Macro & Market Dynamics
The yen approaches a 40-year low, highlighting the Bank of Japan's policy dilemma between easing and tightening. Meanwhile, SpaceX's bond issuance raises concerns about capital expenditure sustainability, contrasted with Nvidia's AI profitability verification logic as the benchmark.
AI Industry Chain
Micron's earnings show AI-driven comprehensive growth in the storage supply chain, with an order-forwarding model solidifying. Domestically, Zhipu AI faces unlock pressure as its GLM-5.2 model enters a key commercialization verification period, with the market watching whether it can replicate OpenAI's trajectory.
Emerging Market Tools
Prediction markets (e.g., Polymarket) are being explored as new tools for information asymmetry and judgment, attracting more professional capital in crypto and macro gaming. Overall, macro liquidity, AI narratives, and decentralized prediction markets are the core themes this week.