other stakeholders before it is officially announced. Nvidia releases new details of Vera CPU, AI server market opens new battlefield On Tuesday (July 21), Nvidia announced more details about its data center CPU "Vera", including technical specifications, performance test results, chip architecture and other information to help potential customers fully evaluate the product. Nvidia said that Vera chips were delivered to customers including OpenAI, Anthropic, and SpaceX in June this year. Canadian Prime Minister: Will consider all options to deal with U.S. and Canadian tariffs
On July 21, local time, Canadian Prime Minister Mark Carney said that he had spoken with U.S. President Trump after the announcement of U.S. tariffs. Carney also said Canada would consider all response options if (new tariffs) take effect. The White House issued an announcement on the 20th that the United States would impose an additional 50% ad valorem tariff on some Canadian products in response to "Canada's discriminatory measures against the United States in the trade of automobiles and auto parts." A fact sheet released by the White House that day showed that the United States will impose tariffs on Canadian goods such as wine, hockey sticks and cement, even if these goods comply with the United States-Mexico-Canada Agreement. The White House stated that these tariffs are intended to offset the burden and disadvantages caused by Canada's discriminatory practices on U.S. business. The new tariffs will take effect on August 19, Eastern Time. Trump: US will take action if Houthis blockade Red Sea When U.S. President Trump met with visiting Lebanese President Aoun at the White House on the 21st, he stated that the United States would take action if the Houthi armed forces in Yemen block the Red Sea. When talking about the Houthi armed forces possibly blocking the Red Sea, Trump said that this has not happened yet. "If it does happen, we will take action and deal with it." Apple is revealed to be preparing to launch a "hardware leasing" plan to stimulate sales of iPhone and other products Well-known Apple whistleblower Mark Gurman posted that Apple is preparing to launch a device leasing program called Apple Upgrade, which will become one of the largest adjustments to the hardware sales model in the company's history. Gurman quoted people familiar with the matter as saying that the new service is planned to be launched on July 28 and will support most iPhone, Mac, iPad and Apple Watch models. Apple will partner with financial technology company Klarna Group plc, which will provide financial support for the initiative. Trump names Iran's Haoshan underground nuclear facility: A violent strike will be launched soon According to CCTV International News and other media reports, US President Trump told the media when he met with visiting Lebanese President Aoun at the White House on Tuesday that the United States will soon launch an attack on Iran's Haoshan underground nuclear facility south of Natanz, and the attack will be "very violent." When talking about the plan to prevent Iran from acquiring nuclear weapons that day, Trump claimed that the United States would soon strike at the underground facilities in Haoshan, and that it would strike very hard. Google updates lightweight Gemini model lineup, but flagship Pro release delayed Alphabet's Google released three lower-cost Gemini artificial intelligence models on Tuesday local time, but the company has not yet announced a specific release time for the flagship Gemini Pro model, which has been delayed for weeks. The new model lineup launched this time includes Gemini 3.6 Flash and Gemini 3.5 Flash-Lite, both of which are upgraded versions of existing lightweight models and are mainly targeted at application scenarios that do not require the most advanced AI capabilities. In addition, Google also released a new lightweight model Gemini 3.5 Flash Cyber, which is specially optimized for applications in the field of network security. Chen Liwu’s first order landed after taking office: Intel foundry won order for tower chips Intel, a well-known American semiconductor company, announced on Tuesday that it has reached a strategic cooperation with network security company Fortinet Information to jointly develop Fortinet’s next-generation security chip SP6. Public information shows that this cooperation is also the first time that Intel’s foundry business has confirmed signing contracts with external corporate customers since Chen Liwu, the current head of Intel, took office in March last year. US Defense Secretary: War against Iran has cost $37.5 billion CCTV reporters learned on the 21st local time that US Defense Secretary Hegseth said that the US war against Iran has cost US$37.5 billion so far, which is higher than previously announced estimates. Hegseth testified before the Senate Appropriations Committee that day to gain support for the $95 billion budget proposed by the Republicans. In addition to military spending, the package also includes agricultural aid and adjustments to election laws that are a priority for the White House.
On July 21, local time, Canadian Prime Minister Mark Carney said that he had spoken with U.S. President Trump after the announcement of U.S. tariffs. Carney also said Canada would consider all response options if (new tariffs) take effect. The White House issued an announcement on the 20th that the United States would impose an additional 50% ad valorem tariff on some Canadian products in response to "Canada's discriminatory measures against the United States in the trade of automobiles and auto parts." A fact sheet released by the White House that day showed that the United States will impose tariffs on Canadian goods such as wine, hockey sticks and cement, even if these goods comply with the United States-Mexico-Canada Agreement. The White House stated that these tariffs are intended to offset the burden and disadvantages caused by Canada's discriminatory practices on U.S. business. The new tariffs will take effect on August 19, Eastern Time. Trump: US will take action if Houthis blockade Red Sea When U.S. President Trump met with visiting Lebanese President Aoun at the White House on the 21st, he stated that the United States would take action if the Houthi armed forces in Yemen block the Red Sea. When talking about the Houthi armed forces possibly blocking the Red Sea, Trump said that this has not happened yet. "If it does happen, we will take action and deal with it." Apple is revealed to be preparing to launch a "hardware leasing" plan to stimulate sales of iPhone and other products Well-known Apple whistleblower Mark Gurman posted that Apple is preparing to launch a device leasing program called Apple Upgrade, which will become one of the largest adjustments to the hardware sales model in the company's history. Gurman quoted people familiar with the matter as saying that the new service is planned to be launched on July 28 and will support most iPhone, Mac, iPad and Apple Watch models. Apple will partner with financial technology company Klarna Group plc, which will provide financial support for the initiative. Trump names Iran's Haoshan underground nuclear facility: A violent strike will be launched soon According to CCTV International News and other media reports, US President Trump told the media when he met with visiting Lebanese President Aoun at the White House on Tuesday that the United States will soon launch an attack on Iran's Haoshan underground nuclear facility south of Natanz, and the attack will be "very violent." When talking about the plan to prevent Iran from acquiring nuclear weapons that day, Trump claimed that the United States would soon strike at the underground facilities in Haoshan, and that it would strike very hard. Google updates lightweight Gemini model lineup, but flagship Pro release delayed Alphabet's Google released three lower-cost Gemini artificial intelligence models on Tuesday local time, but the company has not yet announced a specific release time for the flagship Gemini Pro model, which has been delayed for weeks. The new model lineup launched this time includes Gemini 3.6 Flash and Gemini 3.5 Flash-Lite, both of which are upgraded versions of existing lightweight models and are mainly targeted at application scenarios that do not require the most advanced AI capabilities. In addition, Google also released a new lightweight model Gemini 3.5 Flash Cyber, which is specially optimized for applications in the field of network security. Chen Liwu’s first order landed after taking office: Intel foundry won order for tower chips Intel, a well-known American semiconductor company, announced on Tuesday that it has reached a strategic cooperation with network security company Fortinet Information to jointly develop Fortinet’s next-generation security chip SP6. Public information shows that this cooperation is also the first time that Intel’s foundry business has confirmed signing contracts with external corporate customers since Chen Liwu, the current head of Intel, took office in March last year. US Defense Secretary: War against Iran has cost $37.5 billion CCTV reporters learned on the 21st local time that US Defense Secretary Hegseth said that the US war against Iran has cost US$37.5 billion so far, which is higher than previously announced estimates. Hegseth testified before the Senate Appropriations Committee that day to gain support for the $95 billion budget proposed by the Republicans. In addition to military spending, the package also includes agricultural aid and adjustments to election laws that are a priority for the White House.