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U.S. Markets

Qualcomm (QCOM) expands a strategic relationship with Hugging Face to advance OpenAI from devices to cloud infrastructure, while Qualcomm targets FY29 non-handset revenue of USD 40bln and data centre revenue of more than USD 15bln

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Geopolitics

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

U.S. Economy

US ADP Employment Change (Jul) 44K vs. Exp. 70K (Prev. 98K)