AI Compute Earnings: CoreWeave shares jumped in extended trading after a Q2 beat, with revenue up 112% to $2.58B and a narrowed adjusted loss, while backlog topped $104B and guidance was raised—fueling a broader AI data-center optimism. AI Infrastructure Spending: CoreWeave also lifted its 2026 capex outlook to $35B–$39B, underscoring how “neocloud” demand is driving major compute buildouts. Macro Outlook—New Zealand: S&P Global upgraded its NZ growth momentum view, keeping 2028–2029 growth at 2.4% and expecting inflation to drift back toward the Reserve Bank’s 1–3% comfort zone, with the cash rate seen peaking around 3%. Housing Pressure—Australia: CBA posted record cash earnings but warned mortgage demand has cooled sharply since May tax changes, with new applications down and investor demand weaker. Housing Pressure—US: Existing home sales fell again in July as higher mortgage rates and tight supply kept inventories low, with the 30-year fixed rate rising to 6.69%. Geopolitics & Commodities: Ukraine cut its 2026/27 grain export forecast by up to 12% after Odesa port attacks, while oil and rates stayed sensitive to Middle East headlines. Energy & Markets: RBA held rates at 4.35% but left the door open to more hikes, keeping property and borrowing in focus. Corporate/Legal: TWO (Two Harbors) hit back at a lawsuit from UWMC tied to its MSR-focused REIT deal process.