Key News
1. Nvidia (NVDA.O) is reportedly raising prices on its GDDR6 and GDDR7 memory kits.
Individual Stock News
1. EMAG Technologies (AMKR.US) signed a $1.5 billion agreement with Nvidia (NVDA.O) to support the latter in upgrading its chip packaging facilities and expanding its semiconductor footprint in the United States.
2. SAP SE (SAP.US) reported second-quarter results, with total revenue increasing 9% year-over-year to €9.88 billion, slightly exceeding analysts' expectations of €9.85 billion.
3. Intel (INTC.O) reported second-quarter revenue for 2026 after the market closed on Thursday, nearly 12% higher than analysts' expectations. Revenue growth accelerated to 25% year-over-year, the strongest quarterly revenue growth in nearly 15 years.
4. Oracle (ORCL.N) won a major 10-year, nearly $7 billion defense contract with a U.S. Department of Defense company.
5. Morgan Stanley (MS.N) was not selected as the sole lead underwriter for SK Hynix's (SKHY.O) American Depositary Receipts (ADR) listing.
6. Amazon (AMZN.O) launched its next-generation AI assistant, Alexa+, featuring conversational capabilities and task management.
7. Apple (AAPL.O) requested a 20% price reduction for the OLED panel of its high-end iPhone 18 model due to "chip inflation."
8. Bank of America (BAC.N) increased its stock dividend by 14% to $0.32 per share.
9. BP (BP.N) is close to reaching an agreement to sell its solar energy business, LightSource, to a Kuwaiti-backed group.
