Apple will manufacture over 15 billion US-made chips and invest $1.5 billion in Broadcom's Colorado facility.

mbbirdy/E+ via Getty Images Wall Street traded lower on Wednesday after President Donald Trump declared the fragile U.S.-Iran truce officially over following renewed strikes. The blue-chip Dow ( DJI ) was -1.5%, the benchmark S&P 500 ( SP500 ) was -0.8%, and the tech-focused Nasdaq Composite ( COMP:IND ) was -0.8%. Now, here are four news stories that broke overnight to watch out for: U.S.-Iran hostilities resume: President Donald Trump declared the tentative ceasefire with Iran over and warned the U.S. would "probably" launch another round of strikes against the country on Wednesday, with the possibility of reinstating a naval blockade targeting Iranian shipping. Speaking at the NATO summit in Ankara, Trump said "We hit them very hard last night" and signaled potential escalation beyond maritime restrictions, raising the prospect of strikes on infrastructure including desalination and power plants. Global government bond yields spike: Renewed Middle East tensions lifted oil prices and pushed government bond yields sharply higher across major economies as investors reassessed the outlook for inflation and interest rates. The U.S. 10-year Treasury yield rose to 4.58%, Germany's 10-year Bund climbed to 3.07%, and the U.K.'s 10-year gilt advanced to 4.96%. Japan's 10-year yield held near 2.87%, its highest level in decades, while yields in Australia, Canada, India, Brazil, and Russia also moved higher. Apple and Broadcom expand chip deal: Apple ( AAPL ) announced a multiyear commitment with Broadcom ( AVGO ) expected to exceed $30 billion that will lead to the production of over 15 billion U.S.-made chips and support hundreds of American jobs. The partnership, Apple's largest American Manufacturing Program commitment to date, will enable Broadcom to expand and modernize its manufacturing facilities in Fort Collins, Colorado, with a $1.5 billion capital expenditure investment. Alibaba surges on AI growth: Shares of Alibaba Group ( BABA ) jumped about 10% in premarket tr...

日内瓦“全球治理之友小组”7日在日内瓦国际会展中心举办“AI向善普惠发展研讨会”。中国工业和信息化部部长李乐成在研讨会上介绍中国人工智能（AI）发展成就并表示，人工智能全球治理呼唤更强有力的国际协作，各方应深化创新合作，加强协同共治，充分释放智能红利，共创美好智能时代。中国常驻联合国日内瓦办事处和瑞士其他国际组织代表贾桂德表示，人工智能向善普惠发展，关键是坚持以人为本、开放合作、多边主义，中方愿同各方一道推动人工智能朝着有益、安全、公平方向发展，为完善全球治理作出更大贡献。与会各方强调应加强团结合作，推动人工智能向善发展、普惠各方、造福人类，认为“全球治理之友小组”在首届人工智能治理全球对话和人工智能造福人类全球峰会期间举办研讨会，为人工智能全球治理作出积极贡献。（央视新闻）

Meta Platforms is several years away from providing neocloud services, while neocloud pure plays are rapidly expanding their gigawatt pipelines.

Key PointsMeta Platforms intends to have tens of gigawatts of compute capacity available in a decade, which will help support its neocloud ambitions.

