Stifel gives SK Hynix a buy rating with a target price of $240

According to Bloomberg, AI cloud infrastructure company Volta Infra Holdings has completed $300 million in financing, achieving a valuation of $2.4 billion. The round was led by Andreessen Horowitz and Altimeter Capital, with participation from NVIDIA and Dell Technologies founder Michael Dell. Volta Infra Holdings has secured support from a $5 billion customer financing pool and partnered with Bitdeer to sign a six-year cloud computing service contract worth $10 billion. Volta Infra Holdings, founded by Ricard Boada and Sofia Gumuzio, has locked in 1 gigawatt of power resources and plans to develop new sites in Texas and Wyoming.

According to reports, Federal Reserve Secretary Paulson holds an open attitude towards the prospects of monetary policy, stating that the Fed's policy is moderately restrictive. If the monetary policy is not restrictive enough, the data will show high inflation. If the policy is appropriate and energy prices fluctuate greatly, the data can temporarily ignore its impact.

US Treasury Secretary Besson said on CNBC that an agreement on the Strait of Hormuz is about to be reached. （Cointelegraph）

Bloomberg ETF analyst Eric Balchunas said that the Coldcard security incident may prompt investors to turn to Bitcoin ETFs, and traditional financial institutions' experience in asset custody is becoming a new selling point for trust. Eric Balchunas believes that compared to Canadian companies with only five employees, large financial institutions are more likely to gain the trust of some investors in asset custody, risk management, and security systems.

US Treasury Secretary Besson said that the Federal Reserve must focus on the situation in the next 9, 12, and 18 months, with very mild basic inflation data, slowing core inflation, and the end of the K-shaped economic era.