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India's industrial output rose 5.1% year-on-year in May, compared with market expectations of 4.5%.

2026-06-29

India's industrial output rose 5.1% year-on-year in May, compared with market expectations of 4.5%.

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2026-06-29

China International Capital Co said the AI rally is showing signs of diffusion and market repricing is shifting toward upstream picks‑and‑shovels suppliers. A‑shares have delivered a pronounced structural rally YTD: ChiNext and STAR 50 are up 30.9% a

China International Capital Co said the AI rally is showing signs of diffusion and market repricing is shifting toward upstream picks‑and‑shovels suppliers. A‑shares have delivered a pronounced structural rally YTD: ChiNext and STAR 50 are up 30.9% and 51.2%, with AI as the core theme. Since Q2 AI-sector volatility has increased; previously leading semiconductors, optical modules and PCBs face Historically high trade crowding, and recent flows are moving into less crowded upstream materials and infrastructure — notably minor metals, electronic fabrics and optical fiber. CICC judges that with the AI trend intact, the market is more likely to display style diffusion than a systemic style rotation, making select upstream sub-sectors the current focus.
2026-06-29

Melius Research initiates coverage of Western Digital (WDC.O) with a "Buy" rating and a target price of $105.

Melius Research initiates coverage of Western Digital (WDC.O) with a "Buy" rating and a target price of $105.
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