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• Global AI investment cooldown triggered a massive sell-off in chip stocks, causing Japan's market to briefly plunge 4% and Zhipu to drop over 12% at the open. • Significant losses were recorded by major players, including Kioxia, which hit its daily limit down, and SK Hynix ADR, which plummeted 13.69% in its previous session. • The Hong Kong market saw heavy losses in leveraged ETFs, with CSOP Hynix 2x Long falling 13.24% and CSOP Samsung 2x Long dropping 3.61%.

Rachel Menitoff praised for her professionalism as giant insect lands on her during piece to cameraViewers of a now-viral video are sharing their amazement at a TV reporter who maintained her composure during a live broadcast after a huge flying cockroach unexpectedly landed on her mid-report.Rachel Menitoff, a reporter for Los Angeles station KTLA News, was covering dangerous conditions caused by extreme heat from Sherman Oaks, California, on Wednesday during an evening live shot. Her report took an unexpected turn when a giant insect interrupted the segment. Continue reading...

• US stocks closed higher as investor sentiment was boosted by softer producer inflation data and strong early Q2 earnings reports. • Key financial firms BlackRock and Morgan Stanley beat earnings estimates, while PayPal saw a significant surge following reports of a buyout offer. • The gains were driven by easing expectations for future interest rate hikes and solid bank results, which offset weakness in the semiconductor sector.

• China's GDP growth in the second quarter slowed to its lowest pace in three and a half years, missing market expectations. • The year-on-year growth rate marks the slowest expansion since the fourth quarter of 2022. • This cooling indicates a significant slowdown in China's economic momentum, raising concerns about the country's overall recovery trajectory.

• Stock markets climbed following reports that June inflation cooled, signaling a potential slowdown in price increases. • JPMorgan Chase reported a record quarterly profit of $21.2 billion, driven by a surge in trading activity and corporate dealmaking. • These combined factors suggest a resilient financial sector and a possible shift in macroeconomic conditions that could benefit investors.

• Fed Chairman Kevin M. Warsh testified before Congress on Tuesday regarding the economic threats posed by rising energy prices. • The testimony follows new data showing the Consumer Price Index slowed to an annual inflation rate of 3.5 percent in June. • Warsh advocated for a shift toward private-sector data and new technologies to gain a real-time understanding of the economy.

• The Dow Jones Industrial Average posted a slight gain amid volatile trading, as cooler inflation data helped offset losses from other sectors. • Market sentiment was weighed down by a slump in IBM and mixed bank earnings, while HCA Healthcare and Virtu Financial saw significant drops of over 9% and 6%, respectively. • The session highlighted a sharp divergence between individual stocks, reflecting investor uncertainty tied to rising Middle East tensions and economic indicators.

• The Nasdaq and S&P 500 rose on July 14, 2026, following the release of consumer price index data showing inflation cooled more than analysts expected. • While the broader market climbed, IBM shares tumbled after the company reported a quarterly miss in its financial results. • Kevin Warsh is scheduled to testify before the House Financial Services Committee on Tuesday and the Senate Banking Committee on Wednesday.

Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last yearInflation cooled to an annual rate of 3.5% in June as the brief US-Iran ceasefire, which has since ended, brought energy prices down, according to new data from the Bureau of Labor Statistics.The consumer price index (CPI), which measures a basket of goods and services, has been elevated since the start of the war, largely because of higher energy prices. After mostly staying under 3% since mid-2024, CPI reached a three-year high of 4.2% in May – up from 2.4% in February. Stripping out volatile energy and food prices, core inflation decreased slightly to 2.6%. Continue reading...

• The United States is scheduled to release its June Consumer Price Index (CPI) data this Tuesday, serving as a pivotal macroeconomic event for global markets. • The report follows a notable increase in inflation during May and comes amid volatility in oil prices and geopolitical tensions in the Middle East. • This data is critical because it will influence the Federal Reserve's upcoming policy assessments and potential expectations for interest rate cuts.

• The EUR/USD currency pair rose modestly to 1.1448 on July 3, 2026, driven by a combination of macroeconomic signals. • The increase was triggered by softer US labor market data and cooling inflation pressures within the Eurozone. • This shift is significant as it reshapes investor expectations regarding the future monetary policy directions of both the US Federal Reserve and the European Central Bank.

• US hiring experienced a sharp slowdown in June, following a three-month streak of stronger-than-expected employment data. • The cooling labor market has led investors to reduce their expectations for further Federal Reserve interest-rate hikes this year. • Simultaneously, the Eurozone is seeing a cooling of its Consumer Price Index (CPI), indicating a broader trend of easing inflation across major economies.

Exclusive: Data shows buyers are not rushing to get into the market, despite lower prices and less competitionGet our breaking news email, free app or daily news podcastFirst home buyers are starting to step back and investor demand is slumping in all areas except new property, as Australia’s housing market enters a downturn.Research shows the market is transforming, nearly two months on from a third consecutive interest rate rise and sweeping tax reforms. Continue reading...

• The Euro zone services sector experienced a slowing contraction in June, according to the latest Purchasing Managers' Index (PMI) data. • This shift is attributed to a sharp cooling of inflation, which has helped stabilize the sector's performance. • The data is critical for policymakers as it indicates a potential turning point in economic activity and price stability across the region.

