Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
South Korean shippers are forecasted to post strong earnings in the third quarter of the year due to increased fare and a drop in fuel costs.
The global freight rates reached 1,448.87 on Friday based on the Shanghai Containerized Freight Index, more than doubling last year's rates and marking the highest level since July 2012.
According to Jung Yeon-sung, an analyst at NH Investment & Securities Co., the higher global freight rates were due to gradual recovery in maritime cargo volume leading to a shortage in supply of cargo service.
Fuel costs decreased due to a fall in international crude prices, with the West Texas Intermediate crude prices for November delivery dropped at US$40.88 a barrel on Friday from the $60 mark early this year.
Bulk carriers such as Pan Ocean Co. and Korea Line Corp. are also expected to show improved earnings in the third quarter s its Baltic Dry Index (BDI) reached 2,097 on Oct. 6, the highest level so far this year.
The BDI measures shipping costs for commodities,
