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Samsung Electronics (KRX: 005930) delivered what would ordinarily be considered an exceptional earnings update. The world's largest memory chipmaker projected a 19-fold increase in second-quarter operating profit, underscoring the powerful demand for high-bandwidth memory (HBM) chips used in AI data centers.
• Microsoft shares rose about 1.6% in pre-market trading to $393.06, up from a prior close of $386.74.
• NATO leaders are gathering in Ankara as European members face pressure to accelerate defense spending toward a 5 percent of GDP target.
• REGENXBIO shares rose about 2.5% in pre-market trading to $15.20, building on an approximately 11.7% gain in the prior session.
• The decline came on the company's debut day as a Nasdaq-100 index constituent.
• Vera Therapeutics shares rose about 4% in pre-market trading to $41.73, up from a prior close of $40.13.
• Crinetics shares surged approximately 100% in pre-market trading to $84.08, up from a prior close of $42.03.
• Brent crude rose 1.5 percent to 73.09 dollars a barrel while WTI advanced to 69.56 dollars, reaching a one-week high.
• Services PMI contracted 0.5 percentage points to 54.0 in June, marking the 24th straight month in expansion territory and signaling sustained yet decelerating sector growth.
US stock indices closed higher on Monday, led by strong semiconductor gains, with the S&P 500 rising 0.7%, the Nasdaq 100 advancing 1.3%, and the Dow reaching a record 53,056. Broadcom, AMD, Intel, Micron, and Nvidia gained amid continued optimism over AI demand and …
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