July 24th Overnight News Summary
1. The United States announces new tariff measures effective on the 24th.
2. U.S. President Trump stated that from now on, any losses incurred by ships, goods, and related assets will be paid for by Iranian funds held and controlled by the United States.
3. On the same day, 25 U.S. states and the District of Columbia filed a lawsuit in a federal court in Rhode Island to block the Trump administration from linking some emergency disaster funds to changes in election management systems in states.
4. Intel Corporation's second-quarter revenue was $16.13 billion, an increase of 25% year-on-year; estimated at $14.43 billion.
5. Germany's SAP's non-IFRS cloud revenue in the second quarter was 6.28 billion euros, analysts expected 6.26 billion euros.
6. OpenAI's infrastructure director: OpenAI plans to collaborate with AMD to develop the MI500 series AI chips and future products.
7. According to CME's "Fed Watch": the probability of the Fed maintaining interest rates in July is 65.3%, and the cumulative probability of a 25 basis point rate hike is 34.7%.
8. WTI September crude oil futures rose by $5.36, an increase of over 6.17%, to $92.19 per barrel; Brent September crude oil futures rose by $6.62, an increase of nearly 7.04%, to $100.69 per barrel.
9. The European Council: Member states of the European Union have already reached a consensus on the sanctions package, and the written procedures for the twenty-first round of sanctions against Russia have now been approved.
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