SK Hynix Shares Surge on Record $28.6 Billion Buyback 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Alphabet Eyes First Australian Dollar Bond as AI Spending Drives Funding Push 
REPAY Stock Rises After Visa Platform Connect Collaboration 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows 
Schott Pharma Stock Rises as Barclays Upgrades Rating on Growth Outlook 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Anthropic Eyes $10B-Plus Credit Line Ahead of Potential IPO 
Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 
Standard Chartered Expands Hedge Fund Access for Wealth Clients 
Moody’s Affirms NVIDIA Aa1 Rating as AI Data Center Guarantees Reach $105 Billion 
Add as a preferred source on Google
Hyundai Electric & Energy Systems Co. will design and build an industrial energy storage system (ESS) and large-scale renewable power plants, in cooperation with Pacifico Energy Korea, a South Korean unit of US Pacifico Energy.
Under the preliminary deal, the two entities will expand bilateral cooperation in the local renewable and distributed energy sector and the transmission and transformation of the electric power sector.
Pacifico Energy Korea, a renewable energy developer, will be the financial investor and developer of the project.
South Korea's industrial ESS and renewable power market are forecast to grow to 9 trillion won by 2030, helped by the Korean-version New Deal that would to invest 160 trillion won on energy projects by 2025.
Hyundai Electric is a unit of shipbuilding group Hyundai Heavy Industries Group.
Pacifico Energy, one Japan's biggest utility-scale PV developers, has been building solar projects in South Korea and Vietnam.
