Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
Hyundai Motor Co. has recalled around 180,000 SUVs in the US due to defective anti-lock brake circuit boards that can cause fires.
South Korea's largest carmaker by sales has been informed of a dozen engine fires caused by the problem.
Hyundai is now telling Tucson owners in the US to park outdoors and recalling the vehicles from 2019 as defective anti-lock brake circuit boards can lead to corrosion that can cause a fire even if engines are off.
So far, no injuries have been reported.
It is the second time this month that Hyundai recalled cars.
Earlier, Hyundai and its affiliated Kia Motors Corps. recall over 600,000 vehicles in the US and Canada to fix a brake fluid leak that could lead to engine fires.
