Japanese and South Korean stock markets opened higher, with SK Hynix rising more than 2%.
According to Bitget market data, South Korea’s KOSPI index climbed to 6,800 points, with an intraday gain of 1.73%. Japan’s Nikkei 225 index broke through the 65,000-point level, rising 0.83% intraday. Among South Korea’s heavyweight stocks, SK Hynix added 2.05% and Samsung Electronics rose 2.61%.
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Tensions between the US and Iran ease, TACO’s prediction holds true once again, oil prices fall while equities rise, Bitcoin accelerates its rebound, and markets await Changxin’s listing.
Overnight to this morning, tensions between the US and Iran have continued to ease. Iran's Ministry of Foreign Affairs confirmed that information exchanges between Iran and the US remain ongoing, and mediators are continuing their related efforts. All of this is based on Trump's suspension of strikes against Iran. It can be said that against the backdrop of rising US Treasury yields and oil prices, TACO has come true again. Affected by this, international oil prices opened lower. As of press time, according to Bitget's market data, WTI crude oil is trading at $83.608, down 6.26% in 24 hours. Nasdaq futures opened 1.4% higher on Monday, while S&P 500 futures rose 0.76%. The 10-year US Treasury yield also fell, now at 4.632%, down 1% in a single day. Separately, according to HTX's market data, Bitcoin started an accelerated rebound this morning, now trading at $65,416.76, up 1% in 24 hours. In addition, Changxin Technology listed on China's STAR Market today. As of press time, the stock's contract on tradexyz is trading at $6.5424.
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Nvidia plans to provide $250 billion in financial guarantees for OpenAI's data center project.
According to The Wall Street Journal, NVIDIA (NVDA.O) is in negotiations to provide OpenAI with approximately $250 billion in financial guarantees to support a massive data center project—one of the largest financial transactions in the U.S. artificial intelligence boom. Sources familiar with the matter revealed that NVIDIA’s guarantee will help OpenAI lease the 10-gigawatt (GW) data center project SoftBank is developing in southern Ohio. The total cost of the project, including chips deployed within the data center, could exceed $500 billion, making it the largest data center project ever announced. The project’s power is controlled by the U.S. government, with Japan providing separate funding under a recent trade agreement. U.S. Commerce Secretary Gina Raimondo participated in power allocation decisions. Under the arrangement, NVIDIA will guarantee a series of financing instruments to strengthen lenders’ confidence in the project’s funding security. Terms have not been finalized, and the deal could still collapse. The $250 billion guarantee will cover debt required for the data center’s leasing and construction, but not NVIDIA’s chips installed in the facility.
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Israeli Prime Minister: This visit to the US aims to understand the US President’s views on the Iran issue.
Israeli Prime Minister Benjamin Netanyahu said in an interview that the conflict between Israel and Iran will only end when Iran’s current regime is overthrown or so weakened that it is forced to abandon its nuclear program. He emphasized that Iran’s nuclear program must be terminated "regardless of whether an agreement is reached". When discussing the planned meeting with U.S. President Donald Trump, Netanyahu noted that the meeting will not focus on delivering new intelligence, as the military and intelligence agencies of the U.S. and Israel are already in close cooperation. He stated that the purpose of the trip is to discuss with Trump and understand his thinking, adding that the development of the situation largely depends on Trump’s final decision. In addition, Netanyahu also commented on the U.S.-Saudi nuclear deal. He expressed agreement with Trump’s stance that "Saudi Arabia can only access a civilian nuclear deal", and stressed that both Israel and the U.S. will never allow Saudi Arabia to possess a military nuclear program. Netanyahu also said he will "definitely" attend the United Nations General Assembly to be held in New York in September. (CCTV News)
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