Runbang Co said its unit Runbang Marine has formally signed multiple shipbuilding contracts with overseas owners to build several 5,000-ton and 4,500-ton platform supply vessels (PSVs).

Analyst Edward Ludlow says NVIDIA (NVDA.O) has more than doubled its forward supplier commitments in a single quarter, rising from $119bn to $279bn. NVIDIA attributes the increase mainly to securing memory supply. These are commitments to suppliers, not incurred costs, intended to lock components and capacity to meet AI demand over the coming years. Commitments total $92bn for the remainder of the current fiscal year, $87bn for fiscal 2028 and $88bn for fiscal 2029.

US core durable-goods orders (ex-transport) rose 0.4% MoM in July vs 0.6% expected; June revised up to 1.1% from 0.7%.