He predicts the 10-year US Treasury yield will surge to 10%, revealing the true motive behind tech giants' astronomical AI spending: not a bet on AI's future, but a defensive move to protect existing business moats. Meanwhile, a silent crisis in private credit is spreading.

At the end of July, with the SK Hynix ADR swap window and the earnings report date approaching, the convergence of these two events could become a key inflection point for the premium trend.

Driven by demand for AI infrastructure, MLCC is accelerating its shift from short-term orders to a long-term agreement model. Samsung Electro-Mechanics, with a market share of over 40%, continues to lead in this high-barrier market.

Restraint is a strategy.

Kraken parent company Payward expands xStocks to Hong Kong, UK, and South Korean stock markets.

Revenue performance exceeded expectations, but capital expenditures continue to expand, and free cash flow has turned negative for the first time.

Returns remain the focus.

$14 billion bet on just 11 stocks, recently reduced Google position and added $2 billion in Microsoft. If you want to follow, you can directly buy the PSUS fund.

Technology analyst Robert Castellano, who has over 40 years of industry experience, pointed out that Alphabet's previous Capex guidance of $180-190 billion for 2026 is too conservative. He expects this earnings report to raise it to $190-200 billion.

在ROI不确定、能源与监管约束及自由现金流承压背景下，Alphabet无论上调还是放缓资本开支，都可能对自身股价及美股AI板块带来负面冲击。

The expansion cycle for AI semiconductors is far from over, but with high expectations, "strong demand" no longer automatically serves as a new catalyst for growth.

SpaceX is adopting a phased unlocking approach. By the end of the year, the total number of tradable shares will surge from the current approximately 639 million to 5.33 billion.

How did Yang Zhilin, whose Kimi K3 has captured the attention of the US tech scene, rewrite the rules of the Chinese AI game?

Bond yields also rose, with the earnings season becoming the next key variable.

SpaceX will release its Q2 2026 financial report on August 4.

Could this $100 billion AI giant become the biggest tech bubble in history?