The three major U.S. stock indexes diverged in trend. The storage sector opened higher and moved lower. International oil prices plummeted
On Monday Eastern Time, the trends of the three major U.S. stock indexes were divergent. As of press time, the Dow rose 0.37%, the Nasdaq fell 0.22%, and the S&P 500 fell 0.06%.
On Monday Eastern Time, the three major U.S. stock indexes had divergent trends. As of press time, the Dow rose 0.17%, the Nasdaq fell 0.62%, and the S&P 500 fell 0.32%. Large technology stocks had mixed gains and losses, with Microsoft rising by more than 2%, Apple rising by more than 1%, Nvidia falling by more than 5%, and AMD falling by more than 8%. The storage sector opened higher but moved lower. As of press time, Micron Technology fell 5.4%, SK Hynix fell 9.9%, SanDisk fell 11.2%, Western Digital fell 5.1%, and Seagate Technology fell 5.9%. Popular Chinese concept stocks rose. The Nasdaq China Golden Dragon Index rose by more than 2%, Bilibili rose by more than 4%, NetEase rose by more than 4%, and Alibaba rose by more than 1%. In the commodity market, international oil prices have plummeted. As of press time, WTI crude oil futures fell more than 6% to US$83.66 per barrel. The Federal Reserve decision is coming this week! There is a high probability that the policy will remain unchanged, but the risk of unexpected interest rate hikes cannot be ignored? The Federal Reserve will hold an interest rate meeting on July 28 and 29. Investors generally expect the central bank to hold steady at this week's meeting and raise interest rates at the September meeting. However, some Wall Street analysts pointed out that the interest rate hike may come much earlier than expected. Neil Dutta, chief economist at Renaissance Macro Research, believes the market may encounter an unexpected interest rate hike at this week's Federal Reserve meeting. The United States announced that it plans to investigate and impose sanctions on Chinese artificial intelligence companies. The Ministry of Commerce responded. Q: Recently, some senior U.S. officials have publicly stated that they will investigate Chinese artificial intelligence companies for allegedly "distilling" U.S. cutting-edge models, and may sanction Chinese companies for "stealing U.S. intellectual property." What is China’s comment on this? A: We have noticed the relevant situation. China has always opposed the United States' politicization and instrumentalization of science, technology, economic and trade issues, and its use of various groundless reasons to stigmatize Chinese companies and impose sanctions. US media revealed the reason why Trump suspended air strikes on Iran: not enough missiles! US: Ceasefire brokered by Oman U.S. military casualty statistics updated on July 26, local time, by the "Defense Casualty Analysis System" website affiliated with the U.S. Department of Defense show that since the United States and Israel jointly launched a large-scale military operation against Iran on February 28, the cumulative number of U.S. military casualties has reached 642, including 18 deaths. Waltz, the U.S. Permanent Representative to the United Nations, said in an interview with U.S. media on July 26 that U.S. President Trump has suspended military strikes against Iran to "leave more space for diplomatic negotiations." Warsh wants to use the "Five Working Groups" to cut interest rates and reform the Federal Reserve? Goldman Sachs explains in detail: It’s hard to do so! Federal Reserve Chairman Kevin Warsh's new task force is likely to recommend only incremental adjustments to U.S. monetary policy rather than comprehensive reforms, according to a report from Goldman Sachs, which expects broad consensus within the central bank to limit the scope of reforms. The report stated that these five working groups are respectively responsible for the Federal Reserve’s external communication mechanism, balance sheet, data collection, artificial intelligence (AI) and productivity, and inflation framework, and will reshape the Federal Reserve through these five dimensions. Houthi armed forces attacked three Saudi oil tankers in 48 hours, traffic volume in the Bab el-Mandeb Strait fell to the lowest in months Ship traffic in the Bab el-Mandeb Strait fell on Sunday after Yemen's Houthi rebels attacked Saudi oil facilities on the Red Sea coast, data from shipping tracker Kpler showed on Monday. Meanwhile, navigation traffic in the Strait of Hormuz remained low throughout the weekend. Data showed that just 11 commodity ships passed through the Bab el-Mandab Strait on Sunday, the lowest level in months. Samsung Electronics, SK Group sign deal worth $950 billion with major U.S. technology companies Over the weekend, South Korea announced a new round of artificial intelligence cooperation plan with a total scale of US$950 billion, with participants including Samsung Electronics, SK Group and a number of American technology companies. Currently, the world's leading artificial intelligence companies are competing for higher-performance chips to alleviate the problem of insufficient supply of chips required for the development and operation of advanced artificial intelligence systems. Nvidia plans to provide $250 billion in financing guarantees for OpenAI data centers
