News

The German Federal Antitrust Office has concluded its preliminary investigation into SAP, and there is currently no indication of any abuse of data access.

Polish Prime Minister Tusk: (The missile that landed in Poland) looks like a Russian missile, but we are not 100% sure what type of missile it is.

According to Internet monitoring agency NetBlocks: Data shows that Internet connections in the Sumy region of Ukraine have experienced severe disruptions. This situation is consistent with blackouts that occurred after Russia attacked energy infrastructure at night.

Market news: The EU Council revised the Ukraine plan to reflect an additional €8 billion in funding in 2026.

HSI closed up 50.96 points, or 0.2%, at 25858.88 points on July 30 (Thursday);Hong Kong’s Hang Seng Technology Index closed down 60.96 points, or 1.25%, at 4803.77 points on July 30 (Thursday); The state-owned enterprise index closed up 21.19 points, or 0.25%, at 8644.71 points on July 30 (Thursday);The red chip index closed at 4250.42 points, up 20.01 points, or 0.47%, on July 30 (Thursday).

JPMorgan Chase: Lowered Qualcomm (QCOM.O) target price to $215 from $265.

U.S. storage concept stocks fell before the market opened. Micron Technology (MU.O) fell 2.6%, SK Hynix (SKHY.O) fell 4.4%, Western Digital (WDC.O) fell 1.2%, SanDisk (SNDK.O) fell 1.5%, and Seagate Technology (STX.O) fell 0.1%.

Meta Platforms (META.O) U.S. stocks fell 8.3% before the market opened, and free cash flow fell 91% in the second quarter. Microsoft (MSFT.O) rose 7% before the market opened, with fourth-quarter cloud revenue growth exceeding market expectations. Qualcomm (QCOM.O) fell 5.7% before the market opened, and Arm (ARM.O) fell 7.2% before the market opened.

German second-quarter unadjusted annualized GDP will be released in ten minutes.

LG Electronics: Second-quarter results include one-time gains of approximately 300 billion won, including U.S. tariff refunds.

The Secretary-General of the Council of Europe stated that Russia's war in Ukraine is escalating to an unprecedented level. The same applies to wars in the Middle East. All parties must sit down and begin working towards a sustainable, realistic, and long-term peace solution.

Tesla announced that the world’s 10 millionth electric vehicle has rolled off the assembly line.

According to Interfax: Drones attacked the port of Taman in the Krasnodar region of Russia.

The death toll from the earthquake in Kumamoto Prefecture, Japan, has risen to 25.

Daiwa Capital Markets: Raised its target price on Ford Motor (F.N) to $15 from $13.

Adidas shares in Germany fell 15% after the company released its earnings report.

Bernstein: Cut Qualcomm (QCOM.O) price target to $165 from $235.

LSEG data showed that Germany's 30-year government bond yield rose to a two-month high of 3.687%.

Swiss KOF economic leading indicators for July will be released in ten minutes.

NI225 closed up 433.24 points, or 0.71%, on Thursday, July 30, at 61867.43 points.