A newly created wallet withdrew 14.64 million USDC from an exchange and then opened a 2.17 million USD 3x long position on MU.

Microsoft has announced it will start disclosing specific quarterly revenues for its Azure cloud computing business, with the latest fiscal quarter reaching $29.4 billion, demonstrating continued expansion. The market regards Azure as an important indicator for Microsoft's AI business, and analysts have previously had difficulty accurately valuing it due to insufficient information. At the same time, the company has adjusted its financial reporting structure by merging cloud computing and Office businesses, with the new division directly named "Agents and Infra," highlighting its AI strategic intent.

The latest Beige Book survey released by the Federal Reserve shows that U.S. economic activity experienced moderate growth over the past two months, with particularly strong demand from data centers emerging as a major driving force for the economy.