Overview of Major Developments on the Evening of July 6
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12:00 (UTC+8) - 21:00 (UTC+8) Keywords: Broadcom, Saudi Arabia, UAE, Morgan Stanley1. Broadcom and Apple have extended their technology cooperation to 2031 through a new multi-year agreement2. Saudi Arabia has significantly lowered crude oil prices, marking the largest drop in at least 26 years3. Anthropic has signed a 20-year data center lease with Bitcoin mining company TeraWulf4. After a certain whale opened a Bitcoin long position, they encountered a Strategy coin selling announcement and are now facing a floating loss of $410,0005. The UAE's crude oil production in June surged to over 3.8 million barrels per day6. Morgan Stanley: The Fed is unlikely to raise interest rates in the second half of the year, and may even continue to cut rates next year
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