Pre-Market Highlights for US Stocks: US PPI growth slows, China’s version of Apple’s smart technology completes regulatory filing, Apple AI clears another hurdle for entering China.

Key pre-market U.S. stock news overview: 1. U.S. June PPI month-over-month rate: -0.3% (vs. 0% expected); U.S. June PPI year-over-year rate: 5.5% (vs. 6.2% expected). 2. SK Hynix ADRs narrowed their premium over South Korean shares to 30.7%, down from 51.5% at the close of U.S. trading this morning. 3. Buffett said: "It was a mistake that I didn’t invest in Google back then. Based on its current performance, the company is now 'more likely to be a winner'." 4. The semiconductor sector’s weighting in the S&P 500 has risen to 20%, hitting an all-time high. 5. The China-exclusive Apple Intelligence will integrate both Baidu and Alibaba’s AI models. Alibaba confirmed its Qianwen model will be integrated into iOS, iPadOS, macOS, and visionOS to provide AI capabilities for Chinese users. Baidu has not yet disclosed specific cooperation details. 6. Samsung is secretly studying the feasibility of listing in the U.S., a plan the company previously denied. 7. ASML’s Q2 results beat all expectations, driven primarily by AI chip demand. Net profit reached €2.92 billion, exceeding the market forecast of €2.62 billion. 8. Morgan Stanley’s equities traders significantly outperformed Wall Street expectations, setting another quarterly record. The bank’s Q2 2026 equities trading revenue hit $6.3 billion, up 69% year-over-year, marking a new quarterly high. 9. Trump held a meeting in the White House Situation Room to discuss a large-scale offensive against Iran; the operation will have a broader scope than current strikes around the Strait of Hormuz. Trump appears intent on escalating the conflict, aiming to inflict sufficient damage to force the Iranian regime to open the Strait of Hormuz and accept his nuclear-related demands.