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Morgan Stanley forecasts that by 2027, AMD's next-gen EPYC Venice server CPU shipments could hit 6.75 million units, surpassing NVIDIA's Vera processor by about 17%. The report also notes TSMC's CoWoS packaging capacity will see major growth, with NVIDIA remaining its top client.
Read MoreA major industry figure has proposed a $1.5 billion Bitcoin OTC deal between two large institutions. The plan would allow one to boost its cash reserves while enabling the other to significantly increase its Bitcoin holdings, creating a complementary and strategic win-win scenario that could reshape market rankings.
Read MoreUS stock funds recorded their first net outflow in three months at $8.5 billion, with tech sector funds leading the retreat by shedding a record $9.3 billion. This sharp reversal from the prior week's historic inflows signals a shift in investor sentiment towards fixed-income assets.
Read MoreAI-driven stock markets are growing increasingly fragile, analysts warn. A mix of leveraged retail exposure, overcrowded semiconductor bets, and shaky sentiment around chip demand has created a highly reactive environment. Geopolitical risks are now adding volatility, and crowded positions may struggle even with positive news during a broader market shift.
Read MoreAnalysts suggest the recent US-Iran understanding resembles a "conflict freeze" more than a permanent solution. While easing immediate tensions, core disputes over Iran's nuclear program, sanctions relief, and activity limits remain unresolved, casting long-term uncertainty over regional stability.
Read MoreKuwait Petroleum Corporation has reportedly sold 2 million barrels of Kuwait Export Crude for July delivery to an Indian end-user via tender, with pricing undisclosed. The move highlights Kuwait's active sales approach amid evolving supply dynamics in the Gulf region.
Read MoreWuhan plans to issue 100 million yuan in computing power vouchers to subsidize access costs for universities, research institutes, enterprises, and individual entrepreneurs. An upgraded public service platform aims to make high-performance computing as accessible and affordable as utilities, fostering data-driven innovation.
Read MoreMicroStrategy's Michael Saylor reaffirms the company's unwavering focus on Bitcoin, disciplined capital allocation, and credit quality. He commits to transparent operations and long-term value creation for investors amid ongoing market volatility.
Read MoreRussia is reportedly considering a temporary ban on diesel exports lasting several months. The move could aim to stabilize domestic supply, but may significantly impact global diesel trade flows and prices, triggering wider market adjustments.
Read MoreFitch's BMI research unit maintains its 2026 gold price forecast of $4,600 per ounce. The analysis suggests that despite short-term pressure from Fed hawkishness, easing Middle East tensions may curb inflation, likely keeping rates unchanged this year. Gold's near-term path will closely follow policy signals.
Read MoreMarket expectations for ECB interest rates have shifted dramatically. Pricing now shows traders no longer fully price in a 25-basis-point hike this year, as focus turns to the timing of a policy pivot amid evolving growth and inflation outlooks.
Read MoreOn June 26, Jiahuan Technology clarified via an interactive platform that it has not signed any service cooperation agreement with NVIDIA, nor engaged in related business. The company is not an NVIDIA agent, aiming to dispel market rumors and clarify its current business focus.
Read MoreTradexyz has listed SoftBank Group's SFTB.NE, offering up to 10x leverage trading. This move expands the platform's derivatives offerings, providing professional traders with new leveraged exposure opportunities, with Tradexyz acting as the deployer.
Read MoreThe ECB will withdraw around 40 bank supervisory documents to simplify oversight and reduce burdens. This move aims to boost efficiency while preserving financial stability post-crisis, though banks argue it falls short compared to US deregulation efforts.
Read MoreBitwise CEO Hunter Horsley argues the crypto industry's reliance on outdated metrics like market cap comparisons leads to undervaluing innovative platforms like Hyperliquid. He calls for a shift towards valuing technological substance over superficial rankings.
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