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Snap (SNAP.N) shares rose more than 9% in after-hours trading.

Snap (SNAP.N) expects third-quarter revenue of $1.7 billion to $1.74 billion.

Snap (SNAP.N) reported revenue of $1.6 billion for Q2 2026, compared to market expectations of $1.541 billion and $1.345 billion in the same period last year.

On Semiconductor (ON.O) reported Q2 2026 revenue of $1.6 billion, compared to market expectations of $1.59 billion; it expects Q3 revenue to be between $1.65 billion and $1.75 billion, compared to market estimates of $1.67 billion.

Palantir (PLTR.O) reported revenue of $1.93 billion in Q2 2026, compared to market expectations of $1.805 billion and $1.003 billion in the same period last year.

The Dow Jones Industrial Average rose 693.38 points, or 1.32%, to close at 53,178.41 on Monday, August 3; the S&P 500 rose 110.78 points, or 1.48%, to close at 7,600.50 on Monday, August 3; and the Nasdaq Composite rose 540.04 points, or 2.13%, to close at 25,913.90 on Monday, August 3.

On August 4th, Evercore ISI stated that prolonged use of the Federal Reserve's foreign and international monetary authorities repurchase facility could prompt the market to test the resolve of the US and Japan to maintain the yen's exchange rate. This facility allows overseas institutions to obtain dollars using their holdings of US Treasury bonds as collateral, without having to raise cash by selling bonds in the open market. However, each counterparty has a daily limit of $60 billion. Evercore strategists noted that this limit is only slightly higher than the estimated amount Japan used to intervene in the foreign exchange market last Thursday. "We believe there is a counterproductive risk in the market focusing on the capped repurchase facility; if strengthening the yen requires large-scale sales of US Treasury bonds, this could prompt the market to test the resolve of the US and Japan," they said. They added that the facility is designed to provide short-term liquidity support, not as a persistent source of funding, so any borrowing must be rolled over for continued use. Furthermore, the facility is "relatively expensive," and the Federal Reserve intends to set these rates above the cost of private repurchase financing, indicating that the facility is not intended for daily financing or sustained foreign exchange intervention.

The governor of Bushehr province, Iran, said that the South Pars gas field has resumed production of 60 million cubic meters of natural gas.

U.S. Democratic Senator Mark Warner: Trump cannot stop his wavering stance. He threatened airstrikes against Iran, then canceled them citing an impending agreement, and now negotiations have broken down again. This war he chose to wage has lasted five months, but there is still no sign of it ending.

The New York State Attorney General stated that Trump's new tariffs are too broad and bypass investigations targeting specific countries, disregarding legal requirements. Trump's latest tariffs merely replace tariffs previously rejected by the U.S. Supreme Court.

Mohsen Rezaei, military advisor to Iran's Supreme Leader: We did not attack any American citizens, but the United States attacked our country. The vast majority of countries in the world would say that the United States is a belligerent nation.

According to hourly grid monitoring data, the Texas Electric Reliability Council (ERCOT) recorded a record hourly peak load of 91.1 gigawatts (GW) on July 22.

Hang Seng Index futures closed down 0.06% at 25,981 points in overnight trading, a discount of 28 points.

OpenAI: These achievements cover fields such as sphere packing, coding theory, group theory, quantum complexity, lattice cryptography, and extreme value combinatorics. These include proving the existence of non-Sofic groups and achieving exponential improvements to the limits of high-dimensional sphere packing.

On August 4th, the Gaza Peace Committee stated that once Hamas completes its disarmament process, Israeli troops will fully withdraw beyond the Yellow Line in eastern Gaza. This statement was reaffirmed after a meeting between Committee Director-General Nikolai Mladenov and Israeli Prime Minister Benjamin Netanyahu. According to the committee's statement, its ultimate goal is to ensure the "complete disarmament of the Gaza Strip and the transition from gun control to civilian governance." The statement said that the implementation of civilian governance will be "overseen by the International Stabilization Force and the Executive Verification Committee, of which the United States and the Peace Committee are members."

On August 4th, US President Trump stated on Monday that ExxonMobil (XOM.N) and Chevron (CVX.N) were making too much profit due to rising oil prices caused by the Iran war. "They've made too much money based on supply shortages," Trump told reporters at the White House. "I don't like that." ExxonMobil and Chevron reported substantial second-quarter profits last Friday. Chevron's profits surged nearly 400% from $2.5 billion in the same period last year to $12 billion. ExxonMobil's profits more than doubled from $7.1 billion in the same period last year to $14.5 billion. "Chevron, making too much money. ExxonMobil, making too much money," Trump said. "They're going to return some of that to the public, and they'd better lower retail prices, the prices consumers pay."

August 4th - As of 2:30 PM closing, the Shanghai Gold futures contract closed down 0.11% at 882 yuan/gram, the Shanghai Silver futures contract closed up 0.34% at 14,153 yuan/kilogram, and the SC Crude Oil futures contract closed down 1.67% at 540 yuan/barrel.

According to Futures News on August 4th, as of the close of trading at 2:30 PM, the main Shanghai gold futures contract fell by 0.11%, the main Shanghai silver futures contract rose by 0.34%, and the main SC crude oil futures contract fell by 1.67%.