According to a report by The Wall Street Journal, a senior executive at Amazon Web Services (AWS) is scheduled to join Meta Platforms (META.O) in the coming weeks, a move that reflects the social media giant's growing ambitions in building data centers and computing resources. Sources familiar with the matter revealed that Dave Brown, one of AWS's top executives, will join Meta, bringing nearly 20 years of industry experience and reporting to the head of Meta's infrastructure. Meta CEO Mark Zuckerberg stated at the company's annual shareholder meeting in May that building a cloud computing business was "definitely on the table." He said that companies contact Meta "almost weekly" seeking access to its artificial intelligence models or willing to pay a premium for using its idle computing power.

According to Gate data, Brent crude oil fell 1.00% intraday, currently trading at $83.26 per barrel. (Odaily Planet Daily)

According to OKX market data, BTC has fallen below 63,000 USDT and is currently trading at 62,985.7 USDT, a 24-hour drop of 2.97%.

According to Yonhap News Agency, the Financial Services Commission (FSC) of South Korea stated that single-stock leveraged ETFs have played a significant role in preventing capital outflows to overseas stock markets. The FSC also pointed out that the volatility of US and Japanese semiconductor stocks has also increased significantly recently, and responded to the controversy surrounding single-stock leveraged ETFs as the "culprit" for the recent increase in volatility in the South Korean stock market. Byun Je-ho, Director of the Capital Markets Bureau of the FSC, stated, "Some investment demand that was originally flowing to overseas markets has returned domestically, and it has indeed played a role in preventing new funds from continuing to flow overseas." He added, "I believe that the increased volatility in the South Korean stock market since the product's launch cannot be simply explained by single-stock leveraged ETFs. Given the high concentration of funds in the South Korean market in Samsung Electronics and SK Hynix, the fluctuating expectations and concerns about the global semiconductor industry have led to the increased volatility of related products." (Jinshi)

In the past hour, total liquidations across the network reached $13.55 million, with $12.98 million from long positions, with $566,323.9 from short positions. BTC liquidation $838,786.18, ETH liquidation $2.24 million.