Yemeni Houthi forces deny launching an attack on Medina in Saudi Arabia.

FITCH affirms Abu Dhabi's rating at AA with a stable outlook.

Shares of Meta Platforms, Alphabet and Intel fell sharply, erasing gains for investors who bought recent follow-on share offerings and pushing many positions below subscription prices. The sell-off intensified after Alphabet’s Wednesday results showed search and other ad revenue below expectations and Intel warned of supply-chain issues for data-center components. The moves have heightened doubts about the sustainability of large AI infrastructure investments and the market’s capacity to absorb major AI-related equity issuance. Continued weakness will complicate issuers’ fundraising and makes Anthropic’s chances of matching or exceeding SpaceX’s record IPO haul earlier this year more uncertain.