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ING Groep (NYSE:ING) reported that Strait of Hormuz liquefied natural gas exports halted, driving regional prices up 25%.

BW LPG (NYSE:BWLP) agreed to sell the 2015-built BW Levant for an expected $17 million net book gain.

Ryanair (NASDAQ:RYAAY) reported a 34% drop in quarterly profit to €538 million amid doubled jet fuel prices.

Lockheed Martin (NYSE:LMT) introduced the PAC-3 Adapted Capability Effector to intercept aerial threats at half the previous cost.

Elbit Systems (NASDAQ:ESLT) received U.S. Customs and Border Protection contracts totaling over $370 million for national security operations.

A federal judge temporarily halted Paramount Skydance Corporation's (NASDAQ:PSKY) $110 billion acquisition of Warner Bros. Discovery (NASDAQ:WBD) to assess market competition.

Lockheed Martin (NYSE:LMT) introduced the MORFIUS X-Rotor, an airborne microwave counter-drone system designed to neutralize 50 hostile targets.

• PayPal Holdings (NASDAQ:PYPL) reportedly received a $60.50-per-share acquisition proposal from Stripe and Advent International, valuing the company above $53 billion.
• PayPal reported Q1 revenue of $8.35 billion and $464 billion in payment volume, while its shares gained 13.3% after the reported offer.
• The wider digital payments sector faces pressure from changing consumer habits, competition, cost controls, and companies investing in new payment infrastructure.

• Meta announced that production of an in-house artificial intelligence processor will commence in September to reduce third-party reliance.
• The business projects total computing infrastructure spending will reach $145 billion this year to support rapid hardware scaling.
• Traditional hardware suppliers face shifting market dynamics as dominant technology platforms actively diversify their global supply chains.

• Apple announced a multiyear commitment exceeding $30 billion with Broadcom to design and manufacture custom wireless connectivity components inside the United States.
• The agreement funds a direct $1.5 billion capital expenditure program to expand Colorado-based production facilities, accelerating a wider industry push to localize high-value component manufacturing.
• Hardware companies project that localizing strategic component production will secure end-to-end supply chains and mitigate international logistical risks, despite requiring heavy upfront infrastructure spending.

• Amazon.com is reportedly seeking to raise at least $25 billion through a U.S. dollar bond sale to support corporate needs, including AI infrastructure spending.
• The peer group shows the scale of the AI infrastructure race, with the latest quarterly revenue ranging from Oracle’s $19.2 billion to Amazon’s $181.5 billion.
• The main sector issue is whether cloud and AI demand can justify heavier debt, higher capital spending, and lower near-term free cash flow.

• Microsoft announced the elimination of approximately 4,800 roles—roughly 2.1% of its global workforce—concentrated across its Xbox and commercial sales units to restructure around shifting technology demands.
• The broader technology sector has shed tens of thousands of roles in 2026 as major firms redirect capital away from legacy headcount and toward high-cost infrastructure and automation.
• Executives indicate these workforce realignments are not traditional cost-cutting measures, but a fundamental transition toward efficiency-focused operations and changing customer needs.

• President Donald Trump said the U.S. was reinstating a naval blockade on Iran after Tehran claimed it had closed the Strait of Hormuz.
• Oil prices rose as traders weighed disruption risk through a route that carried about 20 million barrels per day in 2024, equal to around 20% of global petroleum liquids consumption.
• The main sector issue is whether higher crude prices, tanker rates, and geopolitical risk premiums can offset supply, insurance, shipping, and demand risks.

Coca-Cola (NYSE:KO) suspended Fairlife’s U.S. production on July 16 after ransomware-related access to its production systems.

Apple (NASDAQ:AAPL) overtook Nvidia (NASDAQ:NVDA) as the world’s most valuable company, reaching $4.88 trillion against Nvidia’s $4.86 trillion.

SL Science (NASDAQ:SLBT) presented preclinical glioblastoma data showing complete tumor eradication by day 26 at an 8:1 immune-cell-to-cancer-cell ratio.

Cloudastructure (NASDAQ:CSAI) reported Q1 revenue of $1.315 million, up 78%, while gross profit increased 115% to $710,000.

Allergan Aesthetics, an AbbVie company (NYSE:ABBV), received European approval for Boey across 30 countries, with effects observed from eight hours.

Kimbell Royalty Partners (NYSE:KRP) agreed to acquire multi-basin royalty interests for $215.4 million, adding expected Q3 production of 2,347 boe/d.

Intuitive Surgical (NASDAQ:ISRG) shares fell more than 12% after the company maintained 13.5%–15.5% procedure-growth guidance and flagged insurance pressure.

SpaceX (NASDAQ:SPCX) shares fell 3.5% to $126.58 premarket after an engine failure aborted Starship’s 13th test before liftoff.

Veradermics (NYSE:MANE) presented age-based VDPHL01 data from Study ‘302,’ a 519-patient trial in males with mild-to-moderate pattern hair loss.

Solstice Advanced Materials (NASDAQ:SOLS) declared a regular quarterly dividend of $0.075 per common share, payable on September 10, 2026.

Kalaris Therapeutics (NASDAQ:KLRS) reported expanded Phase 1a TH103 data from 20 patients, with plasma exposure up to 53-fold below leading anti-VEGF agents.