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AlJazira Capital forecasts Al Rajhi Bank Q2 profit above SAR 3.4B, above SICO's estimate. The print due mid-July will test whether Saudi banks are past margin compression.

China's Ministry of Commerce met with Alibaba and ByteDance to discuss limiting overseas access to advanced AI. Alibaba also blocked staff from using Anthropic's tools.

Ukrainian drone strikes on Russian refineries keep diesel supplies tight, widening crack spreads. Marathon Petroleum captures that premium, driving cash flow and buybacks. Alpha Score 51.