Counterpoint Research forecasts global smartphone shipments will decline 14.3% YoY in 2026, citing rising component costs, reduced supply of low‑price devices and weaker consumer purchasing power. Shipments are seen dropping a further 1.4% in 2027 before a projected recovery of about 4.8% in 2028.

Five traders said the Reserve Bank of India may enter the FX market on Monday to alleviate uncertainty from a potential US–Iran conflict and corporate hedging flows pressuring the rupee. Market observers noted state-owned banks selling US dollars, likely acting on behalf of the RBI. Traders added that recent government measures to shore up the external position have driven strong inflows, bolstering the RBI's capacity to support the rupee via intervention.

Moore Threads published a technical white paper for MTT S5000 outlining a 'Prefill as a Service' paradigm built on its flagship MTTS5000 AI training-and-inference compute card. The paper targets long-context inference use cases—AI agents, code generation and ultra-long document analysis—and promotes a route to improve inference efficiency, control costs and enable compute monetization for industry deployment.