Geopolitics and Macroeconomics - Brent crude prices fell 3% following talks between Iran and Oman regarding a temporary shipping corridor through the Strait of Hormuz, with permanent solutions to be negotiated over 30 to 60 days [5] - The 10-year Treasury notes yielded 4.64%, dropping from previous highs, while Bitcoin traded around 79,000 dollars and gold hovered around 4,600 dollars [4][6] - The White House announced plans to revoke up to 200,000 visas, primarily targeting asylum-seekers amidst a backlog of over 3 million immigration cases [37] - Canada announced dollar-for-dollar tariff retaliation affecting 20 billion dollars of annual U.S. exports, including steel, aluminum, and electronics, prompting the U.S. to weigh further trade penalties [50][54] Technology and Corporate Earnings - Nvidia reported strong investor focus ahead of its quarterly earnings, with the street expecting 99% year-on-year earnings growth, 99% revenue growth, and 75% gross margins [2][55] - Nvidia warned customers of potential price increases of about 15% on servers to account for surging memory chip costs, while free cash flow for the quarter was expected to exceed 210 billion dollars [57][58] - OpenAI reported that its in-house "Jalapeno" branded chips outperformed Nvidia's key processors in tests and plans to deploy them later this year [60] - SoftBank entered talks for a potential 10 billion to 20 billion dollar bond offering as early as September to help refinance a 40 billion dollar bridge loan secured for its investment in OpenAI [85] Energy and Infrastructure - Nano Nuclear Energy signed the first nuclear micro-reactor partnership in the UAE to help power off-grid desert data centers and decarbonize oil and gas fields, with deployment targeted between the 2030s and 2040s [61][70] - Zimbabwe experienced an economic turnaround, with Citigroup expecting inflation to fall and the cash fiscal deficit to balance after dropping to -6.7% of GDP in 2023, supported by gold export earnings jumping 69% to 3.1 billion dollars in the first half of 2026 [75][78]