DoorDash (DASH) Under Dual Congressional Probe Over Chinese AI: Kimi K2.6 Use Triggers National Security Review
House Select Committee on China and House Homeland Security launched a dual congressional investigation into DoorDash's use of Chinese AI model Kimi K2.6 on July 31, setting hard deadlines of August 14 for documentation and August 21 for an executive briefing. DASH fell 1.51% to USD 194.55.
HYBE Q2 2026 Results: Record ₩1.45T Revenue, 16% Stock Crash — What the Margin Squeeze Means for Investors
HYBE posted record Q2 2026 revenue of ₩1.45T (+105% YoY) on BTS ARIRANG tour, but shares fell ~16% as gross margin contracted to ~32% from ~43% (QoQ) due to concert cost mix.
Korea Q2 2026 Earnings Season Scorecard: Chips Soar, Banks Break Records, Autos Stumble on U.S. Tariffs
Korea Q2 2026 results: Samsung DS OP KRW 89.2T (70% margin), SK Hynix +557%, KB Financial first KRW 2T quarter, Hyundai -20.8% on tariffs. Foreign investor analysis.
Amazon's Zoox Wins First U.S. Federal Approval for Steering-Wheel-Free Paid Robotaxi Rides
Amazon's Zoox unit received NHTSA's first-ever federal commercial exemption for a steering-wheel-free, purpose-built robotaxi. Up to 2,500 vehicles per year authorized over 2 years; paid rides launching in Las Vegas next.
Johnson & Johnson Closes Dual $3.5B Biotech Deals: Firefly DAC Platform Targets KRAS Cancers, Sail Extends Into In Vivo CAR-T
Johnson & Johnson closed two biotech deals on July 29: the $1B Firefly Bio acquisition (Firelink DAC platform for KRAS solid tumors) and a $785M collaboration with Sail Biomedicines with a $2.58B exclusive acquisition option for in vivo CAR-T immunology. Combined 2026 adjusted EPS impact: -$0.64.
SK Telecom Q2 2026 Earnings Preview: +56% OP on USIM Hack Recovery — Three Questions for August 8
SK Telecom (SKM) Q2 2026 call expected around August 8. Consensus OP ₩527.9B (+56.1% YoY) reflects USIM hack base effect. Watch AI data center, margins, and H2 guidance.
Amgen (AMGN) Discloses Data Breach: Patient PHI and R\&D Data Stolen from Cloud Infrastructure
Amgen filed SEC 8-K (Item 1.05) disclosing patient PHI, proprietary data, and potential R\&D exfiltration from third-party cloud systems. Stock -0.6% AH. Tavneos regulatory risk running in parallel.
Naver (035420.KS) Q2 2026 Earnings Preview: Three Questions for August 7 as AI Ads Go Live
Naver Q2 2026 earnings due August 7. Consensus OP ₩572.7B (+9.8% YoY). Three watch points: FIFA cost drag, AI Briefing ads launched July 21, NVIDIA $1B deal dilution.
Google (GOOGL) Pulls Earth AI Image Tool After One Day
Alphabet (NASDAQ: GOOGL) shipped a generative image tool into Google Earth on July 30 and withdrew it the next day, after researchers used it to paste fabricated bomb craters and nuclear facilities onto real satellite maps.
Korea Market Week Ahead: August 3–8, 2026 — Naver Earnings, Telco Divergence, and Chip Cycle Aftermath
Naver Q2 on Aug 7 (OP consensus KRW 572.7B, +9.8% YoY). SKT +56% vs KT -40% telco divergence. Apple DRAM warning after record Samsung/SK Hynix quarters. BoK meets mid-August.
Starbucks (SBUX) Q3 FY2026: Comp Sales +7.9%, Adj. EPS Beats by 29%, Niccol Raises Full-Year Guidance
Starbucks Q3 FY2026 (ended June 28): U.S. comp sales +7.9%, non-GAAP EPS $0.85 beat $0.66 consensus by 29%, non-GAAP margins +430 bps. Niccol raises FY26 EPS to $2.55–$2.65.
Fed Splits 9-3 to Hold Rates Steady; Warsh Says Five Years of Elevated Inflation Cannot Be Cured in Nine Weeks
Fed held rates at 3.50%-3.75% (9-3 vote) on July 29; three hawks dissented. Chair Warsh said inflation above 2% target 'cannot be cured in nine weeks'. 30-year Treasury hit 5.21% (19-year high); September hike probability climbed to 57.2%.