Meta Platforms (META.O) CFO said industry-wide compute capacity will remain tight for the foreseeable future.

Market news: Hungary is developing plans to restrict electricity consumption by large enterprises. The Hungarian Prime Minister cited drought as the reason for proposing this "crisis response plan".

Domestic News 1. The State Post Bureau, in conjunction with several other departments, officially released the "15th Five-Year Plan for the Development of the Postal Industry." 2. The National Automotive Standardization Technical Committee is currently working to standardize the installation and use of automotive lights. 3. The People's Bank of China and nine other departments jointly issued the "Notice on Strengthening the Development and Utilization of Data in the Science and Technology Finance Field." International News 1. South Korea's Ministry of Finance: Will restrict leveraged ETF trading and increase related transaction costs. 2. International oil prices surged 7% after Trump threatened Iran hours before the Federal Reserve's decision. 3. U.S. EIA strategic petroleum reserves for the week ending July 24 were at their lowest level since the week ending March 4, 1983. 4. Abu Dhabi National Oil Company sold crude oil at a premium to Asian refineries in its seventh round of tenders. 5. CME plans to launch futures linked to sporting events as a new type of hedging tool. 6. The United States announced a letter of intent for $874 million in semiconductor research and development investment. 7. Two major MLCC manufacturers raise prices: Samsung Electro-Mechanics to raise prices by 30% starting in August, and Taiyo Yuden to raise prices starting in September. 8. Another earthquake strikes Kumamoto Prefecture, Japan, with strong tremors felt. 9. Middle East situation— ① Following Iran's surprise attack, Trump responded: The US military will "give them a good beating." ② Hezbollah Brigades in Iraq: Will "inevitably" respond to the joint US-Saudi strikes, possibly targeting US "tools" within Saudi Arabia. ③ US Treasury Department: The US imposes sanctions on eight oil tankers and ten entities related to Iran. ④ US media: US weapons stockpiles continue to shrink, and there are no signs of a complete end to the conflict with Iran. ⑤ Iran refutes claims of seeking negotiations with the US. ⑥ Iranian media reports US airstrikes on the Iranian-Iraqi border region. ⑦ Reports indicate that the Houthi rebels in Yemen are considering imposing fees on ships transiting the Red Sea.