Can Meta Platforms Become a Neocloud? Don't Hold Your Breath. Yahoo Finance

mohd izzuan/iStock via Getty Images Groundhog Day “The whole world, unfortunately, has become somewhat of a casino.” –President Donald Trump July 1, 2026 Dear Fellow Shareholders, On March 16, 2026, six weeks to the day after Punxsutawney Phil saw his shadow, President Trump told reporters he thought the Iran conflict would have caused the stock market to “ go down much more, if you want to know the truth .” He also predicted the war would be over soon. The S&P 500 climbed 1% that day off the post-war lows, with headlines citing geopolitical relief. This sequence of unconfirmed diplomatic progress stoking market gains replayed ad infinitum, in a time loop reminiscent of Bill Murray’s 1993 role as Phil Connors, an aptly named TV weatherman covering Groundhog Day on site in Pennsylvania. Undoubtedly, War On -> War Off -> Market Up was the major story of the quarter, but it’s essentially a continuation of a pattern of Pollyannaish investors responding to cues from Washington. Wikipedia writes of Murray’s character: “ Realizing that there are no consequences for his actions , Phil begins to spend his loops indulging in binge eating, one-night stands, and robbery, using his growing knowledge of the day's events and the town's residents to manipulate circumstances to his advantage .” Sound familiar? We’d wager that the proportion of investors who weigh consequences before making investment decisions is near an all-time low, since they have been emboldened by the Fed put, fiscal profligacy, and market jawboning from on high. Defending the mid-June Memorandum of Understanding between the U.S. and Iran, the President remarked, “ There’s nothing so smart as the market, and the market loves it beyond anything that I’ve actually seen .” Loves it, or loves the casino? When Wall Street wakes up to its alarm each morning, the day’s unfolding scene may have grown predictable, but unlike the frozen-in-time movie, stock prices are starting higher than the day before, more often than ...

这位科斯拉风投创始人、知名风险投资人表示，外界批评 OpenAI 估值过高，他对此毫不在意 作者：贡詹・班纳吉 维诺德・科斯拉称自己从不会感到焦虑。 这位身家亿万的风投大佬、科斯拉风投创始人，在加州门洛帕克接受《华尔街曰报》最新一期财经访谈。他分享了自己押注高潜力项目的投资思路、人工智能将如何重塑下一代创业者所处的经济格局，以及自己始终从容淡定的秘诀。 以下为访谈核心摘要，均为科斯拉原话，内容经过精简编辑： 关于期权价值型投资 我常把自己的投资模式称作期权价值投资。这笔投资如果最终失败，你最多亏掉全部本金；但一旦项目跑通，回报能翻五倍、十倍、百倍…… 我甚至希望 OpenAI 能带来千倍乃至更高回报。 不是所有人都要照搬我的投资方式，但如果一个人志存高远、想要做成大事，就必须承担风险。如果一件事轻而易举，早就有人做成了。 关于提高资本利得税 我认为现行税收体系存在严重缺陷，放到人工智能行业来看问题尤为突出。未来大部分新增价值都会流向资本方，而非普通劳动者。我认为一项根本性改革值得探讨：统一资本利得税与普通收入所得税税率，二者不再设置差别。 关于压力 说实话，人总会心生疑虑，永远无法百分百确定自己的选择是否正确，但我从不会因此止步不前。我从来感受不到压力，甚至不懂压力是什么滋味。 责任编辑：郭明煜

Forget swimming pools. If you really want to show you’re one of the ultra-rich, you need your own snow room. You can even put one on your yacht Name: Snow rooms. Age: About 10 years old. Continue reading...

德国政府将提供高达115亿欧元（约合131亿美元）的国家担保，以支持造船商迈尔造船厂（Meyer Werft GmbH）与瑞士邮轮运营商地中海邮轮（MSC Cruises）之间的邮轮建造合同。据知情人士透露，德国联邦议院预算委员会周三在一次闭门会议上决定，联邦政府应提供包含利息在内的上述担保。

Floriana/iStock via Getty Images What a difficult hold Pagaya Technologies Ltd. ( PGY ) has been so far, right? The stock has a 52-week range from $10.40 to $44.99 . And it just simply perfectly describes how volatile PGY actually is. Now, the stock has rebounded since my latest coverage . As I've pointed out, it was surely an ugly price action. But, structurally, I personally didn't see significant long-term concerns. Quite the opposite, I argued that its bull thesis remains very much intact despite poor price action. And the stock has surged 32% since my previous piece. And has outperformed the benchmark versus its 7% increase. PGY: Stock Surged 32% Since My Latest Piece (Seeking Alpha) So, has anything changed? To be frank, not really. I am still in the camp that there could be more upside for Pagaya. I still view the company as an undervalued fintech. And that it's still an outstanding revenue growth story, in my opinion. On top of this, I view multiple catalysts developing favorably here for Pagaya. And that's something that makes me maintain my rating here as a Strong Buy. Here's why. A Miss On Revenue Estimate Doesn't Cloud Its Outlook Yes, I don't think that a miss on revenue estimates versus what the market has anticipated clouds its long-term outlook here. If anything, Pagaya posted a 10% revenue growth on a year-over-year basis in Q1 2026. And that's still a solid performance in my opinion. I also love to see bottom-line growth here. And it has increased from $0.69 in diluted EPS Q1 2025 to $0.73 in the very recent quarter. And while it hasn't been an ideal performer over the past years. Structurally, I don't think that there are a lot of significant concerns. PGY: Historical Earnings (Seeking Alpha) Now, I'd love to have a deeper look at its most recent Q1 2026 quarter. And later on I will share what I personally will be looking for in the upcoming quarter here. PGY: Financial Highlights (Pagaya Investor Relations) Quite frankly, I am happy to see PGY's ...

