Morning News: August 4, 2026

Qatar Signals Progress Toward Short-Term Deal Between US, Iran

The Iran War’s Forgotten Captives: Sailors Trapped in the Persian Gulf

Saudi Aramco Reports 33% Profit Surge Despite War’s Disruption

Aramco Sees Oil Refineries Running Flat Out as Buffers Run Thin

BP to Sell U.S. Biogas Unit as Oil Profits Surge

Jet Fuel Made From Tropical Fruit Gets $3 Billion Backing

A Cornered Trump Just Might Turn on Big Oil

It’s the Worst Time to Be John Thune

Bessent Says Yen Level Problematic for Japan, Other Currencies

Bessent’s Yen Rescue to Boost US Pressure on Japan Trade, Rates

Options Traders Cut Long-Term Bearish Bets on South African Rand

Canada Goods-Trade Surplus Widens Slightly With Record Exports, Imports

Paying Down the National Debt Will Not Shrink the National Debt

U.S. Stocks Near a Record High Amid Lull in Iran War

Why Wall Street Is Feeling So Bullish

The AI Boom Is Yet Another High-Tech Hog Cycle

Apollo Debt Deal Fees and Insurance Earnings Rise, Asset Sales Drag

US Consumer Watchdog Supervisor Warned Staff of ‘Unpleasant’ Fallout If They Go Too Hard on Firms

FBI Agent Allegedly Turns Himself in for $1 Million Crypto Theft

A 401(k) Is the Best Retirement Plan, Despite Its Inventor’s Doubts

You’re Not a Failure If You Don’t Own a Home

World’s Biggest Hedge Fund Teaches the Wealthy How to Slash Taxes to Zero

SpaceX’s First Earnings Offer a Chance to Reverse Stock’s Plunge

SpaceX Investors Should Focus on Starship, Not Earnings

The AI Boom Is Transforming the American Economy Beyond Recognition

Anthropic Inks $10 Billion Computing Deal With New Cloud Startup

China’s AI Blitz Creates ‘Death Zone’ for Rival US Model Makers

CoreWeave to Enter Asian Market With Indonesian Data Centers

Caterpillar Surges as Data Center Boom Drives Earnings Growth

Prologis to Buy U.K.’s Segro for $18.8 Billion

Pfizer’s Quarterly Results Beat Expectations on Cancer, Heart Drugs

McDonald’s Names New US President as Growth in Home Market Slows

The Company That Wanted to Make Exactly 10,011 Pairs of Jeans

Huggies Stumble in China After Social-Media Firestorm

Wayfair Swings to Loss on Lower International Sales, Despite U.S. Growth

How the Mohegan Tribe Lost a Billion-Dollar Casino in South Korea

UFC Lost $30 Million on Freedom 250 Event at the White House

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Posted by Eddy Elfenbein on August 4th, 2026 at 7:09 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.