"The Anchor of Global Asset Pricing" is no longer asleep! The Federal Reserve's "Warsh Era" begins, reshaping the yield curve and the narrative of the "AI Bull Market."This week's outlook: The US-Iran agreement faces new uncertainties, and April's core PCE may see the largest increase in over two years. Can US stocks overcome the dual challenges of "inflation + geopolitics" after eight consecutive gains?从 Anthropic 收入爆增到 OpenAI 长期锁算力，AI 需求 “垂直爆发式” 增长，供应瓶颈无处不在Core member of Trump's economic "think tank," Hassett: Oil prices will drop significantly after the peace agreement is reached, and the Federal Reserve's interest rate cut window will reopen摩根大通中国峰会：将 “大消费” 作为 “AI 和机器人” 配置的资金来源Trading Reminder: U.S. stock markets will be closed on Monday in observance of Memorial DaySG Morning Brief | S&P Posts Eight-Week Win Streak, Dow Hits Record; US Markets Closed Today本周重磅日程：“美联储最爱通胀指标”、中国 PMI、拼多多小米财报减重效果堪比手术！礼来 RETA 成史上最强 “减肥神药”，“几年内肥胖将成为罕见病”？Trump Says US-Iran Deal Largely Agreed, Oil Prices Tumble as US Stock Futures and Gold RallyCITIC Construction Investment: NVIDIA FY27Q1 performance exceeds market expectations, optimistic about the AI industry chain and computing network constructionBreakfast | May 25, 2026Reminder: Key intraday events to monitor (all times in Beijing Time)什么情况下，本轮 AI 大行情会结束？“白宫股神” 推了 “最火的存储”！特朗普公开大赞美光ZhaoYin International: NVIDIA is transforming into a full-stack AI factory platform, with beneficiaries of global AI capital expenditure expansion including InnoluxJPMorgan CEO Dimon Acknowledges: AI Will Ultimately Reduce Banking Jobs商业承兑汇票猛增 727%，迪链 “大搬家”？重仓 AI 芯片还不够，韩国散户再获” 加速器”：个股杠杆 ETF 即将登场即便美伊协议快速达成，汇丰仍认为 “通胀影响持续存在，更多央行将加息”美银 Hartnett：这是自铁路泡沫以来最大的泡沫，但在抛售之前，请等待两件事发生厄尔尼诺现象下，哪些资产将受益？DingDong Awaits Integration into Meituan as Front Warehouses Continue to Drive Growth美股和美债的 “矛盾走势”，接下来谁会赢？Google appeals the search monopoly ruling, claiming to have "won fairly"美联储新主席宣誓！特朗普呼吁 “要遏制通胀，不要遏制伟大”，沃什表态要做格林斯潘沃什上任第一天，市场给个 “下马威”：预期今年加息！Is a "systemic change" coming to the Federal Reserve? Waller may reshape the $6.8 trillion balance sheet, and the market worries about the end of the "Federal Reserve put option" eraQualcomm Surges 12% to All-Time High as AI Terminal Device Wave Reshapes ValuationFed: No Compliance Deficiencies Found in Wall Street Banks' Living WillsSA Analyst Rating Adjustments: NVIDIA and Meta Rated Bullish, GoodRx DowngradedIt is reported that Apple, Sony, and Netflix are the most likely buyers of IMAX, analysts say that PE can avoid platform conflicts特朗普：告诉沃什放手去做，预计他是位伟大的美联储主席，希望他完全独立Bessent Addresses Possibility of Rate Cuts by Warsh, Says: He Will Do the Right ThingHOKA 的 DTC 又跑起来了Contrarian Sell Signal Triggered! Bank of America: US Stocks Exhibit Typical Signs of Peaking EuphoriaTraders fully price in expectations of a 25 basis point Fed rate hike this year as U.S. Treasuries and gold extend lossesGoogle and Blackstone join forces to create a new AI cloud powerhouse, investing $25 billion in the TPU ecosystemFed Governor Waller Turns Hawkish! Says Odds of Future Rate Hikes and Cuts Are Now "50-50"NVIDIA collaborates with Microsoft and Kawasaki Heavy Industries to jointly promote the implementation of physical AITesla recalls 14,575 Model Y vehicles in the U.S.: due to missing weight certification labels“咆哮年代” 回归！美银 Hartnett 警告：SpaceX 超级 IPO 将引爆史诗级泡沫Apple appeals to the Supreme Court in the Epic Games case, with App Store payment rules still unresolvedDr. Lisa Su: CPU demand far exceeds expectations, AMD accelerates chip production capacity in TaiwanNVIDIA and AMD have consecutively made purchases, and investment banks have raised their target prices! AI chips + optical interconnect leader Mellanox Technologies' financial report may trigger another round of AI frenzyAnother "Tesla-style" frenzy! SpaceX hasn't gone public yet, but space stocks have already collectively "lifted off."Meta lays off 8,000 employees, shifting human resources towards artificial intelligenceGoogle's AI search redesign triggers user migration