Asian markets saw gains as oil prices fell following a tentative US-Iran ceasefire extension. This development eased concerns about energy flow disruptions. Optimism surrounding artificial intelligence also boosted stock markets. However, rising inflation and a cooling economy present challenges for investors. The Federal Reserve’s flexibility is limited by persistent price pressures, impacting interest rate decisions.
Jane Street, TSMC-linked AI startup Etched raises $800 million
AI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a firm linked to
July 1, 2026