Express News | The three AI giants called for a slowdown in development, and Trump struck back: the only regulation needed is a strong president.
U.S. President Trump: Whoever wins artificial intelligence will win the future. We are ahead of all other countries and will continue to stay ahead. The only control needed for AI is a strong presidency, and America has such a president—far more than is required. The Trump administration has already prevented individuals in the AI field from engaging in improper or potentially harmful "behaviors," such as those of Dalio, and we will keep doing so. Trump stated that we already possess substantial authority to impose criminal and regulatory measures on these companies. Whoever wins artificial intelligence will win the future. We are ahead of all other countries and will continue to stay ahead.
A once-in-two-decades event! The three major central banks of the U.S., Europe, and Japan may raise interest rates in unison—what does this mean?
①This is far more than an ordinary "super central-bank week"—while markets are fixated on shifts in interest-rate levels, a macroeconomic drama unseen for two decades is quietly unfolding; ②The Federal Reserve, the European Central Bank, and the Bank of Japan—the G3 central banks of advanced economies—are, in a rare move, simultaneously embarking on tightening cycles.
Top 20 in Trading Volume | Google and Meta rose more than 3% against the market trend; Apple's Siri AI has officially entered public beta testing; Tesla's Roadster, delayed for ten years, finally made its debut.
On Monday, NVIDIA, the No. 1 stock by trading volume on U.S. markets, closed down 3.36%. NVIDIA, Palantir, and Booz Allen Hamilton have begun restricting internal use of Anthropic's AI models. The companies are primarily concerned that if employees input sensitive information such as internal code and intellectual property into external AI models, the model providers might gain access to or even learn from this data. In third place, Micron fell 5.25%, with trading volume reaching $24.641 billion, influenced by calls from the CEOs of several leading U.S. AI firms to slow the pace of technological advancement.
The 10-year U.S. Treasury yield has surged above 5%! Wall Street has raised its yield forecasts, and a highly accurate analyst warns: the sell-off is far from over.
Steven Barrow, head of G10 strategy at Standard Bank, who was the first to issue a 5% forecast in February this year, has raised his year-end target for the 10-year U.S. Treasury yield to 5.2%, with an additional increase to 5.3% expected in the first quarter of 2027. He noted that supply-chain pressures, climate change, and U.S. immigration policies' constraints on labor supply are all intensifying more than before. Meanwhile, the U.S. dollar index posted intraday gains of up to 0.6%, poised for its best single-day performance since June 17.
Hedge funds have just rebuilt their long positions in technology stocks, yet key support levels for the Nasdaq are already beginning to weaken.
The Nasdaq 100 index is approaching the lower boundary of its multi-month trading range, with futures breaking below both the ascending trend line and the 100-day moving average, signaling a weakening technical picture. Hedge funds had previously piled into tech stocks, and their concentrated positioning has amplified downside risks. AI safety concerns and energy supply risks are acting as dual catalysts. If key support gives way and market panic remains muted, volatility could face a reevaluation.
Express News | Iran's Tasnim News Agency: Despite Iran's repeated statements that it does not wish to negotiate an agreement with the "terrorist U.S. government," Trump, the leader of this "terrorist U.S. government," has once again claimed that Iran seeks to reach an agreement swiftly.