Nvidia plans to provide OpenAI with a huge financing guarantee to further bind the AI (artificial intelligence) infrastructure of both parties. On July 26, local time, foreign media reported that Nvidia plans to provide approximately US$250 billion in financing guarantees for the large-scale data center being built by OpenAI to support the latter’s leasing of a 10-gigawatt (GW) giant data center park in southern Ohio, USA. The data center project is developed by the energy subsidiary of Japan’s SoftBank Group. Tesla’s Optimus project has been “cold water poured on” by well-known investors: it will not generate revenue in the short term Tesla CEO Musk calls the humanoid robot the company's "most important product ever." However, a well-known American investor recently warned that it may take a long time for Musk to achieve commercial success of Tesla Optimus robot, because it is not only difficult to manufacture, but also unlikely to bring in revenue in the short term. SpaceX short-selling ratio soars to 32%, Musk warns short sellers More than a month has passed since the initial public offering of Musk's space exploration technology company SpaceX. The stock price has fallen below the issue price, and investors are betting that its stock price will fall. Data shows that the current short position of SpaceX has risen to approximately 32% of the outstanding shares. In this regard, Musk warned that institutions that maintain large-scale short positions in SpaceX for a long time have a "very low probability of survival." The 74 trillion selling pressure alarm has been lifted! South Korea National Pension reversely adjusts positions and buys SK Hynix significantly As an important institutional investor in Korean stocks, South Korea’s public pension management institution, the National Pension Service (NPS) of South Korea, has ushered in a window period for position adjustment. However, the large-scale sell-off that the market feared did not occur. Pension institutions bucked the trend and made net purchases of Korean stocks, focusing on chip leader SK Hynix, while many Samsung Galaxy companies ranked at the top of the net selling list.
Nvidia plans to provide OpenAI with a huge financing guarantee to further bind the AI (artificial intelligence) infrastructure of both parties. On July 26, local time, foreign media reported that Nvidia plans to provide approximately US$250 billion in financing guarantees for the large-scale data center being built by OpenAI to support the latter’s leasing of a 10-gigawatt (GW) giant data center park in southern Ohio, USA. The data center project is developed by the energy subsidiary of Japan’s SoftBank Group. Tesla’s Optimus project has been “cold water poured on” by well-known investors: it will not generate revenue in the short term Tesla CEO Musk calls the humanoid robot the company's "most important product ever." However, a well-known American investor recently warned that it may take a long time for Musk to achieve commercial success of Tesla Optimus robot, because it is not only difficult to manufacture, but also unlikely to bring in revenue in the short term. SpaceX short-selling ratio soars to 32%, Musk warns short sellers More than a month has passed since the initial public offering of Musk's space exploration technology company SpaceX. The stock price has fallen below the issue price, and investors are betting that its stock price will fall. Data shows that the current short position of SpaceX has risen to approximately 32% of the outstanding shares. In this regard, Musk warned that institutions that maintain large-scale short positions in SpaceX for a long time have a "very low probability of survival." The 74 trillion selling pressure alarm has been lifted! South Korea National Pension reversely adjusts positions and buys SK Hynix significantly As an important institutional investor in Korean stocks, South Korea’s public pension management institution, the National Pension Service (NPS) of South Korea, has ushered in a window period for position adjustment. However, the large-scale sell-off that the market feared did not occur. Pension institutions bucked the trend and made net purchases of Korean stocks, focusing on chip leader SK Hynix, while many Samsung Galaxy companies ranked at the top of the net selling list.