US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.

Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high

wallstreetcn18:41 ET

In June, China's e-commerce logistics index was 114.8 points, an increase of 0.9 points.

The China e-commerce logistics index for June 2024, jointly released by China Federation of Logistics & Purchasing and JD.com, was 114.8 points, with an expanded increase of 0.9 points.

Zhitong FinanceJul 4 05:10 ET

Musk: I came up with the name for OpenAI and created it to compete against Google.

Tesla CEO Elon Musk reminded attendees at the Cannes Lions International Festival of Creativity (CLIFC) that the current hot AI startup OpenAI was named by him. The predecessor of CLIFC was the Cannes Lions International Advertising Festival, which is the most influential and prestigious annual event in the global advertising creative communication and marketing industry. Every June, leaders of global communication groups, advertising clients, media organizations, production companies, public relations companies, creative teams, and industry organization representatives gather in the small town of Cannes to exchange ideas, collide with creativity, and inspire inspiration. Musk participated in this event this time.

環球市場播報Jun 19 10:51 ET

Yunji | 6-K: Report of foreign private issuer (related to financial reporting)

SEC announcementJun 11 09:17 ET · Announcements

Yunji GAAP EPS of $0.00, Revenue of $17.7M

Seeking AlphaJun 11 06:05 ET

Yunji To Fund Land Acquisition, Building Construction With Cash on Hand, Bank Financing >YJ

Yunji To Fund Land Acquisition, Building Construction With Cash on Hand, Bank Financing >YJ

Dow JonesJun 11 06:05 ET