Key News
1. Iran claims to have reached an agreement with Oman on revenue sharing in the Strait of Hormuz, but US intervention has delayed the process.
2. The US core PCE price index rose 3.3% year-on-year in July, unchanged from the previous month and in line with market expectations.
Individual Stock News
1. OpenAI continues to experience senior management changes, with the head of its data center leaving the company.
2. Alibaba (BABA.N) released the Qwen3.8-Flash model.
3. Micron Technology (MU.O) announced new leadership appointments to accelerate innovation and growth.
4. Tesla (TSLA.O) China responds to reports of its Shanghai data center being deserted: "False information."
5. Samsung Electronics and SK Hynix plan to increase their supply of 8-layer HBM4 memory to Nvidia (NVDA.O) in the second half of the year.
6. Li Auto (LI.O) reported Q2 2026 revenue of 25.7 billion yuan, exceeding market expectations of 26.641 billion yuan and the 30.246 billion yuan of the same period last year. 7. Zoom (ZM.O) reported second-quarter revenue that increased 4.9% year-over-year to $1.277 billion, with adjusted net income of $464 million.
8. Court documents show that Meta Platforms (META.O) has agreed to settle allegations that its platform harms children. As part of the agreement, Meta agreed to pay states up to $16.68 billion.
9. Sources say Dark Side of the Moon is in talks with Microsoft, Amazon, and Google regarding revenue sharing from its Kimi K3 AI model. Dark Side of the Moon is seeking up to 30% of revenue generated from K3-related services in early negotiations.
