China exports in June rise at fastest pace since 2021 as AI boom, tariff rush lift trade
AI disclosure
Summary
China's exports to the U.S. jumped around 14% last month while imports grew 26%, according to CNBC calculation of the official data.
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Hedge funds are piling into US semiconductor stocks:
— The Kobeissi Letter (@KobeissiLetter) July 13, 2026
Last week, hedge funds purchased the most US semiconductor stocks in at least 3.5 years.
This follows the 2 largest consecutive weekly sales since June 2024.
As a result, semiconductor stocks now account for 10% of total… pic.twitter.com/XUQOjbcHSk