Marvell Technology (MRVL.US) shares fell 8.4% in pre-market trading as its second-quarter results and outlook disappointed.

Elon Musk revealed that SpaceX and Tesla are each pushing forward at maximum speed to achieve an annual solar capacity layout of 100 gigawatts. However, in the coming years, natural gas will still be needed as a supplement and for startup support in solar power generation. Currently, the core limiting factor in gas turbine production capacity lies in the casting process of moving blades and stationary blades. By building a casting production line within SpaceX, we can accelerate the deployment

The US natural gas OTC trading price has surpassed the $2.9 mark, with an intraday increase of 0.9%. As one of the world's major energy commodities, fluctuations in natural gas prices typically trigger a chain reaction on the cost side of various downstream industries such as chemicals, electricity, and heating. This price increase has also drawn market attention to the future energy supply structure and corresponding changes in industry chain costs.

The price of New York crude oil in over-the-counter trading has fallen below $83, with an intraday decline of more than 0.5%.

Market-related news shows that oil transportation in the Persian Gulf has now recovered to about 70% of its pre-conflict level. Although Iran's oil exports are still restricted, this situation is helping to curb the rise in crude oil prices.