BUSINESS

CXMT Corp's shares rose 6.19% as DDR5 yields surpassed 90%, attracting major tech companies amid a global DRAM shortage. The company's strategic expansions and partnerships bolster its market position.

The Dow Jones Industrial Average rose slightly after July's inflation report showed a modest cooling, aligning with expectations. Investors now focus on upcoming Federal Reserve policy decisions amid ongoing market uncertainties.

Unwell, co-founded by Alex Cooper, secures its first external investment from WTSL, valuing the media company at $500 million. The funding aims to accelerate growth and expand its media reach.

Micron Technology introduces binding long-term supply contracts to stabilise memory chip supply amid rising AI demand, warning customers of potential allocation issues if they opt out.

Japan's Nikkei 225 index reached a record high, driven by a weakening yen and a rally in AI and semiconductor stocks, despite subdued trading ahead of U.S. inflation data.

7 Brew introduces a new app offering order-ahead, menu customisation, and loyalty rewards, mirroring Starbucks' successful digital strategy to enhance customer engagement and streamline service.

South Korea's Kospi index surged over 4.5% due to strong semiconductor stock performance, driven by a significant increase in chip exports. The rally triggered a temporary trading halt, highlighting investor confidence.

The ASX 200 fell 0.68% as tech stocks declined and investors focused on corporate earnings, including Commonwealth Bank's results. Rising oil prices partially offset losses in the communication services sector.

McDonald's iconic menu items, including fries, Big Mac, and Chicken McNuggets, have remained top sellers for decades, showcasing the brand's enduring appeal and strategic menu consistency.

Australian badminton clubs face rising costs due to a global shortage of goose and duck feathers, driven by avian influenza. Clubs are exploring synthetic alternatives as traditional shuttlecock prices soar.

Bitcoin traded lower, hovering near $63,482, as investors reacted to inflation concerns and rising oil prices. The cryptocurrency market showed cautious trading, with key support levels closely monitored.

Sony reveals a limited-edition Wolverine-themed PS5 bundle, featuring a unique design and accessories, launching alongside Insomniac Games' new title. Pre-orders open August 19, with global availability from September 15.

SK Hynix's ADRs rose as the company advanced its DRAM technology amid strong AI demand. The stock rebounded after a selloff, driven by leveraged ETF liquidations, and remains a key player in the memory chip market.

Tesla owners report issues with the mobile app and connected services, leaving some unable to access their vehicles. The outage's cause and scope remain unclear as Tesla has yet to comment.

Life360's shares fell over 26% after reporting record revenue and user growth, as investors focused on unchanged profitability guidance and concerns over sustainable earnings.

JD.com shares fell nearly 3% in Hong Kong amid a broader tech sector pullback, as investors await the company's upcoming earnings report and navigate ongoing regulatory and competitive challenges.

Meta Platforms Inc. shifts to open-source AI, unveiling Muse Spark 1.2 and Muse Glimmer, aiming to compete with OpenAI and Anthropic, while addressing regulatory challenges and investor concerns.

Alamar Biosciences reported an 82% revenue growth in Q2 2026, issued its first full-year revenue guidance, and launched new products, boosting its stock by 17.58% since its IPO in April.

Fermi Inc. shares surged after announcing a 15-year lease with TensorWave at Project Matador, marking a key milestone in its AI infrastructure development, despite recent volatility and legal challenges.

NIQ Global Intelligence shares soared over 31% following strong Q2 results, driven by AI advancements and strategic acquisitions, marking a significant recovery since its IPO volatility.

The Nasdaq Composite remained stable as investors weighed strong corporate earnings against fluctuating oil prices and Middle East tensions, reflecting a cautious market sentiment amid inflation concerns.

The Dow Jones Industrial Average rose as oil prices surged due to tensions in the Strait of Hormuz, while U.S. markets approached record highs despite geopolitical uncertainties and mixed economic signals.

Samsung's Galaxy Z Fold 8 is now available, but with Apple's foldable iPhone expected soon, analysts suggest potential buyers consider waiting to see Apple's offering before making a purchase decision.

Vietnamese startup VinSpace has signed a deal with SpaceX to launch its first satellites in 2027, highlighting Vietnam's growing space ambitions and private sector involvement in aerospace.

Jefferies downgrades Apple stock, citing the cancellation of the all-glass iPhone project. The decision impacts future pricing strategies and raises questions about Apple's supply chain leadership.

South Korea's Kospi index rose 0.73% as Samsung and SK Hynix led gains, driven by strong global chip demand and government initiatives to support the semiconductor industry.

The UK has approved Eli Lilly's Foundayo, a weight-loss pill for obesity and type 2 diabetes, marking a significant step in oral treatment options. The drug is not yet available through the NHS.

Austal Ltd's shares rose 17% after Hanwha Group offered up to $1.2 billion for its U.S. operations, aiming to expand in American shipbuilding. The deal excludes Austal's Australian assets.

Beach Energy shares rose 5.46% amid a broader rally in oil stocks, driven by rising global crude prices and ongoing tensions in the Strait of Hormuz affecting oil transit.