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According to Jinshi, U.S. President Trump stated that the Supreme Court remanded the case regarding the qualifications of Federal Reserve Board member Cook to a lower court solely on procedural grounds. He emphasized that appropriate action would be taken immediately to ensure that those who have committed misconduct do not continue to make decisions on significant matters concerning the welfare of the United States.

According to Bloomberg, AirTrunk, a data center operator under Blackstone Inc., has selected partner banks and plans to conduct a real estate investment trust (REIT) initial public offering (IPO) in Singapore.According to informed sources, the fundraising scale for this IPO is expected to be around $1.5 billion, with the listing work likely to be completed as early as this year. Currently, Citigroup Inc., DBS Group Holdings Ltd., and Jefferies Financial Group Inc. have been chosen to assist in preparing for the listing project.

According to official news, the BNB Chain ecological autonomous AI economic infrastructure Astarter announced strategic support from institutions such as Vega Ventures, UZ Capital, Go2Mars, and BitBT Ventures, further strengthening the AI ecological layout. Astarter had previously received investment led by EMURGO, with strategic support from other institutions including MH Ventures, Avstar Capital, 316VC, CRT Labs, and Megala Ventures.It is reported that Astarter aims to build a full-stack infrastructure for AI intelligences on the BNB Chain, providing proprietary computing power, runtime execution, on-chain settlement, and identity capabilities for on-chain AI intelligences. The products include AI computing power nodes ABox, a decentralized exchange (DEX), Launchpad, and CORE intelligence layer, with the native token being AST. The Astarter mainnet and TGE are planned to launch in the third quarter of 2026. This strategic cooperation will further promote Astarter's development in computing power networks, products, and ecological aspects.

CITIC Construction Investment Research Report points out that the following factors will determine the trend of the third quarter market: In terms of fundamentals, AI computing power remains at a high level of prosperity, with mid-year performance and overseas financial reports worth paying attention to. At the same time, since April, under pressure from the macro economy, the economic measures from the Politburo meeting in July are quite important; In terms of liquidity, external disturbances have increased, while internal conditions remain neutral; In terms of risk appetite, geopolitical events and the listing of industry giants will cause short-term fluctuations in the market. Considering the global tech stock correlation effect, major overseas computing powers such as Japan, South Korea, and the United States also need to be continuously monitored.In terms of industry allocation, although the logic of AI computing power remains unchanged, volatility has intensified. It is recommended to be cautious about chasing highs and to position during pullbacks; lithium batteries are expected to welcome a peak season, and energy storage demand continues to warm up, while new energy presents opportunities for phased valuation recovery; dividends are expected to rebound from oversold conditions, with relatively high cost-performance ratios. Key areas to focus on: banks, coal, public utilities, AI, optical modules, storage, chips, industrial metals, lithium battery materials (VC), etc.

Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 177,570 JUP yesterday, worth approximately $39,000. This month, it has accumulated purchases of 13,346,232 JUP, worth about $2.93 million. So far, its total purchases amount to 142,703,464 JUP, worth approximately $31.4 million.Jupiter Strategic Reserve Trust is the official on-chain treasury fund of Jupiter, automatically transferring 50% of the revenue from the Jupiter protocol, continuously buying and holding JUP tokens in the open market through smart contracts, and is often humorously referred to by the community as the "Litterbox Trust."

According to the latest disclosure by the Federal Trade Commission (FTC), Musk has obtained antitrust approval for the acquisition of the optical network startup Mesh Optical Technologies, which means the FTC has completed a rapid antitrust review and will not challenge the transaction on competitive grounds, clearing a major regulatory hurdle for the advancement of the deal. However, it has not yet been disclosed whether the transaction has been signed or completed.Mesh was founded by former SpaceX engineers, and its core product is optical transceivers for AI data centers, which can improve energy efficiency, reduce latency, and enhance reliability compared to traditional network hardware, in order to meet the demand for millions of optical connections brought about by the growth of AI computing clusters. The founding team was involved in the development of the laser communication system for SpaceX's Starlink satellite network and plans to deploy optical communication technology into space in the future, adapting to the inter-satellite laser communication needs of orbital data centers and AI satellite networks. The company completed over $50 million in financing led by Thrive Capital in February of this year.Acquiring Mesh is one of SpaceX's initiatives to strengthen the competitiveness of large-scale computing clusters. Currently, SpaceX has listed AI computing power as a core business segment, and its xAI has been operating a total of approximately 1GW computing power with the Colossus and Colossus II training clusters, making it the first company to deploy coherent gigawatt-level AI training clusters; among them, Colossus II will add over 400MW of computing power and introduce over 220,000 GB300 chips. It has signed computing power cooperation agreements with Anthropic, Google, Reflection AI, and others, directly competing with large-scale cloud providers such as Amazon Web Services, Microsoft Azure, and Google Cloud. This year, SpaceX has also reached a Terafab chip manufacturing plan with Tesla and Intel, extending its vertical integration capabilities in chip design and manufacturing.In the past week, SpaceX's stock price ended its upward trend, closing at $153.23 per share, down over 32% from its peak of $225.64 per share.