Source: Bloomberg, 0:00

在特朗普表示与伊朗达成的临时停火已经结束后，国际油价突破每桶80美元，地缘政治风险溢价重新回归市场，投资者担心原油供应再次中断。 布伦特原油期货一度上涨约8%，逼近逾两周来最高水平。美国西得克萨斯中质原油（WTI）期货也大涨至每桶75.50美元左右。 特朗普警告称，随着美国政府考虑进一步打击伊朗，包括可能“接管”伊朗主要石油出口枢纽哈尔克岛，油价恐将进一步上涨。 成品油价格周三也延续涨势。在俄罗斯宣布禁止柴油出口后，柴油价格一度飙升14%。 交易员还关注美国能源信息管理局（EIA）周三公布的库存数据。数据显示，美国商业原油库存自4月以来首次增加，但仍处于约四年来最低水平，市场因此预计，如果紧张局势再次升级，美国作为全球“最后供应方”的角色恐难长期维持。 9月交割的布伦特原油结算价上涨8.58%，至每桶80.52美元； 8月交割的WTI原油上涨7.91%，至每桶76.01美元。 责任编辑：丁文武

The International Olympic Committee decision effectively overturns a decade-long ban on Russian athletes from international sport imposed due to a state-sponsored doping scandal and Russia's full-scale invasion of Ukraine. (Image credit: Pavel Bednyakov)

MikeMareen President Donald Trump said Ukraine will be allowed to license technology to produce Patriot missile interceptors, which have become a key part of its arsenal in its ongoing war with Russia. “We’re going to be giving a license to you,” Trump said during a meeting with Ukrainian President Volodymyr Zelenskyy at the NATO summit in Turkey on Wednesday, according to Bloomberg . “We’ll show them how to do it," Trump continued, adding, “I think they can produce them pretty quickly…they have a great ability to produce weapons.” Zelenskyy responded that he thought the move was a "great idea," emphasizing that his country urgently needs the equipment. Patriot missile interceptors are currently made by U.S.-based RTX ( RTX ) and Lockheed Martin ( LMT ). The weapons have become increasingly in short supply amid ongoing conflicts in Ukraine and the Middle East. More on Lockheed Martin, RTX Corporation Lockheed Martin: A Great Entry Point In The Defence Industry (Rating Upgrade) RTX Corporation: The Valuation Expects More Growth RTX: Own A Piece Of Global Multipolar Peace Trump says NATO allies 'have not treated us right,' renews push for Greenland at NATO summit Lockheed Martin wins two U.S. defense contracts worth over $607M

CNBC’s Jim Cramer has spent much of 2026 warning that the stock market’s biggest short-term risk lies in the ever building IPO pipeline. His concern boils down to a simple analysis pulled from a recent social post: “We have to be careful.” The immediate trigger is SK Hynix’s roughly $28 billion American Depositary Receipts (ADR) ... Wall Street Insider Says SK Hynix IPO Could Overwhelm the Market. Here’s the Risk Beyond Memory Stocks.

Key PointsWith AI set to disrupt every industry, Gardner argues most investors should own at least fifty stocks and tilt toward cautious, long-term positions in today's richly priced market.

The dollar index (DXY00 ) is up by +0.09% today. The dollar is supported by today’s equity market slump, which has boosted liquidity demand for the currency. Also, higher crude oil prices today have pushed up inflation expectations and could persuade the Fed to keep monetary policy tight, a supportive...

After the announcement that Reform UK leader Nigel Farage would quit his Clacton constituency and stand in a by-election, the serial election candidate Count Binface posted online: "Game on, Nige."

