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ExxonMobil (XOM.N) and Chevron (CVX.N) reported combined Q2 net income of $26.5bn, driven by higher crude and gasoline prices after the Trump administration’s military action against Iran. Chevron posted $12.2bn, roughly five times year-earlier and a

2026-07-31

ExxonMobil (XOM.N) and Chevron (CVX.N) reported combined Q2 net income of $26.5bn, driven by higher crude and gasoline prices after the Trump administration’s military action against Iran. Chevron posted $12.2bn, roughly five times year-earlier and a company-record quarter; Exxon reported $14.5bn, about double a year ago and its strongest quarter since the 2022 Russia-Ukraine war. The sizable profits bolster sector earnings and investor sentiment but could prompt renewed criticism from President Trump, who has accused the energy industry of price-gouging.

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2026-07-31

China's Shenzhen Stock Exchange said this week it took self-regulatory measures in 138 cases of abnormal securities trading, involving intraday price ramping and suppression and false order submissions.

China's Shenzhen Stock Exchange said this week it took self-regulatory measures in 138 cases of abnormal securities trading, involving intraday price ramping and suppression and false order submissions.
2026-07-31

Premarket US equities: Amazon (AMZN.O) +11% after Q2 cloud revenue topped estimates; Apple (AAPL.O) -6.7% on Q4 revenue guidance miss; SK Hynix (SKHY.O) +7%.

Premarket US equities: Amazon (AMZN.O) +11% after Q2 cloud revenue topped estimates; Apple (AAPL.O) -6.7% on Q4 revenue guidance miss; SK Hynix (SKHY.O) +7%.
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