Grain exports from Russia’s Black Sea port of Novorossiysk have been suspended after three major terminals were heavily damaged in a Ukrainian drone attack. A loading gallery at United Grain Co.’s Novorossiysk Grain Plant collapsed and several silos were damaged, while Demetra’s terminal also saw damage to its loading gallery and truck unloading facility, people familiar with the matter said. The KSK terminal was also hit. The disruption during the harvest season has raised supply concerns, helping Chicago wheat futures surge as much as 4% for the biggest intraday gain in three weeks.

Wall Street is preparing to structure “AI bonds” as Nvidia teams up with Goldman Sachs, Apollo Global, KKR, Brookfield and BlackRock on a capital pool of $US500 billion ($708 billion) or more to help customers finance Nvidia chip purchases. Nvidia says it will guarantee 25 per cent of the residual value of project collateral. Hyperscale cloud providers are investing about $US750 billion in AI this year and are expected to spend more than $US1 trillion next year, but AI revenue growth is lagging the pace of spending.

Outlook Therapeutics said it priced a public offering at $0.99 per share of common stock along with warrants, with the warrants exercisable at $1.10 per share immediately and expiring in five years. The company expects gross proceeds of about $55.0 million, with net proceeds intended for general corporate purposes and to support regulatory approvals for its wet AMD treatment with the FDA, in the EU and with the UK’s MHRA. The underwriters were also granted an option to buy additional securities.

US core CPI rose 0.2% month on month and 2.5% year on year, its slowest annual pace since March 2021, tempering expectations for further Federal Reserve rate hikes. Asian markets broadly advanced on Aug. 12, with the MSCI Asia Pacific Index up 0.6%. South Korea’s KOSPI surged 4.48% to lead the region, while Japan’s Nikkei 225 gained 1.83% and the Topix rose 1.01%. Hang Seng futures bucked the trend, slipping 0.87% and signalling caution in that market.

Ford said it will begin producing Lincoln vehicles in the United States from 2030 and gradually stop importing the brand’s models from China. The company put its total tariff-related gross costs in 2025 at about $3 billion, with an approximately $2 billion hit to earnings before interest and taxes. Ford also said it assembled more than 2 million vehicles in the U.S. that year and employs about 56,300 hourly manufacturing workers.

Nebius and CoreWeave shares surged 34% and 19%, respectively, after the companies reported quarterly results. Nebius posted a 50% adjusted EBITDA margin in the second quarter and said annual recurring revenue rose 56% sequentially to $3 billion. The company expects customer prepayments to exceed $9 billion in 2026, easing some concerns over funding its $20 billion to $25 billion capital-spending plan. CoreWeave’s average price target still implies about 25% upside.

Commonwealth Bank of Australia released its FY26 results, posting sector-leading growth across home lending, business lending, consumer finance, household deposits and business deposits for the first time in 15 years. The bank declared a fully franked final dividend of $2.70 per share, taking FY26 dividends to $5.05 per share, up 4% year on year, with a 77% payout ratio. It also said home loan application volumes have fallen 15% since May, while the shares edged down on the day.

Datacentrex reported second-quarter 2026 revenue of $1.9 million and a positive gross profit, while posting a GAAP net loss of $5.5 million. Net Cash Burn fell to about $61,000, an improvement of about 88% from the first quarter of 2026, bringing the company close to breakeven. As of June 30, 2026, Datacentrex had about $57.9 million in cash and digital assets combined and carried no debt. Adjusted EBITDA loss narrowed to about $1.3 million from about $1.7 million in the first quarter of 2026.