Moonshot Acquires Nvidia Chip Cluster Through Alibaba Computing Deal
Bloomberg News reports that Moonshot has obtained an Nvidia chip cluster as part of a computing deal with Alibaba.
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Bloomberg News reports that Moonshot has obtained an Nvidia chip cluster as part of a computing deal with Alibaba.
Alibaba has reportedly provided Moonshot, an AI company, with access to approximately 20,000 Nvidia chips to power its Kimi large language model. This significant allocation of chips supports Moonshot's advanced AI development.
Global markets saw a rebound with South Korea's KOSPI surging, while Amazon gained after its fifth consecutive quarter of cloud sales growth. Apple, however, slumped due to supply shortages impacting its sales forecast.

Major tech companies like Amazon and Microsoft reported strong earnings driven by significant investments in AI, while Apple warned of future supply constraints impacting Mac, iPhone, and iPad sales, leading to a projected slowdown in September-quarter growth.
Ed Al-Hussainy and Nicolo Bocchin, guests on Bloomberg Real Yield, discuss the Federal Reserve's 'muddled' messaging, its impact on long-term Treasury yields, and questions surrounding the Fed's credibility amidst the return of 'bond vigilantes'.
A Bloomberg 'Odd Lots' podcast episode delves into how Iran's economy has transformed since the 1979 revolution, describing it as a 'mafia state' and examining its implications for startups.

The Federal Reserve, led by Warsh, voted to keep interest rates unchanged, despite internal divisions and three dissents. This decision came after market anticipation and discussions about inflation, with Warsh emphasizing a commitment to fighting inflation.

Israeli Prime Minister Netanyahu met with US Senators and evangelical leaders in Washington, while former President Trump discussed three scenarios for Iran's nuclear program, including a potential massive attack. Trump also defended the Fed chair and unveiled a plan for Dulles airport, amidst ongoing discussions about global threats and regional conflicts.
Washington Commanders President Mark Clouse explained his decision to leave his CEO position at Campbell's Company to take on his current role, speaking at a Bloomberg Newsmakers event.
An investment committee featuring Enna Weng, Eva Davis, and Tricia Glynn discussed consumer brands and spending habits on Bloomberg Deals.
Bloomberg Opinion explores the significant organizational challenges and opportunities in Guyana's nation-building efforts, highlighting it as an extraordinary experiment.
Zambia's kwacha is approaching parity with the South African rand, having appreciated almost 18% against the dollar this year, making it the second-best performing currency tracked by Bloomberg.
Bloomberg Television provided analysis on a significant day for corporate earnings as the market anticipates an upcoming Federal Reserve decision, featuring insights from financial experts.
Michael Nierenberg, Chairman and CEO of Rithm Capital, provided insights into the company's recent earnings and offered his perspective on the future of the real estate market and overall growth during an interview on Bloomberg's 'The Close'.

Ukraine's foreign minister warned his Iranian counterpart against escalation and providing support to Russia, following an incident in the Caspian Sea. This diplomatic exchange aims to de-escalate tensions between the two nations.

Ashland is reportedly close to reaching a settlement agreement with activist investor Ancora Holdings, according to Bloomberg, potentially resolving a dispute over the company's direction.

If filling up your car isn't even more expensive in the coming months, you should thank China's abandoned building sites, says David Fickling for Bloomberg Opinion.

Fast-fashion giant Shein is reportedly facing significant losses in the first quarter of 2026, attributed to new US tariffs, as it prepares for a potential initial public offering (IPO) in Hong Kong. The company aims for a valuation between $40-50 billion, but analysts suggest it may struggle to justify this figure given the current economic climate and trade tensions.

AI startup DeepSeek has informed prospective investors that it is pausing funding discussions. This decision comes after the company's recent viral posts garnered significant attention.

The Trump administration's imposition of new global tariffs has drawn lawsuits from U.S. businesses and negative reactions internationally, while officials also admitted to withholding clean energy grants from states that did not vote for Trump. These actions highlight ongoing controversies surrounding the administration's economic and political strategies.

Donald Trump has threatened the European Union with tariffs and an investigation following fines imposed on U.S. tech giants like Google. He also vowed to impose tariffs on Canada due to wildfire smoke drifting into the United States.

