CSA Group, a Canadian product testing and certification company, is exploring a sale that could value the business at around C$2 billion ($1.4 billion), according to people familiar with the matter, Bloomberg reported. The company has hired Jefferies to advise on the process, the people said.

The euro zone’s European Central Bank three-year CPI expectation was 2.9% in May. According to Jin10, the reading compared with a market expectation of 2.80% and a previous value of 2.90%.

Emerging-market stocks were headed for their biggest weekly decline since early March, weighed down by a renewed selloff in technology shares that hit South Korean equities, according to Bloomberg.

The European Central Bank said it expects income growth over the next year to reach 1.0%, up from a previous expectation of 0.8%. According to Jin10, the ECB updated its outlook by lifting the projected income growth rate for the coming year.

Consumer pessimism about the outlook for GDP growth has eased, the European Central Bank said. According to Jin10, the ECB provided no additional details in the statement.

OpenAI has decided to restrict the deployment of GPT-5.6 after receiving a phone notification from the Trump administration. According to Odaily, OpenAI CEO Sam Altman said in an internal memo that the company will provide a limited preview of GPT-5.6 to a small number of partners, with the U.S. federal government approving customer access on a case-by-case basis. Altman said that if testing proceeds smoothly, the model will be made available to a broader public in the following weeks.

Precious metals have continued to receive structural support from official-sector buying and tight mine supply through late June, according to analyst commentary. According to Jin10, FxEmpire analyst Arslan Ali said two forces have underpinned the sector: ongoing purchases by official institutions and constrained supply from new mine output. He said central banks have been increasing gold reserves as part of diversification efforts to hedge against high global debt levels and shifting monetary policy conditions, making this demand source relatively independent and a persistent source of buying. Ali also said new mine supply for both gold and silver has remained tight. He noted that gold output has not shown significant growth since a prior peak, citing aging mines and rising extraction costs. He added that silver faces similar constraints, though supply pressures are partly eased because silver is often produced as a byproduct of other metals. On the demand side, Ali said industrial demand for silver has remained strong in processing and manufacturing, particularly in sectors such as solar photovoltaics, electronics, and electric vehicles. He said this trend has been reinforced by the global energy transition, providing relatively stable structural support for silver prices, alongside silver’s role as a monetary asset. Ali added that investors in the precious metals market, including ETFs and physical metal holders, have also contributed to relatively steady demand for gold and silver.

RootData data shows more than 60 cryptocurrency projects have shut down so far this year. According to NS3.AI, the three defunct projects with the largest investment amounts were all backed by Andreessen Horowitz. The projects listed were Yupp, which had $33 million in investment, Syndicate with $27.8 million, and Entropy with $26.95 million.

A blank-check company associated with Cantor Fitzgerald is seeking investor backing for an upcoming crypto deal by letting them commit less money than they originally pledged. According to Bloomberg, the company is trying to secure support by offering investors the option to reduce their commitments from initial pledges.

Li Feifei refuted the claim that "the cost of intelligence is close to zero": Human intelligence integrates multiple dimensions such as perception, space, body and emotion, which is far beyond what large models can replicate.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Micron reported record Q3 results with revenue of $41.456 billion, a gross margin of 84.9%, and net income of $28.24 billion, surpassing Nvidia and Meta.

Consumer AI subscription models are facing a dilemma: token costs continue to rise, but users' willingness to pay is not growing at the same pace.

Saylor said he was just selling 32 bitcoins as a test, but the sky fell; the market simply couldn't withstand the test.

AI-driven inflation in memory chips has transformed from a "supply-side frenzy" into a "demand-side poison."

This marks the first regulatory paradigm shift among major global economies to fully upgrade crypto assets from "means of payment" to "financial products."

Strategy designed the most ingenious cocoon, and then trapped himself.

BitGo Holdings has laid off about 15% of its workforce as the crypto infrastructure company reshapes its business around what it sees as the industry's next major growth areas: artificial intelligence, stablecoins and digital settlement.

OpenAI is reportedly considering delaying its planned IPO until 2027 after deciding to maintain its US$1 trillion valuation target rather than accept a lower market valuation.