Source: Bloomberg, 26:48

adventtr/E+ via Getty Images A crash of a single-engine aircraft into a Beijing high-rise last month raised concerns about the future of China’s electric vertical take-off and landing (eVTOL) ambitions as the government will likely tighten restrictions governing low-altitude aircraft. As the event could also undermine consumer confidence in the aircraft and weigh on the company’s sales, BofA Securities double downgraded Guangzhou-based EHang ( EH ) to Underperform and cut its target price on the aircraft manufacturer by more than half to $5.40. In late June, a single-engine, two-seat Sunward SA 60L Aurora light sport aircraft crashed into Beijing’s tallest skyscraper in the essential Central Business District, killing the pilot and injuring 13 others. The aircraft also narrowly missed a Hainan Airlines jet in the area. Although the crash was a deliberate act by the pilot and did not involve an eVTOL aircraft, the fallout will have far-reaching ramifications on the industry as the government is expected to tighten low-altitude airspace and restrict permission for private aircraft to operate over urban areas. Companies like EHang ( EH ) can also expect to see slower commercialization of eVTOL aircraft amid a much more cautious consumer environment, as well as stricter safety standards (increased hardware/software for obstacle avoidance), more training requirements for pilots, and a “more prudent view in procuring eVTOLs” by local governments. As such, BofA analyst Fiona Liang now expects China’s eVTOL sales volume to reach 2.9K units by 2030 versus an earlier forecast of 3.5K units, weighing on EHang’s ( EH ) eVTOL sales outlook in 2026 to 2028. The crash is yet another blow for the company, which has seen its stock price deteriorate by 59% since the beginning of the year. Although most Wall Street analysts and Seeking Alpha authors remain bullish towards EHang ( EH ), Seeking Alpha’s Quant rating views the stock as a Strong Sell with a Quant score of just 1.04 out of...

The Amplify Digital Payments ETF is seeing unusually high volume in afternoon trading Wednesday, with over 113,000 shares traded versus three month average volume of about 31,000. Shares of IPAY were off about 3.7% on the day. Components of that ETF with the highest volume on

Apple and Broadcom (NasdaqGS:AVGO) have entered a multi-year chip supply agreement valued at more than US$30b. The deal runs through 2031 and covers custom silicon and wireless connectivity components for multiple Apple product generations. As part of the agreement, Apple plans to invest US$1.5b to expand and modernize Broadcom's Fort Collins, Colorado manufacturing facility. For investors tracking Broadcom, this fresh agreement with Apple highlights how central the company is to high...

Broadcom (AVGO) Lands Apple Deal Worth Over $30 Billion Through 2031 Yahoo Finance

Both Netflix and T-Mobile stocks have been battered this year and bounced hard last week, but their risk profiles could not be more different for a retiree counting on that portfolio to pay the bills.

芯片板块在市值蒸发 2 万亿美元后小幅尝试反弹，指数当前运行至回调与破位的临界分水岭。 费城半导体指数（^SOX）正在测试约 12000 点一线，该点位 5 月曾短暂止住下跌，形成经典技术形态：前期阻力位有机会转化为新支撑，但前提是价格回落时买盘主动护盘。一个月前多头曾成功守住该区间。 对费城半导体指数而言，多头必须守住的收盘关键支撑位约 11950 点；对应半导体 ETF（SOXX）支撑位在 535 美元附近。 若站稳支撑：指数反弹有望顺势冲击 13000 点，上方强阻力位于 14000 点； 若有效跌破支撑：技术面将快速转空，指数或直接下探 11000 点，跌幅接近千点。 本次支撑位承压背后，抛售压力真实且巨大。 6 月 22 日是费城半导体指数、朗希尔存储 ETF（DRAM）及多数芯片股的收盘峰值。自当日起，雅虎财经统计的近 60 只芯片成分股市值合计蒸发约 2.1 万亿美元，个股跌幅中位数达 21%。 存储 ETF DRAM 已正式进入熊市区间（高点收盘至今跌幅超 20%）；而费城半导体指数对应的熊市临界点位更低，约 11700 点。 存储芯片仍是板块最大承压源头。三星（005930.KS）、SK 海力士（000660.KS）隔夜再度大跌 6%，创下六周新低。 三星自高点累计跌幅超 25%， 美光 （MU）同步下跌 25%，SK 海力士高点回撤幅度达 30%。 SK 海力士定于本周五登陆 纳斯达克 ，此次上市将成为衡量 AI 存储赛道市场情绪的实时风向标。 路透社消息，本次约 280 亿美元规模的美国存托凭证（ADR）发行超额认购倍数极高，说明即便板块遭遇抛售，机构资金仍有配置意愿。 看多芯片板块的投资者当下目标十分明确：守住费城半导体指数 11950 点、SOXX 535 美元关口，本轮下跌仅视作回踩确认支撑；一旦收盘跌破该区间，下跌通道将彻底打开，指数直奔 11000 点。 责任编辑：郭明煜

