Understanding the Market | Gold stocks collectively decline as the Federal Reserve remains inactive; Citigroup predicts gold prices will fall below $3,000JP Morgan Expert Interview: Is there "overcapacity" in AI data centers? How to deploy training and inference infrastructure?Under the dual pressure of high inflation and economic slowdown, the Bank of England is expected to remain steady tonightMing-Chi Kuo: Apple plans to launch a "high-end" priced foldable iPhone starting next yearDaily Hong Kong Stock Market News Briefing (June 19, Thursday)Morgan Stanley: CPO technology is ushering in development opportunities, with Broadcom, NVIDIA, and others expected to benefitCITIC Securities Co., Ltd.: It is expected that the Federal Reserve may cut interest rates again at the September monetary policy meetingThe price war among AI giants intensifies: OpenAI starts discounting ChatGPT Enterprise Edition, Microsoft finds itself in a passive positionWhat changes are there in the full comparison with the Federal Reserve's June meeting statement?On fire! Circle rises another 30%, up 6 times in 10 days since its listing"Layoff Wave" Sweeps Through Major U.S. CompaniesIt is reported that Meta is in talks to hire former GitHub CEO to join its artificial intelligence projectBreakfast | The Federal Reserve still expects to cut interest rates twice this year, and Powell stated that inflationary pressures have risen significantly; U.S. media reports that Trump has approved an attack on Iran but has not yet given the final orderApple executives express intention to use artificial intelligence to accelerate chip designMing-Chi Kuo: Apple's foldable iPhone is expected to start production at the end of Q3 or the beginning of Q4AI precision oncology platform Caris Life Sciences raised $494 million, soaring 33% on its first day of trading on the US stock marketMinsheng Securities: How much longer will the Federal Reserve have to wait to cut interest rates?It is reported that Microsoft plans to lay off thousands of employees primarily in sales positions to balance AI investment expendituresBefore the Federal Reserve's interest rate decision, U.S. stock index futures rose slightly. Iran released negotiation signals, and oil prices fell but remained close to a 5-month highReminder: Please pay close attention to the following (all times are in Beijing time)The Federal Reserve remains steady, with risks of stagnation in economic and inflation expectationsApple's Foldable iPhone May Arrive In 2026 With Premium Pricing, Sleek Design In FocusTop 20 trading volumes in US stocks on June 18: Amazon admits it may use AI to reduce the company's workforceEmerging market assets decline as Powell hints at worsening U.S. inflationThe Federal Reserve continues to hold steady, stating that uncertainty has decreased but remains high, still expecting two rate cuts this year, indicating an increased risk of stagflationPowell's hawkish speech causes U.S. stocks to turn down during trading, while the daily gains in U.S. Treasuries narrow and gold declines furtherU.S. stock and bond prices, Powell is holding a press conferenceSoFi Technologies Stock Is Surging Wednesday: What's Going On?Powell: Tariffs may drive up prices in the United States. The impact of tariffs on inflation may be more persistent. Adjustments to trade policy and fiscal policy remain uncertainThe yield on the U.S. two-year Treasury bond briefly plunged about 5 basis points, hitting a daily low of nearly 3.88%, after the Federal Reserve released its June decision statement, lowering the 2025 U.S. GDP forecast and raising inflation expectationsAnother public fund "specialist" has left, the chairman of Bank of China Fund announced his departure after eight yearsDoubao wildly adds product features, the AI battlefield remains unclearWall Street Rises Ahead Of Fed, Payment Stocks Fall On Stablecoin Bill: What's Driving Markets Wednesday?Alibaba's High-Speed Comeback: The AI-Commerce Cocktail Lifting ETF HopesThe Bank of Canada warns about the risks of inflation rebound and the impact of tariffsAmazon's Powerful AWS Custom Chip To Get An Upgrade - Why Is It Important?