Monday's News Links

[CNBC] Stocks slide as chipmakers fall; SK Hynix sinks 8%: Live updates

[CNBC] Oil prices rise as U.S. and Iran contest control of Strait of Hormuz with fresh strikes

[CNBC] SK Hynix South Korean shares clock worst day, sinking over 15%, after stellar Nasdaq debut

[Reuters] Dollar climbs on renewed Middle East attacks, Hormuz closure

[AP] Live updates: US and Iran assert control over Strait of Hormuz after latest attacks

[Reuters] Iran war live: Iran escalates attacks across the Gulf after more US strikes

[AP] US and Iran each assert they control the Strait of Hormuz after another heavy exchange of fire

[Reuters] Hormuz traffic slows to two-month low as renewed US, Iran strikes raise safety risk

[AP] Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity

[Yahoo/Bloomberg] US Cost for Gas Power at 17-Year High and Climbing, Lazard Says

[Yahoo/Bloomberg] Meta’s Louisiana Data Center to Surpass $250 Billion Price Tag

[Yahoo/WSJ] Meta Lifts Cost of Louisiana Data Center to $50 Billion

[Yahoo/Bloomberg] Wall Street to Warsh: Skip the Guidance, But Tell Us What You Think About the Economy

[Yahoo/Bloomberg] Wall Street Mounts Pushback on Trillion-Dollar Stablecoin Boom

[Reuters] An emboldened India holds out for better terms in US trade talks

[Reuters] Strategy bitcoin sales shine light on faltering crypto hoarding companies

[Reuters] Europe recorded 10,000 excess deaths during late-June heatwave, data show

[Reuters] Allies to muster more air defence aid for Ukraine as battlefield momentum shifts

[Bloomberg] Treasury Two-Year Yields Rise to Highest Since 2025 as Oil Jumps

[Bloomberg] New York City, US Northeast Will See Temperatures Soar This Week

[Bloomberg] Heat Wave Dries Up German Rhine Chokepoint to Strain Fuel Supply

[Bloomberg] Russian Refinery Runs Plunge to Lowest in More Than Two Decades

[NYT] Nearly 200 Economists and Tech Leaders Warn of A.I. Threats

[NYT] Private Planes, Helicopters and Mercedes Vans: The Rich Do the World Cup

[WSJ] U.S. and Iran Trade New Rounds of Attacks in Fight Over Strait of Hormuz

[WSJ] Warsh’s First Big Call: Whether to Undo Last Year’s Cuts

[WSJ] The Quarter-Trillion-Dollar Onslaught of AI Bonds Is Testing Investors’ Limits

[WSJ] Frequent Oil Draws From U.S. Strategic Reserve Push Old System to Breaking Point

[WSJ] What Lindsey Graham’s Death Means for the Balance of Power on Capitol Hill

[WSJ] See How Ukraine Is Taking Out Russia’s Refineries

[FT] Wall Street feasts on fees from SpaceX IPO and mega-mergers

[FT] Companies turn to Chinese AI models to cut costs

[FT] Cutting China reliance would cost the west $23tn, research suggests

[FT] Ukraine’s drone swarms test Moscow air defences