US Markets Continue to Surge Forward – Dampened Expectations for Meeting With Putin – Bessent Calls for Rate Cuts – Cryptocurrencies Rise – Amazon Accelerates Food Deliveries – Cisco With Strong AI Orders – Apple With Major AI Product Plans – Cryptocurrency Exchange Bullish Celebrates its Debut - Tencent Shines With Gaming Revenue – Oracle Cuts Jobs – Gildan Acquires Hanesbrands

On Wednesday, August 13, 2025, the major US indices continued their recovery rally. The Dow Jones rose by about 1% and closed at around 44,922 points, just under half a percent below its record high. The S&P 500 reached a new all-time high of 6,466.58 points, as did the Nasdaq Composite , which defended its record level from the previous day. This rally was driven by surprisingly moderate inflation. The consumer price index rose by 2.7% year-on-year in July, coming in slightly below expectations. This fueled speculation about a potential interest...