Public Markets 3h Briefing
×Last updated: August 11, 2026, 8:36 PM ET
Equity Markets
Asian stocks bloomberg.com are poised to slip as traders hold back ahead of US inflation data and remain wary over Iran developments. After July's AI selloff, Taiwan is gaining favor over South Korea on steadier earnings prospects. A rotation from AI infrastructure to internet stocks will be tested this week as China tech earnings bloomberg.com are due.
Cloud-computing specialist CoreWeave wsj.com jumped 12% after reporting record revenue and a $104 billion sales backlog, signaling sustained demand. Super Micro Computer wsj.com posted a $1.17 billion quarterly profit, up from $195.2 million a year earlier, as sales nearly doubled. Cava Group wsj.com beat earnings expectations, with climbing customer traffic boosting profit; sales are rebounding from earlier cyclospora outbreaks. Canadian software firm Constellation Software wsj.com reported a $274 million second-quarter profit, up sharply from $56 million, driven by acquisitions.
Deals & Corporate Actions
Blackstone wsj.com and Quebec's La Caisse pension fund will acquire a 25% stake in Air Canada's Aeroplan loyalty program for nearly $2 billion, giving the airline additional capital. Singapore Exchange is exploring single-stock ETFs and cross-market partnerships to strengthen its position as Southeast Asia's key multi-asset hub. David Ellison has threatened to move his company out of California amid a lawsuit by state attorneys general over his planned Warner Bros. acquisition. Bitwise Asset Management bloomberg.com cut 14% of its workforce as the prolonged crypto slump pressures digital-asset firms.
Commodities & Currencies
Gold steadied, with traders watching US inflation data and the potential reopening of the Strait of Hormuz. Oil bloomberg.com held a four-day gain as diplomatic efforts to restore energy flows through the strait continued. The WSJ Dollar Index wsj.com ended flat at 96.15, while the yen gained on hints of coordinated US-Japan action.
Real Estate & Infrastructure
China's real estate market is racing to defuse a $148 billion problem that has weighed on the sector for years. Households near UK grid upgrade projects will receive lower electricity bills under government plans to accelerate construction of pylons and power lines needed for net-zero targets.
Sector & Consumer Roundup
An energy and utilities roundup wsj.com covers oil futures and the impact of AI data centers on power demand. A separate auto and transport roundup wsj.com includes insight on EV and new-vehicle pricing trends. StubHub faces growing complaints from customers who struggle to obtain refunds, including for a World Cup game.