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05:03
AI boom drives emerging Asian stock markets to record highs; rising oil prices and a stronger US dollar weigh on Asian currencies
Golden Ten Data reported on June 1 that driven by sustained enthusiasm for artificial intelligence trading, emerging Asian stock markets have risen to record highs. Despite the ongoing war in Iran, the AI boom has supported global stock markets. The MSCI Emerging Markets Index rose by as much as 2% on Monday, reaching an all-time high, led by AI leaders in South Korea and Taiwan, China. Denise Cheok from Moody's Analytics said: "Although there are numerous risks lurking in the near term, the AI boom continues. The industry's tailwinds have fueled growth in some parts of Southeast Asia that participate in the tech ecosystem, but concentration in a single sector also poses the risk of a sudden drop in AI demand." Meanwhile, rising oil prices have put external fiscal pressure on several Asian countries that are net fuel importers. This has weighed on their currencies, with the Indonesian rupiah and Indian rupee being the worst-performing currencies so far this year. Wee Khoon Chong, an Asia-Pacific market strategist at the Bank of New York, stated, "Stock market strength has not translated into currency strength. Asia-Pacific currencies are weighed down by a stronger US dollar and a rebound in crude oil prices, with recent terms-of-trade pressures being the biggest drag on many Asia-Pacific currencies."
04:52
Multicoin Capital Co-Founder: Web3 is dead, now we only have DeFi and DePIN left
Foresight News reported that Starknet co-founder Eli Ben-Sasson tweeted that the crypto industry is currently facing an identity crisis. On one hand, many long-term OGs are choosing to leave; on the other, institutions and TradFi are finally starting to pay attention—precisely the entities that crypto originally resisted. In response, Multicoin Capital co-founder Kyle Samani commented, "Web3 is dead, now we are left with only DeFi and DePIN."
04:46
"The redefinition of PCs is as revolutionary as the transition to smartphones!" Nvidia launches three brand new Windows PC product lines
According to 动察 Beating monitoring, Jensen Huang announced during his GTC Taipei 2026 keynote speech that NVIDIA and Microsoft are not just redefining laptops, but the entire PC category. He simultaneously launched three new Windows product lines, covering laptops, desktops, and workstations, all 100% compatible with Windows and fully supporting CUDA and Tensor Core.The three product lines are: RTX Spark Laptop (featuring the N1X SoC, targeted at consumers and creators); RTX Spark Desktop (MSI is the first to launch, capable of running a personal AI Agent 24/7, connecting all home devices, and serving as a “home AI hub”); and DGX Station for Windows workstation (with 768GB RAM, 20 PFLOPS of computing power, and 8 TB/s memory bandwidth, capable of running trillion-parameter models right at your desk, aimed at large model and Agent developers).Jensen Huang then made a bold prediction. He compared this PC revolution to the transformation from mobile phones to smartphones 15 to 20 years ago: “Today, you do everything with your phone except make calls. The PC ten years from now will be the same—it will be completely different from what you think of a PC today.” He predicted that in the future, every household will have an AI supercomputer, just like every home today has a home theater or a gaming console. “It will run your Agent and assistant 24/7, helping you with various tasks. Over time, it will become more and more like R2-D2 and C-3PO, and less like a traditional computer.”
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