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BlockBeats News, June 17th, U.S. President Trump announced on social media, "I will hold a press conference in France in 45 minutes. Afterwards, I will head to the Palace of Versailles to have dinner with the leaders of France and other European countries, and then return to the U.S. tonight. This visit has been a great success, but the main topics everyone wants to talk about are that Iran will not have nuclear weapons and the immediate opening of the Strait of Hormuz! The U.S. economy is performing excellently, with the current employment rate reaching a historic high. The U.S. has attracted over $19.1 trillion in investment, with thriving factories and industries. Importantly, due to the agreement reached, the stock market has been soaring recently, and at the same time, oil prices are plummeting!"

BlockBeats News, June 17th, President Trump of the United States stated that oil prices are plummeting and reiterated that the Strait of Hormuz will open immediately after the signing of the agreement. (FX168)

Glonghui, June 17 — Florida-based asset management company Polen serves as a typical case, demonstrating how missing a super winner amid the AI boom can be enough to change an institution's fate. In just four years, its assets under management have shrunk by 60%, decreasing by nearly $50 billion, leaving it with only about $33 billion. Most of the company’s six equity mutual funds adopt a concentrated holding strategy, holding only a few growth stocks. The flagship product, the Polen Growth Fund, holds fewer than 30 stocks. The fund did not buy Nvidia (NVDA.O), instead insisting on holding software stocks such as certain exchanges. In a June 2023 letter to clients discussing Nvidia, Polen wrote: “We believe nearly all the visible upside opportunities for the company are already priced in by the market.” Subsequently, Nvidia's share price soared nearly 400%. Meanwhile, the relevant index tracking cloud software enterprises fell by 3% over the same period. It was not until the end of 2025, after Nvidia had already delivered bountiful profits to countless investors, that Polen finally changed its position. The company admitted its previous pessimistic outlook on AI chips was an error in judgment and began to buy related stocks.