Axios reports CENTCOM commander Cooper advised halting bombing operations around the Strait of Hormuz, saying the campaign’s effectiveness had reached its limit. That recommendation influenced Trump’s decision on Friday to pause planned strikes on Iran.

SK Hynix will report Q2 results on July 29. A Yonhap Infomax compilation of 14 broker reports expects Q2 revenue of 84.06 tln won and operating profit of 64.09 tln won. The Q2 operating profit forecast is about 17 tln won higher than last year’s full-year operating profit of 47.2 tln won. With Q1 operating profit of 37.61 tln won, SK Hynix’s H1 operating profit would exceed 100 tln won. Samsung Electronics earlier issued a preliminary report showing its Device Solutions division posted operating profit of 89.4 tln won; if SK Hynix meets consensus, the two companies’ combined Q2 operating profit would top 150 tln won.

长鑫科技今日将正式登陆科创板。据预测平台Polymarket数据，其上市首日收盘市值突破1万亿人民币的概率为100%，突破1.5万亿、2万亿、2.5万亿的概率分别达96%、84%和62%；冲击3万亿及3.5万亿的概率则为42%和27%。以8.66元/股的发行价计，其IPO对应市值为5791.8亿元人民币（约854亿美元）。