Roubini: Inflation is the biggest risk. The yield of 10-year US treasury bond bonds may rise to 8%

The Iranian government spokesperson stated that the United States has violated basic humanitarian values and established norms of international law. Iran does not allow the United States to interfere in the management of the Strait of Hormuz and warns Gulf countries that cooperating with Washington is equivalent to going to war against Iran. Currently, the Strait of Hormuz is still closed, and illegal passage of ships will face punishment.

Jordi Visser, the research director of 22V Research, said that the AI foam theory does not exist, and half of the companies in the S&P 500 index will lose their investment value in the next five to ten years. Jordi Visser pointed out that Samsung is expected to make a profit of $217 billion this year, Nvidia's valuation is at a ten-year low, and the remaining performance obligations of ultra large cloud providers are as high as $200 million. Jordi Visser recommends that ordinary investors allocate 10% of their funds to top digital assets and cutting-edge AI targets, while young investors can allocate 20% and are optimistic about Nvidia, Maiwell Technology, Eli Lilly, Caterpillar, and Modin Manufacturing.

The US House of Representatives passed the Sunshine Protection Act with 308 votes in favor and 117 votes against, aiming to make daylight saving time permanent. The opening time of US stocks will be permanently 9:30pm (UTC+8). The bill has now been submitted to the Senate for review. US President Trump supports the Sunshine Protection Act, stating that the twice yearly time adjustment incurs economic costs and that he will push for it to become law.

US data center operator Switch is preparing for an IPO, with an estimated valuation of $80 billion.

Bitcoin held steady at a three-week high as rising tensions between the U.S. and Iran reined in gains from Tuesday's softer-than-expected inflation numbers.