BlockBeats report: On June 29, the United States struck Iranian military targets again over the weekend, prompting Iran to attack vessels near the Strait of Hormuz and launch missiles and drones toward Kuwait and Bahrain, temporarily halting U.S.-Iran ceasefire negotiations. However, both sides subsequently agreed to resume a cessation of hostilities and continue technical negotiations regarding the ceasefire memorandum of understanding (MOU).
Due to geopolitical developments, international oil prices rose slightly, with Brent crude and WTI crude reaching approximately $72.31 and $69.82, respectively. However, global financial markets showed limited reaction, as investors increasingly shifted their focus to the recovery of the technology sector.
The demand for AI computing power continues to strain memory chip supplies. Large tech companies like Apple and Microsoft can absorb costs through price increases, while some small and medium-sized enterprises face greater pressure. Meanwhile, SpaceX is poised to become one of the fastest companies ever added to the Nasdaq 100 index.