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The death toll from the earthquake in Colombia has reached 202.

On August 12th, Tencent released its Q2 2026 financial report, showing that AI products such as Hunyuan, Yuanbao, WorkBuddy, CodeBuddy, and Xiaowei contributed 10.5 billion yuan to non-GAAP operating profit, a significant increase compared to Q1. Tencent President Martin Lau, when discussing how Tencent allocates its AI product investments, stated that the situation is currently very dynamic. Tencent will be cautious in its investments until it sees a truly explosive opportunity, but will increase investment once an opportunity is identified, with an overall long-term investment focus. For example, WorkBuddy is experiencing explosive growth, so it has been prioritized in current investments, reducing the priority of other products. As time goes on, the economic benefits will gradually become apparent, and profitability will naturally follow at some point. He emphasized that if Tencent were to change its business model to simply renting out computing power, it would not only avoid losses but also generate profits. Tencent always has this alternative plan, which gives it "relative confidence."

Alphabet (GOOG.O) shares hit an intraday low, falling 0.5% after Google raised the price of its new phone.

Google launched the Pixel 11, 11 Pro, 11 Pro XL and 11 Pro Fold phones.

Google has announced an upgraded Pixel Watch 5, starting at $399.

August 12th - According to Tianma Microelectronics, Honor officially launched the Honor Robot Phone on August 12th. As a long-term strategic partner of Honor, Tianma Microelectronics exclusively supplied the screen for this model, deeply customizing the Tianma Tiangong screen high-end OLED display solution. This marks the first time the Tiangong screen has been applied to an AI terminal with embody interactive capabilities.

Market news: The United States is considering establishing a committee composed of officials from multiple countries to oversee the implementation of the framework agreement in Lebanon.

On August 12, Bill Adams, chief U.S. economist at Fifth Third Commercial Bank, said: "The July CPI report barely met the threshold that would have prompted the Federal Reserve to keep interest rates unchanged at its next meeting in September. Fed policymakers have already signaled in July that core inflation must improve between now and the September meeting in order to avoid raising interest rates."

The document shows that the European Central Bank expects integration to be "challenging and enduring," noting the tensions and disagreements that exist within it.

On August 12th, Karen Manna, Head of Fixed Income Investments at Federated Hermes, stated, "This expected CPI report didn't provide enough new information, nor did it give the Fed a compelling reason to change its policy direction. At the same time, the report also means that the possibility of a Fed rate hike in the fourth quarter remains. However, before taking that action, the Fed may need to see more evidence that inflation is accelerating again."

On August 12, Chris Zacarelli, chief investment officer of Northlight Asset Management, said: "This CPI report was not surprising. All the data was in line with expectations. The biggest surprise was that inflation did not accelerate again. Coupled with the recent weak jobs report, this gives the Fed more time to wait and see."

Russian governor: Ukrainian attack on the port of Novorossiysk has killed three people and injured 24.

Ukrainian President Zelensky: Since January, Ukraine has liberated 745 square kilometers of land.

US-listed optical communications stocks rallied, with Lumentum up 5%, Coherent up 6%, and Marvell Technology (MRVL.O) and Corning (GLW.N) up about 5%.

Nokia shares continued to rise, recently gaining 10%, making it the second-best performing stock in the European Stoxx index.

Coreweave shares surged 22%, while Nebius rose 18%.

The Dow Jones Industrial Average opened 14.50 points higher, or 0.03%, at 53,806.35 on Wednesday, August 12; the S&P 500 opened 27.19 points higher, or 0.35%, at 7,755.28; and the Nasdaq Composite opened 189.14 points higher, or 0.71%, at 26,634.59.

On August 12, the People's Bank of China released its 2026 Q2 China Monetary Policy Implementation Report. The report shows that my country's moderately loose monetary policy continues to take effect, social financing conditions are relatively relaxed, and the quality and efficiency of financial services to the real economy are continuously improving. The report indicates that my country's banking system has ample liquidity, the total amount of financial funds is growing reasonably, and the allocation of credit funds continues to be optimized. At the end of June, loans to technology, green, inclusive finance, elderly care, and digital economy industries continued to grow faster than the overall loan growth rate. The interest rates for newly issued corporate loans and mortgages are both around 3%, and the overall social financing cost is operating at a low level.

Kuwait News Agency: Kuwait claims it has thwarted a "terrorist plot" to attack a key facility.