‼️ 🇮🇷 Twelve ships are transferring oil outside the Strait of Hormuz, creating a crucial outlet for global energy markets. Since Saturday, at least four outbound supertankers carrying 8 million barrels of crude have reappeared after transiting the strait. These shuttles and transfers can move millions of barrels a day beyond Hormuz.
‼️ 🧠 IBM (IBM) and Together AI have signed a multi-year, $240 million agreement to deploy a large-scale AI inference cluster on IBM Cloud using Nvidia HGX B300 systems and Nvidia Spectrum-X Ethernet networking. The cluster is expected to be available in the first quarter of 2027. Together AI will use the infrastructure to provide open-source model inference to enterprises. IBM describes the deployment as the first dedicated, large-scale inference cluster on IBM Cloud built with HGX B300 systems.
‼️ 🇩🇪 German government bond yields climbed to their highest levels since Aug. 3 as a fresh spike in crude oil prices and a deadlock in Middle East shipping talks reignited inflation anxieties across European fixed-income desks.
📌 Update: China’s quant hedge funds posted steep July losses after an AI‑linked stock rout, wiping out year‑to‑date gains for some and leaving others barely outperforming benchmarks
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