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``` Bank of America delivered a better-than-expected second quarter report driven by the dual engines of trading and investment banking. Net profit of $9.1 billion and total revenue of $31.6 billion both significantly exceeded market expectations—however, behind this impressive financial report, non-interest expenses rose 8% year-on-year to $18.

The tensions in the Strait of Hormuz are spreading from the energy market to the broader supply chains of commodities. In addition to crude oil and natural gas, the supply of key industrial raw materials such as fertilizers, sulfur, aluminum, and helium is also facing disruptions, with the impacts extending

``` Apple is extending its price increase strategy from non-iPhone products to core hardware, and Morgan Stanley believes that this will not significantly suppress demand, but could instead become a driver for profit growth in the next few fiscal years. Morgan Stanley released a research report on July 14, stating that

``` The U.S. inflation rate has deviated from the Federal Reserve’s target for several consecutive years. Although the latest data show a decline, analysts warn that structural factors may make the era of low inflation a thing of the past, putting sustained pressure on monetary policy credibility and household

``` The IPO issue price of Changxin Technology, the largest domestic DRAM manufacturer, has been officially set. The company has set the issue price at 8.66 yuan/share, corresponding to a total market value after issuance of approximately 579.2 billion yuan, which is lower than the earlier market expectation

``` Leverage waits for no one. On Monday, South Korea's KOSPI plunged nearly 9% in a single day, triggering the circuit breaker for the seventh time this year. Many retail investors stared at the red numbers on their screens, no longer pondering "how much they've lost,