1. Trump says it's time for Iran to reach an agreement, demanding a formal declaration that it does not possess nuclear weapons
U.S. President Trump stated that it is time for Iran to reach an agreement, hoping to avoid attacks on Iran's bridges and power plants, and demanding that Iran formally declare that it does not possess nuclear weapons. -Original
2. U.S. Senate unlikely to vote on Crypto Clarity Act before August recess
The U.S. Senate is unlikely to vote on the Crypto Clarity Act before the August summer recess. -Original
3. Spot gold drops more than $10 briefly, touching $4030/ounce, down 1.15% intraday
4. Reuters survey: Analysts lower gold price forecast, median prediction for 2026 is $4509/ounce
According to a Reuters survey, analysts have lowered their gold price forecasts for the first time since the end of 2023, but expect central bank buying and concerns about fiscal sustainability to provide support. The median forecast for gold prices in 2026 from 29 analysts and traders is $4509 per ounce, down from $4916 three months ago; the average forecast for 2027 is $4610, down from $5100 in the last survey. Gold prices hit a historical high of $5595 per ounce in January but have dropped about 22% since the outbreak of the Iran war, which has intensified energy inflation and raised interest rate expectations. -Original
5. Visa plans to cut about 2600 jobs, investing resources in stablecoins and cross-border payment business
According to Bloomberg, Visa plans to reduce approximately 2600 positions, about 7% of its total workforce. Visa CEO Ryan McInerney stated that the company aims to enhance operational efficiency and invest resources in consumer payments, business and liquidity solutions, value-added services, as well as stablecoins, cross-border payments, and business-to-business (B2B) operations. Visa stated that AI is helping to reduce repetitive tasks and accelerate product development, but it is not the only reason for this round of layoffs. -Original
6. Micron Technology stock price drops 11.5%, market value falls to $900 billion
MSX data shows that Micron Technology's stock price fell 11.5%, reporting $798.830 per share, with the total market value dropping to $900 billion. -Original
7. U.S. stock market storage sector plummets, SanDisk drops over 16%, Seagate falls 13.34%
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