President Trump and Prime Minister Netanyahu met at the White House to discuss the escalating tensions with Iran. The meeting occurred amidst continued threats and military actions between the US and Iran, raising concerns about a potential wider conflict.
Vitol, a major energy and commodity trading company, distributed $5.9 billion to its traders in 2025, despite its profits being halved. This payout occurred amidst a significant reduction in the company's overall earnings.
Chaos on four distinct geopolitical fronts is driving wild swings in oil prices and fueling fears about global supply, impacting market stability.
Rapidan Energy Group predicts oil prices will reach nearly $100 by year-end due to ongoing disruptions in the Middle East.
Google Ordered to Defend Robby Starbuck’s AI Defamation Suit Bloomberg.com

Anthropic has released a new AI model, Opus 5, which is presented as a more cost-efficient alternative for businesses and rivals the capabilities of frontier AI models like Fable 5, while also enhancing cybersecurity safety and expanding voice mode support.

Wall Street experienced a mixed day with some stocks rising and others falling, influenced by tech earnings reports from companies like Intel and Google, and broader economic factors including fluctuating oil prices. Analyst calls on major tech firms also contributed to the varied market activity.

US President Donald Trump is scheduled to meet with Ukrainian President Volodymyr Zelenskyy and Israeli Prime Minister Benjamin Netanyahu in Washington next week. The meetings will take place at the White House.
Despite a general surge in protein consumption, the pork market is facing challenges and struggling to gain significant ground.
S&P 500 futures remained steady as major technology stocks saw a rebound in trading. This occurred while Brent crude oil prices dipped below $100 a barrel.
Gilts are currently caught between dual risks stemming from the Burnham Debut and the impact of an oil shock on the market.
Despite corporate profits surpassing high expectations, market traders remain unenthused, indicating broader market sentiment.
Officials from the European Central Bank have refrained from providing clear indications regarding potential future interest rate hikes, leaving market participants to speculate on monetary policy direction.
CATL, a leading battery manufacturer, reported a 42% increase in its first-half profit, largely attributed to strong performance in the energy storage sector.
Aliko Dangote, Africa's richest man, is reportedly targeting a $100 billion business empire, with strategic investments and expansion plans centered around oil and fertilizer production.
The 'ridiculously tight' spreads in the US preferred securities market are creating risks for buyers, potentially trapping them in unfavorable positions.

UK retail sales received a surprise boost in June, driven by a heatwave, increased online shopping, and the World Cup. Business activity was also buoyed by staycations and the favorable weather conditions.
The U.S. dollar is on track to record its strongest weekly performance in a month, bolstered by increased haven flows from investors seeking safety.
Euronext is reportedly exploring the establishment of a private market, a strategic move aimed at rivaling the United Kingdom's financial market offerings.
Reports indicate that the creator economy is evolving with the development of a new middle class among content creators.
Europe is bracing for a challenging winter gas season, facing a reckoning as a global competition for Liquefied Natural Gas (LNG) supplies intensifies.
This article explores a perspective suggesting that debt may hold more positive attributes than commonly perceived.
Chinese banks have begun to price new credit independently, breaking away from the established lending benchmark.
Indonesia is reportedly seeking to revive its cocoa production after experiencing years of decline in output.
Technology companies are finding it increasingly difficult to satisfy investors, indicating a shift in market sentiment and higher expectations for performance.

JetBlue's bonds have sunk following reports that the airline has scheduled an investor call to address liquidity concerns. The news has led to a decline in the value of the company's bonds.
Global bond markets are experiencing significant pressure as a surge in oil prices reignites concerns about inflation.
Brewers Are Betting on Vietnam to Drive Much-Needed Growth Bloomberg.com
The rise of solo diners is highlighted as a key indicator of the 'Me-conomics' trend, reflecting changing consumer habits and individual-focused spending.
Gold prices are holding their decline as rising energy costs fuel expectations for interest rate hikes.
Despite ongoing student protests, India's financial markets have so far shown resilience, shrugging off any significant impact from the demonstrations.
The Philippine Peso has fallen to a new record low against the US Dollar, a decline attributed to advancing oil prices and broader economic pressures.
A typhoon is forecast to bring significant heavy rainfall to the southern regions of China over the upcoming weekend.
Debt related to artificial intelligence is increasingly competing with US Treasuries, a factor contributing to the current high yields in the United States.
China's central bank, the People's Bank of China (PBOC), has injected the most liquidity into the economy in five months, aiming to support and stimulate economic growth.

