现货钯金日内走低4.00%，现报1179.32美元/盎司。

Intel-backed AI chipmaker SambaNova is targeting a $10 billion valuation — a fivefold increase — and plans to raise $800m–$1bn, The Information reports.

South Korea's ruling Democratic Party leader Zheng Qinglai resigned on the 24th at a party Supreme Council meeting. Party whip Han Byung-do will act as leader. Observers widely speculate Zheng stepped down to mount a re-election bid. The party will hold a national convention on Aug. 17 to elect a new leader for a two-year term. Analysts say Zheng, Prime Minister Kim Min-seok and former party leader Song Young-gil are likely to run.