The artificial intelligence (AI) boom is driving copper prices to near-record highs, causing the copper content of Japan’s 10-yen coin to exceed its face value. The 10-yen coin is composed of 95% copper, 4% zinc, and 1% tin. Based on Japan’s benchmark copper price, the metal value alone amounts to approximately 10.4 yen. This situation
Over the weekend, the United States and Iran once again offered conflicting statements regarding passage through the Strait of Hormuz. U.S. President Donald Trump issued a fresh warning, stating that if a final agreement with Iran is not reached within 60 days, the United States will impose transit tolls on the Strait of Hormuz. Representatives
US and Iran Dispute Hormuz Tolls as Talks Resume Read More »
①Lee Chan-jin, Governor of the Financial Supervisory Service (FSS) of South Korea, stated at a press conference that the regulator is considering additional measures to stabilize the market, aiming to limit the potential impact of sharp fluctuations in single-stock leveraged ETFs. ②Lee Chan-jin noted, “These are high-risk products, with approximately 92% of holders being retail
According to the latest reports, Chevron has signed a long-term power supply agreement with Microsoft, planning to generate electricity on-site using “surplus natural gas” from the Permian Basin to power Microsoft’s data centers in Texas. The project’s ultimate generating capacity is expected to reach 2.67 gigawatts. This transaction directly links AI computing power, power grid
Chevron, Microsoft Sign 20-Year Gas-Powered Data Center Deal in Texas Read More »
SpaceX shares tumbled more than 10% on Monday, and if the decline holds at the close, it would mark the third consecutive session of losses, signaling a clear cooling of the stock’s initially strong post-IPO rally. Tech giants’ AI investments are increasingly exceeding their free cash flow capacity, with global AI-related bond issuance projected to
SpaceX Stock Plunges Over 10% as AI Debt Issuance Surge Nears $570 Billion Read More »
Micron Technology continued to set fresh record highs on Monday, with its market capitalization surging to $1.33 trillion. In terms of news flow, the company announced a strategic collaboration and supply agreement with Anthropic covering memory and storage solutions, further reinforcing the AI storage narrative. The consecutive record highs have also objectively raised the bar
Micron Hits Record High as AI Memory Demand Surges, Market Cap Reaches $1.33 Trillion Read More »
At the 2026 BIO International Convention, SK Biopharmaceuticals and Insilico Medicine announced a research and development collaboration. The two parties will leverage the Pharma.AI platform to discover, design, and optimize novel drug candidates targeting neuroimmune indications. As of press time, Insilico Medicine’s share price had risen by more than 13%. STAR Market Daily, June 22.
①Goldman Sachs reports that the Middle East conflict has driven up oil and fertilizer prices, potentially exposing Southeast Asia to food supply shocks. ②A strong El Niño event is expected to emerge by late 2026, further intensifying food supply disruptions and raising food inflation across the region. June 22 – Despite the first day of
Southeast Asia Faces Food Supply Shock Risk: Goldman Sachs Read More »
The U.S. Department of the Treasury issued a general license authorizing, through August 21, transactions involving the production, transport, and sale of Iranian-origin crude oil, petrochemical products, and petroleum products. As a result, international oil prices have continued to decline. June 22 — Following the signing of a ceasefire memorandum of understanding between the United
US Treasury Grants Iran Oil Sanctions Waiver Until August 21, Oil Prices Retreat Read More »
In the first quarter of 2026, U.S. data center construction notably slowed, with some projects coming to a standstill, totaling approximately $130 billion in value. Power infrastructure has emerged as a development bottleneck, as data centers push U.S. electricity demand to record highs, exacerbating supply constraints. Vigorous grassroots opposition has become another major obstacle, with
US Data Center Construction Slows in Q1 2026 as $130B in Projects Stalled Read More »
