ECB President Lagarde said global bond repricing is underway.

Counterpoint reports H1 2026 foldable smartphone panel shipments fell 13% YoY. Clamshell (flip) panel shipments dropped 62% YoY while large foldable panels rose 35% YoY. Q2 volumes were up 85% vs Q1 but remained 16% below Q2 2025. Samsung Display shipments rose 6% YoY, lifting its supplier share by 13.5pp to 66%. Counterpoint forecasts 2026 full-year shipments +23%; H2 vs H1 +53% and H2 YoY +71%. It sees 2026–2030 market shipments up 74%, implying a ~15% CAGR.

People familiar with the matter said Microsoft (MSFT.O) plans to expand global data‑center capacity to more than 38 GW by 2032 from about 12 GW today — a greater‑than threefold increase — to address compute shortages driven by rapid AI and cloud demand. The roadmap covers owned and leased data centers but excludes compute rented from newer cloud providers such as CoreWeave. The plan remains subject to customer demand and technological change. Sources said Microsoft previously limited some data‑center builds, turned away certain AI and cloud workloads, and restricted new cloud subscriptions in parts of the US and Europe, prompting some customers to migrate to competitors. Microsoft said it is accelerating data‑center construction. The company’s latest fiscal‑year capital expenditure was $145.0 bln; analysts expect capex to rise in coming years.