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Market news: Israeli officials are frustrated by Trump's second cancellation of a planned strike against Iran in a week, saying the last-minute reversal undermines military plans. Israel now believes Trump prefers a deal with Iran to escalating the c

2026-08-03

Market news: Israeli officials are frustrated by Trump's second cancellation of a planned strike against Iran in a week, saying the last-minute reversal undermines military plans. Israel now believes Trump prefers a deal with Iran to escalating the conflict.

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2026-08-02

China International Capital Co (CICC) says global AI-related chains have sold off sharply since mid‑late June, with Korea’s hardest hit where high leverage, crowding and retail exposure amplified the decline. Drivers include amplified positioning ris

China International Capital Co (CICC) says global AI-related chains have sold off sharply since mid‑late June, with Korea’s hardest hit where high leverage, crowding and retail exposure amplified the decline. Drivers include amplified positioning risk, macro shocks (re‑pricing of Fed rate hikes and renewed Strait of Hormuz disruption pushing oil), and renewed froth concerns (eg. cloud compute rentals, falling token spend). CICC notes the tech run-up before the 2000 crash saw at least four large, prolonged pullbacks triggered by similar factors—industry hiccups, macro headwinds and overheated sentiment—and only rebounded once those three pressures eased. By analogy, CICC says market stabilization or a fresh leg higher now requires: substantial digestion of crowding/leverage; relief or resolution of Fed tightening expectations (watch the July FOMC); and new earnings/industry catalysts during the July–August reporting season.
2026-08-02

The Russian National Anti-Terrorism Committee said on the evening of Aug. 1 local time a homemade explosive device detonated at a restaurant on Kudrinskaya Square in central Moscow. An unidentified woman tried to bring the device into the restaurant

The Russian National Anti-Terrorism Committee said on the evening of Aug. 1 local time a homemade explosive device detonated at a restaurant on Kudrinskaya Square in central Moscow. An unidentified woman tried to bring the device into the restaurant and was stopped by security; the blast killed the woman, a security guard and another patron, and injured 21 people.
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