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Dow Jones futures point toward back-to-back record highs Tuesday while chip stocks drag Nasdaq 100 futures lower, setting up a divided market open.
South Korea enforces a law imposing punitive damages on news outlets and influencers for false information, raising press freedom and censorship concerns.
Samsung is proposing a 20% DRAM price hike as supply bottlenecks tighten the memory chip market, with a potential U.S. stock listing also under consideration.
The world absorbed over a billion barrels of lost Iranian oil supply, but depleted strategic reserves have stripped away the buffer markets relied on.
A fire broke out on the Brooklyn Bridge during New York’s July Fourth fireworks show Saturday, spreading flames and smoke before firefighters extinguished the blaze.
UBS finds AI infrastructure stocks gained 600% over four years vs. 100% for hyperscalers, marking a major shift in where AI value is being captured.
The world absorbed over a billion barrels of lost Iranian oil supply, but depleted strategic reserves have stripped away the buffer markets relied on.
Next is reportedly preparing a takeover bid for Harvey Nichols, according to Sky News, in a move that would mark the retailer’s boldest expansion yet.
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Samsung is proposing a 20% DRAM price hike as supply bottlenecks tighten the memory chip market, with a potential U.S. stock listing also under consideration.
A fire broke out on the Brooklyn Bridge during New York’s July Fourth fireworks show Saturday, spreading flames and smoke before firefighters extinguished the blaze.
Iran’s Revolutionary Guard chief has emerged from hiding as Tehran prepares for Ayatollah Khamenei’s dayslong funeral, raising economic and political questions.
Ukrainian strikes on Russian oil refineries have choked domestic fuel supplies, leaving drivers in long lines and frustration growing across Russia.
Finance
Dow Jones futures point toward back-to-back record highs Tuesday while chip stocks drag Nasdaq 100 futures lower, setting up a divided market open.
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At Sintra, central bank officials from around the world signaled they see Fed Chair Kevin Warsh as a potential ally — a notable shift in an otherwise strained relationship with Washington.
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Medicare begins covering obesity drugs July 1, unlocking a major new market for Novo Nordisk and Eli Lilly while raising federal spending questions.
