Key News
1. A Reuters poll shows that over 80% of economists believe the Federal Reserve will raise interest rates in September.
2. Saudi Crown Prince met with U.S. Army Central Command Commander, Admiral Brad Cooper, and his delegation in Jeddah.
3. Iran reiterated that the U.S. must cease all interventionist actions; Iran stated it postponed the regional meeting on the Strait of Hormuz at Saudi Arabia's request.
4. Zelensky: Willing to discuss a ceasefire in the energy sector; plans to meet with Trump in New York.
5. Canadian Prime Minister Carney: Canada seeks a "unique alliance" with the EU, not membership.
Stock News
1. According to sources, Japan's Kioxia Holdings is considering raising at least $10 billion through the issuance of American Depositary Receipts (ADRs).
2. Anthropic has reportedly selected Nasdaq as a potential IPO listing venue, planning to list in October.
3. SpaceX (SPCX.O) will have its weighting increased after the Nasdaq 100 index adjustment.
4. Boeing (BA.N) reached a temporary labor agreement with its engineers' union, raising wages by 10%.
5. Oracle (ORCL.N) Chairman Larry Ellison canceled plans to sell Oracle stock; Ellison has no other plans to sell.
6. Anthropic, OpenAI, and Google (GOOG.O) discussed developing artificial intelligence standards.
7. TSMC (TSM.N) disclosed that its 2nm monthly capacity will increase from 90,000 wafers at the end of this year to 110,000 wafers by the middle of next year, an increase of approximately 22%; its 3nm monthly capacity will increase from over 180,000 wafers at the end of this year to 210,000 wafers by the middle of next year, an increase of over 16%.
8. Gurman wrote that Apple's (AAPL.O) iPhone Duo is expected to drive foldable phones into the mainstream, and predicts that Apple will further expand this product line in the future, launching a larger-screen iPhone Duo Max.
