Wedbush Raises AMD (AMD.US) Target Price to $600: AI Conference Reveals "End-to-End" Ambition, Profit Forecast for 2027 Surges by 20%

Spot gold has just broken through the $4,040.00/ounce mark, last quoted at $4,039.96/ounce, down 0.90% on the day; COMEX gold futures main contract last quoted at $4,040.10/ounce, down 0.91% on the day.

Mercedes-Benz: The group currently expects revenue to be slightly lower than last year, whereas previously it anticipated being in line with the previous year's level. Passenger car sales are also now expected to be slightly lower than last year due to the continuously challenging market conditions in China.

Mercedes-Benz reported group revenue of 32.1 billion euros for the second quarter, compared to 33.2 billion euros in the same period last year. Earnings before interest and taxes (EBIT) for the second quarter were 1.5 billion euros, compared to 1.3 billion euros in the same period last year.

Japan's Finance Minister Kazuki Katayama: The relationship between the government and the central bank is “smooth”, the economic blueprint is not intended to exert pressure, and there is no cap on government bond issuance.