President Trump threatened Iran and Houthi rebels with 'major military punishment' if Houthi attacks on shipping in the Red Sea continue. He stated that Iran would be held responsible for these actions, which have caused oil prices to surge.

Houthi attacks on shipping in the Red Sea are raising concerns about a potential wider conflict in the Middle East and significant global economic damage. These actions are impacting oil prices and international trade routes.
Goldman Sachs and Bank of America analysts foresee a '2024 flashback' scenario in China, anticipating economic trends similar to the previous year, ahead of an upcoming Politburo meeting.
Candidates for the UN Chief position are making their case for how they would restore the world body's stature and effectiveness on the global stage.
Asian stocks are projected to fall as global oil prices surge past $100 per barrel, impacting market stability.
Nvidia and Amkor Technology have struck a significant $1.5 billion deal for chip packaging services. This agreement will support Nvidia's ongoing production and supply chain needs.
The United States has imposed sanctions on a Mexican cartel leader as part of a broader crackdown on drug trafficking operations.
Tech bonds have experienced a selloff in markets, driven by growing concerns over debt related to artificial intelligence investments. Fears surrounding AI debt are reportedly racing through financial markets.
SAP has reported cloud revenue that surpassed estimates, as the company approaches a cutoff date for legacy support. This performance indicates a strong transition to cloud-based services.

The European Central Bank is inviting the public to participate in choosing the new designs for euro banknotes, marking the first time in history that their appearance will be changed. Ten design options have been presented for consideration.

The National Highway Traffic Safety Administration is beginning to consider new federal requirements for vehicle door handles and emergency exits, prompted by a Bloomberg report concerning Tesla.

Bloomberg has once again postponed India's inclusion into its global bond index, leading to disappointment among investors.
Bloomberg reporters are hosting a live Q&A to discuss the implications and challenges for traders as major exchanges like NYSE, Nasdaq, and LSE move towards nonstop trading.
Korea is anticipated to experience a record surge in its markets as global momentum for artificial intelligence returns, as reported on Bloomberg Daybreak Europe.
Following the Federal Reserve's decision to keep rates steady, 30-year yields rose to their highest levels since 2007, while Jersey Mike's also announced its public offering.

Wall Street experienced market fluctuations following the Federal Reserve's interest rate decision and new inflation figures. Major tech companies like Microsoft, Apple, and Meta reported earnings, with investor focus on AI spending and its impact on future growth.
Insight with Haslinda Amin, a daily news program, features in-depth interviews and analysis, including a segment on July 30, 2026, discussing what the bond market is signaling to the Federal Reserve.
Bloomberg released a video report titled 'Horizons Middle East & Africa' dated July 30, 2026, likely covering economic and market trends in the region.

The US Federal Reserve maintained interest rates despite high inflation, with Chairman Warsh facing scrutiny over the decision. Meanwhile, Meta's AI strategy and future revenue projections are causing investor concern.
A new Bloomberg investigation has found evidence that leading election prediction markets, often hailed as 'truth machines', are susceptible to vulnerabilities.
A weekly Bloomberg program focused on significant corporate transactions covered data center deals and changing consumer habits, featuring guests like Stonepeak Chairman Michael Dorrell and Advent International Managing Director.
Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern host Bloomberg Surveillance, featuring daily discussions with leaders and decision-makers from finance and politics.
Horizons Middle East & Africa is a daily Bloomberg program from Dubai, providing analysis on global markets, news-making interviews, and a special focus on the MEA region.

Donald Trump held closed-door meetings with Israeli Prime Minister Benjamin Netanyahu and Ukrainian President Volodymyr Zelensky. These discussions occurred amidst various international and domestic political developments.

The financial market is preparing for a significant week with upcoming tech earnings reports and a crucial Federal Reserve decision. Analysts expect the Fed's press conference to be revealing, even if no interest rate hike is announced.
A Bloomberg Intelligence analyst suggests that cryptocurrency is poised to fundamentally change the manufacturing of financial products and is here to stay. The analyst draws parallels to the growing trust in software and AI.

Koch Industries is reportedly exploring the sale of its data-center firm, Edged, for an estimated $15 billion. This potential divestment signals a significant move in the data center market.

Curium is reportedly in discussions to acquire Lantheus Holdings for approximately $7 billion, while TPG is in talks to purchase Netrality Data Centers for up to $3 billion.

Apple is rumored to be developing AI-powered glasses, potentially launching them as early as next year to compete with existing offerings from Meta and Google.

