Individual Stock News
1. Sony (SONY.N) reported first-quarter net profit of ¥342.16 billion, exceeding market expectations of ¥265.98 billion.
2. According to Nikkei: Toyota Motor (TM.N) plans to extend the shutdown of its Fukuoka plant due to the Kumamoto earthquake.
3. The National Highway Traffic Safety Administration (NHTSA) is investigating suspension issues in 1.2 million Tesla (TSLA.O) vehicles.
4. Shell (SHEL.N): An agreement has been reached to sell its wholly-owned subsidiary, BG Cyprus, to the MOL Group for up to $720 million.
5. In response to reports that Tesla (TSLA.O) is considering selling its China business to pave the way for a potential merger with SpaceX, Tesla CEO Elon Musk stated, "That's fake news." 6. Rivian (RIVN.O) reported second-quarter revenue of $1.658 billion, exceeding market expectations of $1.507 billion. It projects vehicle deliveries of 65,000 to 70,000 units for fiscal year 2026, an upward revision from its previous forecast of 62,000 to 67,000 units.
7. Amazon (AMZN.O) reported Q2 2026 revenue of $200.6 billion, compared to $167.702 billion in the same period last year, exceeding market expectations of $196.422 billion. AWS cloud revenue was $42.2 billion, exceeding market expectations of $40.481 billion.
8. Vale (VALE.N) projects copper production of 360,000 to 380,000 tons in 2026, up from its previous forecast of 350,000 to 380,000 tons. It also projects nickel production of 185,000 to 200,000 tons in 2026, up from its previous forecast of 175,000 to 200,000 tons.
9. Apple (AAPL.O) reported Q3 revenue of $109.42 billion for fiscal year 2026, compared to $94.036 billion in the same period last year, and market expectations of $108.578 billion; Q3 iPhone sales revenue was $54.25 billion, compared to market expectations of $53.857 billion; Q3 revenue from Greater China was $18.82 billion, compared to market expectations of $19.67 billion.
