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White House official: Trump will allow the housing bill to become law.

2026-07-10

White House official: Trump will allow the housing bill to become law.

Other News
2026-07-10

Fujian meteorological observatory forecasts 10–11 July maximum winds of 11–14 and gusts of 14–16 across offshore and northern-central coastal waters, prompting major marine disruptions. As of 11:00 on July 10, 66 coastal passenger ferry routes and 13

Fujian meteorological observatory forecasts 10–11 July maximum winds of 11–14 and gusts of 14–16 across offshore and northern-central coastal waters, prompting major marine disruptions. As of 11:00 on July 10, 66 coastal passenger ferry routes and 139 passenger vessels in Fujian are suspended, including four cross-strait "mini three links" routes and high-traffic services to Putian Meizhou Island and Fuzhou's Minjiang tours. All 110 under-construction water-engineering projects and 14 offshore wind farms in the affected area have been fully suspended.
2026-07-10

UBS says AI-driven demand and ongoing long-term supply agreement talks are strengthening the storage-chip cycle and that a structural supply shortfall will persist at least through mid-2028. UBS forecasts total storage-chip industry revenue of $992 b

UBS says AI-driven demand and ongoing long-term supply agreement talks are strengthening the storage-chip cycle and that a structural supply shortfall will persist at least through mid-2028. UBS forecasts total storage-chip industry revenue of $992 bln in 2026, rising to $1.76 tln in 2027. The growth driver is high-bandwidth memory (HBM), a DRAM used in AI accelerators such as NVIDIA GPUs; UBS projects HBM demand up 90% YoY in 2026 to about 33.1 bln Gb and up a further 77% in 2027 to about 58.7 bln Gb.
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