A look back at last week's international markets.
At the close on July 25, the Nasdaq fell over 0.6% with chip stocks broadly declining, while the Dow Jones recorded its third consecutive weekly loss.
Among the top 20 stocks by trading volume on July 25, Tesla experienced its largest single-week drop since 2022.
Most popular Chinese concept stocks fell on July 25, with Taiwan Semiconductor Manufacturing Company (TSMC) down 2.88% and Alibaba down 1.66%.
In commodities, Brent crude oil retreated, base metals showed mixed performance, and gold prices edged slightly higher.
European markets advanced, supported by strong corporate earnings and positive economic data.
Macroeconomic Overview
The US and Iran have paused mutual military strikes, leading to higher US stock futures and lower oil prices.
The commander of US Central Command has recommended a halt to strikes on Iran.
Iran's Foreign Ministry confirmed that information exchanges and mediation efforts between Iran and the US are ongoing.
Iran claims that over 288 targets of US military bases in the Middle East were hit during recent conflicts.
Sources indicate Iran is open to a reciprocal ceasefire but remains skeptical of US intentions.
Iran's and Russia's foreign ministers discussed the attack on an Iranian merchant ship and regional developments in a phone call.
Iran's Supreme Leader expressed support for Lebanon's Hezbollah and called for a complete end to Israeli military operations in Lebanon.
The top US commander in the Middle East has recommended a pause in bombing operations in the Strait of Hormuz.
An Iranian merchant ship was attacked in the Caspian Sea. Iran's Foreign Minister stated that a response is unavoidable.
Israel has approved granting immunity to personnel of the international stabilization force in Gaza.
Corporate Developments
Nvidia has secured memory supply from SK Hynix as part of a $500 billion artificial intelligence deal.
From Silicon Valley to Washington, the tech world has suddenly become obsessed with an AI concept known as "distillation."
ChatGPT can produce detailed tutorials on creating biological weapons. The company is only banning the accounts of users who ask such questions.
Elon Musk's The Boring Company is in talks for a new round of funding, targeting a valuation of $200 billion.
Commentary and Analysis
An Iranian parliamentarian strongly criticized the US for breaching agreements, calling for an end to negotiations with Washington and a firm response.
Israel's Prime Minister stated that his visit to the US aims to understand the US President's stance on the Iran issue.
UK's new Prime Minister Burnham said he is prepared to criticize Trump when necessary.
Suddenly, short selling has doubled! Wall Street's "big short" is acting again. Is the AI "wolf" finally here?
The US said it is pausing military strikes on Iran to create room for negotiations.
For the second consecutive night, the US has paused attacks on Iran, escalating tensions in the Red Sea.
The US and Iran have signaled de-escalation, with both sides reportedly interested in reviving a temporary ceasefire agreement.
The US has paused its nighttime strikes on Iran as conflict between the Houthi rebels and Saudi Arabia escalates.
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Editor: Li Tong
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