Robinhood CEO says Robinhood stock tokens will soon support physical redemption and voting features.

Data since 1950 shows that the 10-year US Treasury yield and S&P 500 valuations exhibit an "inverted U-shaped" relationship. At current earnings levels, yields would need to reach about 5%-6% to significantly compress valuations; as long as earnings growth remains above 15%, there is still room for valuation re-rating. If the yield curve bear-steepens, cyclical sectors such as energy and financials benefit more; if it flattens, tech stocks are relatively favored.

AI has shifted the valuation anchor for software companies from "revenue growth" to "capital efficiency," while pushing value toward both ends of the industry chain: one end is the infrastructure layer that actually absorbs capital expenditure, the other is the workflow layer that cannot be replaced after the model, and the part squeezed in the middle—relying solely on seat count and subscription price growth—is seeing its bargaining power eroded.

The unwinding of yen carry trades and French bond risks could force the Fed to accelerate dollar liquidity creation, and Ethereum is a key position for riding the liquidity wave.

Dario Amodei believes that "slowing down AI" doesn't mean we need to panic today, nor does it mean shutting everything down. But we need to ensure that our safety guardrails, understanding, and control capabilities can keep pace with the speed of technological development.

Iran says a new channel may open in the Strait of Hormuz.

His core positions remain unchanged, but he has switched to a different playbook.

Oracle is accelerating its transformation from a traditional database company into a cloud computing company driven by AI infrastructure.

What Adobe needs to prove to the market in its next phase is that these 1 billion monthly active users will not only use AI, but are also willing to keep paying for AI.

Understanding the iPhone Duo requires looking beyond how many units it can sell — we must also examine what role it plays in Apple's business model.

The AI chip trade may be entering a more selective phase of structural repricing.

AI tokens worth watching ahead of Anthropic's listing

The combination of an AI assetization platform and a task dispatch network lays the transaction and payment rails for the AI commercialization economy.

NVIDIA's latest acquisition is reshaping memory capacity allocation, and the AI capex boom is spreading from individual company earnings to core U.S. index weights. With the opening bell approaching, what news in the AI, chip, and cybersecurity tracks deserves attention?

It is both the "fall guy" for internet outages and the easily overlooked "shovel seller" of the AI era.

If authorities intervene in the market again after September 18, watch the speed at which the move retraces—should the yen quickly fall back to its pre-intervention range within days or weeks, it would suggest that policy signals alone remain insufficient to overturn fundamental pricing, and the yen will likely continue spinning in the cycle of "intervention, rebound, and give-back."