Public Markets 3 Hours

Last updated: August 11, 2026, 8:36 PM ET

Equity Markets

Asian stocks 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 are due.

Cloud-computing specialist CoreWeave jumped 12% after reporting record revenue and a $104 billion sales backlog, signaling sustained demand. Super Micro Computer posted a $1.17 billion quarterly profit, up from $195.2 million a year earlier, as sales nearly doubled. Cava Group beat earnings expectations, with climbing customer traffic boosting profit; sales are rebounding from earlier cyclospora outbreaks. Canadian software firm Constellation Software reported a $274 million second-quarter profit, up sharply from $56 million, driven by acquisitions.

Deals & Corporate Actions

Blackstone 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 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 held a four-day gain as diplomatic efforts to restore energy flows through the strait continued. The WSJ Dollar Index 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 covers oil futures and the impact of AI data centers on power demand. A separate auto and transport roundup 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.