KR Edition · KST 07:40
Daily Briefing
Every morning, last night's market in a 10-minute read
Briefing Archive
Jul 28, 2026 · KR Edition · KST 07:40Latest
US-Iran Truce Holds as Oil Plunges, CXMT Rally Contrasts Chip Selloff, Apple Reclaims Top Market Cap
- ▸The U.S.-Iran pause in hostilities continued to hold, sending oil prices sharply lower (Brent fell below $90) and Treasury yields down; the IMF warned that oil markets have depleted all three of their "shock absorbers." U.S. stocks closed mixed, with the Dow up 0.51%.
- ▸Chinese memory-chip maker CXMT surged about 470% in its Shanghai market debut, becoming China's most valuable listed company, while ASML and other U.S. chip stocks sank on a report of a Chinese breakthrough in DUV lithography technology.
Jul 27, 2026 · KR Edition · KST 07:40
Middle East Risk Flares Again, Mixed AI-Spending Signals, Markets Await FOMC
- ▸Ukraine's strike on Iranian vessels reignited Middle East escalation concerns; US jet fuel costs surged as a result.
- ▸Google spent $490M/day on AI and posted its first negative cash-flow quarter ($5.9B burned) since going public, contrasting with $950B in new agreements signed at the Korea-US AI summit.
Jul 25, 2026 · KR Edition · KST 07:40
Trump's EU tariff threat, rising Treasury yields, SpaceX Starship relaunch
- ▸Trump threatens the EU with a 'substantial tariff' over fines against Google and other US tech firms.
- ▸Rising US Treasury yields are feeding through to mortgage and other consumer borrowing rates.
Jul 24, 2026 · KR Edition · KST 07:40
Big Tech's $890B selloff, Fed hike odds resurface, new US tariffs take effect
- ▸Big Tech loses $890B in market cap on runaway AI-spending worries.
- ▸Tariff-driven inflation concerns put a Fed rate hike back on the table.
Jul 23, 2026 · KR Edition · KST 07:40
AI ETF inflows persist despite weak earnings, Brent crude retakes $100
- ▸JPMorgan: AI-themed ETFs see sharp inflows even as underlying earnings disappoint.
- ▸Brent crude jumps over 6% in a day, back above $100 on Middle East escalation fears.