Profit

• US and South Korean tech stocks faced significant volatility and declines as US Treasury yields surged beyond 4.6%. • J.P. Morgan Asset Management reports that TSMC has achieved record-high revenue, asserting that the current demand for AI is not a bubble. • Taiwan's corporate earnings growth is projected to reach 27.4% in 2027 and a remarkable 43.3% by 2026, driven by semiconductor exports.

• Stock markets climbed following reports that June inflation cooled, signaling a potential slowdown in price increases. • JPMorgan Chase reported a record quarterly profit of $21.2 billion, driven by a surge in trading activity and corporate dealmaking. • These combined factors suggest a resilient financial sector and a possible shift in macroeconomic conditions that could benefit investors.

• Zhipu AI, the developer of GLM-5.2, maintained its stability on Monday while other AI-related stocks in Hong Kong and mainland China experienced a broad plunge. • The market downturn significantly impacted the sector, with rival AI firm MiniMax seeing its value slump by nearly 20 per cent. • The decline extended across the broader supply chain, affecting chip designers, materials suppliers, and semiconductor-equipment makers.

• LTIM reported its Q1 2027 financial results, with strong AI momentum driving a 4.7% increase in share price. • The company introduced several new Blueworx tools for integrated operations, data transformation, and cybersecurity, alongside a new outcome-based pricing model called Blueworx Currency. • To support growth, LTIM expanded its Blueworx Studio footprint with a new facility in Bangalore.

• Logistea reported a 27% increase in profit for Q2 2026, alongside acquisitions totaling 1.7 billion SEK. • The company's revenue remains heavily concentrated in the Nordics, with 94% of net operating income (NOI) coming from Sweden (57%), Norway (23%), Denmark (6%), and Finland (5%). • Nordic properties provide stable returns with average net initial yields between 6.3% and 7.8% and weighted average lease terms of 8.4 to 9.2 years.

• The U.S. Men's National Team's loss to Belgium in the World Cup round of 16 triggered record-breaking betting activity for American sportsbooks. • BetMGM reported that the match became the most-bet soccer game in its history, surpassing betting volumes for the NCAA basketball championship and various professional sports championship series. • The high volume of wagers on the home team allowed sportsbooks to generate significant profits following the U.S. exit from the tournament.

• Samsung reported a massive 1,800% surge in profits, driven primarily by the soaring demand for AI chips. • Despite the growth, the company's shares fell sharply on Tuesday because investor expectations for the performance were even higher. • This growth aligns with South Korea's June announcement of at least $880 billion in investments for chip manufacturing projects led by Samsung and SK Hynix.

• Samsung Electronics expects a massive 19-fold (1,800%) increase in profits, fueled by the global surge in demand for artificial intelligence (AI) memory chips. • The profit spike is driven by a market imbalance where the demand for semiconductors continues to outstrip available supplies, leading to higher prices. • This trend highlights the critical role of high-performance memory in powering AI infrastructure and the immense financial potential for chip manufacturers.