Al Jazeera reported the Israeli military said the Givati Brigade has completed combat operations in southern Lebanon.

South Korean equities tumbled after Meta’s plan to sell computing capacity raised concerns of AI compute oversupply. The KOSPI fell more than 6%, sliding as much as nearly 7% in early trade on Thursday and briefly triggering a trading halt. SK hynix dropped about 9% and Samsung Electronics fell over 7%. Overnight U.S. peers Micron (MU.O) and SanDisk (SNDK.O) each fell more than 10%. The moves may intensify investor doubts about the sustainability of the chip rally driven by booming AI infrastructure demand; Korea’s major suppliers occupy a central position in that supply chain.

Kunlun Wanwei said on July 2 that Tiangong AI achieved an ARR milestone in Q2 2026: AINative model and product business ARR has exceeded $800 million. The AI short-drama platform business accounts for over $700 million of ARR, while AI tools ARR has passed $100 million. DramaWave has completed an AI-native transformation; more than 80% of newly published content on the platform is now AI-generated.