Commander of Ukraine's drone forces said Ukrainian drones struck two Russian "shadow fleet" oil tankers in the Sea of Azov.

July 7 — China’s National Radio Office convened a nationwide 2026 radio-management priorities meeting in Hefei. Framed within the 15th Five-Year Plan period, the office directed regulators to strengthen electromagnetic-space security risk prevention and response, improve spectrum allocation, development and utilization efficiency and effectiveness, deepen international exchanges and cooperation, and accelerate enhancement of radio-management capabilities.

Samsung posted record profit and profit rose sharply YoY, yet its shares fell—a sign the market is shifting to a high-expectations regime rather than rejecting the results. Under the AI and semiconductor cycle, investors increasingly trade on the gap between results and elevated expectations; strong growth that is already priced can become a sell-the-news trigger. The surprise-versus-expectation dynamic is supplanting raw earnings as the primary pricing variable. Volatility in South Korean equities and pressure on Nasdaq futures show this higher bar is spilling across the tech sector. Short term: valuation repricing. Longer term: if investors persistently raise required returns, financing conditions for AI infrastructure, semiconductors and other tech capex could tighten.