About 33% of subscription orders for Intel's new stock offering were not allocated.

Secretary of Iran’s Supreme National Security Council Rezaei released a statement, saying: "The United States is the source of insecurity in the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman. By imposing an illegal war on Iran, it has endangered the entire region. As long as the U.S. does not alter its behavior and accept Iran’s terms, the Strait of Hormuz will not reopen. The U.S. must end the war, release Iran’s frozen funds, and halt all conflicts in the region, including those in Lebanon and Gaza. It must also fulfill other conditions conveyed to the U.S. through intermediaries. If Iran and Oman strike a deal on transit passage through the Strait of Hormuz, that agreement will be addressed separately from the issue of the strait’s closure."

Iran's state-run television IRIB quoted an advisor to the Supreme Leader as saying that the Strait of Hormuz will remain closed until relevant conditions are met.

According to U.S. financial outlet Semafor, Intel CEO Pat Gelsinger (known as Chen Liwu in Chinese) requested U.S. approval for Intel’s (INTC.O) secondary stock offering. The Trump administration opted not to take part, while U.S. Secretary of Commerce Wilbur Ross greenlit the company’s secondary offering proposal.

MicroStrategy CEO Phong Le told Fox News in an interview that the company will continue to increase its Bitcoin holdings this year.

August 11 Update: #Bitcoin ETFs: 1D NetFlow: -2,209 $BTC(-$141.23M)?? 7D NetFlow: +8,545 $BTC(+$546.45M)?? #Ethereum ETFs: 1D NetFlow: -14,499 $ETH(-$27.22M)?? 7D NetFlow: +110,579 $ETH(+$207.62M)??

According to Axios, the New York Post Media Group is launching a custom AI chatbot as part of its broader AI-powered personalized news initiative called "Hamilton". Named after Alexander Hamilton, founder of the New York Post, the project aims to deliver more tailored news services to users via artificial intelligence. Ariscielle Novicio, CTO and Senior Vice President of Product & Digital Strategy at the New York Post Media Group, noted that these tools are designed to help readers discover more content and receive more personalized, optimized content recommendations. Starting Tuesday, Hamilton will be available in the Android and iOS apps of both the New York Post and the California Post. The company ultimately plans to expand Hamilton to its websites on the open web. Hamilton is a unified brand for AI-powered personalized features, encompassing multiple products: AI chatbot Hamilton Search, personalized news briefing Post Express, content recommendation engine Picked For You, and Post Voices, a tool for discovering commentary and analysis content.