Israel Prepares to Return to War as Trump Attempts to Break Iran’s Hold on Strait of Hormuz

Futures Jump After Nvidia's Unprecedented 2028 Guidance Stuns Markets Futures are higher led by Tech as NVDA earnings boost the tape. As of 8:00am ET, S&P futures are 0.5% higher while Nasdaq futures jump 1.1% led by NVDA which is +7.4% in pre-market trading following an unprecedented forecast of 70% revenue growth in 2028, which is boosting Semis (+3%), incl MRVL +5.2% into their print tonight. NVDA helped the market climb a significant wall of worry and is not poised to resume it march higher. Memory is +3.6%, Software is...

Iran Vows 'Swift, Decisive' Revenge After Overnight US Port Attack, As Sides Seek Deal Allowing Each To 'Sell Their Narrative' Summary CENTCOM denies that US Navy has officially restarted guiding ships through Hormuz Strait amid fresh tanker explosion and fuel leak incident. IRGC says its military shot down an MQ-9 drone and forced an F-35 jet out of Iranian airspace. Tehran formally accuses Washington of "ceasefire violation" while warning a final deal is not yet imminent, while Pentagon cites "self-defense" strikes in Hormuz overnight. Ayatollah Hajj message: US will "no longer have a safe...

$109,796 In Earnings Needed To Afford Typical US Home The income needed in order to purchase a typical home for sale in the United States in June was $109,796, marginally lower than the record high $110,382 in 2025, real estate brokerage Redfin said in an Aug. 5 report. Housing affordability has remained largely flat year over year since monthly housing costs and people’s incomes are growing at a similar rate, Redfin said. However, the income needed to purchase a house has been dropping consistently since October. While the income required is around $22,000...