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US President Trump: We built the most advanced submarine ever. In submarines and other areas, we are 15 years ahead of our competitors.
Market news: Sources said that SoftBank is negotiating with multiple lending institutions to raise US$10 billion in margin loans, supported by OpenAI shareholding and repayment guarantees. Goldman Sachs, JPMorgan Chase & Co. and Mizuho Financial Group are expected to join the loan syndicate.
The Dow Jones Index closed down 12.98 points, or 0.02%, at 52306.22 points on July 1 (Wednesday);The S&P 500 Index closed down 15.97 points on July 1 (Wednesday) points, down 0.21%, to 7483.39 points;The Nasdaq Composite Index closed down 173.69 points, or 0.66%, to 26040.03 points on July 1 (Wednesday).
Market news: Apple (AAPL.O) is negotiating with the Trump administration on chip procurement.
U.S. President Trump: There will probably be a high temperature of 107 degrees Fahrenheit on July 4th, but I will still give a very long speech, just to prove that I can do anything.
A U.S. judge blocks the Postal Service from enforcing restrictions on mail-in ballots.
US President Trump: Fake news has been pretty good to me lately. When you behave as well as we do now, they probably have to be polite.
US President Trump: The relationship between the United States and Iran is very harmonious.
Mexico's Economy Minister: Reducing dependence on Asia for computers and electronics is key to Mexico's economic growth prospects.
Federal Reserve Chairman Warsh: Samantha Schwab, a staff member of U.S. Treasury Secretary Bessent, will be selected as an adviser.
Mexico’s Minister of Economy: The rules of origin for the Mexican automotive industry are among the most complex in the world.
Mexican Economy Minister: We still need to discuss the standards of rules of origin, there are systemic differences here.
Mexico's Economy Minister: It will be interesting to see how Canada participates in this in the coming weeks.
Mexico’s Economy Minister: He believes there are no substantive differences between Mexico, the United States and Canada that cannot be resolved. It is recommended that the United States reduce Section 232 tariffs on steel and aluminum and coordinate them at the regional level.
Mexico’s Economy Minister: Mexico hopes to address U.S. concerns about Mexico’s external dependence.
The Philadelphia Semiconductor Index extended its decline to 5.87%, Lam Group (LRCX.O) fell 11.24%, Applied Materials (AMAT.O) fell 11.24%, Micron Technology (MU.O) fell 9.42%, Intel (INTC.O) fell 8.11%, and ASML (ASML.O) fell 7.51%.
USGS: A 5.5-magnitude earthquake occurred in Julm, Afghanistan.
Qualcomm (QCOM.O) stock price has risen in the short term and is now up 1.6%.
According to the Wall Street Journal: Sources revealed that the prototype will run on a proprietary operating system integrating SpaceX’s (SPCX.O) xAI artificial intelligence technology. The prototype has a sleek design and is slimmer than the iPhone. The device will be powered by Qualcomm's (QCOM.O) Snapdragon chipset.
U.S. Department of Justice: A member of the cybercriminal hacker group Scattered Spider was arrested in Finland and extradited to the United States.