Individual Stock News
1. Market News: SK Group Chairman Chey Tae-won purchased 3,620 shares of SK Hynix (SKHY.O).
2. Arm (ARM.O) reported Q1 revenue of $1.29 billion for fiscal year 2027, compared to $1.053 billion in the same period last year, exceeding market expectations of $1.262 billion.
3. Meta Platforms (META.O) expects third-quarter revenue of $61 billion to $64 billion; analysts' estimates are $63.17 billion.
4. Stellantis (STLA.N) reported second-quarter net income of €43.5 billion, a 13% year-over-year increase, exceeding analysts' consensus estimate of €43.4 billion.
5. Microsoft (MSFT.O) reported Q4 revenue of $90 billion for fiscal year 2026, compared to $76.441 billion in the same period last year, exceeding market expectations of $87.63 billion; cloud revenue was $59.3 billion.
6. Shell (SHEL.N): Third-quarter marketing sales are expected to be approximately 2.55 million to 2.75 million barrels per day. Third-quarter liquefied natural gas (LNG) liquefaction volumes are expected to be approximately 7.1 million to 7.7 million tons.
7. Toyota Motor (TM.N): In June, the parent company's global vehicle sales increased by 0.1% year-on-year to 868,454 units; both global vehicle sales and production declined year-on-year from January to June.
8. Market News: Intel (INTC.O) has granted access to some technologies to startup Rosaic Labs, whose CEO is a co-investor of Intel's CEO in other companies.