Galaxy Digital delivered 133 megawatts of critical IT load to CoreWeave under a 15-year lease agreement. According to NS3.AI, rent for the Phase I lease began in the second quarter of 2026. The report said CoreWeave has committed to a total of 526 megawatts across Phases I through III at Helios.

Iran's Islamic Revolutionary Guards Corps took action against an oil tanker in waters on the Oman side of the Strait of Hormuz on the 7th, according to Iranian sources. According to Jin10, the report said that satellite monitoring data showed U.S. military air power was providing aerial cover in the surrounding waters when the tanker was intercepted.

Philippine Airlines is preparing to sign formal agreements for aircraft purchases, according to market sources. According to Jin10, the carrier is preparing a formal agreement with Boeing for about 10 787 aircraft and an agreement with Airbus for about 10 A350 aircraft.

Brazil’s antitrust regulator approved a deal between OpenAI and Amazon. According to Jin10, the approval was granted by Brazil’s antitrust authority.

China Resources New Energy Holding Co., Ltd. (001248.SZ) fell more than 38.63% from its intraday high on its July 2 listing debut, after closing at 18.51 yuan on July 7, up 0.76% on the day, according to Jiemian News. The stock hit an intraday low of 16.66 yuan on July 7. The company’s market capitalization stood at 240.7 billion yuan at the close, down by more than 70 billion yuan over four trading days. On July 2, the shares surged as much as 198% intraday, triggering Shenzhen Stock Exchange temporary trading curbs, and ended the day up 136.89% at 23.95 yuan, valuing the company at 311.5 billion yuan. The stock then retreated, falling 8.06% on July 3 and 16.58% on July 6. A fund analyst cited by Jiemian attributed the “surge then drop” pattern to short-term speculation around themes such as a central state-owned enterprise spinoff and a mega IPO, and said valuation premiums were pressuring the stock. As of July 7, the company traded at 2.04x price-to-book and 37.22x trailing P/E, versus peers China Three Gorges Renewables (600905.SH) at 1.19x and 25.7x, Longyuan Power (001289.SZ) at 1.72x and 20.2x, and Huadian New Energy (600930.SH) at 1.81x and 23.9x. China Resources New Energy, founded in August 2010, is a wholly owned subsidiary of Hong Kong-listed China Resources Power (00836.HK). Its IPO raised 24.5 billion yuan, the largest on the Shenzhen exchange, and the company said proceeds will be invested in four categories of renewable projects, with planned additions of 7.175 million kW of wind and solar capacity. The prospectus said it was China’s fourth-largest renewable operator by grid-connected capacity; as of end-2025 it had 41.5899 million kW of controlled grid-connected wind and solar capacity and a 2.26% national market share. The company reported revenue of 20.512 billion yuan in 2023, 22.874 billion yuan in 2024 and 22.909 billion yuan in 2025, while net profit attributable to shareholders fell to 8.28 billion yuan, 7.953 billion yuan and 6.102 billion yuan, respectively. In Q1 2026, revenue was 6.211 billion yuan, down 2.81% year on year, and attributable net profit was 1.609 billion yuan, down 31.06%. It forecast first-half 2026 attributable net profit of 3.3 billion to 3.8 billion yuan, down 19.18% to 29.81%, citing factors including weather changes, lower on-grid power prices, fewer utilization hours, higher expansion costs and subsidy accounting adjustments. The report also noted that China’s National Development and Reform Commission (NDRC) and China’s National Energy Administration issued a February 2025 notice to deepen market-based reforms for renewable on-grid pricing, including removing fixed benchmark tariffs and guaranteed offtake mechanisms and requiring wind and solar power volumes to generally participate in market trading.

Autohome has launched a new round of layoffs and its president, Wang Qiufeng, has left the company, with cuts mainly hitting the content division, according to Jiemian News. A person familiar with the matter said Wang has been removed from Autohome’s internal work chat groups. Wang joined Autohome in May 2025 as president, also serving as general manager of the new-car business unit and overseeing the information center. Her departure comes after Haier-controlled Catachi Holding took control of Autohome: Yunchen Capital, under Ping An, agreed in February 2025 to sell part of its Autohome stake to Catachi for $1.8 billion, while retaining about a 5.1% stake and one board seat; the transaction closed in August 2025. In January 2026, China’s Cyberspace Administration of China, together with China’s Ministry of Industry and Information Technology and other agencies, named Autohome as a typical case in a campaign targeting online misconduct in the auto sector, citing irregular vehicle testing and reviews. Jiemian News reported that Autohome’s accounts on platforms including Douyin, Kuaishou and Bilibili were subsequently barred from gaining new followers. On June 8, 2026, China’s Cyberspace Administration of China and China’s State Administration for Market Regulation jointly issued rules on online review activities, requiring that only legally licensed inspection and testing institutions may conduct and publish tests on vehicle functions and performance. After internal rectification, Autohome began layoffs around the same time as Wang’s exit; the content division was reduced to just over 300 employees from a peak of about 2,000, a cut of nearly 85%, and the company is shifting its focus toward used cars and lead-generation products.

According to Lianhe Zaobao citing Reuters, U.S. Deputy Defense Secretary Duffy said on July 7 in Ankara, during a NATO summit, that the United States does not rule out producing Lockheed Martin’s advanced PAC-3 Patriot missiles outside the U.S. Asked whether the Pentagon had considered moving PAC-3 production overseas, Duffy said the U.S. is “certainly open” to opportunities to produce them abroad. The report did not specify which countries could be involved or whether any timeline has been set.

According to Lianhe Zaobao citing Reuters, the World Health Organization said on July 7 that the Ebola outbreak in the Democratic Republic of the Congo has not stabilized and remains in an expansion phase, with population movement fueling the virus’ spread. WHO’s representative in the country, Ansia, said the outbreak is still spreading and that it is not yet possible to say it is stabilizing. Reuters reported that no further details were provided on confirmed cases, deaths, or affected areas.

According to CNBC, Ukraine’s military general staff said Monday that Ukrainian drones struck a major oil refinery in Omsk in western Siberia, causing a fire at a facility it said is nearly 2,500 kilometers (1,553 miles) from Ukrainian territory and near Russia’s border with Kazakhstan; local Russian officials confirmed the attack and Omsk regional governor Vitaly Khotsenko said emergency services were working at the scene with no casualties reported. Ukrainian President Volodymyr Zelenskyy said “upgraded Fire Point drones” reached the Omsk refinery and called it a blow to Russia’s oil economy, while Ukraine’s military said the Omsk refinery is the largest of Russia’s 11 gasoline producers to be hit by Ukrainian forces and estimated its refining capacity at more than 21 million metric tons of crude oil per year. CNBC also reported that Zelenskyy said Ukraine struck oil facilities in Russia’s Yaroslavl region, and that Russia launched missiles and drones against Kyiv early Monday, killing at least 19 people, while U.S. President Donald Trump said after separate weekend calls with Russian President Vladimir Putin and Zelenskyy that a resolution to the conflict is “getting closer than people realize,” ahead of a NATO summit in Ankara.

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