Investment Management - A former college basketball star is now managing over $4 billion for Morgan Stanley [1]

Technology & User Experience - Starknet is chosen when tech drives UX, not just marketing [1] - The SN Stack is the tech foundation powering the next generation of finance [1] Financial Applications - StarkPay highlights banking, payments, privacy, and DeFi as key applications [1] - Starknet enables scaling for financial applications [1]

Market Overview - The S&P 500 reached a new milestone, closing above 6,400 for the first time on August 13, 2025, driven primarily by large-cap technology stocks [1] - Investors continue to favor large-cap U.S. tech stocks, indicating a sustained trend in this direction [1] Performance of Top Stocks - The 20 largest companies on the S&P 500 have outperformed the index, rising an average of 40.6% since the market bottom, compared to the index's overall gain of 27.9% [2] - The top-performing stocks include NVIDIA, Microsoft, Apple, Amazon, Alphabet, Meta, Broadcom, Tesla, JPMorgan, Netflix, Oracle, and Palantir, all of which are supported by AI-backed fundamentals [3] Industrial Sector Insights - The industrial sector is also benefiting from AI spending, with companies capitalizing on the technology's infrastructure demands [4] - A long-term opportunity is anticipated as more companies adopt AI to enhance margins and productivity [4] AI-focused ETFs - Several AI-based exchange-traded funds (ETFs) are highlighted for potential inclusion in investment portfolios [5] - The Global X Artificial Intelligence & Technology ETF (AIQ) provides exposure to companies benefiting from AI development and implementation, charging 68 bps in fees [6] - The iShares Exponential Technologies ETF (XT) focuses on equity securities involved in groundbreaking technologies, with a fee of 46 bps [7] - The Global X Robotics & Artificial Intelligence ETF (BOTZ) invests in companies benefiting from robotics and AI adoption, charging 68 bps in fees [8] - The ARK Autonomous Technology & Robotics ETF (ARKQ) seeks long-term growth by investing in autonomous technology and robotics companies, with a fee of 75 bps [9] - The ROBO Global Robotics & Automation Index ETF (ROBO) measures performance of companies deriving revenue from robotics and automation, charging 95 bps in fees [11]

Market Trend - Bitcoin industry is the fastest growing industry in the world [1] Investment - Eric Trump is investing billions into Bitcoin [1]

Company Focus - Rogo, based in New York City, is developing a chatbot for junior bankers [1] Product & Service - The chatbot aims to assist with tasks such as number crunching, presentation and spreadsheet preparation, and basic research [1] Target User - The chatbot is specifically designed for junior bankers [1]

Group 1: Market Trends - Small-cap stocks, represented by the Russell 2000, gained over 1% in midday trading, contrasting with the S&P 500, which remained relatively unchanged due to major technology stocks [2][4] - The Russell 2000 has increased more than 4% this week, indicating it is on track for its best week since May [3] - The CNBC Magnificent 7 Index, tracking seven megacap technology companies, lost 0.3% after reaching a 52-week high earlier in the day [1] Group 2: Federal Reserve Expectations - Investors are increasingly confident that the Federal Reserve will cut interest rates at its upcoming meeting on September 16-17, which would particularly benefit small companies reliant on borrowed capital [4][5] - Interest rate futures traders are pricing in a nearly 100% likelihood of a rate cut from the current 4.35% to a range of 4.50% at the September meeting, a significant increase from less than 60% a month ago [5] - A growing number of economic and political voices are advocating for rate cuts, especially following weaker-than-expected job growth and a cooler-than-expected consumer inflation report [6] Group 3: Political Influence - President Trump and his allies have criticized Fed Chair Jerome Powell's rate policy, urging the Federal Open Market Committee to ease monetary policy [8] - Treasury Secretary Scott Bessent suggested that the Fed should lower rates by at least 1.5 percentage points, proposing a 50 basis point cut in September [9] Group 4: Performance Comparison - Despite recent gains, small caps have underperformed compared to larger stocks, with the Russell 2000 advancing less than 26% since the introduction of the ChatGPT app in late 2022, while the S&P 500 has climbed 64% during the same period [10]

A Former College Basketball Star Now Managing Over $4 Billion For Morgan Stanley https://t.co/tatGziO79g https://t.co/tatGziO79g ...

Regulatory Landscape - Paxos 正在申请美国国家信托银行牌照 [1] - Paxos 加入 Circle 和 Ripple 的行列，寻求获得美国国家信托银行牌照 [1]

Core Viewpoint - Huawei is set to release groundbreaking technology in AI inference on August 12, which may reduce China's reliance on HBM (High Bandwidth Memory) technology and enhance the performance of domestic AI large model inference, thereby improving the AI inference ecosystem in China [2]. Group 1: AI Industry Trends - The AI industry is shifting from "pursuing the limits of model capabilities" to "maximizing application value," with inference becoming the focal point of the next stage of AI development [3]. Group 2: Importance of HBM - HBM is crucial for addressing "data transportation" issues. A lack of HBM can significantly degrade user experience in AI inference, leading to problems such as task stalling and slow responses [4]. Group 3: Financial Sector Applications - Huawei, in collaboration with China UnionPay, will unveil the latest applications of AI inference, exploring scalable implementation paths in the financial sector. AI has become a core driver of intelligent transformation in finance, and the application of AI inference technology is accelerating the efficiency of financial services [5]. - As of June, Huawei has partnered with over 11,000 partners in the financial sector, serving more than 5,600 financial clients across over 80 countries and regions [5].

Fundraising - World Liberty Fi (WLFI) is considering establishing a public company to manage its WLFI Fundraising [1] - The fundraising target for WLFI is $15 billion [1]