Jeffray: Meta smart glasses hardware revenue could reach $18 billion in the next few years

Intel will release its financial report after hours on Thursday, with analysts expecting Q2 adjusted earnings of 22 cents per share and revenue of $14.4 billion. Srini Pajjuri, an analyst at Bank of Canada, predicts that server CPU sales will maintain double-digit growth throughout the year. Intel plans to lay off employees in its data center division. The market is paying attention to the progress of cooperation between Intel and Apple. Apple and Intel have reached a preliminary agreement to have Intel manufacture some chips. On June 18th, President Trump announced that Apple has agreed to cooperate with Intel to design and manufacture chips in the United States.

Bybit co-founder and CEO Ben Zhou stated in a post that BitMEX is the pioneer of perpetual contract products, which have inspired multiple exchanges including Bybit. It has now become one of the core products in the cryptocurrency industry and has obtained compliance status in regions such as the European Union, Dubai, and Hong Kong.

According to the S&P Global Energy Report, the oil tanker attack has led to a surge in shipping insurance costs in the Strait of Hormuz, with additional war risk premiums increasing from 1% to 3% to 7.5% to 10% of the ship's hull value. Some oil tanker operators are staying outside the strait, with 10 ships crossing the Strait of Hormuz on Tuesday. Before the outbreak of the Middle East war, the daily throughput exceeded 130 ships.

Citigroup has lowered its Coinbase target price from $400 to $235.

Tesla predicts that its annual capital expenditures will exceed $25 billion, with a market estimate of $25.09 billion.