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Glonhui July 2｜According to Bloomberg, German software giant SAP SE is restricting new employee recruitment and cutting back on non-AI related business travel, reallocating the saved funds to its AI strategy. This adjustment in expenditure structure comes alongside a large-scale management reshuffle. SAP CEO Christian Klein has personally taken over the AI product development initiative known as Project Fuji, assuming the responsibilities of outgoing board member Muhammad Alam, with no successor announced yet. Chief Operating Officer Sebastian Steinhäuser has taken charge of industrial AI operations.

BlockBeats News, July 2, according to market data from BIT(bit.com), the Nasdaq turned down by 0.3% during US trading hours, with the storage sector experiencing a deep pullback. Despite Trump praising Micron twice today, it did not help the stock price performance. MU fell below the $1,000 mark, and SanDisk dropped more than 10%. Micron Technology (MU) fell 4.2%; Seagate Technology (STX) fell 6.2%; Western Digital (WDC) fell 6.2%; SanDisk (SNDK) fell 10.1%; New Memory ETF KMEM fell 8.1%;Roundhill Memory ETF (DRAM) fell 6.45%. At noon today, Trump stated: Micron, this truly great American company, also one of the world's hottest companies, announced a historic $250 million investment into the Trump account. This incredible move, driven by Micron’s outstanding CEO, will make countless children extremely happy in the near future. This is the largest corporate investment of its kind, and on the 250th anniversary of the founding of the United States, it will mark the starting point of the American Dream for these remarkable children. In the evening, Trump stated: Micron is a great American company, and they have announced an investment of $250 million into the Trump account to benefit the future of children. Today, Micron’s stock price rose by $9. Thank you, Micron!

According to Foresight News, Bitget market data shows that FTT briefly surged to 0.319 USDT and is now trading at 0.274 USDT, rising over 30% in the past 15 minutes. In terms of news, the White House is reportedly discussing the "250-person pardon" to commemorate the 250th anniversary of American independence. SBF formally submitted a pardon application to the Department of Justice in June this year, but according to the White House spokesperson, Trump has not considered pardoning SBF.