A fire broke out at Saudi Aramco's refinery in Jazan, Saudi Arabia, following a reported drone strike by Iran-backed Houthi rebels from Yemen. The Saudi Ministry of Energy confirmed the blaze was extinguished with no injuries, while the Houthis claimed the attack was a response to Saudi drone violations over Yemen. This incident occurs amid ongoing regional tensions, with Iran denying direct talks with the U.S. but exchanging messages through intermediaries about the Strait of Hormuz, a vital oil shipping route. Negotiations involving Iran, Oman, and the U.S. continue amid demands from Iran for sanctions relief and military withdrawals before reopening the strait, impacting global oil prices and shipping traffic.
Bloom Energy reported a 165.5% year-over-year revenue increase and a 738% surge in EBIT for Q2 2026, driven by strong demand related to AI and data centers. The company also generated positive cash flow and raised its full-year 2026 revenue guidance ...
A Cumberland-linked wallet withdrew 14.6 million Polygon (POL) tokens worth $1.41 million from major exchanges, reducing supply on order books. Despite this, Polygon faces intense selling pressure from institutions and individuals, with increased tok...
Stellar (XLM) surged 8.72% to $0.1945, leading gains in a mixed cryptocurrency market. The rise is linked to increased interest in blockchain solutions for cross-border payments. Other notable movers include Zcash up 8.21%, Uniswap up 7.55%, and XRP ...
Stellar (XLM) surged 8.72% to $0.1945, leading the crypto market's gainers as interest grows in blockchain for financial services, especially cross-border payments. Meanwhile, Filecoin (FIL) fell 8.58% to $0.9011, reflecting ongoing volatility in the...
Westrock Coffee is rated a buy due to its strong forward EBITDA growth and an A growth grade from Seeking Alpha Quant. The company benefits from growing demand for ready-to-drink coffee, expanding market share, and operational efficiencies from a new...
