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Italian Economy Minister: We do not expect the growth outlook presented by the government in April to change.

EU official: We will clearly define which corporate structures are permitted, particularly in terms of control and ownership.

On July 22, Joseph Lavorgna, chief U.S. economist at Sumitomo Mitsui Banking Corporation, stated that policymakers will lose hard-won credibility if inflation does not slow. In a report, Lavorgna noted that in the past 70 years, core inflation has only declined by 0.9% or more year-on-year six times. In each of those instances, the slowdown in inflation was due to the Federal Reserve tightening policy. Lavorgna said, “The longer the Fed waits, the greater the probability that interest rates will have to rise above what is necessary. That’s why so many tightening cycles have ended tragically. Chairman Warsh understands this.”

CSPC Pharmaceutical Group (01093.HK): The Phase II clinical trial of SYS 6026 injection for the treatment of HPV16 or 18-related high-grade squamous intraepithelial lesions of the cervix has been officially launched in China.

Qualcomm (QCOM.O) shares were little changed in pre-market trading, currently down 1.84%.

Qualcomm (QCOM.O): Qualcomm, Samsung, and Google are expanding their collaboration on Android XR, which will extend beyond the Galaxy XR headset to include smart glasses.

Both WTI and Brent crude oil prices rose by nearly $1 in the short term, currently trading at $87.6 per barrel and $91.06 per barrel respectively.

July 22 - On July 22, the Bulgarian Parliament voted to approve the deployment of up to eight U.S. Air Force KC-135 aerial refueling tankers and their crews, up to 250 U.S. military personnel carrying personal weapons and ammunition, and related airport equipment at Bezmer Air Base from July 24 to October 1, 2026.

July 22 – According to the Wall Street Journal, AMD (AMD.O) and Anthropic have signed a multi-billion dollar AI server collaboration agreement. Under the terms of the agreement, Anthropic will procure up to 2 gigawatts of AMD's latest generation Instinct MI450 chips for its data centers starting in the first half of 2027, and will lease some computing power through other large cloud service providers or new cloud vendors. AMD will invest up to $5 billion in Anthropic upon reaching certain deployment milestones, marking its first investment in an AI company. AMD's CEO stated, "We have always been very keen to be a key partner in Anthropic's infrastructure, and the engineering teams from both companies have been working together for some time."

International oil prices continued to rise as Trump downplayed the possibility of immediate negotiations with Iran. A chart provides a quick overview of the pre-market conversion prices of crude oil between domestic and international markets.

AMD (AMD.O) shares rose in pre-market trading, narrowing their losses to 1.6%.

The Bahraini military said it intercepted an Iranian attack on Wednesday.

Microsoft (MSFT.O): Makes a long-term commitment to support the U.S. Department of Energy’s Mission Genesis program, backed by a $60 million investment, including $40 million for Azure computing and AI credits and $20 million for solutions engineering enablement services.

According to Iran's Tasnim News Agency, Iran says that strategic missile production has never stopped.

July 22: Building materials transaction volume was 78,800 tons, a decrease of 18.85% compared to the previous trading day. July 21: Building materials transaction volume was 97,100 tons, an increase of 23.85% compared to the previous trading day. July 20: Building materials transaction volume was 78,400 tons, a decrease of 6.67% compared to the previous trading day. July 17: Building materials transaction volume was 84,000 tons, an increase of 9.95% compared to the previous trading day. July 16: Building materials transaction volume was 76,400 tons, a decrease of 18.2% compared to the previous trading day. Last week's average: Building materials transaction volume was 83,900 tons.

Amazon Web Services (AMZN.O) is funding Myseum.AI’s privacy-first AI media album creation agency to support its application on the Picture Party social media platform.

Manulife Financial: Five-year Microsoft (MSFT.O) deal becomes a strategic priority for AI-driven organizations.

Irish government: Economic outlook faces downside risks.

Microsoft (MSFT.O) has committed $60 million to the U.S. Department of Energy’s Mission Genesis program.

Manulife Financial Corporation: Will adopt Microsoft's (MSFT.O) cutting-edge suite and deploy Microsoft Agent 365 for enterprise artificial intelligence applications.