Market pricing shows bets on a Fed rate hike this month have been trimmed.

Fed Governor Bowman said the Fed should not micro-manage banks on issues such as artificial intelligence.

Counterpoint says worsening DRAM and NAND supply shortages pushed global smartphone shipments down 11% YoY in Q2 2026, the weakest Q2 since 2013. Samsung regained the No.1 position with a 24% share and the strongest YoY growth among the top five, helped by pricing moves and competitive dynamics in select markets. Apple shipments rose 3% YoY, with quarterly share reaching 20% for the first time, supported by strong demand for high-end iPhones. Xiaomi, OPPO and vivo fell sharply; heavier exposure to storage-cost‑sensitive entry and mid segments left their volumes under greater pressure.