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• RAEK has announced a strategic partnership with Termly, a data privacy compliance platform serving businesses across global privacy regimes.
• Anthropic has reportedly begun early-stage development of a custom AI chip and held preliminary talks with Samsung Electronics on manufacturing.
• SoftBank is establishing SB Neo, a new US company offering AI compute services, with SoftBank Corp. holding 51 percent and SoftBank Group holding 49 percent.
• The Materials Select Sector SPDR ETF has risen 23 percent over three years, lagging the S&P 500 by approximately 45 percentage points.
• The total US oil and gas rig count rose by 7 to 580 for the week ending July 2, its highest level since May 2025.
• Gold prices reclaimed the psychologically significant $4,000 per ounce level on COMEX.
• The company finalized a financial agreement with the Mongolian government over the $18 billion Oyu Tolgoi copper project.
• The stock benefited from its late-June addition to multiple Russell value indices.
• Adobe (NASDAQ:ADBE) acquired Topaz Labs to add image and video enhancement technology to its Firefly AI ecosystem.
• Tesla (NASDAQ:TSLA) launched the Model Y L, a three-row, six-seat variant of its best-selling SUV, in the US and Puerto Rico.
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