Individual Stock News
1. Mark Gurman: Apple's (AAPL.O) AirPods 5 headphones will be released as early as September this year; Apple (AAPL.O) is expected to launch a new iPad mini before the end of October.
2. Samsung Electronics is working with Nvidia (NVDA.O) to develop an 8-layer seventh-generation high-bandwidth memory (HBM4E), significantly reducing the stacking height compared to the originally planned 12-layer and 16-layer solutions.
3. Chevron (CVX.N) is close to finalizing negotiations to include its joint venture project in Venezuela within the country's new oil policy framework; Chevron is also negotiating in Venezuela to expand relevant blocks of its existing project.
4. Apple (AAPL.O) and Corning (GLW.N) plan to open a new innovation center in central Kentucky. This joint project will focus on designing and developing new materials for future hardware products.
5. Eli Lilly (LLY.N) will acquire Merida Biosciences for up to $2.875 billion in cash. 6. The U.S. Department of Defense signed seven-year contracts with General Dynamics and Lockheed Martin (LMT.N).
7. Apple (AAPL.O) Senior Vice President John Tenus will officially succeed Tim Cook as CEO, effective September 1st.
8. Nvidia (NVDA.O) deepens its long-term cooperation with MediaTek, investing $3.5 billion to subscribe to MediaTek convertible bonds to jointly build an AI edge-to-cloud computing platform.
