US Markets in Consolidation Mode – Geopolitical Shock Drives Oil Prices After Trump's Hormuz Blockade – Microsoft Attacks Nvidia's Dominance with New Maia 300 – Nvidia Plans $500 Billion Revolution for AI Infrastructure – Rocket Lab Ignites Revenue Rocket and Forges Galactic Empire – TSMC Crushes Expectations Thanks to Insatiable AI Hunger – Intel Shocks Investors with $15 Billion Capital Increase – Hims & Hers Plummets Despite Raised Forecast – AST SpaceMobile Reaches for the Stars with Japanese Billion Project
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After the latest trading day on Monday, August 10, 2026, US markets were in a slight consolidation phase. The Dow Jones lost 0.11% and closed at 53,975.63 points, while the S&P 500 declined by 0.06% to 7,753.02 points. The tech-heavy Nasdaq Composite changed by -0.32% to 26,605.36 points. The market activity was overshadowed by a massive geopolitical escalation in the Middle East. US President Donald Trump announced complete military control over the Strait of Hormuz and demanded drastic reparations from Iran, causing global oil prices to...
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