Key News
1. US June PPI year-on-year rate 5.5%, expected 6.2%, previous value revised from 6.50% to 6%.
2. Fed's Williams: With inflation high, it must be sustained to return to the 2% target. The current monetary policy stance is very suitable for achieving this goal.
Stock News
1. Buffett: Still optimistic about Berkshire Hathaway's investment in Apple (AAPL.O).
2. South Korean media: Samsung secretly studies the feasibility of listing in the US; the company previously denied related plans.
3. Morgan Stanley (MS.N) second-quarter revenue was $21.3 billion, exceeding market expectations of $19.7 billion.
4. Apple's AI function has completed filing in China; partners include Alibaba (BABA.N) and Baidu (BIDU.O).
5. Intel (INTC.O) 18A yield rate rises to 85%; reportedly has secured large orders from Nvidia (NVDA.O) and OpenAI, among others.
6. Sources say Coreweave (CRWV.O) is exploring the use of financial derivatives to hedge against the risk of future declines in memory chip prices.
7. Nokia (NOK.US): The company, together with Nvidia (NVDA.O), has developed the world's first commercially available AI-driven Radio Access Network (RAN) platform.
8. Payment company Stripe and private equity firm Advent International have jointly proposed to acquire PayPal (PYPL.O) for $60.50 per share, a deal that would value the payment company at over $53 billion.
9. ASML (ASML.O) released its Q2 2026 financial results: The company achieved net sales of €9.3 billion (compared to €8.8 billion in the previous quarter), a gross margin of 54.0%, net profit of €2.9 billion, and basic earnings per share (EPS) of €7.59.
