Tuesday, July 21, 2026

Wednesday's News Links

[CNBC] S&P 500 slips as oil prices jump, traders gear up for more earnings: Live updates

[Reuters] Oil climbs over 3% to near six-week high as conflict threatens key oil transit routes

[Reuters] Yen steadies near 40-year low on rate-hike bets, intervention talks

[Axios] Trump vows to bomb Iran's bridges and power plants for each ship attack

[Bloomberg] US Widens Strikes on Iran as Trump Downplays Prospects of Talks

[AP] Iran strikes Jordanian city near Israel as US carries out another wave of strikes

[Yahoo/Bloomberg] Key Oil Chokepoints in Mideast Face Disruption as Threats Mount

[Reuters] Houthi Red Sea threat would challenge a stretched US military

[AP] What to know about Iran’s Pickaxe Mountain, home to an underground nuclear site threatened by Trump

[Yahoo/Bloomberg] High-Risk Bets That Burned Korean Traders Are Making a Comeback

[Yahoo/Bloomberg] Trump Plans 100% Tariff on Generic Drugs From August 2028

[Reuters] OpenAI says AI models went rogue during testing, triggering 'unprecedented' breach at startup

[Yahoo/Reuters] Analysis-AI investment boom puts Big Tech's free cash flow under pressure

[CNBC] Mortgage rates are rising again, but homebuyers are seeing some advantages

[Yahoo/Reuters] Exclusive-US, China to hold AI talks in September, sources say

[Axios] Why China's "national team" buys up stocks

[Bloomberg] Houthi Threats Give Oil Markets a ‘Two Chokepoint Problem’

[Bloomberg] Stavridis: Losing Control of One Strait Was Bad. Let’s Not Make It Two

[Bloomberg] OpenAI Plans to Spend Over $30 Billion on Georgia Data Center

[Bloomberg] The Bitcoin Slump Is Crushing Companies That Stockpiled Tokens

[Bloomberg] Texas Power Demand Poised for Record High as Temperatures Soar

[Bloomberg] Luxury Homes Are Raising Risks for California’s Insurer of Last Resort

[Bloomberg] BOJ Is Said Open to Faster Rate Hike Pace as Yen Adds Risks

[Bloomberg] Katayama Warns of Bold Action as Yen Slides Past 163 Per Dollar

[Bloomberg] Japan’s Electricity Price Hits Highest in Over 3 Years on Triple Blow

[Bloomberg] Japan’s Trade Deficit Widens as Yen, Iran War Inflate Imports

[Bloomberg] Kremlin Hardens Demands on Occupied Land in Ukraine, Blaming US

[Bloomberg] Climate Is ‘Mother of’ Supply Chain Risks, Ex-Bank Chief Says

[NYT] With His Latest Threats, Trump Signals to Iran That He Is Willing to Escalate

[NYT] See How Houthis Put the Red Sea at Risk as an Alternative Oil Route

[NYT] Saudis Reach Deal With U.S. That Could Let Them Enrich Nuclear Fuel

[WSJ] Iran Shows Its Ballistic Missiles Are Still a Force to Reckon With

[WSJ] Trump’s Tariffs Enter New Phase, Ending Months of Calm

[WSJ] OpenAI Models Escaped and Hacked a Company in Cybersecurity Test Gone Wrong

[WSJ] OpenAI’s Planned Cloud Spending Hits $750 Billion as Computing Efforts Ramp Up

[WSJ] Utilities Join Trump Pledge to Limit AI-Driven Increases in Electricity Bills

[WSJ] Private-Equity Assets Stuck in ‘Zombie Funds’ Are at a Record High

[FT] Trump threatens tit-for-tat strikes on Iranian infrastructure

[FT] Tokyo vows to take ‘bold’ action as yen keeps sliding

[FT] How shifts in capital flows could change the dollar’s role

[FT] Private capital misses out as IPO and deal boom lifts Wall Street banks

[FT] The US has collected about $13bn of Venezuela’s oil money. Where is it?