U.S. storage concept stocks mostly fell in pre-market trading: SK Hynix dropped over 5%, SanDisk and Western Digital fell more than 4%, and Micron fell nearly 2%. TSMC dropped nearly 3% as its Q2 net profit exceeded expectations, prompting an upward revision of its annual growth forecast and an increase in capital expenditure. Popular Chinese concept stocks generally rose, with Kingsoft Cloud and XPeng up more than 4%. AST SpaceMobile plunged over 10% as the company plans to issue $1 billion in

Burford Capital Ltd. surged more than 12% on Monday, marking its largest intraday increase since the end of March, after a federal jury delivered a verdict in a patent case involving Apple.

A federal judge in Delaware on Monday rejected the requests from Pfizer, BioNTech, and Moderna to dismiss a lawsuit filed against them by Monsanto, a subsidiary of the German pharmaceutical giant Bayer. The lawsuit concerns these pharmaceutical companies' use of a patent related to mRNA technology.

Tesla has rescheduled the unveiling event for its next-generation Roadster, originally planned for this week, to October 15.

Deutsche Bank Research stated in its latest report that the era of large-scale policy interventions used to cushion global economic shocks over the past decades is coming to an end. The continuous rise in sovereign debt, high interest rates, and persistent inflation are all weakening the traditional “safety net” relied upon by governments and central banks.