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BlockBeats News, May 28th, Several international investment banks have recently released a series of research reports, adjusting the target stock prices of multiple tech giants. Among them: Bank of America Global Research raised HP's target price from $16 to $18 and Broadcom's target price from $515 to $600; Wells Fargo raised Marvell Technology's target price from $195 to $240; Credit Suisse made the most significant adjustments, raising ARM's target price from $290 to $360, Micron Technology significantly from $800 to $1150, Dell from $300 to $350, and SanDisk from $1625 to $1825. In addition, Morgan Stanley also raised Marvell Technology's target price from $172 to $195.

On May 28, U.S. Treasury Secretary Benson stated that the U.S. Treasury continues to carry out economic strikes against the Iranian regime. The Iranian military is not being paid, police are not on duty, and Hark Island has been closed. Iran's economy and currency are in free fall. Sanctions have been imposed on the Iranian Strait of Hormuz Authority.

BlockBeats News, May 28th, Federal Reserve President Williams stated that it is currently unclear how the boost in productivity will ultimately affect interest rates and the Fed's policy-making. Williams said: In terms of "how the changing trend in productivity growth will impact the economy and monetary policy," my answer is not surprising—it depends. Specifically, this depends on the nature of the change itself and the expected duration of it. Williams made these remarks as Fed officials are attempting to assess how the recent surge in productivity and the expectations of further productivity gains due to the development of AI will impact inflation and the labor market. Several Fed officials have expressed uncertainty about how these dynamics will ultimately unfold. (FXStreet)