Real-time News

Hang Seng Index futures closed up 0.49% at 25,790 points in overnight trading, a premium of 122 points.

Musk: We are working hard to make Grok Build very easy to use for non-technical users as well.

A senior executive at Petrobras, Brazil's state-owned oil company, stated that the company's investment plan for the period from 2027 to 2031 aims to enable Brazil to achieve self-sufficiency in diesel production.

European Commission President Ursula von der Leyen: We welcome the US Senate's passage of sanctions against Russian energy.

The United States has added 13 entities to its sanctions list related to Iran.

Claude: Starting August 14th, the default permission mode for Claude Code users (Pro, Max, and Team) will be changed to Automatic mode. Automatic mode uses a separate classifier to review shell commands and actions. In testing, this mode identified 89% of dangerous commands, compared to only 14% identified by the manual approval mode.

The U.S. Senate on Friday approved Brett Matsumoto as director of the Bureau of Labor Statistics by a vote of 51 to 47.

The U.S. Senate voted to confirm David Cummins as administrator of the Transportation Security Administration and Phelan as chairman of the Council of Economic Advisers.

Iranian Foreign Minister Araqchi: Facing the world's most expensive military force, Iran's powerful armed forces have demonstrated their combat readiness, capabilities, and strength.

Marathon Oil (MRO.N) reported that a compressor leak was discovered during an equipment inspection at its Galveston Bay, Texas refinery, resulting in an emission from the RHU-FUGIT F-480 unit. A maintenance plan is underway to isolate the affected equipment and stop the leak.

Market news: The Pentagon has allocated a budget and set a timetable for the classified "Golden Dome" space program.

According to the Wall Street Journal, Ford's (FN) four-door Mustang was unveiled at a dealer event this week. The vehicle is expected to be available before the end of the decade.

According to the Wall Street Journal, Ford Motor Company (FN) plans to launch a new four-door Mustang model.

SpaceX (SPCX.O): The SpaceX recovery team is still working on the Starship recovery operation for the 13th flight mission in the Indian Ocean.

On August 8th, U.S. Treasury Secretary Bessant posted on social media: "Today's jobs report underestimates the underlying strength of the real economy: businesses are being built, factories are producing, and worker productivity is increasing. July marked the fifth consecutive month of job growth in goods-producing sectors. So far this year, goods-producing sectors have created 105,000 jobs, marking the strongest seven-month start since 2023. Furthermore, second-quarter productivity growth more than doubled expectations, creating favorable conditions for sustained U.S. economic growth and real wage increases for U.S. workers. Strong third-quarter economic growth expectations further indicate that the U.S. economy is poised for accelerated growth. As the U.S. produces more and worker productivity continues to rise, the U.S. economy will benefit: higher wages, stronger businesses, more consumer choice, and economic expansion built on supply-side strength that can reduce inflation, rather than relying on short-term stimulus effects."

U.S. Treasury Secretary Bessenter: The economy is expected to accelerate.

According to Reuters, the White House sent a letter to Federal Reserve Governor Cook dated August 5, requesting her to provide a written response to related statements within 21 days.

Intel (INTC.O): Greg Ernst will leave Intel after 27 years in the company.

Intel (INTC.O): Appointed Dean Jarnac as Executive Vice President and Chief Sales Officer.