1. Live Review Introduction Tiger Brokers livestream featuring Ross Dong, Founding Partner at Morning Cloud Asset Management, specializing in macro trading and U.S. equities. A former equity trader at firms including J.P. Morgan and KCG, Ross holds a degree in Applied Mathematics from Columbia University. In this section, Ross explores where the next AI opportunity could emerge if the first wave of the AI trade was dominated by GPUs and hyperscalers. Ross believes the AI value chain is broadening beyond chips into power, infrastructure, advanced manufacturing, cybersecurity, China tech, and robotics. His key message: the next AI winner may not look like a traditional AI stock. Disclaimer: All views and company examples reflect discussion by the livestream guest and are provided for educati

1. Live Review Introduction Tiger Brokers livestream featuring Ross Dong, Founding Partner at Morning Cloud Asset Management, specializing in macro trading and U.S. equities. A former equity trader at firms including J.P. Morgan and KCG, Ross holds a degree in Applied Mathematics from Columbia University. In this session, the biggest question around AI is no longer whether the technology works — it is whether the returns can justify the enormous spending behind it. Ross argued that while AI infrastructure remains expensive, cloud revenue, adoption and monetisation are beginning to improve. At the same time, he stressed that technological progress and speculative excess can coexist. More from the livestream recap series Live

1. Live Review Introduction Tiger Brokers livestream featuring Ross Dong, Founding Partner at Morning Cloud Asset Management, specializing in macro trading and U.S. equities. A former equity trader at firms including J.P. Morgan and KCG, Ross holds a degree in Applied Mathematics from Columbia University. In this session, he shared his views on inflation, employment, interest rates, U.S. equity valuations, and market positioning. Ross remains constructive on U.S. equities in the near term, but believes late August and September could bring higher volatility and require more selective positioning. Disclaimer: The views expressed are those of the guest speaker and do not represent the official views of Tiger Brokers or its affiliates. This content is strictly for education and discussion pur

Kevin Warsh’s debut; SEP and the dot plot. Half of the Fed policymakers expect a potential rate hike within the year, with inflation forecasts significantly revised upward compared to March. There are only 18 dots in the dot plot, whereas the FOMC consists of 19 members (7 Governors and 12 regional Fed Presidents). This suggests that Warsh likely withheld his own economic projections and interest rate forecasts. $标普500ETF(SPY)$ $纳指100ETF(QQQ)$

‘I was asked by Saudi Arabia, Qatar, UAE, some others, if we could put it off for 2 or 3 days’，Trump on Iran attack ‘We were getting ready to do a very major attack tomorrow’ ‘I have put it off for a little while. Hopefully, maybe forever, but possibly, for a little while’

The Senate Banking Committee advanced the Clarity Act to the full Senate floor. If passed, this is a massive regulatory catalyst and a huge win for the crypto and stable-coin sectors. $Coinbase Global, Inc.(COIN)$ $Circle Internet Corp.(CRCL)$ $比特币ETF-iShares(IBIT)$

Trump just filed 3,600+ stock transactions covering January to late March 2026. The President is clearly obsessed with the stock market, expect an even crazier money grab ahead of the midterms. Investors worldwide probably owe him a thank-you note. His relentless buying and longing are single-handedly 'Making America Great Again' for the stock market. $英伟达(NVDA)$ $特斯拉(TSLA)$ $甲骨文(ORCL)$ $好市多(COST)$ $微软(MSFT)$

Jensen Huang boarded Air Force One at the very last minute, bound for China. $英伟达(NVDA)$

We are seeing a parabolic move in INTC as it emerges as a primary beneficiary of the AI boom. The stock price is just insane. $英特尔(INTC)$ $iShares费城交易所半导体ETF(SOXX)$ $半导体指数ETF-HOLDRs(SMH)$

The S&P 500 has gone into a near-vertical ascent since the end of March. $标普500(.SPX)$ $纳斯达克(.IXIC)$

The BOJ is back in the market stepping in to prop up the JPY.

The Fed has been pumping liquidity into the market for the past quarter.

It’s been a crazy ride, particularly within the AI hardware and optoelectronics space. $AXT Inc(AXTI)$ $Applied Optoelectronics Inc.(AAOI)$ $闪迪(SNDK)$ $Aehr Test Systems(AEHR)$ $美光科技(MU)$

Regarding the optical interconnect layer, Lumentum is aggressively adding capacity to its production lines. However, the sheer scale of the AI infrastructure build-out means they still cannot keep up with demand. We are seeing a fundamental shift where traditional networking is no longer sufficient; the market is pivoting toward advanced optoelectronics to solve the power-efficiency bottleneck. Specifically, the transition to Co-Packaged Optics (CPO) is moving from a 'future concept' to a structural necessity for next-gen GPU clusters. $Lumentum Holdings Inc.(LITE)$ $COHERENT(COHR)$ $Applied Optoelectronics Inc.(AAOI)$