Market consensus projects NVIDIA (NVDA.O) FY2027 revenue to January at $396bn; the CFO’s 70% growth guidance implies FY2028 revenue of about $673bn. That level would put NVIDIA ahead of Apple and Alphabet by revenue among U.S. tech firms, leaving it second only to Amazon (still primarily a retailer). CEO Jensen Huang has previously given multi-year AI chip sales cues, but NVIDIA has not before issued guidance this far into the future.

Morningstar reports 1,018 new ETFs launched globally in Q2, of which 647 (63.6%) were actively managed. The U.S. led issuance with 494 funds (48.5%). Mainland China recorded 120 new ETFs, a quarterly record; Korea added 89 and Canada 72; other regions combined for 119. Within new active ETFs, equity strategies (258) and trading-tool strategies (227) accounted for roughly 75% of launches. Active equity launches included nearly 80 U.S. target-income and U.S. derivatives-based yield option strategy funds. Among trading-tool ETFs, 168 were single-stock leveraged or inverse products covering 149 underlying names: 116 long-direction, 19 short-direction; 23 stocks were tracked by two or more ETFs, showing high overlap and competition.

The People's Bank of China Tibet Autonomous Region branch has opened a treasury-transfer "green channel", urgently disbursed funds for a mudslide at Jilong port in Jilong County, and mobilized local treasury units to fully support relief payment processing and services.