• Inflation across the single-currency bloc fell more than expected in June, signaling a potential end to the energy-driven price spikes caused by conflict in the Middle East. • Significant price drops of 0.4% were recorded in Belgium, Bulgaria, Estonia, and Luxembourg, while France, Austria, and Finland saw decreases of 0.3%. • Conversely, some regions experienced price hikes, most notably Malta at 1.0%, Cyprus at 0.8%, and Spain and Lithuania both at 0.6%.

• Inflation across the Eurozone fell more than expected in June, signaling a potential decline in the energy-driven price spikes caused by conflict in the Middle East. • Significant monthly decreases were recorded in Belgium, Bulgaria, Estonia, and Luxembourg (all -0.4%), as well as France, Austria, and Finland (-0.3%). • Conversely, some nations saw price increases, with Malta experiencing the steepest rise at 1.0%, followed by Cyprus at 0.8% and Spain and Lithuania at 0.6%.

• The Euro remained steady against the US Dollar on Tuesday, trading around 1.1420 as offsetting economic factors neutralized market movement. • The currency's lack of traction stems from a combination of cooler Eurozone Consumer Price Index (CPI) data and increased market bets on a Federal Reserve interest rate hike. • Market analysts are closely monitoring trade balance figures and economic data from Germany, France, Italy, and Spain, which collectively represent 75% of the Eurozone economy.

• Researchers highlighted several overlooked science stories from June, including the science of soccer's scissors feint and the physics of poop's coiled shape. • The list also featured a breakthrough on boron buckyballs and progress on deciphering the Herculaneum scrolls, which were damaged by the Vesuvius eruption. • These findings showcase recent advancements in various scientific fields, from physics and chemistry to archaeology and sports science.

• A June heatwave across Europe triggered a significant surge in electricity demand and wholesale power prices due to increased cooling needs. • France experienced the most substantial impact, with daily electricity demand rising by nearly 20% over a two-week period. • Germany, Italy, and Spain also reported noticeable increases in power consumption, though the scale of the rise varied by country.

• Europe is experiencing its worst recorded heatwave, causing extreme temperatures that have severely disrupted daily life and commutes. • The blistering conditions have led to crumbling infrastructure, with viral videos showing traffic lights melting in Italy and Germany. • Beyond transportation, the heatwave has overwhelmed healthcare systems and disrupted power generation across the continent.

• Europe is facing a growing social and political divide over the use of air conditioning as the continent accelerates its green energy transition. • The debate highlights a tension between the urgent need to reduce carbon emissions and the necessity of protecting citizens from increasingly extreme heatwaves. • This issue serves as a critical test for climate policy, shifting the focus toward whether environmental goals can be achieved without exacerbating social inequalities.

• Sunday newspapers are focusing on Andy Burnham's upcoming economic policy speech and the impact of a record-breaking heatwave. • Reports in The Observer indicate that Burnham is "actively considering" bringing David Miliband, the former foreign secretary under Gordon Brown, back into frontline politics. • The coverage highlights Burnham's potential trajectory and influence, specifically regarding his ambitions and what he might implement as prime minister.

• European stocks and U.S. futures rose on Monday following an agreement between the United States and Iran to halt recent hostilities and renew diplomatic talks. • The ceasefire led to a decline in oil prices, which had previously spiked due to renewed attacks between the two nations. • This shift toward diplomacy is significant as it reduces geopolitical tension and market volatility surrounding energy supplies.

• US stock futures are sliding as the technology sector prepares for further losses, signaling a cooling period for the recent artificial intelligence rally. • Market volatility is being offset slightly by a sharp decline in oil prices, which have dropped toward pre-war levels. • This shift reflects a broader correction in tech valuations after a period of rapid growth driven by AI optimism.

• The Australian government is planning to implement a ban on sports betting advertisements to combat rising gambling addiction across the country. • The move follows pressure from critics and health advocates who highlight that Australia suffers from some of the world's highest gambling losses. • This policy aims to protect vulnerable citizens, particularly youth, from the pervasive influence of betting promotions integrated into sports culture.

• The Dow Jones Industrial Average reached a new record high, while the S&P 500 and Nasdaq remained relatively flat during the latest trading session. • Market gains were primarily driven by the information technology sector, offsetting declines in the energy sector as crude oil prices dropped sharply. • The decline in oil prices follows news that the United States and Iran are nearing the formal signing of a truce agreement.

New name, Bristol Dockyards, and museum revamp aimed at becoming more rooted in community, says chief executiveOne of the UK’s maritime landmarks is being renamed as part of a drive to make it “cooler” and more inclusive.For a decade, the dockland site in Bristol that houses the ocean liner SS Great Britain, which was designed by the Victorian engineer Isambard Kingdom Brunel, has been promoted as Brunel’s SS Great Britain. Continue reading...

• US equity futures declined, with the S&P 500 falling 0.4% and Nasdaq-100 futures dropping 1% as investors unwind positions in the AI trade. • The downturn follows a sharp selloff in semiconductor stocks on Thursday, disrupting a strong momentum in tech-driven growth. • This volatility puts the S&P 500 at risk of missing a historic milestone of 10 consecutive weeks of gains.