Fed

SMCI plunges 8.10% as Taiwan raids probe chip smuggling. Valuation under scrutiny amid investigation.

Apple's 5-figure MacBook Pro price hike sparks 1-yr stock low. AI costs bite consumers.

RBA June minutes show the board held rates at 4.35% but stood ready to hike again, citing excess demand and inflation risks, though the meeting predated last week's 10% slide in oil prices.

ING says China's June PMI beat at 50.3 doesn't change its view that a second-quarter slowdown to 4.6% GDP growth is still likely, with weak domestic demand likely to keep pressure on Beijing for further stimulus.

China's factory PMI hits 53.2, beating forecasts on strong tech exports. Growth returns!

RAM prices jump 40-50% in Q3, 30% in Q4 on AI demand. Supply crunch hits Apple, MSFT.

Reuters reports Japan's government appointed Ayano Sato, seen as dovish, to the BOJ board, the second Takaichi appointee after Asada, raising the prospect of two dissenters against future rate hikes.