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President Trump on Iran: either reach a deal or finish the job; he prefers reaching a deal.

2026-07-06

President Trump on Iran: either reach a deal or finish the job; he prefers reaching a deal.

Other News
2026-07-07

Samsung Electronics reported preliminary Q2 operating profit of 89.4 tln won (YoY +1,810.2%), topping estimates of 87.3 tln won and exceeding the prior three years’ combined profit. Despite the beat, Samsung shares fell as much as 8% in early trading

Samsung Electronics reported preliminary Q2 operating profit of 89.4 tln won (YoY +1,810.2%), topping estimates of 87.3 tln won and exceeding the prior three years’ combined profit. Despite the beat, Samsung shares fell as much as 8% in early trading; SK Hynix slid 7.3%, sending the KOSPI down about 6%. Analysts said the muted reaction reflects elevated expectations — after provisioning for employee bonuses, profit driven by record storage-chip prices could have exceeded 90 tln won — and renewed concerns that AI-driven data-center buildouts and US tech AI infrastructure spending may slow. Albert Yong, managing partner at Petra Capital Management, said the strong result was largely priced in and investors remain worried about the sustainability of the AI boom.
2026-07-06

Bank of America data shows that US technology funds recorded a net inflow of $14.3 billion in the week ending July 1, the second-highest weekly level on record, continuing the highly volatile flow pattern of the previous two weeks: the previous week

Bank of America data shows that US technology funds recorded a net inflow of $14.3 billion in the week ending July 1, the second-highest weekly level on record, continuing the highly volatile flow pattern of the previous two weeks: the previous week saw an outflow of $9.3 billion, while two weeks prior, a record weekly inflow of $19.2 billion was recorded, indicating that funds are rapidly shifting within the technology sector, but the overall direction is still towards a return to normalcy. Structurally, the four-week average inflow has risen to a record high of $9 billion, suggesting that the technology sector is shifting from "short-term trading-driven" to "sustainable fund allocation." Meanwhile, US overall equity funds recorded an outflow of $17.2 billion during the same period, the largest weekly withdrawal since March, indicating that funds are not withdrawing from the equity market, but rather concentrating on technology from broad-based indices.
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