Public Markets 3 Hours

Last updated: July 12, 2026, 2:30 PM ET

Entertainment and Media

Walt Disney's live-action remake of "Moana" underperformed expectations, earning about $43 million domestically over the weekend, approximately 30 percent below projections. The film's faltering box office performance has raised questions about the studio's remake strategy. Elsewhere, FIFA's prediction-market partner, ADI Predictstreet, has experienced a difficult launch, with users reporting issues including a bungled World Cup ticket giveaway according to reports.

Geopolitics and Markets

The U.S. has initiated new strikes against Iran in the contested Strait of Hormuz, with President Trump asserting the waterway remains open while Tehran states it will stay closed indefinitely FT Companies. Meanwhile, hedge-fund manager Brad Gerstner is actively promoting new investment accounts for children, a shift in focus for the podcasting tech investor WSJ Markets.

Sports and Social Programs

New York City is piloting an overnight soccer program during the World Cup, with fields reportedly seeing significant activity as residents play under the lights. This initiative aims to provide late-night recreational options for the city.