On June 24, Brent crude oil dropped below $75 per barrel for the first time since the outbreak of the Iran conflict, declining by 2.16% during the day.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Brent Oil Falls Below $75 for the First Time Since Iran Conflict Erupted
-
Wechat scan to share
Recommended for you
-
Spot Silver Plummets 5%, Down 52% from January Highs
On June 24, spot silver fell by 5%, dropping over $3 during the day to approach $58 per ounce, marking a new low since December of last year and a 52% decline from the January peak. New York silver futures experienced a sharp drop of 6%, currently reported at $58.34 per ounce. -
Brent Crude Oil Futures August Contract Drops 4% to $73.95 per Barrel
Brent crude oil futures for the August contract have seen an intraday decline of 4%, currently priced at $73.95 per barrel. -
SpaceX (SPCX.US) Pre-Market Stock Price Drops 2.7% to Daily Low
On June 24, SpaceX (SPCX.US) saw its pre-market stock price decline expand to 2.7%, reaching a daily low. -
Meta and Microsoft Lead with Data Center Leasing Commitments Exceeding $850 Billion
On June 24, Bloomberg reported that Meta Platforms Inc. and Microsoft Corp. each committed billions of dollars in additional data center leasing expenditures during their most recent fiscal quarters, further increasing the overall investment in the AI sector. These commitments have pushed the total future data center leasing commitments of major cloud computing companies to over $850 billion. An analysis of regulatory filings shows that as tech giants compete to expand their server clusters, the amounts of these leasing commitments have continued to rise over the past year. These future leasing costs are additional to existing leasing contracts and will not appear on the balance sheet until the companies begin actual payments. While these leasing commitments typically pertain to data centers, they may also encompass facilities such as offices or warehouses. Some leasing contracts include specific clauses that allow companies to terminate future performance obligations under certain conditions. -
BTC Falls Below $62,000
Market data shows that BTC has fallen below $62,000, currently priced at $61,996.15, with a 24-hour decline of 0.14%. The market is experiencing significant volatility, so please ensure proper risk management. -
Brent Crude Near-Term Spread Turns to Futures Premium for the First Time Since February
On June 24, the near-term spread of Brent crude oil turned to a futures premium for the first time since February. -
OpenAI and Broadcom (AVGO.O) Jointly Launch AI Chip
OpenAI and Broadcom (AVGO.O) have jointly launched an artificial intelligence chip designed to run models faster and more economically. (Jinshi) -
Spot Gold Falls Below $4,000 Mark
On June 24, spot gold fell below the $4,000 per ounce mark for the first time since November last year, dropping approximately $1,600 from this year's record high of $5,596 per ounce. -
U.S. Current Account Deficit Reaches $226.8 Billion in Q1
On June 24, the U.S. current account deficit for the first quarter was reported at $226.8 billion, exceeding the expected deficit of $215 billion. The previous value was revised from a deficit of $190.7 billion to $221.1 billion. -
Goldman Sachs Warns: AI Investment Boom Not Peaking Yet, But Market Pricing Clearly Ahead of Fundamentals
On June 24, Goldman Sachs stated in its latest research report that the AI investment boom has not yet peaked, but the market pricing for its future returns is clearly ahead of macroeconomic realizations. The firm pointed out that the share of U.S. technology investment in GDP has surpassed the peak during the internet bubble of the 1990s, with capital expenditure expectations for major cloud providers being revised up nearly 80% in the past six months for 2026. This wave of investment continues to drive revenue and profit growth in the semiconductor, cloud computing, server, and data center supply chains, leading to increasingly high valuations for AI-related assets. However, unlike the late 1990s, the current risks no longer primarily stem from a pure valuation expansion detached from fundamentals, but increasingly from the market's expectations for the long-term sustainability of high profit margins and capital returns. Goldman Sachs believes that the core contradiction of the AI market is intensifying: fundamentals remain strong, but the market has already priced in too much future earnings.
Daily Must-Read
-
SuperStrike: As AI Takes Over Financial Decision-Making, A New Era of Wealth Creation Begins
-
The largest IPO in history! Panoramic analysis of SpaceX's IPO: trillion dollar valuation, track change, and Musk's trillion dollar net worth
-
The 90 trillion yuan track is officially legalized: the United States opens up perpetual contracts on the blockchain, and encrypted finance completely rewrites the global trading landscape
-
PayStill Enters the Pure PAYS Era: A Value Aggregator Embarking on a New Growth Cycle
-
Bitwise deep review: Cryptocurrency market faces three major structural changes, reverse layout window opens as bear market ends
-
Goldman Sachs makes a heavy judgment: AI supply chain boom spillover, MLCC opens a new cycle of ultra long quantity price until 2030
All Comments