A British official said King Charles will not reside at Buckingham Palace after renovation work completes next year.

Capital.com senior market analyst Daniela Hathorn said Micron’s results reaffirm the AI investment cycle, have helped U.S. equities recover some losses and have improved semiconductor-sector sentiment; investors will likely tolerate short-term volatility so long as the earnings outlook continues to justify elevated valuations.

SK Hynix expects to issue ADRs on Nasdaq on July 10, targeting nearly $30 bln in proceeds in what could be one of the largest ADR offerings on record. Market participants say the deal should broaden its global investor base and could trigger a valuation re-rating; several asset managers see roughly 30% upside over the next year if SK Hynix trades at multiples comparable to Micron. A fund manager said SK Hynix should at least trade in line with Micron given forecasts that memory demand will outstrip supply for several years. The listing comes amid an unusually strong memory cycle: Micron, SK Hynix and Samsung shares are up over 200% YTD, with AI server demand for HBM cited as the chief structural driver.