Corporate Highlights from the First Week of July:

$AAPL : Signed a massive $30 billion procurement and custom silicon agreement with Broadcom to manufacture 15 billion chips in the US.
$AVGO : Extended its supply contract with Apple until 2031, securing its largest revenue stream, and announced a $1.5 billion investment in its Colorado facility.
$META : Announced plans to build its first 1-gigawatt data center in Alberta, Canada, valued at 13 billion CAD, to support its AI operations.
$PENG : Reported Q3 profits well ahead of expectations due to strong demand for AI memory solutions, raised its year-end targets, and announced a CFO transition.
$RIVN: Raised $1.5 billion in capital by selling 75 million new shares at a 23% discount to fund its Georgia factory and meet DOE loan conditions
$VRTX: Announced the acquisition of Crinetics Pharmaceuticals for $85 per share in cash, totaling $10 billion, to expand its endocrine disease portfolio.
$CRNX: Surged 102% in the stock market following the announcement of its $10 billion acquisition by Vertex Pharmaceuticals.
$NVTS: Suffered significant stock losses due to a patent infringement lawsuit filed by Wolfspeed in Delaware targeting GaNFast and GeneSiC product lines.
$WOLF: Filed a lawsuit in federal court against Navitas Semiconductor for infringing its wide-bandgap semiconductor patents.
$FISV: Entered talks to sell its STAR Network payment infrastructure to a consortium of major US banks, and announced the resignation of President Dhivya Suryadevara.
$WMT: Implemented sweeping price cuts on thousands of items, including ground beef, beverages, and chips, to ease inflation pressure and boost the summer season.
$CTSH: Expanded its partnership with Google Cloud to integrate the Gemini Enterprise AI platform across more than 100,000 of its employees.
$SPCX: Lost 6.8% on its first trading day after being included in the Nasdaq 100 index, though the company's plans to build its own chip factory attracted investor interest.
$CPX: Signed a 10-plus-year energy supply agreement for 250 megawatts to power Meta's new data center in Alberta