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7/31
23:57
Yemen's Houthi rebels have denied reports of plans to charge ships for passing through the Red Sea, stating that passage through the waterway remains free. The Houthi-run Humanitarian Operations Coordination Center (HOCC) issued a statement clarifying that its "safe transit service" is voluntary and free of charge, urging shipping companies not to make payments to unauthorized parties. This denial follows a Reuters report earlier this week, which cited regional sources suggesting the Iran-aligned Houthis were considering imposing fees on ships transiting the vital Bab al-Mandeb Strait.
22:53
India's state of Kerala is reportedly facing challenges in providing care for its aging population, a situation attributed to its low fertility rate.
22:51
U.S. stocks posted strong results during the second-quarter earnings season. As of July 31, 64% of S&P 500 components that had reported earnings exceeded consensus market expectations for earnings per share (EPS) by at least one standard deviation—one of the highest levels on record.Excluding “other income” from equity investments by tech giants, the S&P 500’s second-quarter EPS growth reached 26% year-over-year, the fastest pace since 2021; when including this income, the overall growth rate soared to 45%, far exceeding the market’s previous expectation of 22%.

Meanwhile, hyperscale cloud computing providers such as Alphabet, Amazon, and Microsoft reported combined capital expenditures (capex) of $182 billion for the second quarter. Revenue from their cloud businesses grew 48% year-over-year, a significant acceleration from the 39% growth recorded in the first quarter, indicating that returns on AI investments are materializing at an accelerating pace.Analysts predict that capital expenditures by hyperscale cloud computing providers will exceed $1 trillion by 2027—an upward revision of more than $125 billion from pre-earnings season forecasts—as investment in AI infrastructure continues to expand.Although earnings exceeded expectations, the market’s reaction to the technology, media, and telecommunications (TMT) sector was relatively subdued. However, AI infrastructure-related stocks contributed approximately one-third of the S&P 500’s earnings per share (EPS) growth in the second quarter and are expected to rise further to over 50% in the second half of 2026 and throughout 2027.
12:36
100 million USDC (approximately $100 million) were burned on-chain
12:22
The US Treasury is exploring the possibility of deploying a portion of its substantial cash reserves into the repurchase agreement (repo) market. This move revives an idea first considered two decades ago and could significantly alter the dynamics of the roughly $13 trillion funding market, which is a critical component of the financial system.
12:20
Former U.S. President Donald Trump has expressed strong caution regarding Ukraine building missiles, stating, "We have to be very careful about letting somebody build them." He added that the U.S. "has not agreed to that" and that he "doesn't think this would ever happen."
12:17
US Treasury yields have risen, with data from Treasury Inflation-Protected Securities (TIPS) indicating that the increase is driven by rising real yields rather than inflation. This dynamic is seen as weighing on non-yielding assets such as Bitcoin.

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