Korea's HBM export prices fell 3.6% in August after rising 87% since March, marking the first decline in five months. Major suppliers including Micron, Samsung, and SK Hynix are significantly increasing production capacity, which analysts suggest may be driving the price correction while overall export value and volume remain elevated.
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Airlines are cutting cheaper, less profitable flights in response to sustained high jet fuel prices, with United, American, and Southwest executives indicating plans to trim capacity in coming months. The moves follow earlier schedule reductions and fee increases, leaving budget travelers with fewer affordable options as fuel costs remain elevated amid geopolitical tensions.
Oracle's GPU utilization reached 97.9% in Q1, with expiring capacity contracts renewed at a 20% premium. Most of the renewed GPUs are over four years old.
Major U.S. airlines are reducing flight capacity in response to soaring jet fuel prices, which rose 6.1% to $181.46 per barrel. American, United, and Southwest executives reported that fourth-quarter fuel costs are running significantly above projections, prompting adjustments to December schedules and beyond, though strong demand across premium and economy bookings has helped offset some of the impact.