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Inflation driven by geopolitical conflicts, supply chain disruptions, and tariff policies has pushed U.S. inflation well above target levels, creating headwinds for stock market performance.
The U.S. Treasury bought yen to support the Japanese currency, marking the first joint intervention with Tokyo in over a decade as the yen hit 40-year lows.
Jersey Mike’s went public on July 30 at a roughly $7 billion valuation, with Blackstone offering eligible corporate employees bonuses ranging from 0-200% of compensation from IPO proceeds.
Ford raised its 2026 earnings guidance after beating second-quarter expectations, citing operational improvements and strong vehicle pricing. The company’s shares rose nearly 7% in after-hours trading.
Leopold Aschenbrenner’s AI hedge fund Situational Awareness collapsed from a $45 billion peak to roughly $10 billion after forced liquidations of leveraged bets amid semiconductor stock declines.
Silicon Motion reported second-quarter sales of $451 million, a 127% year-over-year increase that exceeded guidance, signaling sustained memory chip demand through 2027 and beyond.