Grayscale Research's research director Zach Pandl stated that rather than raising the STRC preferred stock dividend yield by 50 basis points, it would be better to sell over $3 billion in Bitcoin to meet cash payment obligations and restore market confidence. As an institutional researcher, Zach Pandl publicly suggested that Strategy's sale of over $3 billion in BTC has certain indicative significance.If Strategy ultimately implements a large-scale sale, it will bring considerable selling pressure to the market and may weaken the narrative of companies continuously hoarding Bitcoin. This viewpoint also reflects market concerns about Strategy's capital structure and its heavy reliance on the sustainability of its Bitcoin balance sheet. Attention should be paid to Strategy's official response and whether there are actual Bitcoin transfers in its on-chain wallet.

According to official news, AI-assisted development of the Web3 infrastructure layer Canopy has completed a $8.5 million seed round financing, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital.The raised funds will be used to support its mainnet launch, expansion of the engineering team, and the development of native AI development tools.

According to the Financial Times, Apple is lobbying the Trump administration for approval to purchase memory chips from Chinese chipmaker Changxin Storage. Due to multiple factors leading to a rise in memory prices, Apple unusually raised the prices of MacBook and iPad on Thursday, resulting in a market value loss of $263 billion. Apple hopes to alleviate the financial pressure from suppliers by including Changxin Storage in its list of memory suppliers.Changxin Storage and Yangtze Memory Technologies have currently been placed on the U.S. Department of Defense's blacklist of Chinese military companies (the 1260H list). The U.S. Department of Commerce had planned to add Changxin Storage to the entity list last year, but the White House postponed the plan due to ongoing trade negotiations with China at that time. Currently, aside from Chinese companies, the global memory chip industry is mainly dominated by three companies: U.S.-based Micron, and South Korea's Samsung and SK Hynix.

According to official news, OpenAI has officially launched the preview version of the next-generation GPT-5.6 series models, including the flagship model Sol, the balanced model Terra, and the fast low-cost model Luna. GPT-5.6 introduces a brand new maximum reasoning effort and features a super strong mode that accelerates complex tasks through sub-agents.The flagship model Sol introduces the Ultra mode, which combines maximum reasoning intensity with sub-agent collaboration. In the Terminal-Bench 2.1 command line workflow test, Sol achieved a score of 88.8%, which increased to 91.9% in Ultra mode, surpassing GPT-5.5's 83.4% and Claude Fable 5's 88.0%. The mid-range model Terra performs close to GPT-5.5 while being priced at half, and the lightest model Luna is designed specifically for everyday automation tasks. Sol is priced at $5 per million input tokens and $30 for output, and it supports reducing secondary call costs by utilizing prompt caching.In terms of security, the security assessment confirmed that Sol did not exceed the critical thresholds of the Preparedness Framework cybersecurity. OpenAI has invested over 700,000 A100 equivalent GPU hours in automated red team exercises, equipping the entire series of models with a defense stack that includes rejection mechanisms, real-time abuse classifiers, and account-level audits. Although the current limited release follows the U.S. government's security framework, OpenAI emphasizes that it does not want a government-led access mechanism to become the long-term default model, as it would limit defenders' access to cutting-edge tools.

