The Chinese food-delivery giant open-sourced a 1.6-trillion-parameter model trained on 50,000 domestic Huawei-class accelerators, challenging the core premise of US chip export controls.
Author Archives: newanalytica
Posted inMarkets
COMEX copper hits record 652,000-tonne stockpile as US tariff ruling approaches
US copper inventories have surged eightfold to a record 652,200 tonnes as buyers front-run a Section 232 tariff decision that could impose a 30% levy on refined copper imports by 2028.
Posted inEconomy
US declines to extend USMCA, forcing annual reviews of a $2 trillion trade pact
USTR Jamieson Greer announced July 1 that the US will not renew USMCA beyond 2036, opting instead for annual renegotiations that leave North American trade in permanent uncertainty.
Posted inGeopolitics
Russia’s June casualties top 39,000 as Ukraine advance slows to near-standstill
Russia suffered an estimated 39,490 casualties in June 2026 — the bloodiest month of the war — while advancing just 1.03 square kilometres per day in Ukraine, down from 16.6 sq km per day in 2025.
Posted inWorld
Xi Jinping promotes two generals to rebuild China’s hollowed-out military leadership
Xi Jinping promoted Zhang Shuguang and Wang Gang to full general on July 3, filling the senior PLA roles left vacant by a sweeping corruption purge that gutted the Central Military Commission.
Posted inTech
Meta eyes cloud compute market as shares jump 9% on AI infrastructure monetisation plan
Meta shares rose 8.8% on reports the company plans to sell spare GPU capacity and hosted AI models under a Meta Compute brand, sending CoreWeave and Nebius shares sharply lower.
Posted inMarkets
US crypto market structure bill stalls in Senate as August recess threatens passage
The CLARITY Act’s odds of Senate passage have fallen to 48% after ethics and law-enforcement talks collapsed, with only 31 session days left before the August recess.
Posted inEconomy
Euro area inflation eases to 2.8% in June as energy costs retreat
Eurozone headline inflation fell to 2.8% in June from 3.2% in May, driven by a 1.7% monthly drop in energy costs — the first deceleration since the Middle East conflict began stressing prices.
Posted inGeopolitics
Russia strikes Kyiv with 74 missiles and 496 drones, killing at least 22 civilians
Russia launched one of its most destructive overnight attacks of 2026 on Kyiv, killing 22 and injuring dozens as 25 ballistic missiles evaded Ukraine’s air defences.
Posted inWorld
Netanyahu visits occupied south Lebanon and links pullout to Hezbollah disarmament
Netanyahu toured occupied southern Lebanon on July 1, vowing Israel will not withdraw while Hezbollah remains armed, four days after a US-brokered pilot-zone deal.