To further reduce dependence on Microsoft, OpenAI has listed Google as a cloud partnerIs TACO still testing? Trump played a "fire Powell" exercise with the marketJensen Huang Exchange Meeting 15,000-word Transcript: Discussing China-US Chips, H20, CUDA Compatibility, Extremely High Information ContentInflation concerns weaken interest rate cut expectations, U.S. stock futures decline, European stocks open lower collectively, ASML plummets 6% after earningsFederal Reserve Vice Chairman Williams: Tariffs are beginning to affect commodity prices, and the restrictive policy stance is entirely appropriateFederal Reserve's Bostic: Inflation pressures intensify, supports keeping interest rates unchangedWall Street defends Powell! CEOs of major banks speak out: The independence of the Federal Reserve is the cornerstone of market confidenceBreakfast FM-Radio | July 17, 2025Firing Powell? Trump's TACO deal resurfaces, causing significant turbulence in US stocks, the dollar, and gold pricesReminder: Please pay close attention to the following (all in Beijing time)Interest rate cut expectations dampened! The Beige Book states that the U.S. economy shows slight improvement but inflation resurfacesTesla's amendment to its bylaws to limit shareholder lawsuits has been fiercely criticized by New York state officialsThe U.S. Treasury yield curve steepens, with reports that Trump will fire PowellElon Musk's xAI is negotiating the leasing of a data center in Saudi Arabia, seeking to expand with cheap energyTop 20 trading volumes in U.S. stocks on July 16: ASML warns it may not achieve growthNVIDIA CEO Jensen Huang further reduced his holdings, cashing out $38 millionBitcoin, Ethereum, XRP, Dogecoin Bounce Back As Bulls Take Control Again?Why Nvidia's China Comeback Could Propel Its Stock To New HeightsWhite House National Economic Council Director Hassett emerges as the top contender to succeed Powell, fully supporting Trump's economic agendaWhat's Going On With Tesla Stock On Wednesday?Alphabet Has Assets, Corporate Culture To Drive Valuation Higher, Says Bullish AnalystTrump claims to send tariff letters to more than 150 countries, previewing the achievement of some trade agreements, specifically mentioning IndiaWhy Circle Internet Stock Jumped 17% TodayASML（Minutes）: Committed to enhancing equipment efficiency rather than increasing equipment quantityEyeing Office? OpenAI is reported to be developing a ChatGPT agent feature, challenging Microsoft's dominance in office softwareBetter Artificial Intelligence (AI) Stock: D-Wave Quantum vs. NvidiaStocks of tech giants such as NVIDIA, Meta, Alphabet, and Microsoft will face a significant challengeTrump denies media reports about firing Powell, U.S. Treasury yields and gold prices retreat, and the dollar's decline narrowsAnother veteran from Alibaba leavesThe yield curve for U.S. 5/30-year Treasury bonds has reached its widest since October 2021, with the risk of Trump dismissing Powell stirring the nerves of bond investorsReport: Trump asks Republican lawmakers whether Powell should be dismissed and has drafted a termination letterGold prices rose 1.3%, hitting a daily high, with reports suggesting that Trump may immediately dismiss Powell, who will be "interviewed" on WednesdayMeta CEO Mark Zuckerberg may testify in the $8 billion Facebook privacy lawsuitPrivate equity "grassroots leader" Chen Yu voices: The starting point of a 30-year super bull market is imminent, and there are "lying down to earn" opportunities even in a sideways marketReport: Trump seeks opinions from Capitol Hill on the intention to dismiss PowellLABUBU has been a global bestseller for half a year, has POP MART reached an emotional turning point?The six major banks have all gathered at AIC, and PSBC has invested 10 billion to establish China Post InvestmentMeituan's Wang Puzhong talks about the takeaway war: After four months of calling for action, the industry is still in an irrational state