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8/11
17:29
The Panama Canal has seen its transit fees reach a record high, primarily driven by the El Niño weather phenomenon, which has caused falling water levels. This could lead to a limitation of transit slots through the crucial maritime passageway. Additionally, the Iran war is contributing to the shipping choke points.
17:18
Lumentum reported blowout earnings and an upbeat forecast, driven by surging demand for AI infrastructure, though its stock was largely flat after hours.
16:37
One analyst believes that a lack of clarity around Oracle’s future AI spending plans is keeping investors on the sidelines.
16:27
The AI infrastructure provider reported revenue that topped Wall Street expectations, with its revenue backlog now standing at $104 billion. However, the company's net loss increased to $626 million from $290 million a year ago, and it holds $35 billion in debt on its balance sheet, primarily to cover the cost of Nvidia GPUs and other equipment. CoreWeave has recently secured an additional $21 billion commitment from Meta, a multi-year agreement with Anthropic, and a $6 billion commitment from Jane Street.
16:18
The Commodity Futures Trading Commission (CFTC) has filed new charges against a Florida man, alleging he misappropriated $48 million of customers' money within the scheme.
15:55
Iranian General Mohammad Reza Naghdi stated the country could maintain missile and drone production even through years of conflict, claiming Iran would retain the ability to continue launching ballistic missiles throughout a prolonged war.
15:47
Trend funds (commodity trading advisors, CTAs) have increased their short bets on global bonds to a record level, with assets under management estimated to exceed $400 billion. UBS data shows that CTA's profit and loss exposure is approximately $300 million for every 1 basis point change in 10-year US Treasury yields ahead of inflation data, the highest level since UBS began compiling this data in 1990. The market is closely watching the US July Consumer Price Index (CPI) report, to be released on Wednesday evening Beijing time, which could strengthen or weaken expectations of a Federal Reserve rate hike as early as September, and potentially trigger a bond rally, forcing CTA shorts to face pressure to cover their positions.
15:47
Despite the S&P 500 index repeatedly hitting new historical highs and corporate earnings increasing by 32% year-over-year in Q2, investor anxiety continues to spread. Fund inflows into passive investment tools have slowed, and short sellers have outnumbered long positions in 20 of the past 25 weeks. Quantitative firm 22V Research points out that current market sentiment is severely disconnected from economic fundamentals, and historically, such "excessive pessimism" often presages a rebound. The firm projects expected returns for the S&P 500 index to be 1.6% over the next 1 month, 5.1% over the next 3 months, and 7.8% over the next 6 months.
15:43
Kelsey Berro, a fixed income portfolio manager at JPMorgan Chase Asset Management, stated that despite recent signals of slowing inflation and market expectations of only a modest 0.2% month-over-month increase in core CPI, the Federal Reserve remains cautious as core PCE inflation is still above 3%. Berro emphasized that a single data point will not determine the Federal Reserve's next move, and key economic data, including CPI, PPI, and employment reports, as well as the Jackson Hole Symposium, are expected in the coming weeks. The market continues to price in potential rate hikes, reflecting the Federal Reserve's possible strategy of implementing "preemptive rate hikes" amid persistent high inflation data and a stable labor market.
15:40
Carmignac Gestion固定收益基金经理Marie-Anne Allier表示,尽管能源价格上涨和地缘政治紧张局势对债券市场的负面影响已大部分被市场消化,但食品通胀是一个尚未完全反映在债券价格中的迫在眉睫的风险。她指出,恶劣天气、俄罗斯与乌克兰冲突导致的粮食出口中断以及厄尔尼诺现象,可能在未来六到十二个月内引发新的食品价格供应冲击。
15:19
OpenAI announced the release of a dedicated ChatGPT desktop app for Linux operating systems this week, fulfilling a highly requested feature from the open-source developer community. The app, available in preview, supports various distributions including Ubuntu 24.04 and 26.04 LTS, Debian 13, and Fedora 43 and 44, and is a worldwide release. This move brings ChatGPT, ChatGPT Work, and Codex to Linux users, though it follows Anthropic's Claude desktop app for Linux, which launched about a month prior.

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