International Finance

According to the latest reports, Chevron has signed a long-term power supply agreement with Microsoft, planning to generate electricity on-site using “surplus natural gas” from the Permian Basin to power Microsoft’s data centers in Texas. The project’s ultimate generating capacity is expected to reach 2.67 gigawatts. This transaction directly links AI computing power, power grid

SpaceX shares tumbled more than 10% on Monday, and if the decline holds at the close, it would mark the third consecutive session of losses, signaling a clear cooling of the stock’s initially strong post-IPO rally. Tech giants’ AI investments are increasingly exceeding their free cash flow capacity, with global AI-related bond issuance projected to

Micron Technology continued to set fresh record highs on Monday, with its market capitalization surging to $1.33 trillion. In terms of news flow, the company announced a strategic collaboration and supply agreement with Anthropic covering memory and storage solutions, further reinforcing the AI storage narrative. The consecutive record highs have also objectively raised the bar

The U.S. Department of the Treasury issued a general license authorizing, through August 21, transactions involving the production, transport, and sale of Iranian-origin crude oil, petrochemical products, and petroleum products. As a result, international oil prices have continued to decline. June 22 — Following the signing of a ceasefire memorandum of understanding between the United

①Artificial intelligence startup Reflection AI has signed a cooperation agreement with SpaceX, under which it will pay SpaceX $150 million per month starting next month. ②Reflection is an AI laboratory focused on open-source models, offering governments and enterprises greater flexibility in AI deployment. June 23 – According to the latest reports, open-source AI startup Reflection

US pharmaceutical giant AbbVie announced on Monday that it will acquire biotechnology company Apogee Therapeutics for $10.9 billion, marking its largest merger and acquisition transaction in more than five years. The deal aims to strengthen AbbVie’s therapeutic pipeline in inflammatory diseases such as atopic dermatitis and asthma, and to secure Apogee’s lead candidate drug, zumilokibart.

① Google shares fell more than 7% in intraday trading on Monday, triggered by the departure of two key AI talents who joined Anthropic and OpenAI respectively. ② Market concerns are growing that, as competition in AI agents intensifies, Google is visibly lagging in product deployment and commercialization momentum, making it harder to justify large-scale

The Trump administration on Monday proposed relaxing oil and gas drilling regulations on federal lands, including significantly reducing the bond amounts required for well plugging and reclamation liabilities, in an effort to encourage more energy exploration. The move aligns with President Trump’s policy objectives of reducing regulatory burdens on businesses and promoting domestic fossil fuel

US President Donald Trump signed executive orders on Monday, directing the acceleration of high-performance quantum computer development for scientific research and the enhancement of government systems’ capacity to counter related cybersecurity threats, thereby solidifying America’s leadership in this critical technological competition. Michael Kratsios, Director of the White House Office of Science and Technology Policy, stated

①AbbVie announced its acquisition of biotechnology company Apogee Therapeutics for $10.9 billion. ②SpaceX signed a computing power cooperation agreement with open-source AI startup Reflection. ③Chevron partnered with Microsoft to supply natural gas directly from oil fields to data centers. June 23 (Xinhua) – On Monday Eastern Time, the three major U.S. stock indexes closed mixed.