Saudi, UAE Encourage Trump to Continue War Until Iran Faces Decisive Defeat

KOSPI, Samsung Soar After 11th-Hour Union Deal Averts Chip Strike; Workers Eye $340k Bonuses South Korea's benchmark KOSPI jumped overnight after Samsung Electronics reached a tentative wage-and-bonus agreement with its main labor union, neutralizing the immediate risk of a paralyzing strike at the world's largest memory-chip producer. The wage-and-bonus deal removes a major supply-chain threat in an already tight memory market, where AI data center buildouts have driven surging demand, soaring prices, and heightened procurement risk across global semiconductor supply chains. Samsung Electronics' shares surged after it clinched an 11th-hour deal with...

While the military offensives against Lebanon continue apace, Israeli officials are claiming large but increasingly non-credible numbers of Hezbollah among the slain in their war, with officials saying 200 Hezbollah targets were hit in the past 24 hours, and Army Chief Lt. Gen. Eyal Zamir claiming “over 1,700” Hezbollah slain in the current war. The […]

PG&E Says It Has 12.7 GW In Data Center Pipeline As It Courts Smaller Loads By Emma Penrod of UtilityDive, Pacific Gas and Electric now counts 12.7 GW in its data center pipeline, of which 490 MW of projects have executed interconnection agreements and another 3.9 GW are in final engineering, company officials said Thursday during a second-quarter earnings call. The company’s data center pipeline has fluctuated over the past year, from 7.3 GW at the end of 2025 to 5.4 GW in the first quarter of 2026 as projects dropped...