News

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

Palantir (PLTR.N) shares rose 7% in after-hours trading.

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

Boeing (BA.N) shares surged 8%, marking their biggest one-day gain since December 2025.

US President Trump: Will approve $24.5 million in funding to address severe storms, strong winds, tornadoes and flooding in Missouri.

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.

Mohsen Rezaei, military advisor to Iran's Supreme Leader, stated that in the final days of the conflict, Iran intensified its drone and missile strikes against US bases. US bases in Kuwait suffered severe damage, Erbil was evacuated, and US commanders were transferred from Jordan to occupied territory. These developments forced US Central Command to withdraw its command and logistical support forces from the Strait of Hormuz strike zone, ultimately leading to the failure of the US ground offensive.

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.

Mohsen Rezaei, military advisor to Iran's Supreme Leader: After the United States stopped its attacks, we launched attacks for two more days to make them understand the situation.

Court documents show that 25 U.S. states have filed lawsuits challenging Trump’s latest tariff measures.

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.

Mohsen Rezaei, military advisor to Iran's Supreme Leader: The United States accepted Iran's arrangements regarding the Strait of Hormuz under the framework of the (Islamabad) Memorandum of Understanding, but subsequently violated the agreement. The United States not only violated the Memorandum of Understanding, but also launched attacks without first submitting the dispute to the designated dispute settlement committee. In the 17 days of fighting following the violation of the Memorandum of Understanding, we inflicted heavy blows on the United States.

Mohsen Rezaei, military advisor to Iran's Supreme Leader: We possess missiles and have the capability for self-defense. Even if the United States sends warships into the Strait of Hormuz through unauthorized routes, we will strike them.

The S&P 500 has broken through 7,600 points for the first time since June 3, and is currently up 1.5%, just about 20 points away from setting a new record high.

US President Trump: (Regarding Iran) I have no time limit.

US President Trump: I hope to give Iran one last chance before taking drastic measures. I hope Iran can regain its senses.

US President Trump reiterated that oil companies should do a better job of lowering retail prices.

US President Trump: Believes the US will establish a very good relationship with the British Prime Minister.

Shares of Chevron (CVX.N) and ExxonMobil (XOM.N) plunged, currently down 2.2% and 0.8% respectively, after Trump said Chevron and ExxonMobil were "making too much money".