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• Micron and Ford Motor Company announced a long-term Strategic Customer Agreement for automotive memory and storage supply.
• WTI crude traded near $68.5 a barrel while Brent held below $72, both close to their lowest levels since late February.
• Gasoline has gained about 3.33 percent over the past week despite a monthly decline of 2.37 percent.
• OPEC+ approved another 188,000 barrel per day quota increase for August.
• Weekly storage injections reached 87 billion cubic feet, above market expectations.
• Thermal coal futures fell below $130 per ton, returning to levels last seen before the Middle East conflict.
Shares of Dell Technologies (NYSE: DELL) surged more than 8% on Monday, adding approximately $22 billion in market capitalisation in a single session, after President Donald Trump publicly endorsed the company for the second time in 2026. Speaking at the first-ever White House opening …
Investor sentiment in the energy market is rapidly shifting, and the fund flow data tells a stark story. Energy funds posted $3.2 billion in outflows in the week ending July 1st, marking the largest weekly withdrawal since July 2024. To put that figure in …
Nvidia CEO Jensen Huang has offered a reframing of how to think about the artificial intelligence industry that goes well beyond the model-centric narrative dominating most public discussion. "AI is not just a model. AI is really a five layer cake to think about …
• Microsoft (NASDAQ:MSFT) is cutting 4,800 jobs, approximately 2.1 percent of its workforce, in its latest round of AI-era cost reductions.
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