SanDisk, Seagate, and Western Digital have fallen more than 30% from their historical highs, while the US storage sector continues to decline

Microsoft has replaced OpenAI and Anthropic models with self-developed AI models in some applications.

Driven by SpaceX's record breaking IPO, the trading volume of tokenized stocks on the blockchain reached a record high of $3.86 billion in June. Among them, the transaction volume of SPCX reached 1.19 billion US dollars, accounting for 31% of the total transaction volume. The trading volume of SPCX tokens issued by BlackRock Securities reached $1.08 billion, and the trading volume of SPCXx issued by xStocks reached $852 million. The total market value of tokenized stocks in June rose to 1.53 billion US dollars, a month on month increase of 6.64%.

The US Energy Information Administration (EIA) released a short-term energy outlook report stating that on June 18th, the United States and Iran signed a memorandum of understanding to end the conflict and open the Strait of Hormuz. With the signing of the agreement and increased passage through the strait, the US Energy Information Administration (EIA) has raised its expectations for global oil production for the remainder of this year. It is expected that most crude oil production will return to near pre conflict average levels by the end of this year, and most of the shut down crude oil production will resume production in the first quarter of 2027.

Tiger Securities has raised its Coinbase rating from hold to buy and given a target price of $200.

On the 7th, President Trump said in Ankara, Türkiye's capital, that the United States would lift sanctions against Türkiye and make a decision on Türkiye's return to the F-35 fighter program.