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China's State Council has released a new action plan targeting carbon peaking by 2030. Key goals include cutting CO2 emissions per unit of GDP by 17% from 2025 levels and raising non-fossil energy consumption to 25%. This strategic move aims to secure the carbon peak timeline and lay a solid foundation for future carbon neutrality efforts.
Read MoreUkraine's military reports striking 12 Russian tankers in the Azov Sea. The operation targets maritime supply lines, potentially impacting regional energy transport and frontline logistics, signaling conflict expansion into key waters.
Read MoreSpaceX launched Grok 4.5, a new AI model built with Cursor to tackle complex tasks. The company received a "Buy" rating from Citi with a $200 target and saw significant stake increases by Cathie Wood's Ark Invest, reflecting strong market confidence in its integrated aerospace and AI future.
Read MoreOn-chain data reveals a major whale has accumulated $68 million worth of Tether Gold (XAUT) over three months. The entity continues purchasing tokenized gold, adding $4.1 million just 15 minutes ago, signaling strong institutional interest in crypto-backed gold assets.
Read MoreBain Capital has fully divested its stake in Kioxia, confirmed by partner David Gross. Since its 2024 IPO, Kioxia's stock has skyrocketed over 4800%, ranking among the top performers in the MSCI Global Index and delivering record returns for Bain, hailed as an outstanding outcome for all parties.
Read MoreMicron Technology's stock rose over 4% pre-market following the announcement of a major expansion at its Hiroshima plant. The $15 billion investment aims to mass-produce next-generation AI memory like HBM by 2028, with substantial government subsidies supporting the move to supply key clients like Nvidia.
Read MoreWTI crude oil prices fell sharply by 3% during the session, breaking below $73 to trade at $72.27 per barrel. The sudden drop highlights shifting market sentiments around supply-demand dynamics and broader economic factors, signaling potential volatility ahead.
Read MoreU.S. optical communications stocks rallied in pre-market trading, with Corning jumping nearly 6%. Strong demand for high-speed data transmission and AI infrastructure is driving investor interest across the sector, signaling positive industry momentum.
Read MoreOn July 9, international oil prices experienced a sharp intraday drop. Both WTI and Brent crude futures fell over 1%, to $72.66 and $77.08 per barrel respectively, testing key technical levels and raising questions about near-term market dynamics.
Read MoreBitcoin has broken through the key $63,000 resistance level, currently trading around $63,002 with a 0.34% gain in 24 hours. Heightened market volatility calls for close monitoring and prudent risk management strategies from investors.
Read MoreChina announced it will host the 2026 World Artificial Intelligence Conference in Shanghai, aiming to promote inclusive global AI development. Officials highlighted China's open-source models in lowering barriers for developing nations, and pledged to collaborate on innovation, governance, and equitable benefits.
Read MoreMorgan Stanley reports the "Magnificent Seven" tech stocks now trade at only a 10% premium to the rest of the S&P 500, the lowest gap in over a decade. The firm sees this as a compelling entry point, advising a shift from semis to selective AI leaders.
Read MoreCerebras Systems plans to expand its European AI infrastructure to 200 megawatts by 2027, with its first data center on the continent set to launch this year. The company has identified Norway and Finland for future facilities, marking a key step in its global compute network expansion.
Read MoreOn July 9, the SSE STAR 50 Index delivered an exceptionally strong performance, closing with a gain exceeding 8%. The rally was broad-based among its constituents, with only two stocks declining. This surge has significantly boosted market focus and sentiment towards the technology innovation sector.
Read MoreSeveral oil-themed funds reversed early gains of over 7% to close lower on July 9th. Market analysts attribute the volatility to President Trump's comments suggesting Iran is seeking a deal, impacting crude prices and related assets.
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