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TSMC crushed its quarter and raised its outlook, yet the whole chip complex got dumped anyway, because it also jacked up how much it plans to spend. Memory took the worst of it (SK Hynix -13%, SanDisk...
0708 | Dolphin Research Focus: Macro/Sector.
U.S. OFAC revoked the 60-day general license for Iranian oil transactions rolled out in Jun, allowing only wind-down deliveries through Jul 17; Iranian crude exports are fully banned thereafter.Washington cited Iranian attacks on merchant vessels in the Strait of Hormuz and failure to honor a ceasefire as the drivers of the policy reversal. It concurrently launched military strikes against Iran.Post-announcement, Brent and WTI jumped over 5% intraday, reinforcing expectations of tighter global crude supply. Near term, this is a positive for E&P and tanker names, while Mideast geopolitical risk is heating up again...
🐬 Stock 1, $TENCENT(00700.HK) WorkBuddy, Tencent's breakout enterprise agent, continues to see strong traction. Today Tencent simultaneously unveiled Hunyuan Hy3 and open-sourced it under Apache 2.0. The 295B-parameter MoE (21B active) supports a 256K context window and delivers agent/coding prowess on par with flagships that have 2–5x the parameters.
Pricing was cut again and tightly aligned with WorkBuddy, lifting task resolution from 72% to 90%. With a model–application flywheel in place, Tencent is pushing down the deployment cost of office AI...
