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06/10/2026
New York silver futures fell 1% intraday, currently at $60.67 per ounce.
Latest
1 m ago
McDonald's (MCD.US) hit with class action lawsuit in the US! Accused of using an AI pricing system to illegally manipulate menu prices.
6 m ago
A Chinese company participates in the construction of Montenegro's Budva bypass road project, which has commenced.
7 m ago
Morgan Stanley's latest estimate shows that Nvidia has locked in about 37.3% of the world's high-bandwidth memory (HBM) supply for 2027, with its long-term supply commitments surging from $119 billion in the previous quarter to $279 billion (about RMB 1.87 trillion). Nvidia's supply commitments are not evenly distributed. According to financial disclosures, about $92 billion will come due in the remainder of fiscal 2027, with $87 billion and $88 billion due in fiscal 2028 and 2029, respectively. The cost per GB of HBM4 has jumped from $17 to $18 in the HBM3e era to $31 to $32, nearly doubling. Bernstein predicts that HBM4 pricing may climb further to $53 per GB in 2027, while UBS estimates that the overall average price of HBM in 2027 will rise about 79% from 2026. It should be noted that the production capacity of the three major memory manufacturers has already been locked up in advance. Micron CEO Sanjay Mehrotra explicitly said at the October 1 earnings call that most HBM supply for 2027 has already been contracted in advance, and that no inflection point for a return to supply-demand balance is currently in sight. Samsung likewise said customers have already booked 2027 demand in advance, and the supply-demand gap will widen further compared with 2026.
9 m ago
According to Al Jazeera, U.S. President Trump repeatedly emphasized that the higher gasoline prices American consumers are paying at the pump are "a small price to pay for maintaining world security and safeguarding national security." Trump made the remarks at a campaign rally held in Grand Island, Nebraska. While claiming that current oil prices are lower than during the Biden administration, Trump also said that gasoline prices will drop to below $1.85 per gallon (about 3.8 liters) within an "extremely short period of time." He reiterated that this could happen before the November 3 midterm elections, or immediately afterward. Trump said: "Please understand that we are saving this country... and even the entire world from a catastrophe that could be the worst tragedy in history," and once again stressed that the United States will never allow Iran to possess nuclear weapons.
9 m ago
Bridgewater founder Dalio: The U.S. debt crisis could erupt within 3 years.
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