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Bank of America forecasts a slight dip in June's headline US CPI, driven by falling gas prices. However, core inflation is expected to remain elevated due to strong service sector demand. The report suggests core PCE may again outpace CPI.
Read MoreRecent satellite imagery shows repair work and new activity at multiple suspected nuclear-related sites in Iran, including facilities within the Parchin military base. These developments have raised questions about compliance with international agreements.
Read MoreIran’s parliamentary speaker stated that Iran will not surrender to external pressure and does not seek war. He emphasized that Iran will only negotiate with the U.S. when fully prepared for conflict, warning of "full defense" if Washington breaks the mutual understanding.
Read MoreSK Hynix CEO Kwak Noh-Jung warns that the memory chip shortage impacting computers, cars, and devices may persist beyond 2030. Clients are signing long-term contracts anticipating prolonged scarcity, while AI-driven data center demand for high-bandwidth memory intensifies the supply crunch.
Read MoreNasdaq President Nelson Griggs stated that SK Hynix's successful US listing has boosted global confidence in American capital markets. He identified two types of international firms now actively planning: growth companies seeking IPOs, and mature firms considering ADR offerings to expand their investor base.
Read MorePresident Trump declared the US-Iran ceasefire "over" on social media, raising concerns about potential escalation. However, US Central Command stated there are "no operational updates" at this time. While forces remain vigilant in the region, no new military orders have been issued, highlighting a gap between rhetoric and readiness.
Read MoreInjective addressed a reported security concern in its npm package. The team's monitoring system detected the issue immediately, deprecated the affected version, and replaced it before any malicious downloads occurred. User funds were never at risk, and enhanced safeguards have been implemented.
Read MoreThe U.S. plans to ease export controls on the UAE, permitting sales of AI chips and commercial satellites. This move follows UAE's alignment with U.S. regional policies and will enable companies like NVIDIA and AMD to supply processors for AI data centers in the region.
Read MoreSatellite imagery shows US aircraft carriers USS Abraham Lincoln and USS George H.W. Bush operating near Iran's coastline, potentially within range of Iranian missiles, raising regional tensions.
Read MoreRussia has suspended shipping through the Don River-Azov Sea channel following a reported Ukrainian attack on an oil tanker. The move threatens nearly a quarter of Russia's wheat exports via the Azov Sea, with no official timeline for resumption, raising global supply chain concerns.
Read MoreIran has officially denied media reports claiming that the US and Iran will hold a new round of talks next week. A source close to the negotiations stated that reports about preparations and technical meetings are unfounded, and any updates will be announced through official channels only.
Read MoreSK Group Chairman Chey Tae-won indicated SK Hynix is open to issuing additional ADRs if returns are strong and share prices stable. He highlighted soaring AI-driven memory chip demand, with major players like Samsung and SK Hynix investing heavily in capacity expansion to meet the market surge.
Read MoreSK Hynix, the global HBM memory leader, debuted on the US market on July 10, surging over 15% at open to a $1.25 trillion market cap. Its $26.5 billion offering is the second-largest in US history. As a key NVIDIA supplier, its listing fills a major gap in the US AI memory stock landscape.
Read MoreDigital asset management firm Empery Digital has sold 1,400 BTC for approximately $87.1 million to finance its AI data center development, debt repayment, and legal expenses. The company retains a reserve of 1,514 BTC valued at nearly $100 million.
Read MoreThe US and Iran may hold new talks in Switzerland next week to de-escalate tensions and resume negotiations. This follows Trump's statement that the US will continue talks but no longer adhere to the ceasefire. Mediators are working to prevent a total collapse of the agreement, with both sides showing willingness to return to the previous framework.
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