News

Risks between the US and Iran persist, leading to significant volatility in equity markets as both gold and oil experience a rare simultaneous decline.

Golden Ten Data reported on June 23 that in early trading on Tuesday, European stock markets fell sharply, with global tech stocks' selling pressure dragging down major indexes. The Europe Stoxx 600 Index fell 1% intraday, with technology and basic resources being the largest declining sectors. European chip stocks such as ASML, ASM International, STMicroelectronics, and Infineon saw their share prices drop between 3% and 6% intraday. However, the declines in European markets are more limited compared to other global indexes, such as Japanese and Korean stock indexes, which have been hit harder due to a broad sell-off among chip manufacturers. Previously, media reported that SK Hynix is slowing the expansion of its AI memory chip production and shifting its focus to more cost-effective commercial DRAM products.

According to ChainCatcher, official information indicates that MY Group has officially announced a strategic investment of 6 million US dollars in the AI finance project ANTON, becoming its strategic investor. Reportedly, this investment will be used to support ANTON’s long-term development in areas such as the AI finance strategy library, BAS agent cluster, AT ecosystem liquidity, community network, and global market building. MY Group stated that both parties will carry out deep collaboration around AI, Web4.0, and AIFI, jointly promoting the real implementation of an intelligent financial ecosystem and building foundational intelligent financial infrastructure for the future.