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According to Odaily, Wall Street investment bank Cantor Fitzgerald stated that whether Strategy can restart its capital expansion cycle depends on restoring its preferred stock, STRC, back to the $100 par value level. The bank pointed out that repairing the STRC price is the core prerequisite for restarting the company's Bitcoin (Bitcoin) accumulation “capital engine” and will help stabilize the overall capital structure. After meeting with Executive Chairman Michael Saylor, Cantor Fitzgerald expressed greater confidence in management's plan to stabilize the balance sheet and restore financing capability. In the current market, STRC is trading at about $87.79; Strategy’s share price dropped 3.4% to $97.34, and the Bitcoin price is around $61,800. Cantor believes that STRC is the fundamental tool of Strategy’s financing system; its recovery will allow both preferred and common shares to benefit simultaneously and further strengthen the company’s ability to continue increasing its Bitcoin holdings. Currently, Strategy has already raised about $216 million through Bitcoin sales to fund preferred stock dividends and expects to continue increasing its cash reserves to support dividend stability. (CoinDesk)

Glonghui July 6｜Bank of America Securities analysts wrote that Ferrari's second-quarter performance is likely to be solid, with an EBIT margin of 30.5%, compared to an average expectation of 30.6% and 29.7% in the first quarter. The bank expects that a stronger product mix and slightly higher average selling prices will provide support. Sales volume is expected to decline slightly as the 296 GTB is being phased out and the 849 Testarossa and Amalfi are only beginning to be gradually introduced. "We expect FY2026 estimates to be raised slightly, either in terms of revenue or EBIT margin." Bank of America added that the company has announced the launch of the new limited-edition 12Cilindri Manuale, which should help offset risks related to the Luce electric vehicle. The bank raised its target price for the stock from €350 to €400 and maintained a Buy rating. The share price rose 2.3% to €338.90.

12:00 (UTC+8) - 21:00 (UTC+8) Keywords: Broadcom, Saudi Arabia, UAE, Morgan Stanley1. Broadcom and Apple have extended their technology cooperation to 2031 through a new multi-year agreement2. Saudi Arabia has significantly lowered crude oil prices, marking the largest drop in at least 26 years3. Anthropic has signed a 20-year data center lease with Bitcoin mining company TeraWulf4. After a certain whale opened a Bitcoin long position, they encountered a Strategy coin selling announcement and are now facing a floating loss of $410,0005. The UAE's crude oil production in June surged to over 3.8 million barrels per day6. Morgan Stanley: The Fed is unlikely to raise interest rates in the second half of the year, and may even continue to cut rates next year