Financial news on July 24, 2026

【Answer 1】 0. Global stock market index information 1. Alphabet released its Q2 2026 financial results, reporting total revenue of $119.8 billion, up 24% year-on-year; cloud business revenue reached $24.8 billion, surging 82% year-on-year. The company raised its full-year capital expenditure guidance to $195–205 billion, with quarterly capex amounting to $44.9 billion. 2. Tesla reported Q2 2026 operating data: total revenue of $28.236 billion, up 26% year-on-year; vehicle deliveries rose 25% year-on-year. Free cash flow turned negative due to massive R&D investments in AI and robotics. 3. According to foreign media citing informed sources, NVIDIA has entered into a multi-year, $1.5 billion agreement with packaging services provider Amkor to jointly develop advanced packaging and testing technologies for next-generation AI chips. NVIDIA will provide upfront payments to support Amkor’s expansion of U.S.-based production capacity. 4. On July 24, the European Commission formally announced an aggregate fine of €890 million against Google: €460 million for favoring its own travel and hotel services in search results, and the remainder for anti-competitive practices in the advertising technology market. 5. Intel released its Q2 financial results, with total revenue up 25% year-on-year—including AI data center business revenue soaring 59% year-on-year—exceeding broad market expectations. The company raised its full-year capital expenditure guidance. 6. The U.S. Securities and Exchange Commission (SEC) formally approved Nasdaq’s new delisting rules: companies whose market capitalization remains below $5 million for 30 consecutive trading days will trigger delisting procedures, eliminating the previous 180-day grace period for remediation. 7. The UK Office for National Statistics released June inflation data: CPI rose 2.6% year-on-year—the lowest level in nearly 15 months—with falling energy prices being the primary driver of disinflation. 8. The World Gold Council updated its monthly monitoring data on July 24, reporting that central banks worldwide have maintained net gold purchases for 18 consecutive months, collectively adding 68 tonnes of gold in June. 9. Blackstone Group announced a new acquisition plan targeting photovoltaic and energy storage assets in North America, further intensifying its strategic deployment in the distributed new-energy sector across the region. 10. Novo Nordisk’s French manufacturing facility for weight-loss drugs is steadily expanding capacity; the company has raised its full-year sales growth forecast for weight-loss medications. 11. BHP updated its global resource exploration strategy, increasing investment in overseas exploration for new-energy minerals such as copper and lithium. 12. Singapore’s Ministry of Trade and Industry maintained its annual GDP growth forecast, though semiconductor export volatility continues to constrain economic growth elasticity. 13. The Bank of Canada released an economic report indicating that energy export revenues have bolstered trade data, yet domestic demand recovery has lagged behind market expectations. 14. Morgan Stanley revised its outlook for the overseas AI hardware industry upward, noting that sustained expansion of computing power is driving rising demand across the chip and optical communications supply chains. 15. France’s Ministry of Finance tracked progress on implementing the windfall tax on energy companies, with related tax revenues earmarked specifically for subsidies to help households manage living costs. 16. German economic institutions assessed energy supply-demand fluctuations arising from the scheduled year-end nuclear plant shutdowns, accelerating construction of renewable-energy-linked energy storage projects. 17. India’s SBI Mutual Fund IPO subscription remains ongoing, with 30 international asset management firms already participating—signaling strategic positioning in South Asian financial markets.

Financial news on July 29, 2026

【Answer 2】 1. SK Hynix released its Q2 2026 financial results, reporting operating profit of ₩60.54 trillion—below market expectations. The company announced a significant ramp-up in HBM4 high-bandwidth memory production in the second half of the year and signed long-term supply agreements with over ten technology firms. 2. Seagate Technology released its Q4 2026 fiscal results, reporting revenue of $3.63 billion—up 48% year-on-year—with adjusted EPS substantially exceeding institutional forecasts. Demand for enterprise-grade storage products remains robust. 3. Corning reported Q2 results: sales of $4.74 billion, up 17% year-on-year; however, the company lowered its Q3 sales outlook, citing slowing growth in its consumer electronics glass business. 4. xAI officially launched the Grok Build beta functionality, enabling users to generate websites and small applications via natural-language descriptions—currently available exclusively to premium subscribers. 5. Boeing released its Q2 2026 financial results: revenue of $24.6 billion, up 8% year-on-year; operating cash flow turned positive. However, dragged down by the Air Force One program, the company still recorded a net loss of $428 million. 6. Apple plans to launch new Apple TV and HomePod Mini models this fall, both featuring an upgraded Siri large language model—marking a renewed push into smart home hardware and direct competition with Amazon’s and Google’s smart home ecosystems. 7. Nokia is expanding its optical communications business, intensifying R&D investment in high-speed data center optical modules to meet growing infrastructure demand from global AI compute facilities. 8. Blackstone Group announced an expanded acquisition plan for North American energy storage assets, committing over $21 billion to new-energy investments over the next three years. 9. Novo Nordisk raised its full-year sales guidance for weight-loss drugs; expansion of its French production facility continues steadily, with global capacity expected to increase by 60% by 2027. 10. BHP updated its mineral exploration budget, raising planned exploration spending by 40% over the next five years, with priority focus on lithium and copper resources in South America and Australia. 11. The Bank of Canada issued an economic assessment report: energy exports continue supporting trade data, but household consumption recovery remains weaker than anticipated, prompting the central bank to maintain a wait-and-see monetary policy stance. 12. Morgan Stanley raised its global AI hardware market growth forecast, projecting overall industry size to rise 45% year-on-year in 2026, with sustained strong demand for optical communications components and high-end chips. 13. France continues advancing implementation of the windfall tax on energy companies, directing tax proceeds toward household cost-of-living subsidies—cumulative disbursements now exceeding €12 billion. 14. German economic institutions are assessing the impact of nuclear phaseout, accelerating energy storage project deployment to compensate for generation shortfalls caused by nuclear plant closures. 15. India’s SBI Mutual Fund IPO attracted participation from 32 international asset management firms; proceeds will fund expansion across South Asian financial markets. 16. L’Oréal’s Southeast Asian cosmetics ingredient R&D center has entered the civil construction phase, aiming to develop skincare ingredients tailored for tropical skin types, with commissioning and regional supply to Asia-Pacific markets slated for 2028. 17. Ericsson continues expanding its 5G base station network across Europe; 5G-related revenue rose 18% year-on-year in H1, supporting industrial park computing and communications infrastructure.

Avient Appoints Mike Frank CEO, Reaffirms 2026 Financial Guidance

2 days ago

Avient Corporation appointed chemicals veteran Mike Frank as President and CEO effective immediately. The company reaffirmed its Q3 and full-year 2026 financial guidance while focusing on operational performance and margin expansion.

Avient Names Mike Frank as CEO, Reaffirms 2026 Guidance

Investing.com

citybiz

2026-05-05

Avient Corp CEO Ashish K. Khandpur Identified

2026-10-09

Avient Corp Elects Michael J. Frank as President and CEO

2026-10-09

Avient (AVNT) Names Mike Frank as CEO, Signals Strategic Shift

2026-10-09

Avient Corporation Appoints Michael J. Frank as CEO, Succeeding Ashish Khandpur