Gold's rally to record high could crimp demand: Russell

Tradingkey - Intel (INTC) announced Thursday that it has officially upgraded its multi-year strategic partnership with Google Cloud, a subsidiary of Google (GOOGL), to fully implement Google Cloud’s Gemini Enterprise model across Intel’s internal systems. The deployment covers two major areas—enterprise-wide office productivity and core chip R&D—to accelerate the semiconductor giant's end-to-end digital transformation. Under the agreement, Intel will roll out generative AI capabilities to its global workforce, optimizing the efficiency and scale of traditional workflows such as engineering, supply chain, and corporate operations. Simultaneously, by leveraging Google Cloud’s scalable infrastructure to upgrade its semiconductor R&D environment, Intel aims to compress chip design cycles through customized agent workflows and strengthen cross-departmental collaboration.

Tradingkey - On July 15 ET, the three major U.S. stock indices diverged. The Dow Jones rose independently, while the S&P 500 and the Nasdaq Composite Index retreated. The Philadelphia Semiconductor Index tumbled more than 4%, with all 30 constituents declining across the board. At the time of publication, the Dow Jones Industrial Average was up 0.17% at 52,745.56; the Nasdaq Composite Index fell 0.84% to 26,048.62; and the S&P 500 Index dropped 0.23% to 7,554.93.

TradingKey - Micron Technology (MU) has officially expanded its core AI memory strategy from data centers to the intelligent connected vehicle sector. By signing long-term strategic customer agreements with Qualcomm, Hyundai, and several leading automotive technology suppliers, the company has secured downstream demand for high-end automotive memory and completed its full-scenario AI memory business portfolio. As the automotive industry accelerates its transition toward software-defined vehicles (SDV), the continuous iteration of in-vehicle infotainment (IVI), advanced driver assistance systems (ADAS), and high-level intelligent vehicle features is driving rapid growth in demand for advanced memory performance and capacity. Consequently, long-term supply stability and predictability have become core requirements for automakers and the supply chain.

TradingKey - Citigroup reported Q2 2026 EPS of $3.15 on $24.8 billion in revenue, comfortably beating estimates. However, shares fell after management maintained its profitability target while increasing investment spending. Here's what it means for Citigroup stock.

Tradingkey - On July 16, spot gold prices declined as US Treasury yields climbed and oil prices resumed their rally amid escalating tensions between the US and Iran. Following a US strike against Iran in retaliation for attacks on merchant ships in the Strait of Hormuz, the armed conflict has intensified. Iran responded forcefully, warning that it would close the Bab el-Mandeb Strait if the US attacks its power infrastructure. In an interview on Tuesday night, Trump reportedly stated that the US military would launch strikes on Iran's critical infrastructure next week if no diplomatic breakthrough is achieved.