🛢🇸🇦 Saudi Arabia is engaging in negotiations with the Houthis through Omani intermediaries to establish a ceasefire and de-escalation, according to BBG. The kingdom aims to leverage behind-the-scenes diplomacy to mitigate the conflict, which has adversely affected its oil industry and economy. Additionally, Saudi Arabia is preparing military options should diplomatic efforts fail.

🇺🇸 CoreWeave is entering the Asian market and will construct its first data center in Indonesia. The company, which has seen a 5% increase in its stock, aims to expand its operations significantly in the region.

🌕 Platinum prices are on the rise, while gold and silver remain steady for now.

🚫🇷🇺 FESCO has temporarily suspended the acceptance of new shipping requests through the Black Sea following the incident involving the vessel "Yaniina." The company stated that this decision will remain in effect until risk factors are thoroughly assessed and solutions are developed.

🛢🇷🇺 Russia has sharply reduced its crude oil exports following a temporary shift in priorities from Ukrainian drone strikes, which has benefited local refineries. However, a resurgence of attacks on these processing facilities could lead to an increase in exports in the coming weeks, according to reports. — BBG

🌟 Developers of Ethereum have introduced proposal EIP-8361 aimed at further reducing the inflation of ETH.

🚨 President Putin has officially signed a law that prohibits the buyback of shares by foreign investors. This move reflects Russia's ongoing efforts to regulate foreign ownership in its markets. For more details, visit the link here.

✨ Vladimir Putin has signed a law extending the mandatory deposit insurance system to clients' electronic money (EDC) in banks. The move aims to enhance the protection of digital financial assets for consumers in Russia.

🚨 The Republican Senate Majority Leader, Chuck Schumer, reiterated his hope to vote on the cryptocurrency market framework bill, known as the CLARITY Act, this week before Congress takes its summer recess.

💥🇺🇸 The SP500 index has surpassed the 7,700 mark, signaling a significant milestone in the U.S. stock market. Investors are closely monitoring this development as it reflects the ongoing trends and economic conditions affecting the market. For more insights, visit here.

🛢️ Oil prices have dropped by 6% today, with no official statements or comments from Iran contributing to the decline. The decrease is reportedly influenced by media publications and remarks from representatives of the Trump administration. For more information, visit here.

🌍 President Putin has authorized foreign investments in wind farm shares managed by "Forward Energy." This decision also extends to transactions involving entities linked to the wind energy fund "RUSNANO" and Fortum.

⚠️🛢 Iran is considering allowing Europe to clear mines in the Strait of Hormuz, according to reports. However, no official comments from Iranian authorities have been released yet. For more details, visit BBG.

💥 US and EU stock markets have reached new record highs, reflecting strong investor confidence and economic growth. The upward trend in equities indicates a robust recovery post-pandemic, with various sectors showing significant gains. Analysts suggest that this momentum may continue as companies report positive earnings and economic indicators remain favorable. Investors are closely monitoring the market for further developments. For more details, visit this link.

🛢 Iran has provided updates on ongoing discussions with Oman regarding the Strait of Hormuz. The Iranian Foreign Ministry stated that the negotiations are currently viewed as positive on both technical and political levels. Iran, in collaboration with Oman, is working on establishing necessary mechanisms for future agreements to regulate shipping in this strategic waterway.

⚠️🇺🇸🇷🇺 The U.S. Senate may vote on amendments to the bill concerning "hellish sanctions" against Russia. Provisions granting unlimited powers to Trump regarding tariffs, which have sparked disputes among lawmakers, could be removed from the bill. If the amendments are approved, the passage of the "hellish sanctions" legislation could be expedited. -- Punchbowl News

🚨🇺🇸 Short positions now account for 34% of all outstanding shares of SpaceX. Elon Musk responded, stating that he attempted to warn bears, but they instead doubled their shorts.

Earlier, BBG reported that traders are shorting SpaceX stocks at record levels ahead of crucial dates. A report will be released today after market close.

🍾 August 4 marks the birthday of Champagne! Research from the University of Reading reveals that consuming one to three glasses of champagne weekly may prevent memory loss and delay the onset of degenerative brain diseases like dementia, scientists have proven. Furthermore, champagne is said to act similarly to Viagra, potentially enhancing sexual experiences, according to Komsomolskaya Pravda.

❗️🇺🇸🇷🇺 Senator Raphael Warnock has blocked the acceleration of a bill regarding "devilish sanctions" against Russia, according to Punchbowl News.

💥🇺🇸 SPCX surged by 10% as traders set a record for short selling ahead of today's report, with over 34% of the free-float sold short. Musk warned bears about the potential market shift.

💥🇺🇸 SpaceX has announced a partnership with Nvidia to develop AI satellites, just ahead of the upcoming earnings report.