Donald Trump attended the rescheduled White House Correspondents' Dinner, where he delivered a speech filled with jabs at the media and joked about seeking a fourth presidential term in 2028. During his remarks, he also made comments about a female journalist's appearance and criticized LeBron James.

Nvidia CEO Jensen Huang met with South Korean President Lee and announced a significant $500 billion partnership with SK Group for AI data centers and memory, pledging massive investment to establish Korea as an AI hub.
The US Energy Department is facing accusations that it cut grants to states based on their voting patterns, specifically targeting those that voted 'blue' in elections.

A Russian missile strike on an arms exhibition near Kyiv killed 10 people and injured around 100 others. Russia claimed responsibility for the attack, stating it targeted a drone demonstration.
New York City's initial roll for the pied-à-terre tax has significantly exceeded early estimates, indicating a larger than anticipated impact or collection.
Scribe Therapeutics, a company backed by Eli Lilly, saw its stock jump 67% following an upsized initial public offering.

Nvidia, Microsoft, Meta, and other major tech companies are advocating for open-source AI models and warning against premature restrictions on open-weight models. They are collectively sending a message to Washington regarding the future of artificial intelligence development.
Qualcomm has notified its customers of impending double-digit price increases for its products. The company attributes these increases to rising costs.
Canada has opened a new bridge connecting to Detroit but notably excluded US officials from the opening ceremony.
The continued slide of the Japanese Yen is making hawkish hedges against the Bank of Japan's monetary policy more appealing to investors.
France has formally requested aerial assistance from the European Union to help combat three large wildfires raging across the country. President Macron's appeal comes as firefighters battle the blazes and mass evacuations continue.
AI lab Midjourney has acquired the astrology startup Co-Star, signaling its intent to develop a broader suite of applications beyond its current image generation tools.
BlackRock has commenced a significant $12.3 billion bond sale on behalf of Meta. The proceeds from this sale are intended to finance a new data center for the technology giant.
The United States has withdrawn a bid to improve military intelligence following reported issues and a 'beef' with data analytics company Palantir.
Extreme Heat Pushes Rhine River to Critically Low Levels Bloomberg.com
Former President Trump is reportedly seeking to unlock billions of dollars in Venezuelan frozen assets, following recent earthquakes in the country.
Reports indicate that Spain's recent actions or policies are beginning to cause irritation among other countries in Europe.
The Artificial Intelligence industry is actively trying to address and improve its public image, as reported by Bloomberg.com.

Protesters in India, including activist Sonam Wangchuk who ended a 26-day hunger strike, have begun talks with the government amidst an ongoing stalemate.

The Philippines reported that a Chinese coast guard vessel used a water cannon against a Philippine ship near a disputed reef, marking the third such clash this week in the South China Sea.
Despite its popularity, ranch dressing is reportedly unable to reverse the declining trend in salad sales, indicating a broader shift in consumer preferences.
BofA's Michael Raedler suggests that investors are currently overlooking significant risks in the stock market.

Donald Trump is reportedly considering a "massive attack" on Iran as tensions escalate, with Iran completing its second week of strikes against Gulf States. The US President has also threatened more intense attacks, including targeting food and water stores, while Iran has warned the UK.
SoftBank is reportedly weighing a potential deal to acquire robotics startup Gravis, as it continues to invest in advanced technology companies.
New censorship measures in Russia are reportedly contributing to the growth of a literary resistance movement among Russian writers and artists living abroad.
India's economic activity has decelerated to its lowest point in over four years, a slowdown attributed to geopolitical risks associated with Iran.

Donald Trump announced an expansion of his pledge, with nearly 200 firms signing on, to protect Americans from rising utility costs associated with data centers. He emphasized that the growth of data centers is inevitable and must be managed to prevent financial burdens on citizens.
Cambodia is receiving significant interest from major LNG exporters for the development of its inaugural liquefied natural gas plant.
ECB official Joachim Nagel commented that the European Central Bank is in a favorable position but refrained from disclosing any details regarding the institution's upcoming interest rate decisions.
Japan's Katayama has indicated the country is prepared to take decisive and bold foreign exchange steps as needed, in response to JPY/USD currency movements.
The economic impact of Kyiv's strikes on Russia is a significant factor influencing an upcoming rate decision.
The Bank of England's decision regarding bond sales has become more complex due to a significant surge in Burnham yields.
Infosys has revised down its revenue forecast, attributing the adjustment to a subdued demand for IT services. This indicates a challenging market environment for the global IT consulting and services company.
Charter Communications has announced an exchange offer as part of its strategy to revamp its existing debt structure, aiming to optimize its financial obligations.
A top environmental fund has identified Japan as a key player in addressing the energy challenges posed by the increasing demands of artificial intelligence.
China has seen a significant surge in gold imports after international prices for the precious metal experienced a slump.
Major memory chip manufacturers SK Hynix, Samsung, and Kioxia are facing a pivotal earnings test as the market navigates volatility driven by swings in AI demand.
The Japanese Yen experienced its weakest week since May, approaching 165 against the US dollar. This movement reflects significant currency market fluctuations.

