[Td Cowen Lowers Meta Platforms' Target Price to $750] According to Jin10, Td Cowen has lowered Meta Platforms' target price from $800 to $750.

OKX-ETH/USDT is currently trading at $1899.78, with a 5-minute drop of 0.07%. Please be aware of market fluctuations.

Doctor Profit stated that on July 18th, it will take profit on Bitcoin short positions and retain stock short positions, while starting to invest in BTC and ETH. At present, the adjustment is focused on AI plate, and BTC and ETH show resilience. Doctor Profit's stock short positions include MicroStrategy (-64.8%), Coinbase (-51.8%), SanDisk (-49.4%), Palantir (-40.6%), Netflix (-34.3%), IBM (-32.2%), Microsoft (-28.2%), and Nvidia (-8.6%), with losses from positions in Apple (+26.2%) and the S&P 500 (+4%). Doctor Profit has invested in Coinbase and is currently using empty positions as a hedge. It plans to gradually close positions in the coming weeks.

[Goldman Sachs Research Indicates U.S. Stock Market Deleveraging Nearing Completion, Expected to Maintain Range-Bound Movement in August] According to Tide Research, Goldman Sachs' July 29 research report pointed out that the global account total leverage ratio is at the 93rd percentile over a 5-year lookback period, with hedge fund long-short ratios dropping from 5.7x to 3.2x, and deleveraging progress exceeding 90%. In July, U.S. equity funds saw net inflows of $34 billion. The S&P 500 fell below the short-term trigger level of 7453 points, which could prompt concentrated CTA selling if further declines occur. Goldman Sachs estimates systematic strategies hold approximately $196.3 billion in U.S. equity long positions, with CTA holdings at the 44th percentile. Goldman Sachs predicts that U.S. stocks will primarily exhibit range-bound movement in August. Buybacks are expected to support buying activity in August, with approximately 31% of S&P 500 constituent stocks in their buyback window. Over 90% of companies are anticipated to exit their quiet period by mid-August. Seasonal outflows, quantitative selling, and conservative institutional positioning are likely to constrain upward momentum. Goldman Sachs recommends inverse diversification strategies and IWM put options as hedging tools.

Elon Musk, the founder of xAI, stated that Grok 4.6 will be released in a week, and the official has not yet disclosed the specific features, performance improvements, or release schedule details of the new version.