Headlines
•Kioxia shares untraded on buy-order glut after AI-driven profit surge — Kioxia (Toshiba) shares untraded with buy orders overwhelming supply after profit surge and outlook
•Intel stock down 6.2% in past day but up 58.8% over past month — Mixed fundamental signals and volatile month
•California unveils $1 billion EV rebate program that could boost Tesla Semi sales — Governor Newsom announces $1 billion EV incentive program
•AI debt now 15% of corporate bond market, creating new concentration risk — AI-related debt reaches 15% of corporate bond market, mirroring Magnificent Seven concentration in S&P 500
•Jury deliberations begin in Musk v. OpenAI trial — outcome could reshape OpenAI's governance and Microsoft's partnership terms
•Kuwait hires 3 Pentagon contractors for $2.5B defense system amid Iran war fallout — Lockheed Martin, Northrop Grumman, RTX named
•Fresh drone attacks in Gulf push oil prices higher, bond yields rise — Asia shares slip