On July 6, Thibault Sottiaux, the head of core products at OpenAI, confirmed on social media that the Ultra version of the next-generation flagship model GPT-5.6 Sol will integrate with Codex. Previously, users complained that OpenAI's decision not to include GPT-5.5 Pro in Codex was a significant oversight. If GPT-5.6 Ultra is integrated, developers may not even need to pay for Claude anymore; Sottiaux subsequently confirmed that the Ultra version is indeed planned for Codex.
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OpenAI Codex to Integrate Next-Generation Flagship Model GPT-5.6 Sol Ultra
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Morgan Stanley Warns: US Stocks May Struggle to Reach New Highs as Investors Rotate Away from Tech
On July 6, Morgan Stanley strategists indicated that as investors pull out from the strongest performing tech stocks of the year and shift towards other sectors, US stocks may face resistance in reaching new historical highs. This rotation could weaken the previous market leadership dominated by AI and large-cap tech stocks. The analysis pointed out that most of the positive economic and earnings news has already been priced in by the market, leading to stagnation in index performance, which requires genuinely unexpected positive news to continue rising. The market is increasingly looking for solid evidence that substantial AI capital expenditures can translate into sustained returns, rather than just an expanding expenditure figure. This uncertainty is prompting more funds to shift from large-cap tech stocks to a broader range of equities. Morgan Stanley advises investors to focus more on the realizability and quality of earnings, to take some profits in small-cap stocks, and to increase allocations to beneficiaries of AI applications in certain sectors. Previous research from the firm also showed that despite strong performance in large-cap tech stocks in the third quarter, their stock price increases have significantly lagged, leading to lower valuations, contrasting sharply with industrial and cyclical sectors that have continued to rise due to rate cut expectations, further evidencing a shift in market funding structure. -
Central Cyberspace Administration Launches First Phase of 'Clear and Bright: Rectifying AI Application Chaos' Initiative
On July 6, according to the Cyberspace Administration, the 'Clear and Bright: Rectifying AI Application Chaos' initiative has been underway since April 2026. The Central Cyberspace Administration has focused on issues such as failure to comply with large model registration obligations, insufficient security and review capabilities of AI platforms, AI data poisoning, and inadequate implementation of synthetic content identification. Local cyberspace departments have been tasked with advancing the key rectification efforts of the first phase and have established a 'Reporting Zone for AI Application Chaos' to specifically handle public complaints. Through collaborative efforts, over 14,000 non-compliant websites, applications, and AI products have been addressed in the first phase, over 6 million pieces of illegal information have been cleared, more than 26,000 accounts have been dealt with, and over 1,300 non-compliant AI products and 9 non-compliant open-source datasets have been removed, achieving positive progress in all areas. -
Oracle Shares Rise Nearly 4% Pre-Market with Launch of Four New Fusion Intelligent Applications
On July 6, Oracle (ORCL.US) saw its shares rise nearly 4% in pre-market trading, reaching $145.81. Recently, Oracle announced the launch of four new Fusion intelligent applications designed to help organizations improve inventory visibility, reduce the impact of supplier and operational issues, and enhance manufacturing efficiency, thereby improving supply chain performance. These new intelligent applications are integrated within Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) and are driven by a collaborative team of multiple specialized AI agents, featuring result-oriented, proactive response, and logical reasoning capabilities, specifically designed for enterprise-level applications. Additionally, to further enhance organizational supply chain resilience, Oracle has also introduced a new inventory optimization feature. -
TSMC Rises Over 2% Pre-Market; Citi Expects Revenue Guidance Increase for 2026
