Last night, U.S. stocks soared again! The Nasdaq index set a new historical high, and the tech AI + crypto dual main lines we have always emphasized continue to perform spectacularly, truly impressive.

On the other side, driven by technology and AI, Tesla rose nearly 5%, NVIDIA nearly 3%; Apple rose by 2.22%, and Google's A shares rose by 1.59%. Among AI concept stocks, C3.ai rose by 5.09%, and Oracle rose by 5.03%.

On one side, driven by the crypto ecosystem, Robinhood soared by 6.12%, followed closely by the exchange Coinbase at 5.7%, and the large coin holder MicroStrategy also surged by 7%.

However, the stablecoin CRCL, after a significant rise earlier, is now entering an adjustment period and is bottoming out.

On a macro level:

  • Last night, the U.S.-Vietnam trade agreement was reached—supply chain pressure eased, related concepts like LULU and NIKE surged.

  • The U.S. Treasury Secretary stated that the Federal Reserve may cut interest rates in September or 'earlier,' and rate cut concept stocks UPST surged.

There are three major macro events worth continuous tracking:

1. July 9: Deadline for reciprocal tariffs
The U.S. may impose tariffs on semiconductors and critical minerals, which could affect tech and mining stocks.

2. July 24-25: China-Europe Summit
Rare earth, electric vehicle tariff negotiations are the focus, and the new energy sector may see significant fluctuations.

3. End of July: China---Meeting
Will $500 billion in new financial instruments come? Will real estate and consumption have significant benefits? This will impact A-shares and Hong Kong stocks at a critical moment.

On an industry level:

Robinhood has seized the heat and has become the most eye-catching player in the recent market. The CEO announced a brand new crypto strategy matrix at a press conference in Cannes, France.

This internet brokerage has directly announced its entry into 'U.S. stock tokenization,' planning to turn thousands of stocks into on-chain tokens by the end of the year, achieving 7×24-hour trading!

In simple terms, in the future, you can buy and sell stocks of Apple and NVIDIA on the blockchain, and even trade equity in unlisted companies like OpenAI! Moreover, Robinhood has also developed a Layer 2 public chain to enhance trading speed and launched a credit card cashback for buying currencies, completely bridging traditional finance and the crypto market.

What does this mean?

Stock trading has entered an all-weather era, no longer waiting for U.S. stock market opening; the boundaries between traditional finance and crypto have completely blurred, and in the future, all assets may be able to be traded on-chain.

McKinsey predicts that by 2030, the scale of physical assets on the blockchain could reach $20 trillion, but currently, the market value of tokenized stocks is only $388 million, which is less than 0.003% of the traditional stock market, indicating immense potential.

However, challenges are not small; U.S. regulations have not fully relaxed, and Robinhood's services may be launched overseas first. But in any case, this new generation of financial revolution has already begun.

Regarding Hong Kong and A-shares:

Alibaba, JD, and Meituan are caught in a competitive quagmire, and the consumption concept has recently become obsessed. These days, I have been intensively chatting with friends who are 'truly achieving results in the investment field,' and I have many new insights. The consensus is that choosing the right market is the first step. Everyone has their own investment rules: for example, 'never touch A-shares again in this life,' 'never trade options again,' etc.

The current investment strategy remains unchanged; U.S. tech AI + cryptocurrencies continue to be the main investment line, with small positions doing simple swing trading in Hong Kong and A-shares.