Understanding the Market | Gold Stocks Continue to Decline as Rising Interest Rates Increase the Cost of Holding Gold; Wall Street Investment Banks collectively Lower Gold Price ExpectationsJefferies: Google's loss of AI talent is merely "noise," investment logic remains unchanged, maintaining a target price of $445Understanding the Market | Chip stocks rise across the board, reports indicate that Taiwan Semiconductor's advanced process foundry will raise prices across the board, with global wafer foundry revenue expected to increase by more than 20% this yearSG Morning Brief | SOX Plunges 8% as AI Memory Rout Deepens, Nasdaq -2.2%; Micron Reports TonightTesla is reportedly planning to launch a long version of the Model Y in the U.S. market to fill the gap left by the discontinuation of the Model XSouth Korean Stocks Open HigherZhitong Hong Kong Stock Early Knowledge | 40 cities selected for the automotive circulation consumption reform pilot, it is reported that WeChat Work, a subsidiary of Tencent, has begun internal testing of the agent "Dayuan"Gold Trading T+0: Dubai DGCX Launches Same-Day Settlement Gold Contracts to Consolidate Position as Global Precious Metals HubThe Trump administration pressures Meta to submit its AI models for safety reviewGoogle invests in independent film company A24Cerebras Systems Reports Q1 Revenue of $193.4 Million, Beating Analyst Estimates of $181.4 MillionReminder: Key Focus for the Day (All Times in Beijing Time)Oil prices retreat, weakening interest rate hike expectations; U.S. Treasury bonds rise; strong demand in two-year auctionZuckerberg bets on the prediction market track! Meta develops a new application "Arena" to compete with Kalshi and PolymarketMSCI Issues "Ultimatum": Will Consider Downgrading Indonesia's Rating If Insufficient Progress Is Made by NovemberIt's okay if the stock price falls; Tesla shareholders bet that the merger with SpaceX is Musk's ultimate scriptS&P Dow Jones Indices: Alphabet to be Added to the Dow Jones Industrial AverageOn June 24th, the top 20 trading volumes in the US stock market: Micron Tech plummeted 13% as investors sought safety, triggering a sell-off. The market is focused on the earnings report after the close on WednesdayCerebras Systems Reports Q1 Revenue of $193.4 Million, Beating Analyst Expectations of $181.4 Million. Q1 Hardware Revenue Was $110.6 Million, Cloud Revenue $82.8 Million. Full-Year Revenue Forecast at $855–865 Million vs. Analyst Expectations of $824.8 Million. Q2 Revenue Expected to Be Approximately $194 Million, Beating Analyst Expectations of $173.3 MillionThe enthusiasm for artificial intelligence themes has cooled, with NVIDIA, Micron, and AMD leading the decline in tech stocksBaird: Tesla's Q2 delivery volume is expected to reach 392,900, possibly merging with SpaceXMeta released a new pair of smart glasses, starting at a price of $299, with Zuckerberg continuing to invest in the wearable device marketWill the 'Warsh Put' Appear? Analysts: No, the Market Is Merely Repeating an Old FantasyUS Market Open: Nasdaq Falls 2.4%, Philadelphia Semiconductor Index Drops Over 7%, Micron Tech Slides About 11%, SpaceX Market Cap Falls Below $2 TrillionIn the era of artificial intelligence, Google's online dominance shows signs of looseningThe EU is reportedly set to escalate its investigation into Meta, accusing its products of causing addiction in childrenGoldman Sachs Warns of AI Bubble: The Entire Market Will Reprice When the First Giant Cuts SpendingOn June 22nd, Alibaba-W spent approximately USD 12.4985 million to repurchase about 952,500 sharesSell SpaceX, buy Tesla?On June 23rd, XIAOMI-W spent approximately HKD 193 million to repurchase 8.44 million sharesTesla's Texas crash into a residential home resulting in fatalities is under investigation by federal safety authoritiesThis $4 billion valued Indian startup received investment from Meta, but the founder has jumped to WhatsAppIt is reported that WeChat Work, a subsidiary of Tencent, has begun internal testing of the agent "Duan Yuan"On June 23rd, Tencent spent HKD 500.7 million to repurchase 1.19 million sharesTesla secures a $5 billion deal! Partnering with NatPower to deploy battery storage projects in EuropeETF Daily (06.23) | Non-Ferrous Metal ETF Faces Heavy Losses, Innovative Drug Sector Rises Against the TrendGoldman Sachs: Maintains Tencent Holdings Limited "Buy" rating with a target price of HKD 700Hong Kong Stock Market Closing (06.23) | Hang Seng Index closed down 1.82%, technology and non-ferrous stocks plummeted, innovative drug concept rose against the trendIndia's Nifty IT Index Down 28% YTD, Worst in 16 Years, Yet Largest Fund Is Buying the DipBroadband and utility engineering service provider ITG prices its US IPO at $19-22 per share, aiming to raise $400 millionAI Infrastructure Battle Heats Up: Qualcomm in Talks to Acquire AI Chip Firm Modular for $4 BillionETF Volatility | EFUND GOLD MI ETF fell over 5% as Fed rate hike expectations combined with Waller's hawkish statements, Goldman Sachs significantly lowered its gold price target"NVIDIA Challenger" Cerebras releases its first financial report after going public! Wedbush supports: any turning point will be a positive signalUnderstanding the Market | Hong Kong property stocks broadly decline as concerns over potential interest rate hikes in the U.S. resurface; Bank of America Securities predicts a slowdown in property price increasesGoldman Sachs: Downgrades the probability of a U.S. recession to 15%, expects the Federal Reserve will not raise interest ratesReport: General Motors and Tencent-backed Momenta will begin assessing investor interest in its Hong Kong IPOCountdown to Mass Production of Tesla Optimus 3: Suppliers Begin Stocking Up