Iran's Press TV reports multiple explosions in the Al-Dair area of Basra province in southern Iraq.

圖中五年期CDS顯示，Meta與博通的違約保護成本已升至約90個基點，英偉達、亞馬遜和Alphabet也升至約65—70個基點，均處於近期紀錄高位。以90個基點計算，爲1000萬美元債務購買一年保護約需9萬美元。Oracle的壓力更突出，其五年期CDS已從年初144個基點升至215個基點。 這並不意味着債市判斷科技巨頭即將違約，而是開始提高對AI融資不確定性的風險補償。高算力企業的資本開支預計今年達到約8750億美元，Alphabet與Oracle近期自由現金流已轉負，部分公司還通過發債、租賃和融資擔保繼續擴建數據中心。 債市擔心的是：投入節奏不斷上調，但AI收入、利潤及現金回收速度尚難預測。不過，單一公司CDS交易可能較爲清淡，小額交易也可能放大價格變化，因此當前更接近信用信心折價擴大，尚不能直接定義爲違約危機。

CITIC Construction Investment research says lithium has over-discounted prospective loosening; weekly inventories continue to fall and prices are oversold in the near term. Fundamentals remain strong for the year and supply stays tight: Baichuan data show several lithium-salt plants have announced maintenance, creating phased output cuts this month and next that should tighten short-term supply; heavy snow in South American salt lakes may further hit Q3 production and shipments. Demand has not softened through the July–August off-season—demand appears front‑loaded and downstream rigid procurement is supporting prices. Maintenance-driven supply reductions plus robust demand are continuing to draw inventories, underpinning a price floor and raising the odds of stronger prices into September–October.