Tuesday's News Links

[CNBC] S&P 500 is little changed as oil prices stabilize, Nvidia gains: Live updates

[Reuters] Oil prices rise, Asia stocks drift amid US-Iran stalemate

[Yahoo/Bloomberg] Gold Touches $4,400 as Traders Turn Focus to US Inflation Data

[CNBC] Intel upsizes stock offering to $20 billion at $95 per share as AI demand accelerates

[Yahoo/Reuters] US small-business sentiment rises to 11-month high in July, labor shortages a worry

[Reuters] Three killed in attacks on ships in Red Sea, Gulf, sources say

[Reuters] Gulf shipping traffic via Strait of Hormuz falls to six vessels

[Yahoo/Bloomberg] Trump Hardens Stance on Iran, Clouding Hopes for Hormuz Deal

[AP] Live updates: Trump pivots back to sanctions for Iran as other strategies to end his war fizzle

[Yahoo/WSJ] Why the Real Oil Squeeze Is Happening in Refineries

[AP] Trump used elaborate ruse to fly out of Turkey following summit because of Iran threat, report says

[Telegraph] Worst period for hedge funds since 2008 after AI stock rout

[Bloomberg] US Small-Business Optimism Rises to an Almost One-Year High

[Bloomberg] Dudley: Warsh Has Deeper Problems Than a Rocky Start at the Fed

[Bloomberg] Why Restoring Normal Traffic to the Strait of Hormuz Is Proving So Difficult

[Bloomberg] Rhine River Shipping Stalls as Water Level Hits Record Low

[NYT] Wall St. Wants Another Half-Trillion Dollars for the A.I. Boom

[NYT] As Credit Card Debt Mounts, Home Becomes a Piggy Bank

[NYT] In a Summer of Climate Misery, Businesses Confront the Need to Adapt

[WSJ] Global Bond Yields Climb Due to Inflation Fears

[WSJ] Private-Credit Firms Clamp Down on Loan Sweeteners in Fear of ‘Shadow Defaults’

[WSJ] Iran’s Mysterious Ruler Signals a Hard Line on Trump With New Leadership

[WSJ] Gulf States Accept a New Normal in Hormuz: Iran Is in Control

[WSJ] Inflation Reports Could Test Warsh’s Tough Talk

[WSJ] Insurance Risks Remain High as Wildfire Threat Rises, Swiss Re Institute Says

[WSJ] America’s Mortgage King Lost $600 Million and Needed a Rescue

[FT] Volatility tumbles as markets shrug off Middle East risks

[FT] Yen sinks as effect of US-Japan intervention fade

Monday Evening Links

[CNBC] Stock futures are steady as investors weigh Iran, Hormuz deal prospects: Live updates

[Yahoo/Bloomberg] Bessent’s Whatever-It-Takes Yen Pledge Masks Limited Firepower

[CNBC] Nvidia lines up $500 billion in financing as CEO Jensen Huang tells CNBC his chips are ‘investable asset’

[Yahoo/Bloomberg] Five Takeaways From Zuckerberg’s 6,500-Word Manifesto on AI

[AP] Contiguous US breaks its record for hottest month ever, NOAA says

[Bloomberg] Fed’s Hammack Says ‘Some Number’ of Rate Hikes May Be Needed

[Bloomberg] AI-Dominated Leveraged ETFs Are Rattling Markets

[Bloomberg] Trump Downplays Talks With Warsh Amid Fed Independence Doubts

[FT] Iran’s supreme leader tightens grip with top appointments

Monday Afternoon Links

[Reuters] Wall St muted as markets monitor Hormuz situation; data awaited 

[Yahoo/Reuters] Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

[CNBC] Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983

[AP] Trump scoffs at Iran’s demand for war reparations and other Mideast developments

[Yahoo Finance] Cleveland Fed's Hammack: It will take more than one interest rate hike to bring down inflation

[Yahoo/Reuters] Nvidia, Wall Street firms partner on $500 billion AI financing venture, source says

[MarketWatch] The size of the American workforce has fallen by over 1 million people in the past year.

[Bloomberg] US High-Grade Bond Market Sees the Most Issuers Since January

[Bloomberg] Investors Abandon Hedges in Order to Chase Soaring Stocks

[Bloomberg] AI-Focused Hedge Fund VARA Drops 44% in July on Stock Plunge