SanDisk (SNDK.O) shares fell more than 3% in US after-hours trading.

Aug 5 — Great Wall Motor’s WEY CEO Zhao Yongpo denied reports that the Lanshan model has been or will be discontinued, saying production has not stopped and there are no plans to halt it. He said a new Lanshan product is scheduled for Q4 2026.

Iran deputy foreign minister Gharibabadi said on the 5th the United States contacted Tehran 4–5 days after a new round of conflict began, seeking to resolve the issue through negotiations. He said arrangements for the Strait of Hormuz should be negotiated only between Iran and Oman and that Iran will not accept external involvement. Under the new arrangements, existing temporary transit lanes in the strait will be closed and a substantial share of vessel transits will in future pass through Iranian territorial waters.