Kuwait's Interior Ministry reinstated an air-raid alert.

Analyst Charles Shum said TSMC (TSM.N)’s upcoming earnings briefing will concentrate on its 2026 capex plans — specifically whether it can support a larger spending program amid persistent tightness in advanced-node and advanced-packaging capacity — and how it plans to respond to competition from Intel’s EMIB-T advanced packaging and Tesla’s Terafab project.

SpaceX (SPCX.O) shares have slipped below their offering price, triggering heavy short activity. Short positions total roughly 181 million shares, about 28% of the float, yielding approximately $3.88bn in unrealized profits. Since the June 16 closing high, SpaceX’s market cap has fallen by about $860bn, roughly one-third. Investors are watching the company’s imminent first quarterly report and forthcoming lock-up expirations for further price pressure.