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Reddit (RDDT.N) shares rose more than 12% in after-hours trading.

The White House: US President Trump has instructed the Secretary of Defense to replace the advanced electromagnetic catapult system and advanced weapons elevators with conventional steam and hydraulic systems during the construction of the CVN-81 aircraft carrier.

The White House: A memorandum signed by US President Trump directs the Pentagon to increase direct investment in the US shipbuilding industry base, following the "Finnish model".

The White House announced that US President Trump will impose a 15% ad valorem tariff on drones and components imported into the US from the EU, Japan, Liechtenstein, South Korea, and Switzerland.

The White House announced that President Trump will impose a 100% ad valorem tariff on certain sizes or sensitive drones.

The White House announced that President Trump will impose a 25% ad valorem tariff on certain small drones lacking specific capabilities, citing national security concerns.

Reddit (RDDT.N) will be included in the S&P 500 index.

According to the Saudi Press Agency, the Saudi Crown Prince and the commander of the U.S. Central Command exchanged views on deepening defense cooperation and de-escalating regional tensions.

According to the Saudi Press Agency: The Saudi Crown Prince met with the Commander of the U.S. Central Command.

Iran has set the price for its September shipments of Iranian Light crude oil to Asia at a discount of $4.70 per barrel to the Oman/Dubai benchmark.

Fitch: We expect the average inflation rate in the United States to be 3.4% in 2026.

Fitch: We expect the US debt ceiling to be reached around mid-2027.

Fitch: High fiscal deficits, huge interest burdens, and high and rising levels of government debt constrain the U.S. rating.

Fitch: By 2032, US spending on Medicare and Social Security will increase by nearly 1 percentage point of GDP, putting greater pressure on public finances.

According to the Wall Street Journal, US President Trump has ordered the Navy to remove the electromagnetic catapult system from aircraft carriers and revert to the steam catapult system, a modification that is expected to increase costs by billions of dollars.

Fitch: U.S. labor demand will weaken in 2026, and job creation will decline significantly.

Fitch: The United States’ rating benefits from its large economy, high per capita income, vibrant business environment and excellent financing flexibility.

Fitch affirmed the U.S. credit rating at 'AA+'; outlook is stable.

US Vice President Vance: (Regarding Iran) Oil prices will return to stability after the Strait of Hormuz conflict ends.

U.S. Vice President Vance: The United States has many tools at its disposal regarding its policy toward Iran.