Consultancy Sullivan’s 2025 China Full-Stack AI Cloud Services report projects China’s IaaS, PaaS and MaaS market at 59.59 bln yuan in 2025; Alibaba Cloud revenue is estimated at 23.9 bln yuan, implying a 40.1% market share.

TF International Securities analyst Ming‑Chi Kuo says his supply‑chain survey shows foldable iPhone assembly shipments of about 7–8 million in H2 2026, with Q3 shipments of 0.5–1.0 million (around 10% of H2). By contrast, iPhone 18 Pro/Pro Max are estimated at about 20–22 million in Q3 and are already stocked for a September retail launch. Kuo says, based on Q3 stocking, the foldable model is likely to mirror the 2017 iPhone X pattern — announced with other models but opening pre‑orders and official sales later — and expects supply tightness to persist through year‑end.

WTI crude down over 1.0% intraday at $68.40/bbl.