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The ChiNext Index rose 1%, optical modules surged, and "Yizhongtian" stocks climbed together. The Hang Seng Tech Index jumped over 2% as tech stocks soared, with Tencent up more than 4%.

The ChiNext Index rose 1%, optical modules surged, and "Yizhongtian" stocks climbed together. The Hang Seng Tech Index jumped over 2% as tech stocks soared, with Tencent up more than 4%.

``` On June 2nd, A-shares fluctuated upwards in the morning session. The three major indexes once fell collectively, then the Shenzhen Component Index and the ChiNext rebounded, with ChiNext rising nearly 2% at the start, the STAR 50 Index down 1%, and the Wind Micro-cap Index plunging nearly 3%. Coal, banking,

When it rains, it pours—GoPro, the "pioneer of action cameras," is on the verge of collapse.

When it rains, it pours—GoPro, the "pioneer of action cameras," is on the verge of collapse.

``` AI made storage chips more expensive. The first to cry out in pain was not the smartphone giants, nor the auto makers, but the long-ailing GoPro. On Monday, GoPro submitted an 8-K filing to the SEC, stating that there is "substantial doubt" about the company's ability

Anthropic's most powerful cybersecurity model, Mythos, is about to be fully launched, but its "high price" is causing businesses to complain.

Anthropic's most powerful cybersecurity model, Mythos, is about to be fully launched, but its "high price" is causing businesses to complain.

``` Mythos can identify two dozen critical vulnerabilities in three weeks, but it can also burn through a million dollars of your money in the same timeframe. According to The Information, Anthropic announced on Thursday that it plans to open its "Mythos-level model" to all customers in the coming

Korean stocks are not just about Samsung and SK Hynix—shares across the board under the "old chaebol" LG have surged, with LG Electronics quadrupling this year.

Korean stocks are not just about Samsung and SK Hynix—shares across the board under the "old chaebol" LG have surged, with LG Electronics quadrupling this year.

LG Electronics' stock has risen over 300% this year, transforming from a traditional home appliance company into one of the most prominent AI-related stocks in the Korean market. On June 1st, media reports stated that LG Group Chairman Koo Kwang-mo will meet with NVIDIA CEO Jensen Huang on June

IPO must get ahead of OpenAI; Anthropic aims to seize the “pricing power” in AI.

IPO must get ahead of OpenAI; Anthropic aims to seize the “pricing power” in AI.

``` Anthropic has filed first, pushing the competition with OpenAI from models, revenue, and valuation to the hurdle of public market pricing. On Monday, Anthropic announced that it had confidentially submitted its U.S. IPO application, getting ahead of rival OpenAI in entering the listing process. Anthropic said in a statement

Trump: The US and Iran may reach an agreement within a week to extend the ceasefire and reopen the Strait of Hormuz.

Trump: The US and Iran may reach an agreement within a week to extend the ceasefire and reopen the Strait of Hormuz.

``` On June 1 local time, U.S. President Trump stated that he expects to reach an agreement with Iran "within the next week" to extend the current ceasefire arrangement and reopen the Strait of Hormuz. Trump said that the negotiations are progressing smoothly and expressed optimism about reaching

Apollo Chief Economist: The Stronger AI Gets, the Higher Inflation Rises, and the Harder It Is to Cut Interest Rates

Apollo Chief Economist: The Stronger AI Gets, the Higher Inflation Rises, and the Harder It Is to Cut Interest Rates

``` The surge in AI infrastructure construction is becoming a new variable in Federal Reserve monetary policy. Apollo Global Management’s Chief Economist Torsten Slok warns that large-scale AI construction in its initial phase will push inflation higher, making it difficult for incoming Fed Chair Kevin Warsh to achieve the rapid