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Rubio Calls Out China's "Coercive Behavior" In West Sea As Japan, South Korea Sign Arctic Pact
Rubio Calls Out China's "Coercive Behavior" In West Sea As Japan, South Korea Sign Arctic Pact
Secretary of State Marco Rubio raised concerns about China's efforts to assert control over the South China Sea, its "coercive behavior" in the East China Sea and Yellow Sea, and Russia-China cooperation that undermines peace and stability in the Indo-Pacific region, according to a State Department readout released Friday.The meeting took place on the sidelines of the G20 in Atlanta on Friday, where Rubio and his counterparts discussed strengthening security and economic cooperation across...
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Aug 17, 2026 / Tyler Durden
CXMT Becomes China's Most Valuable Company As UBS Calls Apple Sourcing Report A "Key Catalyst"
CXMT Becomes China's Most Valuable Company As UBS Calls Apple Sourcing Report A "Key Catalyst"
Shares of ChangXin Memory Technologies (CXMT), China's top DRAM maker, surged 12% to a record 61.80 yuan on Monday, lifting its market capitalization to 4.13 trillion yuan. The upside is because reports that Apple is considering using CXMT memory chips, alongside continued momentum across chip stocks following last week's gains in SanDisk and Micron.
UBS analyst Jason Milao, who covers CXMT (now China's most valuable company) with a "Buy" rating and a 70 yuan price target, wrote...
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Jul 15, 2026 / Tyler Durden
Iraqi Militia Vows To Disrupt Any Future Iraq-Syria Oil Pipeline: US 'Stealing Our Oil'
Iraqi Militia Vows To Disrupt Any Future Iraq-Syria Oil Pipeline: US 'Stealing Our Oil'
Via The Cradle
US and Iraqi officials are set to conclude a major energy deal as part of Prime Minister Ali al-Zaidi’s visit to Washington this week, according to Iraqi officials cited by AP Wednesday.
"An agreement is slated to be signed Friday between Iraq, US companies Chevron and TI Capital, and Qatar’s UCC for construction of an oil pipeline that will connect southern Iraq’s Basra to western Iraq’s Haditha," the officials said.
via Reuters
The pipeline is meant to extend from Haditha...
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Jun 8, 2026 / Tyler Durden
Apple's Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC
Apple's Long-Awaited AI Siri Fails To Impress As Shares Pump Then Dump During WWDC
Summary:
Market Reaction: Buy the rumor, Sell the news
Apple Reveals Long-Awaited AI Siri
CEO Tim Cook gives his final WWDC keynote speech
Goldman And UBS Preview Apple's WWDC: AI Siri Takes Center Stage
Apple CEO Tim Cook opened WWDC26 with a keynote on artificial intelligence, software updates, and developer tools across the company's ecosystem.
WWDC26 presentation centered on a broad rollout of Apple Intelligence features across its ecosystem, with the tech giant previewing a more conversational Siri, a dedicated Siri app,...
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