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Qualcomm (QCOM.O) unveiled the Dragonfly C1000, a data‑center CPU tailored for agent-style AI workloads that prioritizes high compute with low power draw. Qualcomm said Meta Platforms (META.O) will adopt the chip for mass production beginning in 2028

2026-06-25

Qualcomm (QCOM.O) unveiled the Dragonfly C1000, a data‑center CPU tailored for agent-style AI workloads that prioritizes high compute with low power draw. Qualcomm said Meta Platforms (META.O) will adopt the chip for mass production beginning in 2028. The launch underscores Qualcomm's push from smartphone processors and modems into the data‑center market. Qualcomm shares fell more than 5% after the announcement.

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2026-06-25

The PBOC conducted 370.5 bln yuan of 7-day reverse repos today. With 300.0 bln yuan of 1-year MLF and 248.0 bln yuan of 7-day reverse repos maturing, open-market operations resulted in a net liquidity withdrawal of 177.5 bln yuan.

The PBOC conducted 370.5 bln yuan of 7-day reverse repos today. With 300.0 bln yuan of 1-year MLF and 248.0 bln yuan of 7-day reverse repos maturing, open-market operations resulted in a net liquidity withdrawal of 177.5 bln yuan.
2026-06-24

U.S. House Speaker Johnson said House Republicans will draft a reconciliation bill that includes a voter ID provision.

U.S. House Speaker Johnson said House Republicans will draft a reconciliation bill that includes a voter ID provision.
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