News

Brent crude oil has returned to the $90/barrel mark, rising 2.3% on the day.

U.S. stock index futures traded steadily in early trading, with Nasdaq futures up slightly by 0.08% and Dow futures down 0.1%.

[Iranian media reports that Iran launched missiles at US ships] According to Iran's PressTV, Iran launched missiles at US ships in the Strait of Hormuz.

Nvidia CEO Jensen Huang: Artificial intelligence is also creating jobs in sectors such as energy, data centers, and startups. In the past six months alone, AI startups have received $400 billion in investment.

Nvidia CEO Jensen Huang: Artificial intelligence is driving manufacturing back to the United States, enabling the country to re-industrialize after decades of industrial relocation. AI is creating new demand, driving investment in aging power grids and sustainable energy, investments driven by market forces rather than subsidies.

NASA: Due to an oxidizer leak in the Dragon spacecraft's propulsion system, NASA and SpaceX are adjusting the launch date for the agency's Crew-13 mission.

The Iranian Revolutionary Guard stated that the US attack on Larak Island will be met with "response and punishment".

According to Nikkei, Fast Retailing plans to double the number of Uniqlo flagship stores in Japan to approximately 20 within ten years.

U.S. officials told Al Jazeera that mine clearance work in the international shipping lanes of the Strait of Hormuz has been completed.

U.S. officials told Al Jazeera that troops are closely monitoring the area and are ready to protect free trade in the Strait of Hormuz.

Financial Times reported large tech firms booked more than $160 billion of unexpected valuation gains last quarter from equity investments in other AI companies, lifting pre-tax profits. Alphabet, Amazon, NVIDIA and Microsoft said the accounting line "other income" was materially boosted by these one-off valuation gains. The gains largely reflect market enthusiasm for AI and could distort assessments of the AI ecosystem’s strength and cyclicality. Goldman Sachs' chief US equity strategist said investors are increasingly asking whether reported growth is demand-driven or, to some extent, misleading.

According to the Financial Times, major tech companies have gained $160 billion in profits due to their stakes in other artificial intelligence companies.

US President Trump: All Canadian companies doing business with the US, move to the US immediately. Many of these companies moved out of Canada years ago due to the foolish policies of the US leadership. Once you move back, all tariffs will be waived!

US President Trump: Canada wants to be treated as a state, but they aren't. I've dealt with leaders of many countries, but I think Canada is the worst. They no longer deserve special privileges.

German Chancellor Merz: (Regarding military spending) We must correct the shortcomings of the past 15 years. The German Federal Armed Forces are far from being as strong as they should be.

The U.S. National Hurricane Center: There is a 50% chance that the storm near the North American Gulf Coast will develop into a cyclone within the next 48 hours.

German Chancellor Merz: The reopening of the Strait of Hormuz means that energy market prices will drop immediately, including those in Germany.

German Chancellor Merz: Germany cannot offset a $100 per barrel oil price through subsidies. But what we can do, for example, is to work with our European partners to do everything possible to help end the war with Iran and ensure the Strait of Hormuz is reopened.

German Chancellor Merz: In Germany, we shut down nuclear power plants before alternative energy sources were built, and now we have to make up for that loss with great difficulty.

German Chancellor Merz: Closing German nuclear power plants is not my responsibility. I will not do that.