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President Trump said Turkey has helped US efforts to end the war with Iran.
2026-07-07
President Trump said Turkey has helped US efforts to end the war with Iran.
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2026-07-07
Samsung's Q2 operating profit rose 19-fold YoY, driven by AI data-center build-out pushing DRAM/NAND demand; core storage capacity remains effectively tight, supporting concurrent volume and price gains. Markets sold off despite the strong numbers as
Samsung's Q2 operating profit rose 19-fold YoY, driven by AI data-center build-out pushing DRAM/NAND demand; core storage capacity remains effectively tight, supporting concurrent volume and price gains. Markets sold off despite the strong numbers as investors fear a future supply glut and demand peak. Key risks: prior industry-wide capacity expansion could trigger oversupply if US tech firms curb AI infra capex; alternatively, labor shortages and power constraints could stall data-center builds and cut hardware demand. The prospect of looming overcapacity and fading pricing power prompted profit-taking and the stock pullback.
2026-07-07
UAE state oil firm Abu Dhabi National Oil Company (ADNOC) said it will partner with XRG and Mitsui to pursue new opportunities across the energy value chain.
UAE state oil firm Abu Dhabi National Oil Company (ADNOC) said it will partner with XRG and Mitsui to pursue new opportunities across the energy value chain.
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