News

According to the Financial Times, the US has restricted the timeframe for air defense operations to allow oil tankers to pass through the Strait of Hormuz.

Al Jazeera analysis indicates that Saudi airstrikes and counter-offensives primarily focused on recapturing the city of Muha and areas south of it near the Bab el-Mandeb Strait, beginning with Saudi airstrikes. This counter-offensive targeted both areas long controlled by the Houthis and those recently captured. The Houthis had anticipated a Saudi-led counter-offensive to retake these areas. Their preparedness stemmed from their expertise in covert warfare tactics and strategies, enabling them to seize territory and conceal weapons, launchers, and air defense radars. This is a problem the US and Israel have faced in the past—attempting to cripple the Houthis' military capabilities and their ability to launch ballistic missiles at Israeli vessels. Both the US and Israel failed to achieve their military objectives against the Houthis because they were able to dig deep bunkers and evade advanced US and Israeli surveillance technology, making them difficult to track. For Saudi Arabia or the internationally recognized Yemeni government to succeed, it needs to maintain a military presence in the south of the country, extending to the largest Houthi-controlled military base and the location of the largest weapons cache seized by the group on Thursday. Reclaiming these territories from the Houthis will require a large-scale military offensive, and the Yemeni government appears to be committed to this military operation in an attempt to retake its lost strategic locations.

Russia stated that its military destroyed 172 Ukrainian drone control stations in the past day.

US President Trump: I have asked the Smithsonian Institution to place the 11-foot Washington statue that was recently displayed at the Freedom 250 Grand Prix in the museum’s Flag Room and to unveil it on Constitution Day, September 17, 2026.

The Boeing (BA.N) engineers' union contract will expire on October 6.

According to union sources, Boeing (BA.N) has reached a preliminary contract agreement with the engineers' union.

US President Trump: I am unhappy with Google's (GOOG.O) investment in building an AI center in Finland.

Sources say Anthropic is in talks to bring in Nvidia (NVDA.O) as an anchor investor in its IPO, which is expected to be the largest ever. Nvidia is reportedly considering investing up to $10 billion in the IPO.

Iranian Foreign Ministry spokesman Bagaei: The narrative on terrorism made by the US Secretary of Defense on the anniversary of 9/11 is fundamentally contradictory. The US cannot wage war, carry out attacks, and attack civilians while claiming to be fighting terrorism and defining terrorism.

Oracle (ORCL.N): Executive Chairman Larry Ellison adopted a new trading scheme on June 22, which is scheduled to terminate on October 24. The scheme aims to allow the company to sell up to 50 million shares of Oracle common stock.

Oracle (ORCL.N): As of August 31, 2026, the total estimated restructuring costs associated with the 2026 restructuring plan are up to $2.1 billion.

Oracle (ORCL.N): After August 31, we will add approximately $700 million to our 2026 restructuring plan to reflect additional actions we expect to take.

Market news: Oracle (ORCL.N) will invest an additional $700 million in its restructuring plan.

Sources say JPMorgan Chase (JPM.N) has suspended situational awareness-related lending after suffering losses.

Federal Reserve: U.S. bank deposits totaled $19.566 trillion last week, compared with $19.559 trillion the previous week.

U.S. Defense Secretary Hergsays will meet with German Defense Minister Pistorius on September 15.

S&P: Saudi Arabia’s diversified energy export infrastructure and current high oil prices help it withstand the pressure from the Middle East conflict.

The Dow Jones Industrial Average rose 509.10 points, or 0.98%, to close at 52,573.20 on Friday, September 11; the S&P 500 rose 65.24 points, or 0.86%, to close at 7,656.94; and the Nasdaq Composite rose 251.31 points, or 0.96%, to close at 26,333.04 on Friday, September 11.

[US Stocks Close: Major Indexes Rise] US stocks closed higher on Friday. The Dow Jones Industrial Average rose 0.98%, the S&P 500 gained 0.86%, and the Nasdaq Composite climbed 0.96%. Qualcomm (QCOM.O) rose 2.88%, Intel (INTC.O) gained 2.61%, SpaceX (SPCX.O) climbed 2.04%, and Amazon (AMZN.O) gained 1.94%. SanDisk (SNDK.O) fell 3.5%, Oracle (ORCL.N) dropped 1.82%, and Micron Technology (MU.O) declined 0.22%. The Nasdaq China Golden Dragon Index rose 0.4%, Baidu (BIDU.O) gained 0.89%, and Alibaba (BABA.N) climbed 0.68%.

According to the U.S. Commodity Futures Trading Commission (CFTC), as of the week ending September 8, 2026, equity fund managers reduced their net long positions in the S&P 500 CME by 19,683 contracts to 907,776 contracts. Equity fund speculators increased their net short positions in the S&P 500 CME by 29,085 contracts to 336,643 contracts.