Overnight US stocks | The three major indexes fell, Brent crude oil rose more than 3%, and Tesla, Inc. (TSLA.US) and Alphabet Inc. Class C (GOOGL.US) both fell after-hours.

On Wednesday, the rise in oil prices put pressure on the U.S. stock market, with all three major indices closing lower. The U.S. conducted the 11th consecutive strike against Iran, with U.S. Secretary of State Pompeo stating that Iran was not "serious about negotiations." Tesla, Inc. (TSLA.US), Alphabet Inc. Class C (GOOG.US), and other companies announced their latest financial reports, with both seeing a post-market decline of 4% and 3% respectively. [US Stocks] At the close, the Dow Jones fell 6.06 points, or 0.01%, to 52,218.58 points; the Nasdaq fell 146.30 points, or 0.57%, to 25,690.90 points; the S&P 500 fell 10.24 points, or 0.14%, to 7,498.96 points. SpaceX (SPCX.US) fell 6.7%, setting a new closing low. NVIDIA Corporation (NVDA.US) rose 2.3%, SK Hynix (SKHY.US) fell 3.8%, Super Micro Computer, Inc. (SMCI.US) rose by nearly 20%, and Dell Technologies, Inc. Class C (DELL.US) rose by 9%. The Nasdaq China Golden Dragon Index closed down 1.8%. [European Stocks] The German DAX30 index rose by 167.79 points, or 0.67%, to 25,160.16 points; the UK FTSE 100 index rose by 127.96 points, or 1.21%, to 10,713.87 points; the French CAC40 index rose by 74.75 points, or 0.89%, to 8,437.89 points; the Euro Stoxx 50 index rose by 32.62 points, or 0.52%, to 6,318.25 points; the Spanish IBEX35 index rose by 190.82 points, or 0.98%, to 19,569.62 points; the Italian FTSE MIB index rose by 499.91 points, or 0.96%, to 52,785.00 points. [Asian Stock Markets] The Nikkei 225 index fell by 0.18%, and the KOSPI index in South Korea rose by 0.74%. [US Dollar Index] The US Dollar Index, which measures the dollar against six major currencies, fell 0.05% on the day, closing at 101.125 in the forex market. At the close of the New York forex market, 1 euro exchanged for 1.1411 US dollars, higher than the previous trading day's 1.1403 US dollars; 1 pound exchanged for 1.3373 US dollars, lower than the previous trading day's 1.3381 US dollars. 1 US dollar exchanged for 163.13 Japanese yen, lower than the previous trading day's 163.18 Japanese yen; 1 US dollar exchanged for 0.8146 Swiss francs, higher than the previous trading day's 0.8129 Swiss francs; 1 US dollar exchanged for 1.4085 Canadian dollars, lower than the previous trading day's 1.4107 Canadian dollars; 1 US dollar exchanged for 9.7014 Swedish kronor, lower than the previous trading day's 9.7035 Swedish kronor. [Cryptocurrency] Bitcoin hovered around $66,000; Ethereum rose by 0.78% to $1935.74. [Crude Oil] New York Mercantile Exchange's September delivery light sweet crude oil futures prices rose by $2.49 to $86.83 per barrel, up 2.95%; September delivery London Brent crude oil futures prices rose by $3.06 to $94.07 per barrel, up 3.36%. [Precious Metals] Spot gold was trading at $4129.93 per ounce; spot silver was trading at $59.764 per ounce. [Macro News] Houthi rebels claim attack on two Saudi oil tankers, warning of larger attacks on Saudi territory. The Houthi rebels in Yemen issued a statement on the 23rd claiming that in response to what they described as a Saudi blockade on Yemen and to implement their "blockade in response to blockade" action principle, they launched military strikes on two Saudi oil tankers. The statement stated that the attacked vessels were the "ENCELIA" and "LAYLA," which violated the Houthi rebels' previous ban on commercial shipping in the Red Sea. The rebels used ballistic missiles, cruise missiles, and drones to attack the two oil tankers, causing fires on both ships. The statement also said that the rebels forced about 10 ships to turn back. The rebels stated that they would continue to conduct maritime military operations against Saudi Arabia and continue to implement the so-called "blockade in response to blockade" measures. The statement also warned that if Saudi Arabia launches new military operations against Yemen, the Houthi rebels will launch larger attacks on targets within Saudi territory. Trump: Federal government expected to "shut down" in September. On July 22nd, local time, U.S. President Trump mentioned during a speech in Georgia that due to disagreements between Republicans and Democrats on spending priorities, a federal government "shutdown" is expected in September. On July 21st, the Republican-controlled U.S. House of Representatives passed a short-term funding bill that would provide funding for federal government agencies until December 4th, to avoid a "shutdown" due to depleted funds before the midterm elections in November. This temporary funding measure, also known as a "continuing resolution," will be submitted to the Senate for consideration. Currently, Senate Republican leaders are negotiating with Democrats and considering proposing their own short-term funding plan. If Congress fails to pass a funding bill in time, the majority of federal government agencies and projects' funding will expire at midnight on September 30th, the end of the fiscal year. OpenAI raises cloud service spending forecast to $700 billion, invests $30 billion in building data centers. According to reports, OpenAI is expanding the scale of its data centers and increasing its spending budget in the field. OpenAI has raised its spending forecast for computing power to around $750 billion by 2030, up