Crypto.com has launched tokenized stock derivatives that track 1,500 U.S. stocks, letting investors participate with as little as $1 U.S. The rollout expands the platform’s push into tokenizing real-world assets. Tokenized stocks have reached about $2.49 billion U.S. in value, up 600% over the past year, according to RWA.xyz. Citigroup has estimated tokenized securities could become a $5.5 trillion U.S. market by 2030.

Foxconn said revenue from Apple has slipped further from roughly 29% in the prior quarter to below 29%, while its cloud and networking business—including AI servers—rose to 51% of sales. The company said the shift will be permanent, unsettling some investors. Separately, the market expects TSMC’s CoWoS advanced packaging capacity to grow by more than 50% next year to meet strong AI-chip demand.

Nvidia has reached a $500 billion deal, a move widely viewed as a major turning point for the artificial intelligence sector. The details of the transaction have not been disclosed. Markets broadly expect the deal to strengthen Nvidia’s leadership in AI computing and potentially speed up the commercialization of AI technology. Investors and analysts are closely watching the potential impact on Nvidia’s share price and the broader AI supply chain.

SpaceX told employees in an all-hands meeting that it generated $7.81bn in second-quarter revenue, including $2.56bn from AI and $5.25bn from non-AI businesses. The company is planning to buy AI coding tool Cursor for $60bn, commit to Nvidia hardware purchases and develop data centres in orbit. Elon Musk said he expects AI revenue to surpass the rest of the company’s sales by September.

VA Tech Wabag reported a 37% year-on-year rise in net profit for the quarter ended June. Consolidated revenue grew 21% YoY to Rs 886.8 crore, while EBITDA increased 22% to Rs 116.3 crore. The company booked new orders worth Rs 3,400 crore during the quarter, taking its order book to Rs 19,400 crore. Shares on the NSE fell more than 2% to close at Rs 1,903.60 on Wednesday.

Capital NxT LLP and its persons acting in concert bought 601,008 shares of 3i Infotech in the open market on Aug. 10, lifting their holding from 8.88% to 9.17%. Crossing the 9% threshold triggered a mandatory disclosure under Regulation 29(1) of SEBI’s takeover rules. After the purchase, the group held 19,019,151 shares, representing 9.17% of the company’s total voting capital.

Hydro One reported second-quarter net income attributable to common shareholders of $370 million, or 62 cents per diluted share, for the quarter ended June 30, up from $327 million, or 54 cents, a year earlier. Revenue rose to $2.30 billion from $2.07 billion in the second quarter of 2025. The utility said the increase in diluted earnings per share was largely driven by higher revenue from Ontario Energy Board-approved rates and stronger peak demand. In June, Megan Telford became chief executive after former CEO David Lebeter retired.

Tencent reported second-quarter 2026 net profit of 56 billion renminbi, up 0.7% year on year but down 4% from the previous quarter, missing Bloomberg’s forecast of 58.4 billion renminbi. Revenue rose 11% to 204.8 billion renminbi. The company said it is investing heavily in artificial intelligence, which weighed on profit growth.