Morning News: July 7, 2026

China’s ICBM Tests Point to New Normal Rattling the Pacific

Iranian Strikes on Ships Test Cease-Fire and Threaten Energy Flows in Gulf

The Iran War Has Oil-Rich Alaska Freaked Out About $9 Gas

Jet-Fuel Prices Have Plunged but Aren’t Resulting in Much Lower Fares

Foreign Investment Rises, But Developing Countries Squeezed By AI Focus, Says UN

Abu Dhabi Ruler’s Family Office Is a Global Dealmaking Force

China’s PBOC Buys Most Gold Since 2023 as Bullion Swings

Bank of England Sees Growing Risks to Financial Stability from AI

The Fed’s Independence Is Unfinished Business

Private Equity for Everyone Is Getting Out of Hand

In the Federal Tax Debate, the Free-Market Side Is Being Played

You Can’t ‘Un-Break’ a Company, So Don’t Enforce Speedy Antitrust

Democratic Lawmakers Probe Lutnick’s Possible Ties to Cantor Fitzgerald Deal

Trump’s $40 Billion Travel Slump

Your Investing Expectations Are More Than Double the Reality. Here Is the Tough Truth

To Keep the Regulators at Bay, We Need Market-Driven Investment Trading Insurance

Trading Surge, Helped by Spacex IPO, Seen Lifting Wall St Banks’ Second-Quarter Earnings

Why Index Funds Haven’t Boosted SpaceX

Zuckerberg and Musk’s AI Failure Club Has Its Perks

AI Legal Startup Norm Valued at $1.2 Billion in Funding Round

AI Won’t Bring Back Era of Rapid Growth, Says Nobel Prize Winner

Which Companies Actually Use AI? A New Index Has Answers

Chinese Firms Leave Nvidia for Local AI Suppliers

Chinese AI Startup DeepSeek Developing Own AI Chip

Samsung Made More Profit Last Quarter Than the Last Two Years Combined

Finland Shows the Trust Barrier Facing Chinese EV Makers in the West

Toyota Investing $3.6 Billion In Texas Plant, Moving Most Tacoma Pickup Production from Mexico

Geothermal Startup Raises $144 Million to Drill Superhot Rocks

It’s Alarmingly Easy to Get Obesity Drugs Online

Almost $1 Billion Later, the US Still Can’t Make a Medical Glove

Walmart Lowers Prices on Thousands of Items, Including Beef and Coca-Cola

Why Are Berries Everywhere, in Every Season? Driscoll’s

Michaels Crafts an Unlikely Comeback Under Apollo

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Posted by Eddy Elfenbein on July 7th, 2026 at 7:08 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.