Weakness in Chipmakers Drags Stock Indexes Lower
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Weakness in Chipmakers Drags Stock Indexes Lower

The S&P 500 Index ($SPX) (SPY) on Wednesday closed down -0.22%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.03%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.54%.  September E-mini S&P futures (ESU26) fell -0.21%, and September E-mini Nasdaq futures (NQU26) fell -1.57%.  Stock indexes settled lower on Wednesday, with the S&P 500 falling from a…

The AI Boom Has a Power Problem
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The AI Boom Has a Power Problem

Most people who got rich in the Gold Rush never mined a day in their lives. The prospectors chased the shiny stuff, and most of them went broke. The ones who built real fortunes sold the picks, the shovels, the pans, and the blue jeans. They didn’t bet on which prospector got lucky. They sold…

Japan’s Biggest LNG Buyer Creates Long-Term LNG and Lower-Carbon Fuels Company
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Japan’s Biggest LNG Buyer Creates Long-Term LNG and Lower-Carbon Fuels Company

Japan’s JERA is creating a wholly-owned subsidiary to develop and manage its LNG, upstream, low-carbon fuels, and shipping businesses, the biggest Japanese LNG importer and largest power producer said on Wednesday. The new company, JERA Global Energy Solutions (JERA GES), will be the Japanese utility giant’s response to increasingly volatile and complex energy markets. JERA…

Crypto Market Nearing a Potential Turning Point as Altcoins Show Signs of Strength
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Crypto Market Nearing a Potential Turning Point as Altcoins Show Signs of Strength

The AI-led rally on Wall Street extended into Asia, with semiconductor stocks driving another leg higher in global equities. Risk-on sentiment remains intact, which could keep stocks in recovery mode and provide a supportive backdrop for digital assets. With the beginning of July, we could see increased volatility as investors await speeches from several major…

FedEx sells supply chain unit to CMA CGM for .4B
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FedEx sells supply chain unit to CMA CGM for $1.4B

France-based container shipping and logistic giant CMA CGM Group has agreed to acquire FedEx Supply Chain, the contract logistics arm of FedEx Corp., for $1.4 billion in enterprise value, the companies announced on Wednesday. The acquisition, expected to close later this year, would nearly triple the size of the North American contract logistics operations of…

Nike flags sales, China weakness amid turnaround efforts
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Nike flags sales, China weakness amid turnaround efforts

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Continued weakness in China, inflationary pressure on consumers and the war in the Middle East contributed to flat sales for sportswear brand Nike in its fourth quarter of 2026, coming as…

Stocks Fall on Weakness in Chipmakers and AI Stocks
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Stocks Fall on Weakness in Chipmakers and AI Stocks

The S&P 500 Index ($SPX) (SPY) today is down -0.47%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.22%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.09%.  September E-mini S&P futures (ESU26) are down -0.40%, and September E-mini Nasdaq futures (NQU26) are down -0.99%.  Stock indexes are under pressure today as chipmakers and AI stocks fall…

Fibre-based food packaging to lead market by 2045: Study
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Fibre-based food packaging to lead market by 2045: Study

Research released by UPM Specialty Materials and Smithers suggests major shifts ahead in food packaging, with fibre-based materials expected to hold the largest share by 2045. The report draws on input from more than 230 packaging professionals across the global value chain and examines the trends expected to influence food packaging over the next two…

Bitcoin and ethereum prices today, Wednesday, July 1: Bitcoin’s worst month since June ’22
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Bitcoin and ethereum prices today, Wednesday, July 1: Bitcoin’s worst month since June ’22

Bitcoin (BTC-USD) opened at $58,549.86 on Wednesday, July 1, 2026, down 2.6% from Tuesday’s open. The price of bitcoin was $58,439.99 as of 8:27 a.m. ET this morning. Ethereum (ETH-USD) opened at $1,569.74 on Wednesday, July 1, 2026, down 2.5% compared to Tuesday’s opening price. Ethereum prices this morning shifted to $1,568.26 as of 8:27…

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