Naoki Tamura: Transmitting monitoring of wholesale inflation to consumer prices to determine the timing of the next interest rate hike

According to Crunchbase data, as of June 2026, the total valuation of the top 30 unicorn companies worldwide reached $3.9 trillion, with AI startups dominating, accounting for approximately 60% of the total valuation. Among them, Anthropic ranks first with a valuation of $965 billion, followed closely by OpenAI with a valuation of $852 billion, and AI companies such as VNet, Figure, Safe Superintelligence, Anysphere, Scale AI, and Cognition make the list. In the fields of financial technology, business, and transportation, Stripe、Revolut、Checkout.com、Ramp、 ByteDance, Ant Group and Shein rank in the top ten.

JPMorgan Chase has raised its target level for the S&P 500 index by the end of 2026 from 7600 points to 7800 points, citing an upward revision in corporate profit expectations and an increase in artificial intelligence capital expenditures. JPMorgan Chase pointed out that low-quality growth stocks, speculative growth stocks, and second - and third tier AI concept stocks pose extreme crowding risks, and fund withdrawals may trigger a pullback. JPMorgan recommends adopting a barbell strategy, holding high-quality growth and direct AI benefiting stocks, and allocating to low volatility, high-quality stocks.

According to Onchain Lens monitoring, a newly built wallet withdrew 17675 ETH worth $28.58 million from Binance.

Starting from 2023, state and local governments in the United States have implemented over 300 restrictions or bans on data centers, with over 275 of them introduced in 2026. The town of Sarin, Michigan, once voted to block changes to OpenAI and Oracle's Stargate project plans. After winning the lawsuit, the Stargate team broke ground on June 1, 2026. Although the project received a $250 million investment tax exemption, more than 20 towns within 50 miles of it passed the ban. A poll shows that 70% of American adults oppose the construction of AI data centers. Bernie Sanders and Alexandria Ocasio Cortez proposed a federal ban, and Humans First organized protests. More than ten places including New Jersey have introduced permanent bans, and the New York State Legislature has passed a one-year ban bill waiting for Kathy Hochul to sign. Ohio, Illinois, and Arizona will suspend tax benefits in 2026.

According to Sina Finance, Barclays strategists predicted that the yield of US 10-year treasury bond bonds would rise to 4.65% in the next year, and suggested investors to allocate long-term government bonds at a low price. Barclays strategists believe that the market's pricing of long-term interest rates reflects lower expectations of equilibrium interest rates, but there are increasing reasons for term premiums to rise, and investors should demand more compensation when taking on duration risk. According to the data of Tradeweb, the yield of the US 10-year treasury bond bond was recently reported at 4.409%.