Apple (AAPL) CEO Cook says to raise prices due to surging memory chip and storage costs, adds rising costs for memory are a '100-year flood', but declined to give timing of price increase, according to WSJ

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Iranian Foreign Ministry spokesperson Baghaei says MoU between US and Iran was decided to be signed digitally, adds plan for negotiating teams in Geneva remains in place, but MoU was signed digitally and there will be no signing ceremony in Switzerland

Tasnim reports the full text of the English version of the Islamabad MOU between Iran and US:

Apple (AAPL) CEO Cook says to raise prices due to surging memory chip and storage costs, adds rising costs for memory are a '100-year flood', but declined to give timing of price increase, according to WSJ

Paramount Skydance (PSKY) has secured China regulatory approval for the Warner Brothers Discovery (WBD) deal, according to Semafor

Steel Dynamics (STLD) Q2 2026 view EPS 3.51-3.53 (exp. 4.18), includes USD 16mln reduction from asset write downs

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