Fed's Collins said that, given limited additional tariffs and progress toward reopening the Strait of Hormuz, disinflation is the most likely outcome.

Axios reports Cisco (CSCO.O) is partnering with Supermicro (SMCI.O) to add high-performance AI servers to its NVIDIA-backed infrastructure portfolio, extending beyond networking to sell more AI compute hardware. Cisco says the deal will add high-density liquid-cooled and air-cooled systems to its Secure AI Factory solution. Cisco says it is stepping up AI infrastructure efforts, betting compute demand will not slow in the foreseeable future.

泰國工業聯合會：泰國7月國內汽車銷量同比增長20.07%。（6月同比增長17.26%）