International buyers are increasingly seeking U.S. crude oil due to market volatility caused by ongoing conflicts. This surge in demand reflects a global scramble for stable energy sources.
Chinese electric vehicle drivers are increasingly opting for high-tech car camping, choosing to ditch hotels for their vehicles equipped with advanced features.
Cambodia's leader has pledged to address and combat the evolving networks of scams operating within the country.
The U.S. Treasury Department has publicly called out China for its lack of transparency regarding the yuan, raising concerns about the currency's valuation and market practices.
Oil prices are set for a weekly gain as ongoing tensions in the Middle East fuel concerns over global supply, impacting the crude market.
Reports indicate that Burnham has consolidated control over the United Kingdom's economy, signaling a significant power shift within No. 10.

Ukraine's ousted defense minister, Fedorov, has reportedly refused alternative positions offered by President Zelensky, insisting on his reinstatement. Meanwhile, Trump ally and influencer Laura Loomer met with President Zelensky in Kyiv, marking a significant shift in her stance on the Ukraine war.
The United States has imposed sanctions on a Guernsey-based firm due to its involvement in real estate investments in Cuba.
Intel's ongoing turnaround is being significantly driven by the increasing demand for its chips, particularly from the rapidly expanding artificial intelligence data center market.
SpaceX is preparing for its Starship Flight 13 test launch, a significant event for the company. The launch schedule and test goals are being closely watched as the company continues to develop its next-generation spacecraft.

Eli Lilly's next-generation weight-loss shot has cleared another regulatory hurdle, signaling progress in its development. Meanwhile, Wall Street experienced a stumble, partly influenced by surging oil prices.
Bloomberg's 'Everybody's Business' podcast explores Kalshi's ongoing fight to offer prediction markets on elections, examining how such bets could influence outcomes and the actions taken by states like Wisconsin.
US equity futures gained following a rebound in chipmakers like Samsung and SK Hynix, coupled with strong earnings reported by Amazon. The Bank of Japan maintained its policy rate, strengthening the yen.

Singaporean ministers K. Shanmugam and Tan See Leng have been awarded S$145,000 each in legal costs following their successful libel suit against Bloomberg. The total amount awarded to them for legal expenses is US$113,000 per minister.

Christopher Nolan's new film, 'The Odyssey,' has generated significant buzz, leading to sold-out IMAX screenings and an unexpected surge in interest for learning Greek. However, the movie has also drawn strong criticism from acclaimed 'Odyssey' translator Emily Wilson, who called it 'abysmal' and expressed shame at its script.
Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern host Bloomberg Surveillance, providing daily insights from Wall Street to Washington for investors and executives.
Bloomberg Daybreak Europe reported on US strikes against Iran, alongside discussions on Kevin Warsh and a bond rout following a Federal Reserve decision. The program provided an overview of overnight market news and European investor insights.
Bloomberg Intelligence estimates that insurance claims from this week’s earthquake in Japan could surpass the 175 billion yen ($1.1 billion) average of the country's six previous major tremors.

Saudi Arabia has entered the conflict between the U.S. and Iran by participating in airstrikes targeting Iran-backed Popular Mobilization Forces militias in Iraq. This development comes amidst broader tensions, including discussions of Houthi fees for Red Sea shipping and new U.S. sanctions on Iran-linked tankers.
Mike Dorrell, Chairman CEO and co-founder of Stonepeak, discussed 'circle financing' on Bloomberg Deals. He noted Nvidia's ongoing AI deals, valued at over $750 billion, which are accelerating investments despite skeptics' concerns about artificial inflation.

