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Starbucks (SBUX.O) is using artificial intelligence to reduce its reliance on software from Microsoft (MSFT.O) and IBM (IBM.N).
Fitch: Germany's reform push is positive but not transformative.
Qatar Foreign Ministry: The Prime Minister received a call from the UAE Foreign Minister to discuss developing tensions between the United States and Iran.
British Secretary of State for the Middle East: Our first priority now is to ensure free passage through the Strait of Hormuz without any threats.
European Commission President Ursula von der Leyen: Today we launch a new sanctions mechanism targeting migrant smugglers and traffickers.
Citigroup: Lowered Netflix (NFLX.O) price target to $100 from $115.
British Secretary of State for the Middle East: Iran's attacks on our partners in the Gulf region are a serious escalation and a flagrant violation of international law.
The acting governor of Russia's Bryansk region reported that the Ukrainian armed forces used "Haimas" rocket launchers to shell a village in the Starodubsky district of the state, killing one civilian.
According to Reuters: Russian President Vladimir Putin has refused to engage in peace talks amid Ukraine attacks on Russian territory, sources said. Putin may escalate war in Ukraine.
Experts point out that even if the United States launches the latest round of attacks, Iran may still have the ability to threaten shipping security in the Strait of Hormuz, the world's most important energy transportation channel. "This ceasefire agreement is inherently unsustainable because the Iranian government that signed the agreement has no jurisdiction over the Iranian Revolutionary Guard Corps (IRGC)," said Carl Schuster, former director of the Joint Intelligence Center at U.S. Pacific Command. The Revolutionary Guards are Iran's elite force, completely independent of conventional armed forces. They control the country's missile arsenal, It shoulders the mission of safeguarding the achievements of the Islamic Revolution. The force answers only to Iran’s supreme leader and has shown little interest in striking a deal with Washington — at least one that’s acceptable to President Trump.
Iraqi Prime Minister: Will announce the establishment of political cooperation and economic partnership with the United States.
Iraqi Prime Minister's Office: The Iraqi Prime Minister said that Iraq will not withdraw from OPEC but seeks fair production quotas.
Russian Foreign Ministry: Moscow will respond to the expulsion of two military attaches from the embassy in Rome.
JPMorgan Chase: Lowered Exxon Mobil’s target price from $173 to $158.
Kremlin: (On the U.S. authorization for Ukraine to produce Patriot missiles): We know that the United States is providing weapons to Ukraine, we have no unrealistic illusions about this, and this authorization is new information for us.
Kremlin: (on Trump and Rubio’s suggestion that Ukraine attacks on Russian refineries could help end the conflict) We believe there is a misunderstanding on the part of the White House.
Southbound funds made a substantial net purchase of 9.83 billion yuan today. In terms of Southbound Connect (Shanghai), Zhipu and Huahong Grace received net purchases of HK$2.787 billion and HK$1.001 billion respectively; Tract Fund ranked first in net sales, with an amount of HK$2.313 billion; in Southbound Connect (Shenzhen), Zhipu and Alibaba-W received net purchases of HK$2.788 billion and HK$1.499 billion respectively; Tencent Holdings ranked first in net sales, with an amount of HK$628 million.
Kremlin: There is a certain duality in the US position. They sometimes make mistakes but still insist on helping to find peaceful solutions.
Kremlin: We have no illusions about the US licensing Ukraine to produce Patriot missiles.
Bain Capital executives said that although Kioxia may have become one of Japan's most valuable companies under the AI wave, the Korean chip giant still has a structural advantage. Yuji Sugimoto, head of Bain Capital Japan, said: "The reason why Korean companies have been able to achieve such success in the semiconductor industry is because of the strong top-down leadership model and ownership structure of chaebol groups such as Samsung and SK." He added: "In the semiconductor industry, if you cannot sustain investment, you will fall behind and eventually be eliminated. I think that for large Japanese companies, It is very difficult to manage such a long-term investment business under the existing governance structure. "Sugimoto led Bain's acquisition of Toshiba's storage business. The business was spun off from Toshiba in 2017 and acquired by a consortium led by Bain for approximately 2 trillion yen in 2018, and was subsequently renamed Kioxia in 2019. Sugimoto said It is said that if Kioxia continues to remain under Toshiba, the company will not be able to complete its current transformation. Since its listing in December 2024, Bain Capital has withdrawn from its investment in Kioxia.