Market sources: CENTCOM commander will discuss the second-phase transition in Gaza during a visit to Israel.

Torsten Slok, chief economist at Apollo Global Management, said inflation is no longer just an economic problem but a matter of Federal Reserve credibility. Inflation has run above the Fed’s target since 2021, and its persistence has been "very, very long," he said.

Berkshire Hathaway A (BRK.A.N) reported Q2 2026 revenue of $12.983 bln, down from $92.515 bln a year earlier, and net income attributable to shareholders of $25.667 bln versus $12.37 bln a year ago. Cash and equivalents fell to $364.7 bln from $397.0 bln at end‑Q1. Fair value of fixed‑income investments totaled $17.034 bln, comprising $3.002 bln in US Treasuries, $12.668 bln in foreign bonds and $1.364 bln in corporate bonds. Sixty‑six percent of the fair value of equity holdings is concentrated in American Express, Apple, Bank of America, Alphabet and Coca‑Cola.