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Turkish court rules to "overturn" the largest opposition party, stock index plunges 6%, state-owned banks urgently sell $6 billion to defend the lira.

Turkish court rules to "overturn" the largest opposition party, stock index plunges 6%, state-owned banks urgently sell $6 billion to defend the lira.

``` A Turkish court has announced the removal of the leader of the country’s largest opposition party. This milestone verdict has not only stirred up a political storm domestically, but also dealt a heavy blow to the financial markets. On Thursday local time, an appeals court in Ankara announced that

IBM shares surged more than 11% as the Trump administration announced a $2 billion quantum computing support plan.

IBM shares surged more than 11% as the Trump administration announced a $2 billion quantum computing support plan.

``` The Trump administration announced an injection of over $2 billion in federal funding into the field of quantum computing. IBM was granted $1 billion in government funding to build a quantum chip foundry, sending related stocks soaring across the board. On Thursday, IBM's stock price surged more than

Report: Despite the blockage of the Strait of Hormuz, OPEC+ leading countries still expect to raise the July oil production target.

Report: Despite the blockage of the Strait of Hormuz, OPEC+ leading countries still expect to raise the July oil production target.

``` The Iran war has severely hit Gulf production capacity, with oil export channels disrupted, but OPEC+ core members are still expected to continue pushing the production increase agenda at the June 7 meeting. According to Reuters citing four informed sources, seven core OPEC+ oil producers will hold a meeting on

XPeng GX enters the fierce competition of the large six-seater market.

XPeng GX enters the fierce competition of the large six-seater market.

``` The full-size six-seat SUV market has gained another strong contender. On the night of May 20, XPeng Motors officially released its first full-size, large six-seat SUV — the XPeng GX. This model launches with both pure electric and super range-extended powertrains, totaling eight configurations. The official price range is 279,800

Arm's total market value surpasses $300 billion for the first time, Masayoshi Son makes $220 billion, creating an investment legend.

Arm's total market value surpasses $300 billion for the first time, Masayoshi Son makes $220 billion, creating an investment legend.

``` Driven by the surging global demand for AI computing power, Arm’s total market capitalization has surpassed the $300 billion mark for the first time. At the start of US trading on May 21, Arm’s share price once soared 11% to a record high of $284.49, pushing its

Xiaomi further boosts its core SKUs: YU7 fills out the price range, 17 Max maintains pricing power

Xiaomi further boosts its core SKUs: YU7 fills out the price range, 17 Max maintains pricing power

``` On May 21, Xiaomi held a full-ecosystem product launch event in Beijing, unveiling a range of new products including smartphones, automobiles, and smart home devices. The two highlights of this launch were undoubtedly the Xiaomi 17 Max and the Xiaomi YU7 family. In terms of smartphones, despite cost pressures brought

JPMorgan CEO: Interest rates may rise sharply, inflation will make investors reluctant to hold long-term bonds.

JPMorgan CEO: Interest rates may rise sharply, inflation will make investors reluctant to hold long-term bonds.

``` As U.S. Treasury yields rise to multi-year highs, JPMorgan CEO Jamie Dimon warns that the market is still underestimating the risk of “long-term high interest rates” and that the global bond market adjustment may be far from over. Dimon believes that the fundamental change is the reshaping of the