Ark Invest increased its holdings in Bullish stock by 21,497 shares yesterday. According to Foresight News, the purchase was reported based on data from Ark Invest Tracker and was made by Cathie Wood’s Ark Invest.

OpenAI, Anthropic, and Google are offering startups computing resources worth hundreds of thousands of dollars, along with other incentives, to attract new enterprise customers. According to Jin10, The Wall Street Journal cited people familiar with the matter as saying the companies are using these offers as part of their efforts to compete for corporate clients.

Shares of Hanwha Ocean fell more than 20% Tuesday morning after Canada selected a German bid to replace its aging submarine fleet over the South Korean shipbuilder’s proposal, according to Bloomberg.

China Galaxy Securities said cement demand in June was seasonally weak due to factors including high temperatures and the plum-rain season, according to Jiemian News. The brokerage noted regional differences in clinker kiln shutdowns, and said companies accelerated capacity controls as the off-season began, pushing clinker inventory capacity utilization lower. Driven by cost pressures, producers in various regions attempted to raise cement prices in June, lifting the national average cement price slightly from the previous month. Looking ahead, China Galaxy Securities expects July’s off-season demand to provide insufficient support for prices, with the marginal impact of staggered production controls weakening and cost-side support easing, leaving cement prices running weak at low levels in July.

China Galaxy Securities said electronic fiberglass yarn prices have been raised on a monthly basis, while the overall roving market has stabilized, according to Jiemian News. For roving, supply increased in some regions in June but had limited impact nationwide; companies’ product-mix adjustments kept inventory pressure manageable, while rigid demand was average and overall demand support remained weak. With no major supply-demand swings, roving producers largely kept June quotations steady. The brokerage expects social inventories to stay low, with downstream processors replenishing mainly based on orders; however, with no clear supply cuts, roving prices may come under pressure. For electronic yarn, prices for electronic yarn/fabric rose again in early June. Supply increased slightly, but downstream copper-clad laminate (CCL) orders grew further, keeping the market in a supply-short condition. The report said electronic yarn/fabric prices were raised again in early July, and producers are currently at zero inventory, suggesting further upside potential as tight supply-demand conditions persist.

CITIC Securities said market concerns over China’s electrolytic aluminum overproduction and a ramp-up in Indonesia’s electrolytic aluminum capacity may have already been overly priced in, according to Jiemian News. Citing potential supply disruptions and signs of improving demand, the brokerage said aluminum prices remain attractive in 2026 and the first half of 2027. It added that from the second half of 2027 onward, aluminum prices should still have support from a $3,000-per-ton cost curve and incentive price level. CITIC Securities also said Chinese-funded aluminum producers remain worth watching for investment opportunities.

The U.S. Securities and Exchange Commission (SEC) on July 6 appointed Paul Knight as the agency’s chief operating officer, according to Jiemian News. Knight will oversee the SEC’s operations and administrative functions, including human resources, financial management, procurement, the EDGAR program, and the offices of the chief data officer and chief risk officer.

U.S. Treasury yields fell and yield spreads were mixed, while the Nasdaq Golden Dragon China Index and U.S. stocks rose; the Dow Jones Industrial Average set new intraday and closing highs and the Dow and S&P 500 extended gains for a second straight session, according to Ming Pao. U.S. data showed the pace of services-sector expansion slowed in June, but hiring activity accelerated. SK hynix’s U.S. IPO was reportedly oversubscribed. Saudi Aramco sharply cut its key crude oil selling prices for Asia. Hedge funds’ bearish positioning on the Japanese yen rose to the highest level since 2007.

CoinMarketCap's Crypto Fear & Greed Index rose to 28, moving market sentiment from Extreme Fear into Fear. According to NS3.AI, the index uses a zero-to-100 scale to gauge overall sentiment in the cryptocurrency market.

Polymarket team member Mustafa Aljadery posted on X seeking talent to design a tokenomics model. According to Odaily, Aljadery asked who is best in the world at building tokenomics models and requested that interested people send him a direct message.

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Japanese police arrested a 15-year-old student accused of using ChatGPT-assisted code to launch a cyberattack that cancelled 46,812 Bandai Channel subscriptions. The teenager allegedly exploited a system vulnerability, changed his IP address multiple times to evade security measures, and accessed user account information.