Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

According to Reuters, citing an official familiar with the negotiations, mediators are expected to hold separate meetings with the U.S. and Iran on Monday or Tuesday. Iran’s foreign minister and Qatar’s mediators will remain in the U.S. A source close to the negotiations said the talks will focus on a revised version of the 7-day proposal Iran tabled during the UN General Assembly. Following the news from Jinshi Data APP, U.S. WTI and Brent crude oil futures dropped roughly $1 in the short term, hitting $93.92 and $99.82 per barrel respectively. Stock and cryptocurrency markets rallied in the short term.

Billionaire investor Bill Ackman says the Federal Reserve’s 25-basis-point benchmark interest rate hike to a range of 3.75% to 4.00% is likely a mistake. He argues the AI arms race is driving big tech firms to keep expanding capital expenditures; even with rising borrowing costs, companies will likely continue building data centers and purchasing computing power, undermining the traditional dampening effect of rate hikes on investment demand. Meanwhile, higher interest costs could also pass through to goods and services prices via supply chains and pricing mechanisms, adding further inflationary pressure. Ackman noted that the current AI investment boom is likely altering the transmission mechanism of traditional monetary policy. Bridgewater data shows Alphabet, Amazon, Meta and Microsoft are expected to spend at least $650 billion on AI-related investments this year. Gartner projects global AI spending will hit $2.7 trillion by 2026, a 49.5% year-over-year increase. Mark Zandi, chief economist at Moody’s Analytics, also previously said the Fed’s rate hike at this juncture is a “mistake”, warning that to push inflation back to its 2% target, the Fed may need to curb the AI investment boom or suppress other segments of the economy. U.S. inflation remains above the Fed’s 2% target, and markets are pricing in further rate hikes. CME FedWatch data indicates 30-day federal funds futures imply roughly a 64% probability of an October rate hike.

According to monitoring by The Data Nerd, a newly created wallet with the address 0x80Fa withdrew approximately 17,500 QNT from Coinbase a few hours ago, valued at around $4.69 million.

Michael Saylor(@saylor)'s @Strategy bought another 1,665 $BTC($142.66M) at $85,681 last week. Strategy now holds 847,666 $BTC($70.7B) at an average price of $75,437 and is currently sitting on an unrealized profit of $6.75B(+10.56%).

NVIDIA’s current portfolio consists of 13 publicly listed companies and 229 private firms. The contract value reported by Anthropic alone tops $180 billion. Today, NVIDIA announced it is increasing its stock repurchase authorization by $150 billion. Meanwhile, the company’s total committed amount rose from $119 billion in the prior quarter to $279 billion.

Strategy added 1,666 BTC to its holdings last week, lifting its total position to 847,666 BTC.