成本仅为美国同类产品的两成！中国 AI 模型的低成本路径正在改写行业逻辑对冲基金四周连买后急转直下，做空力量主导美股净卖出SpaceX 上市仅用 74 天，为 OpenAI 和 Anthropic IPO 提速树立参照，八月窗口初现油价、美联储、ETF 资金——这三股力量将决定黄金的命运South Korea's exports rose 60% in the first 20 days of June, with chip exports surging 188.4%The Revelation of Emerging Market Profits Surpassing Expectations for the First Time in Four Years: The AI Super Bull Market Spreading from the GPU Myth to Full-Stack AI Computing Dominated by "AI Factories"ALEBUND IPO: A sample for the revaluation of pharmaceutical stocks?Zhitong Decision Reference | The market feels the chill中金：如何应对高拥挤资产？SG Morning Brief | Iran Re-Closes Hormuz 3 Days After Deal, Geneva Talks Cancelled; Marvell Joins S&P 500LG executives will visit NVIDIA headquarters to discuss physical artificial intelligence本周重磅日程：“美联储最爱通胀指标”、英伟达股东大会、美光财报“空头” 美银 Hartnett：美股牛市的命运取决于 “中选和伊朗”距离美国 “250 周年国庆” 还有两周，特朗普如何给市场放烟花？High Concentration = Should Rotate?Zhitong Hong Kong Stock Early Knowledge | Eight departments issued the "Implementation Opinions on Accelerating the Development of 'Artificial Intelligence + Consumption'" The Iranian military announced the closure of the Strait of HormuzReminder: Key Intraday Events to Watch (All Times in Beijing Time)Is Alphabet the Best "Magnificent Seven" AI Stock?The Next $1 Trillion AI Winner May Already Be Hiding Inside Nvidia's Supply ChainCITIC Securities: Interest rate hikes are unlikely to shake AI valuations; non-AI weaknesses need to break through with their own narratives伯恩斯坦资深分析师：这是职业生涯第一次真正的 “芯片超级周期”，“瓶颈” 才是造富机器分化在延续，变化在酝酿“大空头” 查诺斯：当前 AI 产业链存在巨大 “财务不匹配”，“AI 云” 实际是租赁中介，看空 SpaceX“加息” 涨科技？Will Nvidia Stock Soar After June 24? The Evidence is Piling Up and Here's What It Shows港股，是人民币和美元的实时记分板Can SpaceX Deliver Tesla-Level Returns? The Bull and the Bear Case数字经济时代，三驾马车已经失真市场 “不可调和的矛盾”：如何给科技股估值企业端开始 “算力降本” 之际，高盛警告 5.3 万亿 AI 资本支出正逼近信贷饱和！Nvidia, Oracle, and Now SpaceX Are Borrowing Billions Amid the AI Boom. Is This a Warning Sign?沃什的野望：五 “刀” 重构美联储“沃什首秀” 是 “十年一遇的转折点”？野村：警惕 “预防性加息” 演变为 “实质性紧缩”SpaceX Surpassed Amazon in Market Cap This Week. What's Next for the Red-Hot Space Stock?AI Agent 时代的云基础设施是怎样的？你需要理解 “Agent Runtime 完整飞轮”“AI 最紧瓶颈”！存储的影响已扩展至宏观经济，加剧整体通胀Multiple Foreign Banks: Global Capital's Confidence in the Chinese Market Rises as Overseas Investors' Willingness to Increase Holdings of Chinese Assets Continues to Strengthen德银 “向沃什投降”：今年将加息 50 基点，甚至可能在 7 月提前加息Hon Hai Chairman: Capital Expenditure for Every 1GW Vera Rubin Data Center Reaches $47 Billion, with Annual Power Costs of $1.3 Billion1192 亿美元！本周美股吸引创纪录资金，投资者涌向科技股学习英伟达 “好榜样”，谷歌和博通都开始 “有样学样”，开启 “AI 芯片闭环”Israel-Lebanon tensions rattle markets; European stocks briefly turn higher, Brent crude struggles to rebound, dollar falls from one-year highIntel Shares Surge 10% to Record High as Former SK Hynix CEO Appointed to Lead Packaging BusinessGoogle and Microsoft Join Forces to Launch New Protocol, Traditional Tech Giants Contain Anthropic and OpenAI Through Standards War从” Token 竞赛” 到” Token 节流”：月人均成本 7500 美元，天价账单倒逼巨头集体踩刹车高中毕业也能进 SK 海力士研发部了，AI 时代还要卷文凭吗Energy Costs Fuel Inflationary Pressure! South Korea's May PPI Rises 8.5% Year-on-Year, Hitting Nearly Four-Year High13 Words From Jensen Huang That Spell Good News for Nvidia Shareholders甲醇电动加速落子香港