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On July 1, Microsoft plans to announce layoffs next week, which will be less than 2.5% of its total workforce.

```htmlGolden Ten Data reported on July 1 that Australia's South32 said on Wednesday it has agreed to sell most of its aluminum assets to Alcoa (AA.N), with the deal implying an enterprise value of up to $5.6 billion. According to the agreement, Alcoa will acquire South32's stakes in Worsley Alumina in Australia, Hillside Aluminium in South Africa, MRN Bauxite Mine in Brazil, an alumina refinery in Brazil, and an aluminum smelter in Brazil. South32 added that Alcoa will also assume approximately $1.2 billion in closure and site remediation liabilities related to these assets. The transaction is expected to be completed in the second half of 2027, after which the Australian mining company plans to distribute a "fully tax-free" special dividend of about $500 million to shareholders. In another statement, Alcoa said this cash and stock deal is expected to generate a net present value synergy of approximately $900 million by optimizing the operations of complementary assets.```

In May, the US JOLTS job openings slightly rebounded to 7.59 million, surpassing expectations, with labor demand remaining steady.Reports state that a Trump envoy is set to hold indirect talks with Iran in Doha, while Qatar downplays the likelihood of a major breakthrough.Official disclosures reveal that Trump's cryptocurrency business in 2025 has earned over $1 billion, with major holdings in US tech giants.At the end of the month, the People's Bank of China implemented a "one increase, one decrease" operation: overnight reverse repos doubled to 600 billion, precisely smoothing cross-quarter liquidity.China's June manufacturing PMI rose to 50.3, returning to expansion territory, while the non-manufacturing business activity index continued to expand.After surpassing a market capitalization of 1 trillion, Cambricon issued a risk warning. CCTV commented on Cambricon's market cap exceeding 1 trillion: Before the milestone, even more sobriety and composure are needed.Robot girlfriends have arrived! UBTECH launches a major product, with the highest price set at 990 thousand.Anthropic has released its value-for-money ace, Claude Sonnet 5, enhancing agent capabilities and targeting the enterprise AI automation market.There's widespread discussion as reports claim that NVIDIA's Rubin Ultra, comprising 4 chips, was "canceled just three months after release." SemiAnalysis notes, "NVIDIA's market share is being eroded."Reminder: On Wednesday, data will be released on China's June RatingDog Manufacturing PMI, US June ADP Employment Change, and US June ISM Manufacturing Index.