AP Top Business News at 6:18 a.m. EDT

South Korea’s Kospi index jumps nearly 18% on a surge in chipmaking stocksAmazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsAnthropic says its AI models hacked 3 organizations during testingEU to crack down on AI deepfakes, illicit imagery and hacking with new team in BrusselsOil companies are expected to reap big profits because of US-Iran conflictStrong iPhone sales propel Apple's fiscal Q3 results past Wall Street's expectationsUS economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly highImmigration crackdown threatens Haitian caregivers and the seniors who rely on themMicrosoft beats Wall Street expectations with $90B in revenueAfrica's off-grid solar sector courts mainstream investors with landmark financing deal