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Spanish police: The fire at the Madrid skyscraper is under control; there were no casualties.
2026-06-23
Spanish police: The fire at the Madrid skyscraper is under control; there were no casualties.
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2026-06-23
Counterpoint Research says global cellular IoT module shipments rose 4% YoY in Q1 2026. China remained the largest market by volume but saw shipments fall 2% YoY, a decline Counterpoint attributes to a seasonal post-Chinese New Year demand pullback a
Counterpoint Research says global cellular IoT module shipments rose 4% YoY in Q1 2026. China remained the largest market by volume but saw shipments fall 2% YoY, a decline Counterpoint attributes to a seasonal post-Chinese New Year demand pullback among domestic OEMs in asset tracking, POS terminals and telematics, and weaker passenger car sales. Technology mix was divergent: 4G Cat 1 bis modules grew 12% YoY, led by demand in India, MENA and Latin America for smart meters, POS, asset tracking and vehicle connectivity; 5G modules were the fastest-growing segment, up 39% YoY on routers/CPE, connected PCs and automotive uptake, according to chief analyst Tina Lu.
2026-06-23
South Korea’s KOSPI plunged 9.99% on Tuesday, the largest one-day drop in three months, after foreign investors sold following a regulator signal that the chip sector was overheating. CLSA chief equity strategist Alexander Redman said the move expose
South Korea’s KOSPI plunged 9.99% on Tuesday, the largest one-day drop in three months, after foreign investors sold following a regulator signal that the chip sector was overheating. CLSA chief equity strategist Alexander Redman said the move exposed volatility heightened driven by heavy retail participation and margin use, warning volatility "has gone out of control" and noting regulator-approved leveraged single-stock ETFs have amplified risks. South Korea’s market regulator acknowledged it was too hasty approving leveraged funds tied to major chip names launched last month and warned retail investors against using leverage as margin debt and financing to buy stocks hit a record high in June.
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