Current Situation in the Eyes of French Economists: Potential Policy Divergence Between the Fed and the ECBMeta Is Reportedly Building a Cloud Business to Rival Amazon and Microsoft -- and a Way to Make Its Massive AI Bet Pay OffCiti: As Hormuz Risks Fade, Oil Prices Could Fall Toward $60Eurozone Economy "Stops Declining" in June: Composite PMI Returns to 50, German Data Unexpectedly "Saves the Day"Guotai Haitong Kicks Off Financial Sector’s H1 Performance Forecasts: Non-GAAP Net Profit Surges Over 164%, Hitting an ATH!On July 2nd, Alibaba-W spent approximately USD 49.9931 million to repurchase 4.1616 million sharesOn July 2nd, Li Auto-W spent USD 7.1693 million to repurchase 1.1838 million sharesOn July 3rd, Tencent Holdings Limited spent approximately HKD 501 million to repurchase 1.149 million sharesNomura: Recommend Betting on RBA and Fed to Hold Rates Steady This YearMeta is evaluating a custom AI chip worth 10 trillion won produced by SamsungETF Daily (07.03) | Weak non-farm data weakens interest rate hike expectations, gold ETFs rebound from oversold levels, and the robotics sector surges across the boardFrom "money-burning black hole" to "monetization engine": Meta's computing power monetization opens up valuation ceiling, Deutsche Bank and Morgan Stanley sing bullish togetherHong Kong stocks close (07.03) | Hang Seng Index rises 1.28%, Yushu Technology IPO registration approved boosts robotics sector, precious metals strengthen across the boardIt is reported that Meta plans to throw a $6.5 billion AI chip order to Samsung, which may change the exclusive foundry pattern of Taiwan SemiconductorApple Just Made a Controversial Move. Is the Stock One to Avoid or Is Now the Time to Buy?Memory prices have skyrocketed unprecedentedly. Is NVIDIA also feeling the pressure? GF Securities: AI servers "downgrade" become a tool to control costsIn the midst of the storage chip shortage, Apple is increasing orders! It is reported that the stock target for the foldable iPhone has been raised to 10 million units, with plans to launch 5 new modelsUnderstanding the Market | WANGUO GOLD GP Rises Over 17% as Gold's Financial and Safe-Haven Attributes Are Revitalized, Zijin's Empowerment Supports Continuous Growth of the Company's Gold Mining CapacityUnderstanding the Market | ZHAOJIN MINING rose over 13% during trading as tightening expectations cooled and international gold prices rebounded. Offshore gold mines will become the company's new growth engineBANK OF E ASIA: Lowers gold target price for the year to USD 4,600 per ounce, expects the Federal Reserve to raise interest rates only once in the second half of the yearEverbright Securities: Meta's computing power services disrupt the electronic sector, but the AI computing power chain's prosperity remains unchangedJapanese and South Korean Stocks Rebound, US Stock Futures RiseReport: Samsung Electronics to Raise Q3 DRAM Prices by Up to 20%Russia's antitrust agency warns Apple over local app issuesTesla's sales in South Korea in the first half of the year surged by 192% year-on-year, capturing 30% of the imported passenger car marketHong Kong Stock Midday Review | Hang Seng Index up 1.57% in the morning session, copper stocks lead the gainsUnderstanding the Market | Copper stocks lead the gains as market interest rate hike expectations significantly cool down; institutions indicate that the window for the correction of copper stocks being wrongly punished is approachingETF Volatility | EFUND GOLD MI ETF rose over 9% as June non-farm payrolls unexpectedly cooled, delaying interest rate hike expectations, with the Federal Reserve's inflation risk cooling and dovish statementsUnderstanding the Market | GT GOLD rises over 8% as non-farm data disappoints, gold welcomes a strong rebound, acquisition of the Ning Shan gold mine enhances mineral resource portfolioUnderstanding the Market | CHINAHONGQIAO rose over 5% in early trading, aluminum prices are expected to rebound to a maximum of $3,500, highlighting the company's dividend valueRebound in Japanese and South Korean Stocks, U.S. Stock Futures RiseUnderstanding the Market | Gold Stocks Open Higher Across the Board as Fed's Short-Term Rate Hike Probability Cools, Gold Market Welcomes Rebound OpportunityTesla launches the three-row, six-seat Model Y in the U.S. six months ahead of schedule, further expanding its best-selling SUV product lineU.S. Job Seekers Back Off: Labor Force Participation Rate Hits 50-Year Low After Excluding Pandemic PeriodCICC: The US Dollar Index may return to a weak volatility range, and the market is expected to start "lagging curve" tradingSG Morning Brief | NFP Misses at 57K, Dow Hits Record but Chips Crash for 2nd Day; US Closed TodayIt is reported that Microsoft will integrate the enterprise and consumer versions of Copilot to respond to external AI competitive pressuresCICC: Non-farm payroll cooling supports the Federal Reserve not to raise interest rates or lower interest ratesPalantir CEO Slams Large Model Giants: Their Business Model Has Major Flaws, Imposing a "Tax" on Enterprises While Ignoring Enterprise Risk ManagementMeta's superintelligent executive claims to have caught up with OpenAI in the AI model competitionLiquidity and Leverage in the US Stock MarketHassett Criticizes Powell: Staying on at the Fed Is Highly Unusual, Hindering Trump’s Appointment of New NomineesWave of Private Credit Redemptions Persists! Blue Owl Faces Massive Redemptions Again, Restricts Withdrawals for Two Consecutive QuartersBreakfast | July 3, 2026Reminder: Key Focus for Intraday Trading (All times in Beijing Time)