News

According to Axios, a meeting between US President Trump and Israeli Prime Minister Netanyahu is under discussion, but specific arrangements have not yet been finalized.

Italian Economy Minister: Italy’s tax on small parcels will be in addition to similar taxes in the EU.

The Dow Jones Index opened up 4.03 points, or 0.01%, at 52228.67 points on July 22 (Wednesday);The S&P 500 Index opened down 15.70 points on July 22 (Wednesday) points, down 0.21%, to 7493.51 points;The Nasdaq Composite Index opened down 128.55 points, or 0.50%, to 25708.66 points on July 22 (Wednesday).

U.S. stocks opened lower, with the Dow Jones Industrial Average down 0.07%, the S&P 500 down 0.19%, and the Nasdaq Composite down 0.54%. Storage and AI chip stocks generally declined, with SK Hynix (SKHY.O) falling over 5%, Western Digital (WDC.O) and Seagate Technology (STX.O) down about 4%, and SanDisk (SNDK.O) and Micron Technology (MU.O) down over 3%. Intel (INTC.O) fell over 3%, TSMC (TSM.N) fell over 2%, and AMD (AMD.O) fell 1.6%.

Wells Fargo CEO: We are very optimistic about the U.S. market.

EU official: We need to fully protect strategic autonomy. The move is to ensure that foreign investors do not take complete control of EU airlines.

EU official: We will make it clear which corporate structures are allowed, especially in terms of control and ownership.

EU official: We will release the results of our review of the aviation ownership rules in the fall.

Qualcomm (QCOM.O) U.S. stocks were little volatile before the market opened, falling 1.84%.

Qualcomm (QCOM.O): Qualcomm, Samsung and Google are expanding their cooperation on Android XR, which will also involve smart glasses in addition to Galaxy XR headsets.

Qualcomm (QCOM.O): Samsung launched its first smartwatch platform equipped with Snapdragon processor and integrated personal AI.

Qualcomm (QCOM.O) and Samsung have expanded their cooperation and joined hands with the Snapdragon platform to promote the development of artificial intelligence in the Galaxy ecosystem.

Pharmaceutical company Hikma: Commitment to invest an additional $1 billion in U.S. manufacturing and R&D by 2030.

Pharmaceutical company Hikma: Ensuring a stable supply of affordable medicines in the United States is our shared goal.

Pharmaceutical company Hikma: Will continue to communicate constructively with the US government on trade policy.

Reserve Bank of India: India’s foreign exchange reserves remain sufficient to cover more than 10 months of import needs.

Reserve Bank of India: The domestic economy has successfully coped with external uncertainties.

Reserve Bank of India: Sowing delays due to uneven monsoon progress; food stocks provide buffer to price pressures.

Reserve Bank of India: As of the end of May, net forward sales of open positions were $106.66 billion.

Reserve Bank of India: The Reserve Bank of India sold a net US$6.1 billion in the spot foreign exchange market in May.