1. SK Hynix (SKHY.O) plans to increase its NAND production capacity in China by 50%.
2. Intel (INTC.O) is reportedly planning to expand its stock offering to $20 billion.
3. Riot (RIOT.O) rose over 15% pre-market after Anthropic signed a $9.1 billion computing power deal with mining company Riot.
4. Nvidia (NVDA.O) announced a partnership with six major financial institutions to establish a $500 billion AI infrastructure financing system.
5. Morgan Stanley (MS.N) launched its US Innovation Infrastructure Initiative, aiming to leverage $1.5 trillion in capital.
6. Beyond Meat (BYND.O) fell nearly 21% pre-market after its board approved a 1:30 reverse stock split.
7. Market news: Blackstone Group (BX.N) is about to acquire a minority stake in Air Canada's Aeroplan loyalty program for $2 billion.
8. Tencent Music (TME.N) shares fell more than 10% in pre-market trading. The company reported total revenue of RMB 8.93 billion in the second quarter, a year-on-year increase of 5.8%, and increased its share buyback program to US$400 million.
