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A Chinese telecom hack exposed data centres, according to a House report; report expected as soon as Tuesday

StockNow breaking-news AI analysis

A House report reveals a Chinese hack exposed data centers, prompting a potential FCC ban on Chinese optical transceivers, which boosted US optical stocks but may raise cloud infrastructure costs.

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday