📰 BlockBeats Latest News Summary

1. After the U.S. initial jobless claims data was released, the probability that the Federal Reserve will keep interest rates unchanged in July is 87.7%

2. Morgan Stanley expects the growth rate of storage prices to peak in Q4 this year

3. DeepSeek valuation exceeds RMB 350 billion

4. In the week ending July 11, the number of U.S. initial jobless claims was 208,000, versus the expected 217,000

5. Alpaca completes a $135 million funding round, led by Peak XV

6. “Maji” increases its ETH long position to $30.66 million, with an unrealized profit of $4.27 million

7. Bank of America raises JPMorgan Chase’s target price to $420, saying there is still room for upside even after it releases strong earnings

8. ARK Invest rebuts a16z’s view that “traditional finance will adopt blockchain instead of DeFi”: institutions in the future will rely increasingly on DeFi infrastructure

9. Iran instructs the Houthi forces: if the U.S. attacks power facilities, then the Strait of Hormuz will be blocked

10. TSMC is down 4.64% in pre-market trading; previously announced an increase in capital expenditures over the next three years

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