Putin briefed Trump on the battlefield situation, and Trump said he would continue to mediate the Russia-Ukraine conflict.
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The escalating conflict between Russia and Ukraine has drawn attention from risk markets, with Trump speaking separately with Putin and Zelensky.
According to BlockBeats, on July 6th, CNBC reported several significant developments in the Russia-Ukraine situation over the past 72 hours. US President Trump spoke separately with Russian President Putin and Ukrainian President Zelensky. Following the Ukrainian drone attack on Russian oil depots and port facilities in St. Petersburg, Russia launched its second large-scale airstrike on Kyiv within a week, prompting renewed market focus on geopolitical, energy security, and European defense risks. Zelensky stated that he had discussed the situation on the front lines with Trump and agreed to continue consultations at the upcoming NATO summit, saying, "There is a real chance to end this war, and America's resolve is crucial." The Kremlin stated that Trump and Putin spoke for approximately 90 minutes, discussing ending the Russia-Ukraine conflict and the prospects for future US-Russia cooperation. Kremlin aide Ushakov stated that the call was "pragmatic and constructive," with Trump emphasizing the need to end the conflict as soon as possible to unlock the potential for cooperation between the two countries. Meanwhile, Ukraine has recently intensified its attacks on Russian energy facilities and military targets. According to Ukraine, it attacked a large oil terminal in St. Petersburg and the Kronstadt naval base, home to the Russian Baltic Fleet, causing fires at the facilities. In response, Russia launched a large-scale missile and drone attack on Kyiv early Monday morning, killing at least 11 people and severely damaging several residential buildings. The Institute for War Studies (ISW), a US think tank, believes that Russia is attempting to convey to the West a narrative that it still maintains the initiative on the battlefield, while the Trump administration has recently been more publicly mentioning Ukraine's progress in long-range strikes against Russian military and energy facilities, indicating that the public relations battle between the two sides over the battlefield situation continues.
A summary of the latest situation in the Middle East: Trump approves plan to strike Iran; Iran believes the US will cause peace talks to fail.
BlockBeats reports the following is a summary of the latest situation in the Middle East on July 8th: Conflict Situation: Trump approved the strike plan against Iran. US officials stated that the strike against Iran was a "punitive action, not a reciprocal response," and that the operation "will not end anytime soon." A US official stated that the strike launched by the US against Iran on Tuesday was four to five times larger and more powerful than the strike launched 10 days earlier. The US revoked a general license authorizing the sale of Iranian oil, allowing related final transactions to continue until midnight Eastern Time on July 17th. This move is reportedly in response to Iran's recent firing on three merchant ships in the Strait of Hormuz. The Iranian Foreign Ministry stated that some merchant ships were sailing without coordination and had turned off or tampered with AIS signals, hindering safe navigation in the Strait of Hormuz. It urged regional countries and shipping companies to avoid any actions that violate the memorandum. The U.S. Central Command stated that its forces have initiated a series of powerful strikes against Iran in response to Iranian targeting and attacks on commercial shipping operated by civilian crews in international waterways. Iran's Foreign Ministry condemned the U.S. Treasury Department's revocation of the temporary suspension of sanctions on Iranian oil sales. U.S.-Iran Negotiations: Iranian Foreign Minister Araqchi stated that if the threats persist, negotiations for a final agreement will not begin; please honor your commitments. Iran's Supreme Leader's advisor, Rezaei, stated that it is clear the U.S. will cause the negotiations to fail. Lebanese diplomatic sources indicated that Lebanon refused to hold the sixth round of Lebanon-Israel talks in Rome, insisting that negotiations should continue in Washington. Strait of Hormuz: A liquefied natural gas (LNG) carrier was attacked in the Gulf of Oman. Multiple explosions occurred in the southern Iranian port city of Sirik. Explosions were heard on Qeshm Island and Bandar Abbas in southern Iran. British Maritime Authority: The threat level in the Strait of Hormuz has been raised to "serious".
The concept of computing power leasing continues to rise, with multiple stocks, including YunSai Zhilian, hitting the daily limit.
According to Mars Finance, the computing power leasing concept continues to rise, with YunSai Intelligent Link and DataPort hitting the daily limit. Previously, Wangsu Science & Technology, Hengwei Technology, Nanxing Shares, and 263 had also hit the daily limit, while Sangfor Technologies and Feilixin both rose by more than 14%. (Cailian Press)
Hangjin Technology: Net profit for the first half of the year is expected to increase by 191%-308% year-on-year; the intelligent computing power sector continues to perform well and has become the main source of profit.
According to Mars Finance, Hangjin Technology (2024111120230) announced that it expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between 40 million and 56 million yuan, representing a year-on-year increase of 191.45% to 308.03%. The performance change is mainly due to the continued positive development of the intelligent computing power segment, which has become the main source of profit, with an estimated profit of 137 million to 153 million yuan; the chemical segment is affected by declining sales prices, and is expected to incur a loss of 85 million to 100 million yuan. Note: The company's Q2 net profit is expected to be between 24 million and 40 million yuan, and Q1 net profit is 16 million yuan. Based on this, Q2 net profit is expected to change by 47% to 146% quarter-on-quarter. (Cailian Press)
Tether CEO warns AI giants' computing power subsidy model: Multiple cycles of mismatch continue to accumulate industry risks.
On July 4th, PANews reported that Tether CEO Paolo Ardoino published an article on the X platform, questioning the current expansion model of AI giants subsidizing computing power in exchange for user scale. He stated that leading global AI technology companies are continuously increasing their investment in computing infrastructure to seize market share, resulting in huge capital expenditures. However, the economic depreciation cycle of computing assets such as GPUs and servers is only 3 to 5 years, and the hardware depreciates extremely quickly. This creates structural mismatch risks: token prices are decoupled from the real value of assets, the profit realization cycle lags behind the capital investment cycle, and the cost of capital does not match the debt repayment period. At the same time, open-source AI models continue to divert market demand and compress commercial revenue space.
Trump hinted that Warsh was having a difficult time at the Federal Reserve and continued his attempts to get rid of the "troublemaker."
PANews reported on July 3 that, according to Jinshi News, following the release of the latest US jobs report, US President Trump refused to advise Federal Reserve Chairman Warsh in an interview, stating that the new chairman "must do what he has to do." Trump said, "Wash has a council that is perhaps a little hostile, and unfortunately, that council may want to do the wrong things." Trump also stated that he will continue to push for the dismissal of Federal Reserve Governor Cook by "winning the lawsuit." Trump has long favored lowering interest rates.