沃什重创"美元贬值交易"！黄金崩了，比特币重挫，芯片狂欢还能撑多久？TCOM (Trans): Aims to serve 10x inbound travelers within 5 yrsTCOM: One More Leg Down Before the Reg. Hammer Falls?I Correctly Predicted Alphabet Would Join the Dow Jones Industrial Average in June. Here's What the Index Shake-Up Means for Investors.华尔街最担心的问题，美光给出了答案Better Buy After the Chip Sell-Off: Nvidia or AMD?Reminder: Key Events to Watch During the Day (All Times in Beijing Time)瑞银发现：60% 已开始控制 AI 支出，企业转向低成本模型与开源中国模型美银警告：半导体驱动下，纳斯达克已达” 泡沫临界点”Q3 存储涨幅超预期，HBM 盈利能力明年追上通用 DRAM，野村接连上调海力士和三星目标价Google partners with MediaTek as short-term noise; Broadcom, "standing in the light," is transitioning from the shadow of TPU to becoming a full-stack seller in the "AI factory" level英特尔背书，AI 芯片新秀 SambaNova 估值或达百亿，四个月内暴涨五倍“亚洲版 SpaceX”–高盛解读 “亚洲太空经济全景”MU: On a Tear. From Downcycle to Super Growth?Apple collaborates with AAC TECH to showcase at the Chain Expo, debuting a 15-micron precision + AI fully closed-loop production linePrudential: Expects the Federal Reserve's hawkish stance to further strengthen, with the first interest rate hike expected this fallMU (Trans): Supply tightness to last through 2027AI Siri integration, pricing resilience of iPhone 18, and the resonance of the foldable screen cycle set the stage for Apple's new growth curveIntelligent AI ignites demand for independent CPU racks! UBS significantly raises target prices for AMD and Arm, Intel's roadmap faces challenges卖飞美光的 “印度巴菲特”：拿了六年，2023 年清仓后，股价涨了 15 倍科济药业拿下全球首款实体瘤 CAR-T ，一针 99 万迎商业化大考美股狂飙，美元为何没跟上？康宁推出玻璃光学互连技术，剑指 CPO 市场AI "power shortage" ignites virtual power plants! Sunrun partners with Tesla to establish a 16GW power plant, with stock prices soaring by 31% at one point铠侠财报里的 “存储超级周期”：苹果订单暴增、原料库存激增，整条产业链都在抢先布局Anthropic siphons off Google's top talent! After another breach in the AI talent defense line, Google's ambitions in AI face market skepticismMicron Technology's Q3 performance exploded, with revenue increasing more than threefold and a gross margin of 84.9%, crushing Nvidia and Meta to top the tech circleStocks to watch: OUE Reit, OUE Ltd, Frasers Property, Vicom, UOBSG Morning Brief | Micron Blowout Sends Nasdaq Futures Up, Oil Hits $70; Core PCE Today英伟达、SpaceX 带头发巨债，美国投资级债券发行量 6 月创纪录财报炸裂！美光让空头闭嘴霍尔木兹海峡重开，原油供给飙升，特朗普明确表态 “不接受任何航运费用”早餐 | 微软领跌科技巨头，美光绩后盘后大涨 16%黄仁勋英伟达股东大会释放重磅信号：AI 工厂时代来临，智能体重塑计算格局Hong Kong Stock Concept Tracking | Apple’s foldable iPhone is set to begin mass production at the end of July, and the industry chain is expected to welcome a rapid development turning point (with related concept stocks)早餐 FM-Radio | 2026 年 6 月 25 日High Oil Prices Erode US Consumer Purchasing Power; Amazon Prime Day Starts Softly with 16% Drop in Household SpendingThe National Transportation Safety Board is investigating a fatal Tesla crash高通全面进军 AI 数据中心：Meta 签多代 CPU 大单、微软部署 HBC 芯片，料到 2029 年业务收入 150 亿手握千亿美元保底长单！美光电话会：内存已成 AI 时代战略资产，看不清供应何时才能赶上需求（附问答全文）Fed Stress Test: 32 Banks Can Withstand $708 Billion in Losses, but Results No Longer Affect Capital RequirementsStandard Chartered: US economic "exceptionalism" may support a stronger dollarJune 25th External Market Headlines: Micron Technology's stock price surged, revenue quadrupled, two AI experts from Google joined Anthropic, and major U.S. banks passed stress testsMicron: Expects Memory Chip Supply Shortages to Persist Beyond Fiscal 2027, With Gradual Improvement in 2028. Still "Cannot See" When Supply Will Catch Up with DemandTop 20 U.S. stock trading volumes on June 25: Micron Technology surged after hours with revenue quadrupling and gross margin jumping to nearly 85%美光季报炸裂！营收增超三倍、净利增近 14 倍，料 AI 存储供应紧张持续至 2027 年后 | 财报见闻On June 25th, most popular Chinese concept stocks fell, with Alibaba, Baidu, and JD.com dropping over 2%, and NetEase and Youdao falling over 8%Micron Tech forecasts Q4 adjusted revenue of $49 billion to $51 billion, beating analyst estimates of $43.24 billion; Q3 adjusted gross margin hits 84.9%, above the expected 81.9%