TechFlow Intelligence Agency: Chip stocks evaporate one trillion dollars in a single day, Bitcoin drops below 60k USD, US-Iran conflict escalates

Author: Deep潮 TechFlow

AI / Large Models

Claude is accused of "breaking" the rsync codebase

Some developers conducted a detailed analysis, pointing out that Claude introduced more bugs while assisting in developing rsync, sparking intense discussion in the HN community.

Hot discussion: Developers are debating whether AI coding tools are speeding up development or planting landmines in the code, and how to review AI-submitted code.

Analysis article | HN discussion

Anthropic releases "AI Self-Construction" report, Amodei warns RSI may be imminent

Internal documents from Anthropic show AI can now participate in improving its own research processes, with Amodei publicly warning that "AI may soon start self-building," prompting serious community discussion about RSI (Recursive Self-Improvement) no longer being science fiction.

Hot comment: Last week you were talking about how many bugs AI writes, and this week Anthropic says AI can improve itself quickly—speed is real, but whether the direction is right is another matter.

Reddit

DeepSeek V4 Flash impresses local deployment community

Llama.cpp is merging a PR supporting DeepSeek V4 Flash, early testers report speed and effectiveness exceeding expectations, local users are as excited as if a new phone was released.

Reddit

GitHub Copilot opens custom endpoints, local models can now be integrated

Users can finally point Copilot to their own model services, a big win for enterprise intranet deployment and local model enthusiasts.

Reddit

Strange shift in LLM inference research: now removing chain-of-thought

Researchers found that chain-of-thought can actually reduce performance in some scenarios, and are trying to train "implicit reasoning" models that do not output intermediate steps. AI research is truly spiraling forward.

Reddit

Cryptocurrency / Web3

Bitcoin drops below $60k, RSI hits new COVID crash levels

Driven by US non-farm payroll data far exceeding expectations and renewed rate hike fears, BTC fell below $60,000 in a single day, with technical indicators showing oversold levels comparable to the March 2020 pandemic crash.

Hot discussion: The community is debating whether this is a "diamond pit" or if there's more room to fall, with strong bullish and bearish disagreements.

Hot comment: BTC RSI drops to COVID levels—last time this signal appeared, it surged tenfold, but back then the 4.5% US Treasury yield wasn't there.

Analysis | Reddit

Ethereum DeFi "consumption layer" still a weakness

Community discussion points out that ETH supports most DeFi liquidity, but the experience for ordinary users in daily ETH transactions remains poor, and on-chain payments are still far from mainstream.

Reddit

Someone spent weeks manually comparing USDC yields and ended up creating a tool

A DeFi user tired of manual comparison built a USDC cross-protocol yield aggregation tool, asked for feedback on Reddit, and received many genuine user suggestions.

Reddit

Semiconductors / Hardware

Chip stocks evaporated over one trillion dollars in a single day, Philadelphia Semiconductor Index had its biggest single-day drop in six years

Non-farm data exploded, triggering rate hike fears, $SOXX fell 10% in one day: Marvell -16%, Micron -13%, AMD/Intel each down 11%, Broadcom -8%. The Nasdaq overall plunged over 4%, the worst single-day performance since April 2025.

Wallstreetcn | Wallstreetcn

Gemma 4 QAT version performs well on AMD GPUs

Quantitative Perception Training version Gemma 4 tested on AMD 7900 XTX: faster speed, less VRAM usage, lossless quality. Good news for local deployment users with AMD cards.

Reddit

Tech Companies

Google pays SpaceX $920 million monthly for computing power

Google signed a $920 million per month cloud computing agreement with SpaceX for AI training. This amount adds over ten billion dollars in annual revenue for SpaceX and makes SpaceX's AI infrastructure story more solid.

Hot comment: SpaceX sells rockets and computing power—Elon Musk is recreating Amazon’s model of using e-commerce to fund cloud services.

Reddit

Leaked documents reveal Microsoft wants AI products to make users "addicted"

Internal documents mention that Copilot's goals include creating "addictive" usage habits, sparking criticism from tech media and users.

Reddit | Source

Reid Hoffman leaves Microsoft board, fully commits to AI startup Manus

LinkedIn founder announces resignation from Microsoft board to focus full-time on AI agent company Manus under "founder mode."

TechCrunch

US Stocks

US May non-farm payrolls surged by 172k, nearly double expectations, market reacts strongly

Expected only 80k, actual 172k, the overheated job market directly kills rate cut expectations: 10-year US Treasury yield surpasses 4.5%, 30-year exceeds 5%, "New Federal Reserve News Agency" warns of hawkish rate hike discussions restarting.

Wallstreetcn | Wallstreetcn | Caixin

Kraft, McDonald's, Whirlpool CEOs simultaneously warn US consumers are "spending down savings"

Several consumer goods executives issued collective warnings of consumption downgrade in the same week, seen as one of the reasons for the current sell-off. When both corporate and macro signals turn red, markets find it hard to find support.

Yahoo Finance

S&P 500 refuses to open a backdoor for SpaceX, OpenAI and Anthropic also excluded

S&P committee maintains rules: unprofitable companies are ineligible, SpaceX, OpenAI, Anthropic are all rejected. Even high-valued AI unicorns must queue in front of traditional indices.

Ars Technica | HN

Finance / Macro

US-Iran escalation: US intercepts missiles and drones, strikes Iran radar stations

Iran launched 7 ballistic missiles at Bahrain and Kuwait and deployed drones approaching the Strait of Hormuz, all intercepted; US immediately struck two Iranian land-based radars. The Strait of Hormuz has been mostly closed since February 28, with ongoing oil supply risks.

CNN | Nikkei

Today's Hidden Line

Non-farm data hit three markets with one number: US stocks fell, crypto declined, chip stocks plummeted. On the surface, it's "jobs too good → rate hike expectations → liquidity tightening," but behind it is a deeper contradiction—consumer CEOs say Americans are spending all savings, yet employment data shows a strong economy; both signals can't be true simultaneously, one must be lagging. Meanwhile, the US-Iran conflict keeps the Strait of Hormuz blocked, and if oil prices rise, inflation will spike again, making the Fed's situation even more difficult. All today's "Black Fridays" are essentially markets pricing in a macro environment without a soft landing scenario.