Institutions remain optimistic about the medium-to-long-term outlook for leading US tech stocks and the semiconductor supply chain, maintain a neutral-to-bullish stance on precious metals, and recommend cautious allocation for crypto assets while monitoring the key support level at $59,000. Regarding Federal Reserve dynamics, Gavekal assessed the probability of Trump pressuring the Fed leading to runaway inflation as low, noting that Kevin Warsh serving as Fed Chair and the reappointment of 11 regional Fed presidents have reduced market concerns about damage to monetary policy independence. On international commodities, US senior officials confirmed that the US and Iran have agreed to stop all military actions, planning to meet in Doha, the capital of Qatar, on Tuesday; Iranian FM Araghchi stated that within the next 30 days, the Strait of Hormuz will be fully supervised and managed by Iran. In stock market news, South Korea announced that Samsung and SK will release corporate investment plans exceeding 1000 trillion KRW (approx. $650 billion) for the next 10 years, possibly including chip cluster development in the southwestern Honam region, aiming to consolidate South Korea's key position in the global AI chip supply chain.