Bloomberg: Quick peace is not expected - it has become clear how long the US and Iran war can last
Bloomberg LP has announced its agreement to acquire Canoe Intelligence, a platform specializing in automating private markets data collection. This acquisition aims to bolster Bloomberg's offerings for institutional investors, wealth managers, and family offices.
Simon Trott, CEO of Rio Tinto, the world's second-largest miner, reported that iron ore demand continues to be resilient and stable. He shared his insights during an interview on Bloomberg.
Bloomberg Television, Radio, and YouTube provide comprehensive cross-platform coverage of the U.S. market close with anchors Romaine Bostick, Emily Graffeo, Carol Massar, and Tim Stenovec.

Donald Trump and Benjamin Netanyahu held a meeting described by Netanyahu as one of their best, amid reports of an Iranian threat and ongoing tensions. The discussion focused on regional security and the Iranian nuclear program.

Apple's market capitalization briefly surpassed $5 trillion, making it only the second company in history to reach this valuation after Nvidia. This milestone was achieved amidst a broader sell-off in chip and AI stocks.
Visa plans to reduce its global workforce by 7%, which will impact approximately 2,600 positions, as part of a restructuring effort by its CEO. This decision was reported by Bloomberg News, with artificial intelligence cited as one of the reasons for the reduction.

HF Sinclair has filed a lawsuit against the Environmental Protection Agency (EPA), alleging delays in decisions regarding biofuel blending requirements. The legal action highlights ongoing tensions between energy companies and environmental regulations.

Various political and economic topics are being discussed across Europe, including potential full-scale conflict with Iran, calls for resistance from Hungarian leaders, and debates on EU regulations for online marketplaces and Ukraine's accession.

Bloomberg reports that Russia's largest oil terminal on the Black Sea coast, Sheskharis in Novorossiysk, has ceased loading crude oil onto tankers since the morning of July 21, based on shipping data and satellite imagery.

Paramount has agreed to delay its $110 billion merger with Warner Bros. Discovery until at least June 2027, following a lawsuit filed by state attorneys general seeking to block the deal. The decision comes as legal challenges against the acquisition continue to play out in court.

Elon Musk's net worth has significantly decreased, with Tesla experiencing its worst slump since 2022 and SpaceX's valuation being questioned ahead of a Starship test flight. This financial downturn has led to a substantial loss for the world's richest person.

Devon Energy is reportedly considering the sale of its assets in the Eagle Ford shale and Powder River Basin, a move that could fetch approximately $4 billion. This potential divestment aligns with the company's strategy to optimize its portfolio.
Hegseth is reportedly urging his UK counterpart to host a summit focused on the Strait of Hormuz next week, highlighting concerns over ongoing disruptions in the Middle East.
Hedge funds have adopted their most negative stance on the Canadian Dollar against the US Dollar since the beginning of 2024, as reported by Bloomberg.

SpaceX is reportedly turning away new customers for its Falcon rockets, signaling a significant strategic shift to prioritize the development and future use of its Starship launch system.
One game studio experienced a revitalization and renewed success after its partnership with Amazon came to an end.

The European Central Bank (ECB) has launched a public survey, inviting citizens to vote on the new designs for future euro banknotes. This initiative aims to engage Europeans in the redesign process, with experts evaluating the proposed themes.
A private equity founder and former Republican candidate has pleaded guilty to a $50 million fraud scheme.

A man has been arrested in New York City after allegedly stabbing two men, with witnesses reporting he shouted 'Allahu Akbar' during the attacks. Police are investigating the incident, which left both victims injured, as a possible hate crime.

China has imposed export curbs on several European companies, including Rheinmetall, in what is described as its strongest retaliatory move against the EU to date. This action signals escalating trade tensions between China and the European Union.

Russia has declared its Black Sea waters unsafe for navigation, citing ongoing attacks and comparing the situation to Iran's actions in the Strait of Hormuz. This declaration raises concerns about maritime safety and freedom of navigation in the region.
Gulf States are anticipated to increase their borrowing to fund the construction of new bypass routes around the Strait of Hormuz.
A significant momentum crash has impacted the returns of 'YOLO' traders, marking their worst performance in four years, according to Bloomberg.
A six-year-old girl has died in China following an experimental gene-editing treatment, with researchers reportedly concealing her death. The incident has raised concerns about the ethics and transparency of such trials.
Global anxieties about inflation have returned, fueled by oil prices nearing $100 per barrel and the imposition of new tariffs, signaling potential economic headwinds.
American Express (Amex) has increased its forecast for revenue growth, citing strong momentum achieved during the first half of the year.
A Bloomberg article explores the paradox of why Americans are expressing anger despite being wealthier than ever before.

