Container Carriers Eye Return to Red Sea Route
A.P. Moller-Maersk A/S and Hapag-Lloyd AG signaled confidence about resuming passage through the Red Sea, sending the container carriers’ shares down on expectation a return to the shorter route will ease capacity constraints and temper a surge in shipping rates.
Volts to Intelligence - Meta to Build First Data Center in Canada, Expanding Global Fleet
Meta Platforms Inc. will invest around $10 billion to build its first data center in Canada as the company expands its infrastructure to support its artificial intelligence ambitions.
Silicon Bakery - Apple Expands Broadcom Partnership with $30 Billion U.S. Supply Chain Commitment
Apple announced it will expand its partnership with Broadcom through a more than US$30 billion commitment focused on strengthening its U.S. supply chain. As part of the initiative, Apple will also invest US$1.5 billion in Broadcom's manufacturing facility in Fort Collins, Colorado.
Arbitrage Traders Face Tougher Challenge With SK Hynix Than TSMC
Arbitrage desks looking to trade SK Hynix Inc.’s new American depository receipts are dusting off playbooks from Taiwan Semiconductor Manufacturing Co. But many say the comparison only goes so far.
Global Chokepoint - US Military Launches Strikes on Iran for Second Straight Day
The US military struck Iran for the second straight day, an escalation of violence that threatens efforts to reach a permanent peace deal.
Breaking News - SK Hynix US Offering Is More Than Seven Times Oversubscribed
SK Hynix Inc.'s US listing is more than seven times oversubscribed, according to people familiar with the matter, as the South Korean memory chipmaker prepares to price its offering Thursday.
Macro & Micro Compass - Can Trump Bend the Fed Before the Data Does?
The next fight over the Federal Reserve is no longer just about inflation, jobs, or the timing of the next rate move. It is also becoming a test of how much political pressure markets believe the Fed can absorb. Will Trump materially reshape the Fed before his current term? Yes,
Nike Bonus Payouts to Fall Short of Target on Lackluster Results
Nike Inc. employees were told they would receive less than their target bonus amounts following a year of challenges that has eroded company performance, according to Bloomberg's report.
Volts to Intelligence - Meta’s AI Cloud Pivot: Monetization Strategy or Overbuild Signal?
Bloomberg (July 1) - Meta is reportedly developing a cloud infrastructure business that would sell access to AI computing power and models to outside customers. The plan could put Meta into a new competitive lane against cloud leaders such as Amazon Web Services, Microsoft Azure, and Google Cloud. The business would
In Japan, A New Type of Prediction Market is Taking Advantages of the Loophole in Gambling Regulations
From the rapidly developing point based prediction applications in Japan, we can see the demand for event forecasting is spreading into Asia. The business model is rely on the loyalty points, regulatory arbitrage and advertising, which differs from the trading fee as commonly known. Will Japan formally regulate prediction markets
Cboe Revives Binary Options to Compete with Kalshi, Polymarket
Cboe reenters prediction markets with binary options, targeting retail traders after success of its short-dated contracts.
Meta Building Prediction Market App That Wouldn’t Wager Money
Meta is developing a social prediction-market app using points, not real money, to leverage rising industry interest without financial risk.
