Montage Technology expects Q3 2026 net profit of 1.20–1.30 bln yuan, up 153.6%–174.7% YoY.

JP Morgan estimated on Tuesday that most global banks have limited exposure to CoreWeave after the NVIDIA-backed cloud firm's shares and bonds plunged last week amid investor concern over its debt financing. JP Morgan said U.S. bulge‑bracket banks and Mitsubishi UFJ Financial Group could have potential exposure of $1.0bn–$3.0bn, while most European and Asian participants are exposed to less than $500m. Much of the exposure is via delayed‑draw term loans held through special‑purpose entities, with funds released as projects hit milestones; JP Morgan said lenders’ exposures appear well managed and heavily collateralized.

Tasnim: An adviser to Iran's Supreme Leader said claims that the Strait of Hormuz is open are unfounded.