News

Texas Governor: CleanSpark will comply with data center standards.

Texas Governor: Google and Rowan will comply with data center standards.

Market news: The United States has launched a plan to accelerate trade in artificial intelligence products among its allies.

Alphabet (GOOG.O) shares hit an intraday low, down 0.5%, after Google raised prices on its new phones.

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

Market news: India and the Southern Customs Union of Africa have signed a document outlining their terms of reference, initiating negotiations on a preferential trade agreement.

JPMorgan believes the Federal Reserve will keep interest rates unchanged because "non-sticky inflation" has eased concerns.

German regulators have pointed out governance issues at UniCredit in documents filed with the European Central Bank.

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

Documents show that the European Central Bank has made a preliminary ruling that there is "no reason to oppose" UniCredit's acquisition of Commerzbank.

The documents show that despite concerns about governance and integration, the European Central Bank is inclined to approve UniCredit's takeover bid for Commerzbank.

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

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%.

1. US core inflation was moderate in July. Excluding volatile food and energy prices, core CPI rose 0.2% month-over-month and 2.5% year-over-year, the slowest pace since March 2021. 2. Energy and gasoline prices fell for the second consecutive month, while grocery prices declined for the first time since March, at least partly due to a record drop in lettuce prices during the Cyclospora outbreak. Housing prices rose 0.1% month-over-month, accounting for two-thirds of the overall CPI increase. 3. The AI ​​boom was clearly reflected in computer software and accessories prices, which surged 21.2% year-over-year, a record high; price increases for computers, accessories, and smart home assistants were also the largest in over four years. 4. Following the data release, traders slightly reduced their bets on a September rate hike by the Federal Reserve.

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

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.

The Russian Foreign Ministry stated that the attacks in Ukraine have exacerbated global food shortages and driven up global food prices.

Russian intelligence sources claim that Ukraine is using Western intelligence agencies to attack transportation and logistics infrastructure and ships in the Sea of ​​Azov and the Black Sea.

According to Interfax news agency, citing Russian official sources, Russia will continue to crack down on ships carrying Western weapons to Ukraine.

The NATO Council condemned Russia for "violations" of Polish and Romanian airspace.