Automatically scraped from Tonghua Shun and Eastmoney via cron at 08:00 Beijing time daily, with summaries rewritten by Doubao. For information aggregation only, does not constitute investment advice.

Tonghua Shun 7/24

Former Intel CEO said he looked down on NVIDIA GPUs back then

2026/7/18 10:32:25

Former Intel CEO Pat Gelsinger recently stated publicly on a podcast that during the heyday of Intel’s CPU business, the company dismissed NVIDIA GPUs as niche products only for gaming enthusiasts. He also mentioned that NVIDIA’s subsequent software ecosystem built around GPUs, including CUDA and SIMT, gradually matured, and this long-term product iteration model is similar to Steve Jobs’ product philosophy.

China will speed up building a new energy system to empower AI development

2026/7/18 10:16:43

During the 2026 World Artificial Intelligence Conference held in Shanghai, the National Energy Administration revealed at the sub-forum “Two-way Empowerment of Artificial Intelligence and Energy” that China will speed up the construction of a new energy system to adapt to the development of AI. The computing power industry has become a new engine for electricity consumption growth: in 2025, the electricity consumption of China’s computing power facilities accounted for 1.6% of total social electricity consumption, and it is expected to rise to 6% by 2030. During the 15th Five-Year Plan period, inference load will become the main source of energy consumption for computing power, requiring multi-dimensional coordination between computing and power. China currently ranks first in the world with 2.4 billion kW of installed renewable energy capacity, which provides sufficient supporting capacity.

Russia protests Estonia’s demolition of monument to Soviet fallen soldiers

2026/7/18 10:13:39

Russian Foreign Ministry spokesperson Maria Zakharova announced on the 17th that Russia has lodged a strong protest against Estonia’s demolition of a monument in the country commemorating 795 fallen Soviet soldiers. The remains of the fallen soldiers under the monument are currently missing, and Estonia has not disclosed any information about the whereabouts of the remains or reburial arrangements. Zakharova has made solemn representations to the Chargé d’Affaires ad interim of the Estonian Embassy in Russia. (Source: Xinhua News Agency)

Kuwaiti military says air defense system is intercepting “hostile” targets

2026/7/18 10:08:28

On the morning of the 18th local time, the Kuwaiti military officially issued a statement saying that its air defense system is intercepting “hostile” aerial targets that have intruded into its national airspace. Shortly before this interception operation, the Iranian military had publicly claimed that it had launched attacks on US military bases deployed in Kuwait and Jordan, according to CCTV News.

South African president’s official plane malfunctions again, drawing attention

2026/7/18 10:03:35

On the 16th, South African President Cyril Ramaphosa’s official plane “Inkwazi” suffered a sudden technical failure en route to Durban and was forced to return to Waterkloof Air Force Base near the administrative capital Pretoria, causing Ramaphosa to miss scheduled public events that day. The plane has previously affected official trips multiple times due to technical issues. The South African Presidency only confirmed the malfunction without disclosing details, and this incident has once again sparked public concern in South Africa over the safety of the official plane.

Chinese airlines order 476 Airbus aircraft in half a year

2026/7/18 09:48:01

According to Yicai Media, the transaction involves multiple domestic airlines and Airbus: in the past six months, domestic airlines have purchased a total of 476 Airbus aircraft. Looking at a longer timeframe, Airbus has received large orders for nearly 500 passenger planes from Chinese airlines in the past year, with a total value of nearly 100 billion US dollars at list prices. This order reflects the domestic civil aviation industry’s demand for capacity replenishment, and will also consolidate Airbus’ competitive advantage in China’s civil aviation passenger aircraft market.

Eastmoney 7/24

Another A 股 spin-off for 港股 listing! Jiangxi Copper spins off JCC Copper Foil for HKEX listing

2026/7/18 10:34:00

On July 17, domestic copper industry leader Jiangxi Copper announced that its board of directors held on July 15 unanimously approved the plan to spin off its core high-quality asset Jiangxi Copper Foil Technology Co., Ltd. for listing on the main board of the Hong Kong Stock Exchange. This is another case of “A 股 spin-off for 港股 listing” in the capital market. If the listing proceeds smoothly, it will broaden financing channels for JCC Copper Foil, and also help Jiangxi Copper optimize its business layout.

