The US military conducted a third round of airstrikes against Iran following an Iranian attack on the container ship M/V GFS Galaxy in the Strait of Hormuz, which caused significant damage and a missing crew member. In response, Iran's Islamic Revolutionary Guard has closed the strait to all ship traffic indefinitely, escalating tensions. The US aims to degrade Iran's ability to threaten commercial shipping and maintain energy flow from the Gulf. Diplomatic talks continue, with Oman mediating and proposals being studied by France and the UK to manage navigation fees without compulsory tolls, under international maritime regulations.
Ripple CEO Brad Garlinghouse revealed the company almost shut down after the SEC sued in 2020, accusing Ripple of unregistered XRP sales. The legal battle lasted five years, costing Ripple $125 million but resulted in a key court ruling distinguishin...
The Invesco S&P Ultra Dividend Revenue ETF (RDIV) is currently rated HOLD due to a less attractive risk-reward profile following a recent strong rally. The fund offers a 3.66% yield and focuses on value-oriented, income-producing companies in financi...
Lam Research's stock has surged over 120% in seven months, far outperforming the benchmark's 11% gain. However, its current forward price-to-earnings ratio of 62x is significantly higher than its peers at 25x, raising concerns about overvaluation. De...
Dogecoin ETFs recorded zero net inflows during the week of July 6 to July 10, continuing a trend of cautious investor sentiment. This pause follows a previous week of negative net flows and highlights a lack of fresh capital and institutional demand ...
HeartFlow, Inc. is recommended as a buy due to its AI-enabled platform that enhances coronary artery disease diagnosis through tools like FFRCT and Plaque Analysis. The latter is validated and soon to have its own billing code, expanding the market a...