The "Trump Account" plan launched in the United States will open for registration and initial funding on July 4. This plan was first proposed with the Great American Beautiful Act. The account allows parents to set up tax-deferred investment accounts for children under 18, and family, friends, and employers can jointly contribute to the account, with a maximum annual deposit of $5,000, and the future limit will be adjusted for inflation.In addition, the Trump Account also allows businesses to provide subsidized contributions for employees' children, with a maximum of $2,500 per year. The account will automatically convert to a traditional IRA structure once the holder turns 18, allowing for continued investment and additional funding.

According to Onchain Lens monitoring, after being inactive for 1 month, a certain whale withdrew 1.6 million TRUMP from Binance, worth 2.7 million dollars. This whale currently holds 17 million TRUMP, worth 2.88 million dollars.

According to Cointelegraph, cryptocurrency infrastructure company BitGo Holdings announced layoffs of about 15%. BitGo co-founder and CEO Mike Belshe stated that this move aims to optimize team structure and focus resources on core areas such as security, trading, stablecoins, settlement, and AI-driven infrastructure.According to data disclosed in BitGo's annual report (with a total of 603 full-time employees by the end of 2025), this round of layoffs may involve about 90 people. Belshe described this as a "one-time adjustment" and does not expect further job cuts in the future. Affected by related news and the overall downturn in the cryptocurrency market, BitGo's stock price (BTGO) fell 4.67% to $4.80 on Thursday, down nearly 73% from its issuance price of $18 when it went public in January this year.

According to WEEX TradFi data, the US stock market has been fluctuating recently, with funds continuously focusing on AI infrastructure-related directions, among which the AI power and energy sector has shown strong performance. Among them, Eaton (ETNON, a leader in data center power management) rose by 3.15%, Vistra (VSTON, an AI power and generation company) rose by 2.22%, and GE Vernova (GEVON, a leader in grid equipment and generation facilities) rose by 1.65%. WEEX Labs believes that the expansion of AI computing power continues to increase the power demand of data centers, and power management and energy infrastructure are becoming important supporting links in the AI industry chain, with increasing attention on related assets.

According to PR Newswire, the AI Agent infrastructure project Orthogonal announced the completion of a $4.3 million seed round financing, led by Pantera Capital, with participation from Y Combinator, Pioneer Fund, Decasonic, Blast, Outbound, Surreal, and others.Orthogonal positions itself as the underlying infrastructure for internet discovery, orchestration, and payment aimed at AI agents, providing a full suite of capabilities for service retrieval, cross-tool task automation, and on-chain instant payments.It is reported that the funds raised in this round will be used for core platform iterative development, expanding the engineering and marketing teams, continuously increasing the scale of platform developers, and improving the interconnectivity ecosystem for AI agents.

According to PR Newswire, AI Agent infrastructure company Sail Research announced the completion of $80 million in seed and Series A financing, led by Kleiner Perkins and Sequoia Capital, with participation from Redpoint Ventures, CRV, Theory Ventures, and others.Sail Research focuses on building infrastructure for AI Agents, aiming to address the computational power, cost, and operational limitations of current artificial intelligence systems in long-duration, multi-step tasks. Its API is compatible with OpenAI interfaces and supports mainstream open-source models such as DeepSeek and Gemma.

According to PR Newswire, AI infrastructure company Neurometric AI announced the completion of a $4 million financing round, with participation from Betaworks, ex-Ante, Everywhere.vc, and others.The company disclosed that it has officially launched an automated Token engineering platform to optimize the cost and performance management of AI Agent workloads, and the new funds will be used to expand the engineering and AI research teams.

Renowned analyst PlanB stated that Bitcoin is likely to bottom out only after falling below the realized price (around $53,000), just like what happened in previous bear markets. Currently, the curve representing the realized price has been almost overlapping with the black curve representing the 200-week geometric moving average since 2023.

Amazon announced plans to invest an additional $13 billion to expand its AI and cloud computing infrastructure in India. Combined with its previously announced $35 billion investment plan in 2025, Amazon's total investment in India will reach $48 billion from 2026 to 2030.It is reported that the new funding will focus on expanding the capacity of AWS data centers located in Mumbai and Hyderabad, providing customized AI chips, AI hosting services, and reliable cloud technology support for local startups, enterprises, and government agencies. In addition, Amazon plans to add more than 20 operational centers and over 100 distribution stations across India this year to deepen its e-commerce and logistics business layout. It is expected that by 2030, Amazon's cumulative total investment in India will exceed $88 billion.