Goldman Sachs significantly raised Micron's price target: 'Q3 results' will be impressive, and supply-demand tightness is expected to persist through 2027! Moomoo
Goldman Sachs significantly raised Micron's price target: 'Q3 results' will be impressive, and supply-demand tightness is expected to persist through 2027! Moomoo
Chemical fertilizers being loaded onto a ship in Yantai Port, Shandong on April 27, 2026. Photo: VCG Amid mounting geopolitical friction and shifting global trade winds, China’s export engine is roaring back to life. But the primary fuel isn’t cheap apparel or plastic toys — it is the global artificial intelligence boom. In May 2026, China’s exports surged 19.4% year-over-year. A deeper look at th...
Chemical fertilizers being loaded onto a ship in Yantai Port, Shandong on April 27, 2026. Photo: VCG Amid mounting geopolitical friction and shifting global trade winds, China’s export engine is roaring back to life. But the primary fuel isn’t cheap apparel or plastic toys — it is the global artificial intelligence boom. In May 2026, China’s exports surged 19.4% year-over-year. A deeper look at the data reveals a stark transformation in the nation’s economic drivers. Integrated circuits and automatic data processing equipment contributed nearly half of all export growth. Concurrently, traditional labor-intensive exports, including clothing and toys, saw outright declines.
US Seeking 'Precise Info' On Iran's Enriched Uranium Via IAEA Board Via The Cradle Washington has turned to the International Atomic Energy Agency (IAEA) Board of Governors in order to determine the fate of Iran’s highly enriched uranium, according to reports by Reuters and other media outlets. Sources cited by Reuters – which obtained a draft of a resolution being pushed by the US – said that Ira...
US Seeking 'Precise Info' On Iran's Enriched Uranium Via IAEA Board Via The Cradle Washington has turned to the International Atomic Energy Agency (IAEA) Board of Governors in order to determine the fate of Iran’s highly enriched uranium, according to reports by Reuters and other media outlets. Sources cited by Reuters – which obtained a draft of a resolution being pushed by the US – said that Iran is being called on to “provide the Agency with precise information on nuclear material accountancy and safeguarded nuclear facilities in Iran.” via Reuter The US draft also calls on Tehran to grant “all access it requires to verify this information,” adding that Iranian cooperation is “essential and urgent” and must happen “without delay.” The text does not refer Iran to the UN Security Council, which would have followed up on the IAEA resolution declaring Tehran in breach of its obligations under the Non-Proliferation Treaty (NPT). That resolution was issued on 12 June 2025, a day before the US-backed 12-day war on Iran last year. Diplomats told Reuters that such a move was “under consideration.” Al Mayadeen also reported, citing its own draft copy of the resolution, that Washington is lobbying states on the IAEA Board to back its push. This came as IAEA chief Rafael Grossi called on Tehran to “re-engage” with the IAEA. “I call on Iran to engage the Agency constructively in order to facilitate the full and effective implementation of safeguards in Iran,” he said, adding that “It's very important that we re-engage.” Reuters reported earlier in June that the US was preparing a draft resolution to condemn Iran at an upcoming IAEA meeting. Tehran has repeatedly accused the IAEA of passing along sensitive information to Israel . At the end of the 12-day war last year, the US attacked key Iranian nuclear sites and claimed it “obliterated” Tehran’s entire nuclear program. Intelligence assessments indicated at the time that Washington’s claims were false. Since then, the IAEA h...
BlackRock Head of Asia Pacific Susan Chan describes the selloff in tech stocks as an "opportunity", saying markets have proven to be resilient over time. (Source: Bloomberg)
BlackRock Head of Asia Pacific Susan Chan describes the selloff in tech stocks as an "opportunity", saying markets have proven to be resilient over time. (Source: Bloomberg)
Aluminum fell to the lowest level in one month after tensions in the Middle East escalated and expectations of US rate hikes damped the demand outlook for industrial metals. Sentiment soured as stocks dropped after US forces struck Iran. The prolonged war has stoked inflation and raised the prospect of higher interest rates that could slow global growth and demand for metals. Traders are waiting o...
Aluminum fell to the lowest level in one month after tensions in the Middle East escalated and expectations of US rate hikes damped the demand outlook for industrial metals. Sentiment soured as stocks dropped after US forces struck Iran. The prolonged war has stoked inflation and raised the prospect of higher interest rates that could slow global growth and demand for metals. Traders are waiting on Wednesday’s US inflation report, which may provide the clearest signal yet on whether rates will stay elevated for longer. Bond traders are piling into positions targeting multiple Federal Reserve hikes in coming months, with some looking for a move as early as September. The metals market is focusing on tighter global liquidity following robust US employment data, which is bearish for risk assets from gold and silver to industrial materials, said Li Xuezhi, research head at Chaos Ternary Futures Co. Long-term demand prospects are still intact, however, driven by increased spending on technology. The latest headline is that China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years on building data centers. Global spending on data infrastructure has become a key pillar of the bullish outlook for copper and other metals in recent months. The idea of building a nationwide computing network was laid out in China’s five-year plan earlier in 2026, and the investment is in line with expectations and isn’t affecting prices in the short term. said Li. Aluminum on the London Metal Exchange fell as much as 1.4% to $3,498 a ton, the lowest since May 11, before trading at $3,507.50 a ton as of 10:42 a.m. in Shanghai. Copper declined 0.3% to $13,571.50 a ton, while tin dropped 1.9% to $51,500 a ton.
Factoring Hong Kong’s deadly Tai Po fire into a civil service pay review has dealt a blow to staff morale and risks creating perceptions of populism, unions have warned, saying a proposed 2 per cent across-the-board rise fails to offset inflation or reflect overall performance. Human resources experts, however, said public sentiment had to be considered as pay adjustments involved allocating taxpa...
Factoring Hong Kong’s deadly Tai Po fire into a civil service pay review has dealt a blow to staff morale and risks creating perceptions of populism, unions have warned, saying a proposed 2 per cent across-the-board rise fails to offset inflation or reflect overall performance. Human resources experts, however, said public sentiment had to be considered as pay adjustments involved allocating taxpayers’ money, while the modest rise would have very limited impact on the private sector. The...