Public Markets 3 Hours

Last updated: August 10, 2026, 5:40 PM ET

Equities & Corporate News

Rocket Lab narrowed its loss as revenue surged, ending Q2 with a record backlog of $2.36 billion, up 137% from a year earlier. Hims & Hers Health swung to a second-quarter loss but lifted its full-year revenue target to as much as $3.3 billion from a prior $3 billion. Indian billionaire Gautam Adani won dismissal of US securities fraud charges, removing a major legal threat to his conglomerate’s global expansion. JBS NV, the world’s largest meatpacker, will again be led by a Batista family scion as its new CEO. Chile will let state-owned Codelco keep all its 2025 profit, injecting roughly $2.42 billion to revive flagging copper production and cut record debt.

Fixed Income & Monetary Policy

Treasury yields rose as bond markets turned risk-averse on rising oil prices and fading hopes for a US-Iran deal over the Strait of Hormuz. Fed’s Beth Hammack said “some number” of rate increases might be needed to tame inflation. The yen gave back roughly half its post-intervention gains, with traders citing a lack of coordinated central bank messaging.

Commodities & Energy

Oil surged as Hormuz talks stalled, with no deal in sight to ease shipping disruptions. US natural gas futures rebounded on warmer near-term weather forecasts, rising LNG feedgas, and ongoing Middle East supply fears.

Geopolitics & Policy

The earthquake that struck Colombia’s Pacific coast killed over 100 people, testing newly inaugurated President Abelardo De La Espriella. Images showed widespread destruction. Israeli PM Netanyahu is balancing Trump’s Gaza disarmament demands with pressure from his right-wing base ahead of a tough election. New White House documents detail how an FBI Russia inquiry into Trump’s ties was derailed. Bernie Sanders urged AI companies to halt development, warning of “potentially cataclysmic results” if left unchecked.

Markets & Flows

The AI trade is luring investors away from bitcoin and other digital tokens, as the mania for artificial intelligence stocks overtakes crypto enthusiasm.