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03:19
AI bubble becomes the focus of public opinion again? Economists warn: Nvidia might be the new Cisco
```htmlGolden Ten Data June 5|As NVIDIA once again becomes the center of market attention, it has sparked renewed debate: Can the rapid development of artificial intelligence (AI) support the expectations currently reflected in tech stocks? NVIDIA rose to prominence because of AI—will it end up like Cisco did in the past, heading toward a crash? Dario Perkins, an economist at the macroeconomic research firm TS Lombard, noted in his latest report that history tells us we should act with caution. During the internet boom of the late 1990s, Cisco became one of Wall Street's biggest winners, as investors bet that the company would benefit from the rapid expansion of online infrastructure. Although the internet eventually transformed the global economy, Cisco's profits took much longer to reach the lofty expectations reflected in its share price. "Perhaps NVIDIA is the new Cisco," Perkins wrote; even if a company is highly profitable and holds significant strategic importance, investors can still be disappointed if its growth does not keep pace with market expectations.```
03:08
RMB SHIBOR (Shanghai Interbank Offered Rate): Latest data as of June 5, 2026, shows interest rates decreased in one term, rose in five terms, and remained unchanged in two terms. The overnight Shibor stands at 1.324%, up 0.8 basis points.
The “largest fluctuation” across all terms was seen in the 1-week SHIBOR rate for the Renminbi, which rose by 3.4 basis points. (For the SHIBOR levels and changes over the past ten working days, refer to the specialized chart from FX678.) Other periods show: 1-week SHIBOR at 1.382%, up 3.4 basis points; 2-week SHIBOR at 1.38%, up 2.3 basis points; 1-month SHIBOR at 1.3865%, up 0.15 basis points; 3-month SHIBOR at 1.402%, up 0.05 basis points; 6-month SHIBOR at 1.4265%, down 0.05 basis points; 9-month SHIBOR at 1.447%, unchanged; and 1-year SHIBOR at 1.459%, unchanged.
03:00
A new address purchased $7,500 worth of Biden as the probability of his son becoming the 2028 Democratic presidential candidate surged threefold.
Odaily Seer monitoring shows that a newly created address on Polymarket bought $7,500 worth of Hunter Biden to become the 2028 Democratic presidential candidate, with an average purchase price of 0.7¢. Possibly influenced by this, several wallets followed suit and bought in, pushing the probability from 0.7% up to the current 2.9%. Reportedly, Hunter Biden is the second son of Joe Biden, the 46th President of the United States, and is his only surviving son. Related controversies have run throughout President Biden's term, becoming a core weapon for the Republican Party to attack the Biden administration for "corruption" and "nepotism". Odaily Seer continues to monitor prediction markets, seeing changes before pricing occurs.
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