U.S. May CPI year-over-year increased by 4.2%, and the three major U.S. stock indices all fell nearly 2%.

ME News News, June 11 (UTC+8), a quick overview of DeSingularity's content:

·Macroeconomic data: U.S. May CPI rose 4.2% year-over-year, inflation rebounded combined with rising Middle East tensions pushing oil prices higher, market trading "inflation rebound + geopolitical risk + tech stock valuation retreat."

·U.S. stock performance: Dow down 1.87% to 49,918.79 points, Nasdaq down 1.98%, S&P 500 down 1.62%; chip stocks continued to decline, Philadelphia Semiconductor Index fell about 3.6%.

·Crypto market: Total crypto market cap slightly increased by 0.31% to $2.14 trillion, fear index remains in extreme fear zone at 15, contract liquidations around $264 million, leverage cooling at low turnover.

·Institutional updates: Figure acquires AI real estate loan platform Kiavi for $717 million; Tether leads Series C funding for robotics company NEURA Robotics; OpenAI considers significant price cuts, expected to compete for users with Anthropic.

·Trading updates: Founder of Equation News shorts SpaceX pre-market contracts, planning to hold for 3 to 12 months; Raydium attack caused losses of about $1.34 million, fully compensated by the treasury.

·Industry updates: SK Hynix plans to double wafer capacity by 2034; oil prices rise, U.S. threatens new strikes on Iran, risking fragile ceasefire agreements.

·Sector movements: Token gainers HMSTR (+56.50%) and STRAX (+36.38%) lead the rally; DeFi sector surges with +16.39%, AI Agents up slightly by +1.35%; U.S. tobacco +2.29%, oil and natural gas production +2.24%. (Source: Desun)