ASML jumps over 7% after hiking sales forecast for second time this year on strong AI chip demand

ASML jumps over 7% after hiking sales forecast for second time this year on strong AI chip demand

ASML on Wednesday raised its guidance for the second time this year and reported stronger-than-expected quarterly results as its customers continue to ramp up production of AI chips. The Dutch semiconductor-equipment maker said it now expects full-year sales to come in between 43 billion euros ($49 billion) and 45 billion euros, and a gross margin…

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Oil jumps 3% as U.S.-Iran ceasefire fractures; Trump's Hormuz toll plans reignite supply fears

Oil jumps 3% as U.S.-Iran ceasefire fractures; Trump's Hormuz toll plans reignite supply fears

APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz and reinstate a blockade of Iranian ports, raising concerns over potential disruptions to global crude supplies.  U.S. West Texas Intermediate futures…

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U.S. launches airstrikes against Iran after Tehran attacks container ship in Hormuz, Pentagon says

U.S. launches airstrikes against Iran after Tehran attacks container ship in Hormuz, Pentagon says

President Donald Trump ordered renewed airstrikes against Iran on Saturday after the Islamic Revolutionary Guard Corps attacked a commercial ship transiting the Strait of Hormuz, the U.S. military said in a statement. The M/V GFS Galaxy, a container ship sailing under the flag of Cyprus, is unable to continue its journey after the Iranian attack…

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Trump threatens to 'decimate' Iran if it tries to kill him, as Treasury sanctions alleged Iranian financier

Trump threatens to 'decimate' Iran if it tries to kill him, as Treasury sanctions alleged Iranian financier

Donald Trump, President of the United States, speaks during a press conference at the NATO Summit at the Presidential Complex in Ankara, Turkiye, on July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images President Donald Trump threatened to “decimate and destroy” Iran if Tehran acts on threats to…

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