- Stripe and Advent held talks to acquire PayPal in July, while JPMorgan severed its banking relationship with Polymarket due to regulatory concerns.
- Berkshire backed Marubeni favors a stronger yen to support a $ 12 billion investment plan, and Aviva reported strong first half operating profit growth.
- Cleveland Fed President Beth Hammack urged immediate central bank action against persistent inflation, and Bill Ackman criticized his new fund's slumping stock price.
- JPMorgan terminated its banking relationship with Polymarket due to regulatory concerns, while BP and XRG partnered on a Venezuelan offshore gas development project with an estimated 4 trillion cubic feet of recoverable gas.
- DeepSeek increased its V4 model prices fourfold amid fierce artificial intelligence competition, and Reddit joined the S & P 500 to replace AvalonBay Communities.
- Charter secured final state approval for its 21.9 billion dollar Cox deal, and Tyson Foods planned to exit more beef plants amid a severe cattle shortage.
- The HSI opened 177 points lower at 25,219 amid broad pressure on leading technology stocks following recent financial results and market developments.
- JD-SW shares slumped over 7% despite a 20.8% rise in 2Q26 Non-GAAP net profit to RMB8.93 billion, driven by market concerns over increased overseas investment.
- SMIC rose 4.7% against the broader market trend after reporting a 261% surge in quarterly profit, while DeepSeek's upcoming API price hike boosted AI concept stocks.