France has formally requested aerial assistance from the European Union to help combat three large wildfires raging across the country, including blazes in southwestern France that forced 20,000 evacuations and destroyed homes, with residents in areas like Cap Ferret also being evacuated.
Economists are largely sticking to their predictions for Federal Reserve rate cuts, even as market pricing indicates a growing expectation for rate hikes.
A Bloomberg article discusses the relevance and demand for around-the-clock stock trading, concluding that traders themselves may not see the necessity.
China is reportedly seeking clarity from the United States regarding ongoing discussions on artificial intelligence, as threats of new sanctions loom.
An analysis piece discusses the current era of resilience, suggesting that it may not be entirely beneficial.

The United States has imposed new tariffs on 60 trading partners, including the EU and China, citing claims of forced labor. This move has drawn opposition from China and dismay from other affected countries, with some questioning the legal basis.
China is reportedly rushing to buy more oil from Eastern Russia as escalating tensions and risks in the Middle East raise concerns about global energy supplies.

The United States has imposed new tariffs on imports from 60 trading partners, including the European Union and Nigeria, with rates up to 12.5% over claims of forced labor. EU foreign policy chief Kaja Kallas expressed negative surprise at the move, while some articles also mention unrelated US strikes on Iran.
A tanker has reportedly exited the Red Sea, going dark, while another Chinese vessel is making its way towards the Strait, indicating ongoing shipping movements in a region marked by heightened tensions.
The rapid expansion of artificial intelligence in Japan is reportedly widening the wealth divide among Generation Z. This trend highlights growing economic disparities influenced by technological advancements.
China's 'National Team' has stepped in to provide support for tech stocks, signaling government intervention to stabilize the market.
The concept of deploying giant mirrors in space is gaining traction, prompting discussions about their potential benefits and significant risks. Experts are evaluating the unforeseen consequences of such large-scale celestial engineering projects.
Indian Prime Minister Narendra Modi addressed ongoing protests over exam paper leaks, promising a new law and stricter measures to tackle the issue. He announced that further actions would be discussed in an upcoming cabinet meeting, aiming to calm public anger and student unrest.
Korean stocks experienced a decline, with chipmakers notably dropping, influenced by developments in the Middle East and a China IPO.
Wheat prices have extended their July rally as ongoing war risks fuel fears over global supply, impacting agricultural markets.
Malaysia has issued its first dollar bonds in five years, a move that comes as the country faces a rising fuel subsidy bill.
Chinese stock turnover has decreased as investor sentiment cools towards the technology sector.
Informal group chats among women are reportedly a significant factor behind a surge in investing activity across India. These digital communities are empowering women to engage more actively in financial markets.
South Korea is speeding up the implementation of a new deposit rule for leveraged Exchange Traded Funds (ETFs), with the change now set to take effect by July 31.
The anticipated blockbuster listing of CXMT (ChangXin Memory Technologies) is expected to potentially ignite the next phase of China's domestic chip industry boom.
The Monetary Authority of Singapore (MAS) is expected to hold its current monetary policy stance in response to mild inflation, while potentially signaling future tightening measures.
The Collateralized Loan Obligation (CLO) market has been significantly affected by recent policy changes in Japan, according to a new study.
Robotics startup Genesis is reportedly in discussions to raise approximately $500 million in funding. The potential investment highlights growing interest in the robotics sector.

Energy giants Eni and TotalEnergies are nearing a final decision regarding the development of the 'Kronos' natural gas field in Cyprus's Exclusive Economic Zone, with a target for production to begin in 2028.
A Brazilian court has initiated an investigation into former President Bolsonaro's connections with the CEO of Banco Master.
GIC, Singapore's sovereign wealth fund, has recorded its lowest five-year return since 2013, though the United States remains its primary market.
Wellington is reportedly declining data-center debt deals due to ongoing concerns regarding property valuations.

Google is rolling out a new selfie video sign-in feature for all users, allowing account access through a brief video. This update aims to enhance security and user convenience for Google accounts.

According to Bloomberg, Vladimir Putin is determined to seize the entire Donetsk region by force and is no longer open to compromises on territorial issues with Ukraine.