Ant Group's Stablecoin Breakthrough: Integrating Circle's USDC Post-U.S. Compliance; Grok 4 Launches as World's Most Powerful AI Model | Today's Important News Recap

0710 Dolphin Research Key Focus:

🐬 Macro/Industry

1. U.S. President Trump issued a tariff letter to eight countries including Brunei, Algeria, Moldova, Iraq, the Philippines, Libya, Sri Lanka, and Brazil. Among them, the U.S. will impose tariffs of up to 50% on all Brazilian products, the highest level since the announcement of the new "reciprocal tariffs." Brazil is an important supplier of raw materials to the U.S., especially in the fields of steel and agricultural products. The increased tariffs may lead to higher import costs for the U.S., thereby affecting the competitiveness of related industries.

2. The latest version of the AI chatbot Grok 4 from xAI company has been officially released. At the launch event, Musk claimed that Grok 4 is the world's most powerful AI model, featuring multi-modal capabilities, faster reasoning abilities, and a deep understanding of internet culture. Its performance in handling academic issues has reached a doctoral level. The subscription fee for Grok 4 is $30/month, while the more powerful Grok 4 Heavy version costs $300/month, and Grok 3 remains free. Today, AI concept stocks are actively trading,

🐬 Individual Stocks

1. $Taiwan Semiconductor(TSM.US)

Taiwan Semiconductor Manufacturing Company announced its revenue for June 2025 was TWD 263.71 billion, a year-on-year increase of 26.9% but a month-on-month decrease of 17.7%. The cumulative revenue from January to June 2025 was approximately TWD 1.77305 trillion, a year-on-year increase of 40%. The company's quarterly revenue from April to June grew by 39%, exceeding expectations, indicating that the demand for AI chips still surpasses supply. The company maintains its outlook for a revenue growth of nearly 20% in 2025. Additionally, Taiwan Semiconductor Manufacturing Company recently confirmed that it will gradually exit the gallium nitride (GaN) wafer foundry business over the next two years.

2. $Microsoft(MSFT.US)

Microsoft announced a new layoff plan, expected to affect about 9,000 jobs, marking the company's second large-scale layoff this year. Meanwhile, Microsoft has saved over $500 million in costs at its customer service centers through AI tools and plans to invest $80 billion in AI infrastructure. The parallel of large-scale layoffs and AI investment indicates that Microsoft is actively positioning itself in the AI field while pursuing cost reduction and efficiency improvement to maintain its leading position in the technology industry.

3. $Circle(CRCL.US) $Ant Group Related(20044.HK)

According to market news, Ant Group plans to integrate its global platform with Circle's stablecoins (such as USDC). This move marks Ant Group's further expansion in the stablecoin field and reflects its strategic adjustment in the global fintech sector, which will help enhance its cross-border payment capabilities and service efficiency. However, it also needs to address the dual challenges of regulation and market competition.

🐬 Leading Sectors

Shanghai and Shenzhen: Diversified Support Services, Oil & Gas Exploration and Production, Real Estate Services;

Hong Kong Stocks: Research and Consulting Services, Tobacco, Agricultural Products;

U.S. Stocks: Residential Construction Companies, Silver, Marine Ports - Operators.

🐬 Focus for Tomorrow

1. None.

Risk Disclosure and Statement of this Article: Dolphin Research Disclaimer and General Disclosure