Market news: Microsoft (MSFT.O) will lay off 6,400 employees, half of whom will be laid off due to the restructuring of its Xbox gaming division. The layoffs represent approximately 2.8% of its total workforce. Microsoft will also sell five studios,

Key News 1. The Chinese Navy successfully conducted a test launch of a submarine-launched strategic missile. 2. Researchers discovered two new types of superconductors using AI technology. Stock News 1. Data on main capital flows shows that Unisplendour Corporation saw the largest net inflow of main capital at 1.537 billion yuan, followed by Yellow River Whirlwind, China Great Wall, Hengrui Medicine, and Haiguang Information. GigaDevice saw the largest net outflow of main capital at 4.268 billion yuan, followed by InnoLight Technology, BOE Technology, China Jushi, and Hangzhou Electric. 2. Shengquan Group will raise prices for its PPO and other oligomer products by 15% to 20% starting July 13th. 3. After expecting a nearly tenfold increase in net profit, Hangzhou Electric, a leading fiber optic stock, hit its daily limit down. The company responded that the stock price fluctuation was a market phenomenon and that its production and operations were normal. 4. Moore Threads completed the adaptation for Meituan's LongCat-2.0. 5. Gree Electric Appliances and Geely signed a strategic cooperation framework agreement. 6. Shenzhen Huaqiang: The company occupies an indispensable middle link in the industry and will benefit from overall industry inflation. 7. Analog chip giant Analog Devices issued a notice: Delivery times for some products have been extended, reminding customers to place orders six months in advance. 8. Zhongjin Lingnan: As of now, the company has not entered the high-end PCB micro-drilling tungsten rod business. 9. Zhonggong Education: The company's recent production and operation are normal, and there have been no significant changes in the internal and external operating environment, nor are there any anticipated changes. 10. Yingli Shares: The company's humanoid robot magnesium-aluminum alloy structural component project is in the sampling stage and has not yet generated revenue or profit. 11. Wangsu Science & Technology, a subsidiary of Chint Group, Shandong Iron & Steel Digital Technology, and Deep Power have entered into a strategic cooperation to jointly build a green power direct-connection MW-level "Token Factory".

South Korean media report prosecutors indicted four refiners on suspicion of collusive manipulation.