Iran's Persian Strait Gulf Authority declared the Strait of Hormuz remains blocked and will not reopen until Iran's conditions are met, countering US President Trump's claim of US control over the strait. Ship traffic through the waterway is near a three-month low, down about 90% from pre-conflict levels after US and Israel attacked Iran. Both sides have hardened their stances, with Iran demanding an end to the US naval blockade, sanctions relief, troop withdrawals, and reparations. Iranian officials also claim US military weakness and confusion in the ongoing conflict, signaling a prolonged standoff as Iran seeks deterrence.
Nintendo is rated Buy due to its strong recurring software sales and growth opportunities in digital expansion and intellectual property monetization, including films, merchandise, and theme parks. Management projects revenue of ¥2.05 trillion and op...
AMC Entertainment CEO Adam Aron challenged Robinhood's claim that its stock tokens are backed one-for-one by actual shares, questioning if those shares could be lent to short sellers, which would undermine the backing. Robinhood's tokens provide econ...
XRP remains stuck in a narrow trading range between $1.35 and $1.37, unable to break the key $1.40 resistance level. The launch of Roundhill’s XRP Covered Call ETF and Teucrium’s 2x Short Daily XRP ETF has been postponed to October 11, 2026, reflecti...
Anatoly Yakovenko, co-founder of Solana, criticized Elon Musk and Sam Altman's recent call to slow AI development, suggesting their concern is driven by financial motives to protect their companies' $1 trillion market valuations. He argues that risin...
Kardigan is focusing on three patient groups: genetic dilated cardiomyopathy, moderate calcific aortic valve stenosis, and post-hospitalization acute severe hypertension. The company holds $660.7 million in liquid assets, providing a runway of about ...