from around $600 billion earlier this year. This increase reflects OpenAI's new agreements with cloud computing service providers to rapidly acquire the massive computing power needed to develop and run AI models. OpenAI announced on Wednesday that it will invest $20 billion to launch the "Camellia" data center project in Effingham County, Georgia. OpenAI's Chief Computing Officer Sachin Katki stated that the company has signed a contract with Georgia Power to obtain 3.2 gigawatts of power supply between 2028 and 2032, with the project expected to cost over $30 billion. This may make the facility one of the largest data centers ever built by OpenAI. It was reported that OpenAI has hired Brent Mayo to help ensure that the data center project progresses as planned; he is one of the main architects of Musk's data center construction projects. Redfin: AI data centers have become a concern for potential home buyers. Real estate brokerage company Redfin stated that over half (53%) of Americans oppose the construction of AI data centers in their communities. About one-third (34%) expressed support. AI data centers are controversial largely due to reports that they consume a large amount of water and electricity resources, which could push up energy costs and raise environmental concerns. They can also disrupt the community environment with noise and the appearance of large industrial buildings. For some, AI data centers also represent broader concerns about AI: 58% of Americans believe that advancements in AI will eliminate job opportunities and make it more difficult for people to afford housing. Real estate agents note that concerns about nearby data centers are becoming more common among home buyers. The older generation is more likely to oppose the construction of data centers in their areas. [Stock News] Tesla, Inc. exceeds revenue expectations in the second quarter but falls short in profits. Tesla, Inc. (TSLA.US) reported revenue of $28.2 billion in the second quarter of 2026, exceeding market expectations of $25.706 billion, but its second-quarter profit was lower than Wall Street expected, a setback for the electric car manufacturer. Tesla, Inc.'s financial report showed an adjusted earnings per share of $0.33, below the average analyst expectation of $0.51. The company also reported negative free cash flow of $10.9 billion. Musk had warned that total spending this year would exceed $250 billion, as the company plans to increase production of cars, batteries, and Siasun Robot & Automation at its six factories to realize its future vision. The impact of this investment is currently reflected in the company's financial statements, and investors are hoping to learn more details about the deployment of funds. Amazon.com, Inc. lays off employees in its General Artificial Intelligence department. Amazon.com, Inc. (AMZN.US) on Wednesday laid off employees in its General Artificial Intelligence (AGI) department, the latest in a series of small-scale layoffs since the massive layoffs in January. "We have been building large AI models for years, which is still one of our most important ongoing work," said an Amazon.com, Inc. spokesperson. "We are focusing on projects that are most important to our customers to accelerate progress in key areas. This focus means making some tough decisions, including cutting some positions in the AGI organization." Apple Inc. reportedly plans to upgrade MacBook and iMac to meet AI demand. Apple Inc. (AAPL.US) is reportedly preparing a comprehensive upgrade to its Mac product line to capitalize on the growing demand for high-performance laptops and desktops driven by the AI boom. Apple Inc. is preparing to release new versions of all its current Mac models this fall and next year, including the highly anticipated desktops, several laptops, and a redesigned MacBook Pro. According to sources, the new computers will start with an updated 14-inch MacBook Pro, which will be one of the first Mac computers to be equipped with the new M6 chip and the first completely redesigned iMac in two years. Alphabet's second-quarter capital expenditures double to $44.9 billion. Alphabet Inc. Class C parent company Alphabet (GOOG.US) saw its second-quarter capital expenditures double, accelerating investments in artificial intelligence infrastructure, while revenue and profits easily exceeded Wall Street expectations. The company's second-quarter capital expenditures on fixed assets and equipment were $44.9 billion, up from $22.4 billion in the same period last year, reflecting ongoing efforts to advance AI infrastructure construction and global computing capacity expansion. In addition, the company raised $49.6 billion through equity issuance and said the proceeds would support capital expenditures and other corporate purposes. Alphabet reported second-quarter earnings per share of $9.11, well above analysts' expectations of $2.88; revenue increased by 24% year-on-year to $119.8 billion, also higher than the market's general expectations of $116.52 billion. Operating profit increased by 30% with an operating margin of 34%. The strong performance was mainly attributed to Alphabet Inc. Class C's cloud business, which saw revenue surge by 82% to $24.77 billion. [Major Bank Ratings] Deutsche Bank Aktiengesellschaft: Raises 3M (MMM.US) price target from $175 to $192; raises General Motors Company (GM.US) price target from $90 to $100.