BIT

Even though this week's PPI and CPI have risen passively due to oil costs, the root cause of inflation seems more like a supply shock rather than overheating demand, and the Federal Reserve's interest rate hike path may not be as straightforward as the market imagines.

"BIT Trust White Paper" V2.0 Released: From 24-hour dynamic risk control to U.S. stock asset links, what else can users verify besides "security"?

NVIDIA's latest acquisition has triggered a reallocation of storage capacity, and the wave of AI capital expenditure is once again spreading from individual stock performance to the core index weights of the U.S. stock market. With the market opening soon, what news in the fields of AI, chips, and cybersecurity is worth paying attention to?

Fruit Chain concept stocks surged across the board: Corning rose 7.56%, Coherent increased by 7.10%, and Ekran Technologies climbed 6.18%. Tomorrow's press conference, in addition to the features of the new products being unveiled, what other information is worth paying attention to?

Under the leadership of Jerome Powell, the Federal Reserve is clearly more data-dependent than its predecessor. Interestingly, the recent employment reports have all fallen short of expectations, and the deviations are significant—this means that any further signs of weakness could severely undermine the market's bets on a rate hike in September.

SpaceX's current valuation has already factored in the high growth expectations of multiple businesses such as Starlink, Starship, AI infrastructure, and orbital computing. As the supply of shares increases, the "scarcity premium" will gradually be diluted. Whether the stock price can continue to rise in the future will depend not on "being unable to buy," but on the speed at which the fundamentals are realized and whether institutional funds can continuously absorb the newly added shares.

After the release of the ADP employment report, the probability of the Federal Reserve raising interest rates in September slightly decreased to 62.3%—the risk of rate hikes is far from being eliminated. This is precisely why the non-farm payroll report on Friday is critically important.

Once an external shock event of this magnitude in the geopolitical situation occurs, inflation risk will become the dominant variable again, and the directional weight of employment data will be temporarily suppressed.

The HBM pricing of SK Hynix, Samsung, and Micron directly affects the product costs of Nvidia. Any softening in HBM prices will directly benefit Nvidia's gross margin—while negatively impacting memory companies currently benefiting from high prices.

According to the methodology for index compilation, the S&P 500 index undergoes quarterly adjustments on the third Friday of March, June, September, and December each year. On the designated effective date of the index adjustment, the index compilation rules trigger mechanical buy and sell orders, and passive funds tracking the index must buy or sell the companies that are newly added or removed. The measurable flow of real funds can often reach tens of billions or even hundreds of billions of dollars.