Hon Hai Precision Industry Co LtdHon Hai reported a 52% increase in monthly sales as demand for AI infrastructure remained strong

Asian equities were positioned for a higher open Monday, while oil prices advanced as renewed fighting between the United States and Iran raised concerns about shipping disruptions and inflation. Futures indicated gains for Japanese and South Korean stocks, while Australian contracts were little changed. Brent crude rose about 0.5% after Iran said it had targeted three tankers traveling through the Strait of Hormuz without authorization, along with several U.S.-linked vessels. The attacks indicated that the six-month conflict involving Iran, the United States and Israel remained far from resolution. Investors are now turning to Friday’s U.S. consumer-price report after stronger-than-expected employment data increased expectations that the Fed could raise rates at its Sept. 16 meeting. In currency markets, the yen traded near 156 to the dollar after strengthening 2.4% last week. China announced plans to inject 300 billion yuan, or about $44.7 billion, in special-bond proceeds into major banks and insurers. Hon Hai Precision Industry reported a 52% increase in monthly sales as demand for AI infrastructure remained strong.
Hon Hai Precision Industry Co LtdHon Hai reported a 52% increase in monthly sales as demand for AI infrastructure remained strong
NVIDIA Corporation