Dow hits new high during trading session, Micron's market cap surpasses Meta for the first time.

ME News Update, June 26 (UTC+8), Desun Singularity Quick News Summary:

· U.S. Stocks: Dow Jones rose 0.14% to 51,920.62 points, hitting a record high of 52,655.66 points intraday; Nasdaq fell 0.46% to 25,358.60 points, S&P 500 fell 0.01% to 7,357.49 points, both seeing four consecutive declines. Major tech stocks fell across the board, with Apple down over 6%; chip stocks strengthened, with Micron Technology surging over 19%, surpassing Meta in market cap for the first time.

· Security Incidents: Cardano wallet service provider SecondFi disclosed attack progress, having identified two attackers; approximately 4.02 million ADA remain in the attackers' addresses and are under on-chain monitoring. Polymarket suffered front-end malicious code injection due to a third-party vendor breach, resulting in about 15 user accounts losing approximately $3 million. A suspicious DAO proposal appeared on Tornado Cash, potentially threatening about $23 million in DAO funds.

· Institutional Developments: Strategy's stock price fell below $90, with preferred stock STRC hitting an all-time low below $76 intraday. BitGo announced layoffs of nearly 15%, focusing on stablecoin and AI infrastructure core businesses. Sophon shut down its L2 blockchain to build consumer applications on Base.

· PCE and GDP: U.S. May core PCE annual rate was 3.4%, in line with expectations, the highest since October 2023; Q1 real GDP annualized quarterly final rate was 2.1%, higher than the expected 1.6%.

· AI and Tech: NVIDIA's Jensen Huang stated that AI is a "multi-decade long-term cycle," and tokens are becoming monetizable production units. DeepSeek posted a recruitment ad stating it is working to at least double the size of all departments. OpenAI tends to postpone its IPO to next year; SpaceX's stock price decline led to a change in its attitude.

· Others: Singapore's Monetary Authority established the "Future Finance Institute" to focus on promoting AI and tokenization. Invesco applied to the SEC for a money market fund focused on stablecoin reserves. Micron Technology reached a strategic agreement with Anthropic to supply AI storage and invest in its Series H round. (Source: Desun)