伊朗安全部门消息人士称，如果美国对伊朗发动任何袭击，伊朗将关闭霍尔木兹海峡，并对敌方目标实施至少两倍于所受打击规模的回击。美国总统特朗普8日在土耳其参加北约峰会期间说，他对伊朗很不高兴，美军“今晚可能”再次狠狠打击伊朗，还可能会对伊朗重新实施海上封锁。（央视新闻）

Alones Creative/iStock via Getty Images The high-quality picks-and-shovels story that is 5N Plus ( FPLSF ) has continued to work well in the months since my last update on this Canadian supplier of ultra-pure specialty materials. Up almost another 60% since then, the shares have roughly quadrupled over the past year on growing awareness of the story and optimism over the longer-term growth opportunities in power, commercial space, and other high-end applications. 5N Plus shares are definitely in growth/momentum stock territory where valuation is concerned. While I do think a 30%-plus EBITDA growth rate is attainable for multiple years, the shares now trade at around 40x 12-month EBITDA expectations. Valuation alone seldom stops a growth stock in the short term, but I’m more inclined to call this a “buy on the dips” idea now rather than just diving in at any price. Healthy Results And Backlog Growth Strong demand for materials used in solar applications, as well as bismuth-based products, has continued to support strong quarterly earnings reports, with the first quarter marking the ninth straight quarterly beat relative to sell-side expectations. The first quarter saw revenue grow 33% from the prior year and 16% from the prior quarter, with good growth in both Specialty Semiconductors (up 37%) and Performance Materials (up 21%). Gross margin improved almost a point from the prior year and six points from the prior quarter, reaching 35.1% in the first quarter. While Specialty Semiconductor margin eased slightly (down 60bp yoy to 34.4%), Performance Materials improved almost five points to 37.8%. Adjusted EBITDA rose 41%, with margin up 140bp yoy to 24.8%, and beat sell-side expectations by nearly a third. Both segments grew well, with Specialty Semiconductors up 42% (margin up 90bp to 29.1%) and Performance Materials up 67% (margin up more than eight points to 31.9%). 5N Plus continues to fill its order books for the coming years, with bookings up 62% yoy (and 13% qoq...

Most of us enjoy a good comeback story, and that's exactly what Stellantis (NYSE: STLA) hopes to achieve by the end of this decade. The struggling carmaker is putting its money where its mouth is with a $70 billion turnaround strategy that focuses not just on North America, but Europe as well, through a multipronged approach to affordable pricing as the price of new vehicles continues to rise. Stellantis is committed to driving 70% of its investment through four core brands: Jeep, Ram, Peugeot, and Fiat. If the automaker executes its strategy well, investors should be well rewarded with market-beating returns through the rest of this decade. Lost in the shuffle, though, is a key resurgence in Europe. Let's dive in. It appears that Jeep will be instrumental in reversing Stellantis' fortunes in Europe. Investors know SUVs are big business in the U.S. market, but many don't realize that small SUVs and crossovers are Europe's second-largest segment, and compact SUVs and crossovers remain the largest segment. Continue reading

SAN FRANCISCO, CA AND YEREVAN, ARMENIA / ACCESS Newswire / July 8, 2026 / Adag Group, a North American data center and mission-critical infrastructure consultancy, today announced that it has been selected by Firebird, a U.S.-based AI cloud and infrastructure ...