Artificial intelligence, computing power, chips, data: another "code" Lisa Su gave AMD. Golden Finance: The Rise of CPUs.

The Indonesia Stock Exchange identified 300 additional stocks with highly concentrated ownership, bringing the number identified to more than four times the original count. According to Sina Finance, the exchange said the 300 stocks, along with 83 already slated for removal, will be excluded from the relevant indexes; together, the newly added stocks account for about 6% of the benchmark index’s total market capitalization, and no list was disclosed. Indonesia is accelerating regulatory measures in response to a warning from MSCI Inc. last month. MSCI said concerns about alleged coordinated trading and opaque ownership could put Indonesia at risk of a two-step downgrade from emerging-market status. The exchange and regulators have tightened rules in recent months, following the first related complaints in January, but MSCI said the measures remain insufficient and called for further enforcement action.

According to ChainCatcher citing Dachang Ribao, Ctrip announced at an all-hands meeting last week that it would roll out a product-and-engineering integration system companywide, centered on the Directly Responsible Individual (DRI) model. The system brings product, operations, frontend, backend, algorithm and testing staff together in project-based teams, crossing traditional functional boundaries. DRIs may come from product, operations or technology leadership. Team members will collaborate across functions, and the DRI will make final decisions. Some teams in Ctrip’s travel, air ticketing and content divisions have begun adopting the model, with implementation varying by team and no companywide mandate for a uniform rollout. The report says the move reflects AI-era blurring of job boundaries and aims to shorten delivery cycles and speed decisions. It also notes that the model requires DRIs with both technical understanding and business insight, and that qualified leaders are scarce.

According to Kabutan, Yonhap and HKET, Japanese stocks extended gains for a third session on Wednesday as major chip stocks drove the market higher. The Nikkei 225 stood at 61,131.13 as of 04:32 UTC, up 671.55 points, or 1.11%. Advantest rose 4.14% and Tokyo Electron added 2.79%, while SoftBank Group fell 0.52% and Sony slipped 0.26%. Seoul's KOSPI reversed an early decline as technology stocks rebounded, despite concerns that hotter-than-expected U.S. inflation could prompt further interest rate hikes. After opening 0.56% lower, the index stood at 5,343.41 as of 04:32 UTC, up 104.28 points, or 1.99%. Samsung Electronics rose 2.56% and SK hynix gained 5.53%. As of 11:20 a.m. local time, Korea Aerospace Industries had jumped 7.02% and Hanjin KAL had dropped 14.23%. The Korean won traded at 1,337.20 per U.S. dollar at that time. Hong Kong stocks fell as rate-hike pressure built. The Hang Seng Index ended the morning session down 204 points at 24,352 after opening 202 points lower, with half-day turnover of HK$83.82 billion; the Hang Seng Tech Index fell 1.4% to 4,028. Meituan dropped 3.51%, WuXi AppTec fell more than 3% and CATL rose 2% against the trend. Zhipu fell 0.5% in the half-day session after rising more than 8% earlier. Taiwan's TAIEX opened at 43,135.76 and stood at 43,831.02 as of 04:33 UTC, up 1,119.10 points, or 2.62%. TSMC rose 3.72% to NT$2,370, contributing more than 700 points to the index, after its board approved investments of up to $500 million each in Anthropic common shares and OpenAI preferred shares. MediaTek added 3.00%, and several printed circuit board makers hit their daily limit up. In mainland China, stocks were mixed at the midday break. As of 04:33 UTC, the Shanghai Composite stood at 3,654.95, down 0.24%; the Shenzhen Component Index was at 11,253.67, up 0.11%; and the CSI 300 was at 4,047.21, down 0.29%.

According to ChainCatcher citing the Financial Times, X user 3X Long Labubu (@labubu_trader), who identifies as a Silicon Valley AI engineer, said he bought Anthropic shares at an $18 billion valuation during FTX’s bankruptcy liquidation. He jokingly thanked SBF as “the greatest angel investor.” The Financial Times previously reported that Anthropic’s underwriters were preparing to raise the IPO price above the $70–$78 range, potentially valuing the company at more than $1.5 trillion. That would be about 83 times the reported purchase valuation. Public information describes 3X Long Labubu as an AI engineer focused on inference and training who trades AI and semiconductor stocks in his spare time and has about 77,000 followers on X. FTX and Alameda invested about $500 million in Anthropic in 2021. After FTX’s bankruptcy, its estate sold the stake in several tranches in 2024.

According to Jin10, Moody's Ratings said in its latest macro outlook that global economic growth is expected to slow from 2.8% in 2025 to 2.6% in 2026, then stabilize near that rate in 2027 and 2028. Advanced economies are expected to grow about 1.7% next year, while emerging-market growth may slow from 4.5% in 2025 to about 4% in 2027. Moody's said overall inflation would ease as oil prices peak and hover near the upper end of a range of $90 to $110 per barrel, before beginning to decline in mid-2027. Central banks may opt for limited rate increases rather than begin a sustained tightening cycle. Capital spending by hyperscale cloud providers is expected to remain high at about $1 trillion next year, but its support for GDP will weaken as spending growth slows from about 100% this year to 25% next year.

Google DeepMind announced the official release of Gemini 4 Carbon, touted as "Google's most powerful model to date," specifically designed for complex, long-cycle tasks.

Google's most powerful yet groundbreaking model, the Gemini 4 Carbon, has been fully released!

A deep analysis of the logic behind the Trump administration's weak dollar policy and intervention in the bond market.

Binance has warned iPhone users that an iOS flaw called "worse_query" could let rogue apps read other apps' files, including crypto seed phrases and private keys. Apple has issued updates, but it has not said whether they fix it.

This paper analyzes the settlement rules of different pre-IPO contracts and the conversion logic between total market capitalization valuation and single-share valuation in the Anthropic IPO.

Artificial Intelligence, AI Agents, and the Behavioral Boundaries of AI Agents Across Applications: From "Authorization Disputes" to "Rules Embedded" (Jinse Finance) Is User Authorization Enough? Compliance Challenges of AI Agents Operating Across Applications.

After digging deeper into the context of Huang Renxun's recent downfall, it's fairly certain that the underlying strategy was to eliminate Nvidia's lobbying forces in Washington.

Can the mainnet base fee burning rate remain stable? Will Layer 2 fees flow back to Layer 1? How will the ETH/BTC price ratio perform over the next six months? These specific questions are the real tests that Ethereum will face next.

Zcash's growing developer community aims to lower the barriers to entry for privacy-focused digital currencies. Grayscale believes this strong momentum will continue to support protocol-level innovation and ultimately drive ZEC's valuation upward.