高盛TMT交易专家Peter Callahan指出，本轮财报季后，软件板块内部的AI叙事正在发生变化。此前市场更担心生成式AI削弱传统软件公司的护城河，但数据基础设施和开发工具领域已开始从「AI逆风」转向「AI顺风」，Cloudflare、Palantir、Datadog、Twilio、Atlassian等公司受到更多关注；相比之下，传统SaaS应用公司能否建立同样清晰的AI受益逻辑，仍有待验证。 背后的变化是，AI商业化开始从模型训练向推理、Agent和自动化应用延伸。Cloudflare披露，非人类流量已经超过人类流量，并预计如果当前趋势延续，机器产生的网络请求还将快速增长。这意味着AI不一定只是软件公司的替代者：对于承载数据、API、网络流量、安全和开发工具的平台而言，Agent数量和调用频率增加本身就可能成为新的需求来源。 因此，软件行业正在出现明显分化：AI是否构成利好，越来越取决于企业处于应用层还是基础设施层，以及能否直接从AI流量增长中变现。

Drone strikes damaged three grain terminals at Russia’s Black Sea port of Novorossiysk, including a United Grain Company processing plant where a loading conveyor collapsed, and hit loading corridors and truck-unloading facilities; the Kosk grain terminal was also struck. The attacks occurred as Ukraine has stepped up strikes on key maritime infrastructure. Russia and Ukraine have recently increased attacks on each other’s Black Sea commercial vessels and ports, stoking grain supply concerns and helping push wheat to a two-year high in July. The two countries together supply more than a quarter of global wheat exports, and farmers are in the mid-season harvest.

President Zelenskiy said Ukraine has submitted a proposal to the U.S. negotiating representative to end the war with Russia.