Individual Stock News
1. Alibaba (BABA.N): Group revenue rose 9% year-on-year this quarter, with high-quality earnings and operating leverage boosting EBITA margin to 12%.
2. Micron Technology (MU.O) will invest $10 billion in its US memory research lab over the next 10 years.
3. Coreweave (CRWV.O): Hudson River Trading will conduct AI research on the CoreWeave platform using NVIDIA Vera Rubin NVL72 and HGX B200.
4. Meta Platforms (META.O) is investing hundreds of millions of dollars in Microsoft Azure AI services and has quietly become one of Microsoft's largest AI customers.
5. Futu Holdings (FUTU.O): Total transaction volume in the second quarter of 2026 increased by 78.8% year-on-year to HK$6.42 trillion. Net profit increased by 41.6% year-on-year to HK$3.6419 billion (US$464.4 million). 6. Cognition CEO: Reports that SpaceX (SPCX.O) attempted to acquire Cognition are untrue.
7. TSMC (TSM.N) has reportedly completed the development and verification of its 1.6nm-class A16 process and plans to begin mass production in the fourth quarter of this year.
8. Walmart (WMT.N) reported Q2 revenue of $187.94 billion for fiscal year 2027, exceeding market expectations of $186.769 billion and comparing it to $177.4 billion in the same period last year.
