Real-time News

According to AXIOS: Scale AI has hired former Google Cloud COO Francis deSouza as its new CEO.

Shell CFO: More liquefied natural gas is shifting from Asia to Europe.

Shell CEO: The liquefied natural gas market is expected to experience tension in the next quarter.

Shell CEO: The Middle East war has had a major impact on the LNG spot market.

July 30th - The overall Personal Consumption Expenditures (PCE) price index declined slightly in June, a relatively positive sign for Federal Reserve officials, but inflation remains significantly above the Fed's 2% target. Fed Chairman Warsh stated at a press conference on Wednesday that in addition to the PCE, he will be monitoring a broader range of inflation indicators. Despite the impact of oil prices, US consumers have shown strong resilience, consistent with Warsh's recent view that the US economy remains resilient. Data from the US Department of Commerce shows that consumer spending, a major engine of the economy, grew by 3.2% in the second quarter, recovering from 0.5% in the first quarter.

Saudi Arabia's oil revenue in the second quarter was 185.1 billion riyals.

The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake occurred at 21:39 on July 30 in Luxian County, Luzhou City, Sichuan Province (29.22 degrees north latitude, 105.64 degrees east longitude), with a focal depth of 6 kilometers.

July 30th - Yum China (09987.HK) released its financial results for the second quarter of 2026. Total revenue increased by 13% year-on-year to US$3.1 billion, or 6%, excluding the impact of foreign currency translation. Diluted earnings per share increased by 21% year-on-year to US$0.70, or 14%, excluding the impact of foreign currency translation. Excluding the impact of equity investments valued at market capitalization, diluted earnings per share increased by 10% year-on-year. Net new stores reached 560, a new high for the second quarter, representing a 67% increase compared to the same period last year, with franchised stores accounting for 41% of the net new stores. As of June 30, 2026, the total number of stores reached 19,297, with franchised stores accounting for 18%.

The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.2 occurred at 21:39 on July 30 near Luxian County, Luzhou City, Sichuan Province (29.23 degrees north latitude, 105.64 degrees east longitude). The final result is subject to the official rapid report.

HSBC Holdings: Lowered the asking price of Meta Platforms (META.O) from $905 to $830.

Mastercard (MA.N) rose 3% after reporting second-quarter profits that exceeded expectations.

Qualcomm (QCOM.O) fell 4.2% after the company projected lower-than-expected fourth-quarter profit and anticipated an accelerating decline in revenue from Apple.

White House National Economic Council Director Hassett: (When asked after the release of the PCE data whether he still had confidence in Federal Reserve Chairman Warsh) Of course.

According to CNBC: Artificial intelligence investor and former OpenAI Superalignment team member Leopold Aschenbrenner is closing out his positions after incurring losses.

Bank of England Governor Bailey's press conference has concluded.

Oracle (ORCL.N) will provide the Gemini model to thousands of enterprise application customers.