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Bank of America stated that its investment targets include data centers, semiconductors, energy, and critical minerals.

Bank of America announced it will invest $250 billion in infrastructure development.

The CEO of Norway's sovereign wealth fund said: "Our investment in SpaceX (SPCX.O) is roughly in line with the index weighting."

Paul Musgrave, associate professor of government at Georgetown University in Qatar, stated that while the United States possesses a powerful military, it has so far failed to achieve its desired results in the war against Iran, and the current situation has evolved into a contest of who will "break down" first. He pointed out that the length of time that either Washington or Tehran can withstand economic or political blows depends on how much each party is willing to pay to reach a more favorable agreement. Musgrave stated that Iranian hardliners are unwilling to back down for fear of appearing weak, and instead are attempting to inflict "maximum humiliation" on President Trump before the midterm elections. He also believes that the difficulty of this war far exceeds Trump's expectations, and from the president's perspective, the bigger problem lies in the fact that America's air power, munitions, and deterrent measures have consistently failed to force him to achieve the desired outcome.

The Hang Seng Index (HSI) closed down 212.65 points, or 0.83%, at 25440.17 on Wednesday, August 12. The Hang Seng Tech Index closed down 47.98 points, or 0.99%, at 4776.44 on Wednesday, August 12. The Hang Seng China Enterprises Index closed down 81.83 points, or 0.96%, at 8446.27 on Wednesday, August 12. The Hang Seng Red Chip Index closed up 34.17 points, or 0.83%, at 4156.1 on Wednesday, August 12.

Ukrainian President Zelensky: Ukraine attacked Russia's Novorossiysk naval base at night using drones, missiles, and unmanned surface vessels.