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Gold’s Tumble, Middle East Conflict Rocks Precious Metal Market

Key Points: Gold futures plummeted 4% Sunday night, wiping out 2026 gains. The Middle East conflict and surging oil prices are driving inflation fears, impacting rate cut expectations. A strong US dollar and rising bond yields make non-yielding gold less attractive. Despite short-term pain, analysts see a potential long-term bullish reversal if economic conditions worsen. Gold investors just got hit hard. Gold futures fell about...

Samsung SDS Unleashes Super-Fast AI with Korea’s First Nvidia B300 GPU Service

Key Points: Samsung SDS launched Korea's first Nvidia B300-based GPU-as-a-Service (GPUaaS). The new B300 GPU offers huge jumps in memory and speed for AI tasks. Businesses can now access top-tier AI power without big upfront costs. Samsung SDS plans to expand its AI cloud services further this year. Samsung SDS just took a big leap in artificial intelligence (AI) services. They've rolled out Korea's very...

US Dollar Rebounds as Middle East Conflict Erases Rate Cut Hopes

Key Points: The US dollar rose as escalating threats in the Middle East boosted demand for safe assets. President Trump threatened to attack Iran's power grid, prompting vows of retaliation against neighboring countries. Investors no longer expect the Federal Reserve to cut interest rates twice this year. Global central banks are turning hawkish amid fears of severe energy inflation. The US dollar started the week...