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The US Federal Reserve and the Office of the Comptroller of the Currency (OCC) want to give major financial institutions ample time to test this brand new technology and deeply understand its enormous disruptive potential. Currently, regulators and banks are working closely together to conduct comprehensive security stress tests on this model. According to sources familiar with the matter, delaying some cybersecurity inspection timelines will help regulators continually optimize and adjust their existing cyber supervision methodologies during this process. Meanwhile, on-site examiners continue to maintain frequent daily communication with major banks regarding cybersecurity issues. (Bloomberg)

CBOT corn futures fell by 0.37%, while CBOT wheat futures rose by 0.53%. CBOT soybean futures fell by 0.23% to $12.1025 per bushel. Soybean meal futures dropped by 0.66%, and soybean oil futures declined by 0.34%.

This indicator is calculated based on the interactive performance between the iShares Semiconductor ETF and the iShares Expanded Technology-Software Sector ETF over the past 40 trading days, and closed in negative territory for the first time in history last Friday. Even within the S&P 500 index, the traditional correlation between chip stocks and software stocks, although barely positive, has deteriorated to its weakest level since 1994. Read more