Industry
Samsung’s Record Profit Wasn’t Enough? Is the AI Memory Boom Nearing Its Peak?
Samsung Electronics has just announced its earnings guidance for the second quarter of 2026. Normally it will push its stock higher. Instead, investors sold. Samsung’s second quarter revenue reached approximately KRW 171 trillion, while operating profit hit about KRW 89.4 trillion — its third consecutive record quarter. Profit is
7-Eleven sues Nike over Air Max with Slurpee maker's colors
WASHINGTON, July 2 - 7-Eleven has sued Nike in federal court in Texas, accusing the sportswear giant of copying the convenience store chain's signature orange, green and red stripe design on a sneaker that Nike plans to release on July 11, known as "7-Eleven Day."
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.
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
Lithium Rally Is No Longer Just About EVs, and the Market Hasn’t Fully Priced in Why
Lithium's rally already reflects a shift from EV to storage demand, but the market hasn't fully priced in what a widening 2026 supply deficit could mean next.
Next AI Energy Trade: More Power VS More Value per Watt
Brief summary of "Why the world's biggest battery maker isn't worried about AI's energy demand" and extended analysis
OpenAI proposes handing Trump administration 5% stake
According to FT, Sam Altman’s start-up in early talks for a public ownership deal as political pressure rises.
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
CMA CGM nears $1.4 billion deal for FedEx logistics unit, sources said
French container shipping group CMA CGM is nearing a deal to buy FedEx's third-party logistics business for $1.4 billion in cash.
Data centre electricity use surged in 2025, even with tightening bottlenecks driving a scramble for solutions
Summary: A report from IEA shows that data center electricity use surged in 2025, turning power access into one of the most important constraints on the AI boom. The AI trade has usually been framed around chips, models and capital. But the International Energy Agency’s latest report points to
SK Hynix Nasdaq IPO: Gunning for Micron or Recoiling From the Korea Discount?
SK Hynix, one of the leading manufacturers of DRAM and NAND, will list American Depositary Receipts on Nasda. Here's our thoughts:
Samsung and SK Hynix plan massive sites as part of South Korean national project
Samsung Electronics and SK Hynix plan to each build two new massive chip fabrication sites in South Korea's southwest region as part of a national project to build chip production "ecosystem" valued at 800 trillion won.
