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``` Scientific institutions have issued the strongest El Niño warning in 75 years; global agricultural supply chains are facing multiple overlapping shocks. The US Climate Prediction Center (CPC) warns that the currently developing El Niño event has an 81% chance of evolving into an "extremely strong" level, and a

``` Wall Street is turning the idea of "not wanting to hold Musk" into a fund that can be bought and sold. A new issuer called Subversive ETFs recently submitted an application to regulators, planning to launch two ETFs with ticker symbols QQNE and SPNE. These two funds will

U.S. Commerce Secretary Howard Lutnick has publicly pressured Samsung Electronics and SK Hynix, urging the two Korean memory chip giants to accelerate their production expansion in the U.S. in order to address the global memory chip shortage. On July 10, according to Bloomberg, Lutnick made the remarks during

Micron Technology substantially expanded its investment in U.S. domestic manufacturing, raising its previously pledged commitment from $200 billion to $250 billion, reigniting market enthusiasm for AI-driven demand for memory chips. On Thursday, Micron Technology announced plans to increase its total investment in new U.S. factories to more than

Huajian Morning Voice Please upgrade to the latest version of the Jianwen app to successfully listen to the following audio. Market Overview Chip stocks boost U.S. stocks again, Nasdaq rises over 1%, second consecutive gain, S&P and Dow reverse two-day losing streaks; chip index closes up over

``` On July 9, the same night MiniMax’s share price plunged over 18% on the first day its restricted shares were unlocked, the company launched its largest refinancing since listing—a combination of a new share placement and zero-coupon convertible bonds, aiming to raise about $1.9 billion. This financing