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BHP Billiton's metallurgical coal production in the fourth quarter was 5.7 million tons, up 10% year-on-year; thermal coal production was 4.2 million tons, up 3% year-on-year.

2026-07-16

BHP Billiton's metallurgical coal production in the fourth quarter was 5.7 million tons, up 10% year-on-year; thermal coal production was 4.2 million tons, up 3% year-on-year.

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2026-07-16

Micron has retreated 25% from its peak, Microsoft is down 27%, SanDisk is down 31%, SpaceX is down 33%, Netflix is down 45%, and Oracle has plummeted 60%. However, the S&P 500 remains near historical highs, indicating that the current market is not e

Micron has retreated 25% from its peak, Microsoft is down 27%, SanDisk is down 31%, SpaceX is down 33%, Netflix is down 45%, and Oracle has plummeted 60%. However, the S&P 500 remains near historical highs, indicating that the current market is not experiencing a broad-based rally, but rather a sharp internal rotation. The S&P 500 uses market capitalization weighting; a rise in a few heavyweight stocks can offset a decline in many constituent stocks. SpaceX is not yet included in the index and will not directly affect it. Meanwhile, funds are withdrawing from previously overvalued and high-flying chip, software, and streaming media leaders, shifting to other large-cap technology stocks, financials, consumer goods, and value sectors. Therefore, high index levels do not mean that star stocks are immune to bear markets; rather, the driving force behind the rise has shifted to a different group of companies. Behind the seemingly calm index lies a high degree of divergence between industries and individual stocks.
2026-07-16

Japanese Finance Minister Satsuki Katayama: We will take appropriate foreign exchange action as needed.

Japanese Finance Minister Satsuki Katayama: We will take appropriate foreign exchange action as needed.
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