Swiss government will request CHF 970 million in supplementary credit to ensure timely delivery of an air-defense procurement project.

UBS said Baidu's Q2 results were weak. AI cloud infrastructure revenue rose 50% YoY, down from 79% in Q1; UBS attributes the slowdown to revenue-recognition timing but says compute demand for AI training and inference remains healthy. UBS now expects H2 growth to reaccelerate above 60% as existing clients boost spending and the customer base expands, and has slightly raised its H2 AI cloud infrastructure growth forecast to >60%. The bank trimmed H2 core operating profit forecasts by 6% to reflect higher R&D spending, left full-year core revenue broadly unchanged, cut full-year non-GAAP net profit by 27%, lowered its target price to HK$155 (from HK$165) and kept a Buy rating.

据Politico：美国第四巡回上诉法院维持下级法院针对特朗普政府某些礼拜场所移民执法政策发布的禁令。