On July 6, TSMC (TSM.US) rose 2.58% in pre-market trading, reaching $445.36. TSMC is set to announce its second-quarter earnings in mid-July. A report from Citi indicates that TSMC may further raise its revenue growth expectations for 2026 during the upcoming earnings call, primarily due to sustained demand for advanced chips and improved long-term visibility. Compared to its peers, TSMC's most notable advantage lies in its production capacity. 'Despite increasing competition in the foundry sector, this scale advantage will continue to support wafer pricing, customer stickiness, and the sustainability of profit margins,' Citi stated. Furthermore, regardless of changes in customer structure, TSMC is expected to be a major beneficiary of the ongoing growth in AI semiconductor demand. Additionally, Goldman Sachs has raised TSMC's ADR target price from $550 to $600 ahead of the second-quarter earnings announcement, reaffirming its 'Buy' rating. Goldman Sachs believes that demand for AI and high-performance computing (HPC) has become a structural growth engine for TSMC over the years. Last quarter, the firm observed that momentum for 2027 is particularly strong, especially due to demand from AI accelerators and server CPUs, with demand in advanced process nodes and advanced packaging continuing to far exceed supply. Goldman Sachs anticipates that TSMC will further accelerate its capacity expansion and capital expenditures, while ongoing productivity improvements and strategic pricing will drive profit margins toward a structurally higher trajectory in 2027 and beyond. -
Bernstein: SK Hynix's DRAM Gross Margin Expected to Reach 90.9% in Q2
On July 6, investment research firm Bernstein estimated that SK Hynix's DRAM gross margin for the second quarter of this year is expected to reach 90.9%, approaching the peak of the economic cycle as recognized by the market, with a projected increase to 92% in the third quarter. This growth is primarily driven by high demand for HBM; SK Hynix holds approximately 60% of the HBM market share and is a major supplier to Nvidia. Industry insiders noted that in the history of global manufacturing and technology, very few physical hardware manufacturing businesses, aside from software and platform-based light asset companies, have been able to push gross margins above the absolute high of 90%. -
Market News: Citigroup Becomes Fifth Bank to Clear Trades in London OTC Gold Market
Market news: Citigroup has become the fifth bank to clear trades in the London over-the-counter gold market, the largest gold trading center in the world. (Jin Shi) -
US Cloud Computing Stocks Rebound Before Market Opening, NEBIUS and Oracle Rise Over 3%
On July 6, US cloud computing service stocks, which experienced a significant drop last Thursday, collectively rebounded before the market opening today. Among them, IREN Ltd rose over 5%, NEBIUS, WhiteFiber, and Oracle increased by more than 3%, while CoreWeave, Bitdeer Technologies, and Hut 8 saw gains of over 2%. -
Binance Stocks to Add 10 New Stocks Today, Including STRC and Cerebras Systems
On July 6, Binance officially announced that Binance Stocks will add 10 new stocks for trading starting from July 6, 2026, at 21:30 (UTC+8). The new stocks include Adapti Inc (ADTI), Antalpha Platform Holding Co (ANTA), Astronics Corp Class B (ATROB), Cerebras Systems (CBRS), Tema Memory ETF (DISK), Tuttle Capital Pure Play Photonics ETF (FOTO), PLUS Korea Defense Industry Index ETF (KDEF), Kurv Memory Select ETF (KMEM), Quantinuum Inc (QNT), and Strategy Variable Rate Perpetual Stretch Prf Shs Series A (STRC). Full securities lending for the aforementioned stocks will take effect after the trading settlement (T+1 trading day). New stock trading is subject to eligibility based on the user's country or region. -
US Stock Storage Sector Rebounds in Pre-Market, SanDisk Up Over 6%
On July 6, following a collective drop last Thursday (the market was closed on Friday), US storage sector stocks rebounded collectively in pre-market trading today. Among them, SanDisk rose over 6%, Western Digital increased over 5%, Seagate Technology gained over 4%, Micron Technology was up over 3%, and both Silicon Motion and Rambus rose over 2%. -
Binance Distributes Micron Technology bStock Dividends
On July 6, Binance announced that it has distributed Micron Technology bStock (MUB) dividends to eligible users' spot wallets. Users holding the token before June 15, 2026, will receive dividends of $0.15 per share, issued in the form of MUB tokens.
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