Odaily reports that according to data from MSX.COM, US pre-market AI concept stocks are broadly declining. DELL is down 2.79%, MRVL down 2.58%, ARM down 2.36%, MU down 2.22%, and AMD down 1.76%.

It is understood that MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering US stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Goldman Sachs stated that investors are reducing their exposure to the "Magnificent Seven" in favor of AI beneficiaries, such as semiconductor companies, rather than the hyperscale cloud providers that are funding massive AI expenditures.

Goldman Sachs believes the market is rewarding companies that generate returns from AI investments while questioning those bearing the costs. Until hyperscale cloud providers demonstrate stronger earnings growth, cautious sentiment toward large tech companies may persist.

According to on-chain analyst Ember monitoring, a whale (0x50b...9f20) previously opened a short position of 54,200 ETH at an entry price of $1,541.3, with a liquidation price of $1,674.4. ETH has now risen to $1,646.2, and this position is just $28 away from the liquidation price.

Odaily reports that Mizuho Bank has raised the price target for Robinhood (HOOD.O) from $115 to $130. (Jin Shi)

Odaily reported that the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has added 134 cryptocurrency wallet addresses belonging to the terrorist organization ISIS-K to the Specially Designated Nationals sanctions list. Stablecoin issuer Tether has frozen funds in 131 of these TRON addresses, while the remaining three sanctioned addresses are on the Monero network. Since 2023, these 131 TRON addresses have received over $1.4 million in cryptocurrency donations and have sent out more than $880,000. (Cointelegraph)

Odaily Odaily News: Ablikim Ablimit, Vice President of Lenovo Group and Chief Strategy Officer of Lenovo China, stated that in the long term, whether in China or overseas markets, there is still significant room for AI computing power demand, and there is no situation of oversupply. He noted that currently, the number of mature, leading AI products on the consumer (C-end) side is limited, and the potential for commercial deployment on the enterprise (B-end) side has not yet been fully released. The growth dividends from historical productivity revolutions have always been driven by the industrial sector, indicating huge long-term demand for computing power.

He also pointed out that currently, the AI industry chain faces issues of overly strong supply-side influence and an imbalanced supply-demand cycle. On the news front, Meta's recent opening of its computing power has sparked market concerns about a potential oversupply. (Yicai)

Odaily reported that, according to the Islamic Republic of Iran Broadcasting on the 2nd, the Khatam al-Anbiya Central Headquarters of the Iranian Armed Forces issued a statement that day, stating that the Iranian armed forces will respond "decisively and swiftly" to any US interference in the Strait of Hormuz.

The statement said that the Strait of Hormuz is by no means a place for the United States to act recklessly. The security and stability of this crucial waterway are a "red line" for the Iranian armed forces. The statement indicated that all oil tankers and commercial vessels wishing to safely pass through the Strait of Hormuz must follow the shipping routes designated by Iran. Any failure to comply with or deviation from the designated routes, or any disregard for navigation regulations, will be met with a response from the Iranian armed forces and will endanger the safety of the violating vessels themselves. (Xinhua News Agency)

Odaily reports that sources say the next round of US-Iran negotiations will be held on July 18.

Odaily Planet Daily reported that the U.S. government is in high-level negotiations with AI companies and plans to announce voluntary standards for creating new model releases as early as next week.

These standards will set benchmarks for models with cutting-edge network capabilities and establish a release schedule to simplify future model launches. This move aims to implement the U.S. President's executive order on AI from last month. U.S. officials will also clarify access rights to advanced AI models both domestically and internationally, a step that could lay the foundation for a global framework including U.S. allies.

Previously, the U.S. government intervened in the release of new tools by Anthropic and OpenAI. Anthropic's latest model was subject to export controls on June 12 due to concerns over cybersecurity risks, and those restrictions were lifted on Tuesday. Currently, technical teams from AI labs meet regularly with government officials to reach consensus. (FT)

Odaily Planet Daily News: Wells Fargo has raised its price target for Meta Platforms from $765 to $767, maintaining an "Overweight" rating.

Odaily reports, according to an official announcement, BitMart Futures will list GRAMUSDT perpetual contracts on July 2, 2026, at 20:00 (UTC+8), supporting up to 50x leverage.

Odaily: Alphabet (GOOGL.O) fell 1.3% in pre-market trading. Earlier, Alphabet's Google lost a lawsuit at the European Union court against a 4.1 billion euro antitrust fine related to Android.

According to a filing with the Hong Kong Stock Exchange, BlackRock's long position in ZTE Corporation (00763.HK) H-shares rose from 6.52% to 7.10% on June 25. (Jin10)

Odaily Odaily Planet Daily News SK Hynix saw a single-day loss of $160 billion in market cap (approximately ¥1 trillion RMB), with its total market capitalization falling below the $1 trillion mark. Meanwhile, Bitcoin experienced a slight rebound today.

According to data from 8MarketCap, Bitcoin's market cap has now returned to above $1.2 trillion, with a 24-hour increase of 2.41%. It has risen to become the 16th most valuable asset globally by market capitalization, overtaking storage giants such as Samsung, Micron, and SK Hynix.