SK Hynix seeks to attract more AI investors via its US listing.

According to data from Ultrasound.money, Ethereum's net supply has increased by 83,550 ETH over the past 30 days, bringing its total supply to 121,838,278 ETH, with the current annual supply growth rate standing at 0.835%.

The Kobeissi Letter stated in a post that the AI spending boom is reshaping the U.S. economy. AI capital expenditures by Alphabet, Amazon, Meta, Microsoft, and Oracle are projected to rise to roughly 3.2% of U.S. GDP by 2027. If the forecast holds, annual AI capital spending will for the first time exceed U.S. defense outlays, which are expected to account for around 2.7% of GDP next year. For this year alone, the group’s AI capital spending is forecast to jump from 1.5% of GDP in 2025 to roughly 2.5%, nearly matching the 2.7% share of GDP allocated to defense spending. The five firms’ combined AI capital expenditures are projected to top $800 billion in 2026, then climb to a record $1.1 trillion in 2027. These figures are "staggering".

Due to the U.S. Independence Day holiday (July 3), U.S. stock markets were closed last Friday, paired with the regular weekend closure. "On-chain Nasdaq" Trade.xyz enables continuous trading and real-time price discovery unavailable in traditional finance via perpetual contracts, pricing in advance for Monday’s U.S. and South Korean stock sessions. Top U.S. stock tickers on Trade.xyz showed mixed moves compared to Thursday’s after-hours trading, and are expected to consolidate with minor fluctuations ahead of Monday’s pre-market. Weekend performance details: Micron (MU) is currently at $1038.71, versus $976.63 in U.S. Thursday after-hours trading; SanDisk (SNDK) at $1856.65, versus $1762.011 Thursday after-hours; NVIDIA at $197.83, versus $194.44 Thursday after-hours; Intel at $124.2, versus $121 Thursday after-hours; Google at $360.06, versus $359.91 Thursday after-hours; AMD at $537.34, versus $519.5 Thursday after-hours; SpaceX at $161.27, versus $160.95 Thursday after-hours. For top South Korean stock tickers on Trade.xyz, their weekend performance is as follows: Samsung Electronics is currently at $210.49, versus $202.35 at Friday’s close; SK Hynix is at $1623.16, versus $1585 at Friday’s close.

TF International Securities analyst Ming-Chi Kuo stated in a note that the foldable iPhone could repeat the iPhone X playbook: it will be unveiled alongside other models, but pre-orders and official launch will be delayed, and supply shortages may persist through the end of 2026. Based on third-quarter 2026 production volumes, the foldable iPhone is likely to mirror the 2017 iPhone X. That year, the iPhone X was unveiled alongside the iPhone 8 and 8 Plus on September 12, but due to insufficient stock, pre-orders were pushed back to October 27 and official sales to November 3. Given the foldable iPhone’s limited third-quarter shipments, it may also open pre-orders and official sales only in the fourth quarter of 2026. After discussions with telecom operators, sales channels, and resellers/parallel import agents, Kuo concluded that even if the foldable iPhone is priced at roughly $2,300 to $2,500, demand will remain strong at least through the end of 2026. This means the device could sell out rapidly once pre-orders open, with shipment wait times potentially jumping to 4 to 6 weeks or longer, extending into December. He added that the foldable iPhone’s initial limited supply, distinct design, and innovative user experience could drive up short-term resale prices, with resale prices 50% to 100% higher than the official retail price not being out of the question.

George Goncalves, Head of US Macro Strategy at MUFG Securities Americas, noted that Waller’s concise communication style makes the June Federal Open Market Committee (FOMC) meeting minutes carry more weight than usual, offering valuable insight into the differing stances among Fed officials. “The meeting minutes will become even more important because, up to now, we don’t know what the Fed is thinking,” Goncalves said. “It will be very instructive to see how they debate and what they prioritize.” He added that some investors have questioned Waller’s “hands-off” approach, with many calling for a return to greater transparency. Many market participants are unaccustomed to reduced information flow, and there remains considerable skepticism over how long the Fed can maintain this stance. For now, we can only read between the lines. (Source: Jinshi)

In a research note, Serenity pointed out that high-power cylindrical batteries and BBU (battery backup unit) cells are currently facing shortages, emerging as a potential bottleneck. Samsung SDI supplies cells to Simplo, which then assembles them into BBUs for delivery to clients including Meta and Amazon. Driven by growing data center demand, Samsung SDI’s cylindrical battery production has risen sharply. Citing industry sources, Serenity added that Panasonic and Samsung SDI are grappling with BBU cell supply shortages. The firm noted that key beneficiaries could include Samsung SDI, Panasonic Energy, Murata Manufacturing, and LG Energy Solution, with Samsung SDI and Panasonic Energy being more direct beneficiaries. It also mentioned that there are few U.S.-listed stocks directly tied to this segment, but investors can monitor names such as Vertiv (VRT) and Eaton (ETN). However, not all supply shortages should be equated to massive total addressable market (TAM) opportunities, though there may be pockets of opportunity in this space.