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Oil Slides Toward $85 as Draft US-Iran Peace Deal Promises to Reopen the Strait of Hormuz
Crude oil fell nearly 4% Friday after Iranian state media published a draft 14-point peace agreement that would reopen the Strait of Hormuz within 30 days, with WTI sliding to $85.26 and global equities rallying on the de-escalation.
SpaceX Debuts at a $1.75 Trillion Valuation. Wall Street Warns the Upside May Already Be Priced In
SpaceX priced the largest IPO in history at $135 a share and a $1.75 trillion valuation, but analysts including a leading IPO researcher warn that such a supersized starting point leaves little room for the growth-driven returns early investors expect.
IDF Troops Neutralize Armed Infiltrator at Lebanon Border, Protecting Northern Communities Without a Single Casualty
Israeli forces killed an armed infiltrator who crossed the Lebanon border and opened fire near Margaliyot, neutralizing the threat within moments and leaving every soldier and resident unharmed in a demonstration of rapid border defense.
Prosecutors Raid Samsung as Insider-Trading Probe Clouds One of 2026's Hottest Stocks
South Korean prosecutors raided Samsung Electronics over alleged insider trading tied to its takeover of Rainbow Robotics, casting a legal shadow over one of the year's best-performing technology stocks.
Bezos Pours Fuel on Physical AI as Project Prometheus Raises $12 Billion
Jeff Bezos's seven-month-old AI startup Project Prometheus has raised $12 billion, vaulting toward a roughly $41 billion valuation as Wall Street bets big on AI that understands the physical world.
Israel's Battle-Proven Harpy and Harop Drones Are Headed Into America's Arsenal
Israel Aerospace Industries has exclusively licensed Palladyne AI to build its combat-proven Harpy and Harop loitering munitions in the US, putting Israeli innovation at the center of the Army's next drone competition.
The Operative Who Vanished: How One Escape Exposed the Reach of Israel's Intelligence Inside Lebanon
A man accused of working for Israeli intelligence slipped out of Hezbollah custody during an Israeli airstrike and disappeared, throwing a rare spotlight on the depth and sophistication of Israel's networks inside Lebanon.
Amazon Opens Its Trucking Fleet to the World, and Freight Stocks Buckle
Amazon expanded its less-than-truckload freight service to any business shipping anywhere in the US, escalating its assault on legacy carriers. FedEx, UPS, Old Dominion, XPO, and Saia all dropped on the news.
Super Micro's $7 Billion Bet: Why a $39 Billion AI Backlog Sent Its Stock Tumbling 13%
Super Micro unveiled plans to raise roughly $7 billion to fund a $39 billion backlog of AI server orders. Investors, fixated on dilution, sent the stock down as much as 13% even as the order book signaled booming demand.
US Home Sales Hit Their Highest Level Since 2022 in May, but Rising Rates Threaten the Momentum
Closed home sales jumped to their highest level since October 2022 in May, fueled by April's lower mortgage rates, but flat pending sales signal the rebound may already be fading.
Inflation Is About to Break 4% for the First Time Since 2023, Putting the Fed Back in the Hot Seat
With the May CPI report due this week, economists expect headline inflation to top 4% for the first time since 2023 as an oil shock collides with sticky core prices.
Israel's Home Front Holds Firm as Layered Defenses Blunt Iran's Latest Missile Barrage
Iran fired roughly two dozen ballistic missiles at Israel this week, yet a layered air defense shield and a battle-tested civilian population kept casualties at zero.