Global bond yields hit the highest since 2008 at 3.72%, as rising oil and Fed hike bets fueled inflation fears; Japan’s 10Y yield reached 3%, highest since 1996.
Anthropic agreed to a $35B cloud-computing deal with Nvidia-backed Lambda, using a new Texas data center to rapidly expand AI capacity.
Nvidia is investing $3.5B in MediaTek, its largest direct investment outside the US, sending MediaTek shares +10% and adding $20B in market value.
Shein fell as much as 10% in its Hong Kong debut to HK$43.72, below the HK$48.56 IPO price, amid heavy selling and valuation concerns.