WAIC’s “star exhibit” Dawning 8000 runs at full capacity in first week of launch

2026/7/18 10:27:15

On July 18, operating data was released for Dawning 8000 (Dengfeng), China’s first fully domestic 100,000-card AI supercluster, which was named the “star exhibit” of the 2026 World Artificial Intelligence Conference (WAIC): it ran at full capacity in the first week of launch, processing an average of over 150,000 jobs per day, with a single-day peak of over 500,000 jobs. The cluster has currently completed adaptation for nearly a thousand super-intelligence integrated applications, and can support 10,000-card level application scenarios such as large model training and scientific computing.

Profits from betting on “speech wording”: Trump’s teleprompter operator suspended

2026/7/18 10:20:37

Brief summary: On the 16th local time, the White House revealed that a teleprompter operator for then-President Trump has been suspended. The person used his job advantage of having early access to Trump’s speech drafts to bet on speech wording on online gambling platforms for profit. After the relevant information was exposed, the involved betting site has launched a special investigation into the incident.

China will speed up building a new energy system to empower AI development

2026/7/18 10:15:51

On July 17, the 2026 World Artificial Intelligence Conference opened in Shanghai, and policy news came from its sub-forum “Two-way Empowerment of Artificial Intelligence and Energy”: relevant officials from the National Energy Administration revealed that China will speed up the construction of a new energy system to provide stable green energy support for the development of the AI industry, and the coordinated development of the two sectors of energy and AI will receive clear policy support.

Germany announces: participation in French nuclear exercises

2026/7/18 10:13:53

Brief summary: The event involves Germany-France nuclear exercises and European defense-related fields. Core event: German Chancellor Friedrich Merz stated publicly in North Rhine-Westphalia on the 17th that Germany will dispatch regular troops to participate in nuclear exercises organized by the French Armed Forces for the first time this year. This incident is an important breakthrough in EU common defense cooperation, and has triggered widespread public attention to the subsequent adjustment trends of European nuclear force deployment.

Intelligent solution for accelerator-driven advanced nuclear energy systems released

2026/7/18 10:07:02

At the 2026 World Artificial Intelligence Conference, Chinese scientific research institutions officially released an intelligent solution for accelerator-driven advanced nuclear energy systems. The solution covers four application scenarios: fast physical simulation, intelligent system control, active fault warning, and digital nuclear safety assessment. It can effectively improve the operating efficiency and safety level of nuclear energy systems, adding more AI technical support to China’s basic nuclear energy research.

Yahoo Finance

Wealth Manager OneDigital Makes 23rd Acquisition in 5 Years

2026/7/17 04:39:00

Wealth management firm OneDigital recently completed a new acquisition, marking the 23rd M&A transaction the company has completed in the past 5 years. The official has not yet disclosed the transaction consideration, details of the target assets, or subsequent integration plans for this acquisition. In recent years, OneDigital has continued to rely on M&A to promote business expansion, and high-frequency M&A is expected to help it rapidly expand its management scale, improve its business and regional layout, and enhance the market competitiveness of its wealth management segment.

How to budget on an irregular or unpredictable income

2026/7/17 04:39:58

This is a financial guide for groups with irregular or unpredictable income (such as freelancers and gig workers). The core methods are: first calculate the annual minimum rigid expenditure, distinguish between essential and non-essential consumption, prioritize saving an emergency reserve equal to 3-6 months of living expenses, and dynamically adjust the budget according to the principle of “save more during peak income periods, use reserves to cover gaps during low periods”, which can effectively reduce the risk of income-expenditure mismatch and ensure financial stability.

Stocks Settle Lower as Chipmakers and AI Stocks Slump

2026/7/17 04:39:45

[美股 Trading Summary] In the latest 美股 trading day, the chipmaker sector and AI-related concept stocks fell collectively, dragging all major 美股 stock indexes to close lower. This decline covers targets across the entire industry chain, including chip design and manufacturing, AI computing power, and large model applications. The market generally judges this to be profit-taking after the previous excessive gains in the technology sector, which may increase valuation volatility in the technology track in the short term.