Author: Editor-In-Chief

Iran wants to close a U.S. Navy-protected shipping lane through Omani waters that has allowed Persian Gulf oil and gas tankers to leave the Strait of Hormuz without Tehran’s permission. The Islamic Republic this week sought to impose its control over Hormuz by attacking three tankers sailing through the strait through U.S.-protected shipping lanes. The attacks have pushed Washington and the Iranian government to the brink of a new war as they exchange attacks across the Gulf. Analysts at maritime intelligence firm Windward said in a note that this week’s fighting marks “the most significant escalation of the conflict since…

Elon Musk postpones CNBC interviewMr. Musk “has to postpone” his interview with CNBC, Julia Boorstin said she was told after her interview with the CEO was scheduled to begin at noon Eastern time.Musk was expected to talk about Tesla, SpaceX’s historic initial public offering and the launch of the company’s latest Grok artificial intelligence model.”We hope he will give us new time for this interview, but we just heard that he will postpone,” Boorstin said on the broadcast. — Kevin Breuninger and Ari LevyTesla’s latest vehicle deliveries and production levelsA Tesla Model 3 electric vehicle (EV) is loaded onto a…

At least five people are missing in southeast Missouri, authorities said Friday, amid historic flooding in the region and multiple water rescues. The five people were camping along the Black River in Reynolds County, county emergency coordinator Steve Chitwood told CNN. CNN has contacted authorities for further information. Areas flooded around the river due to flash flooding Friday morning. About 10 people had to be rescued from the roof of Black River Lodge, Chitwood said. The Black River Bridge in Centerville, Missouri, is also closed, and water is flooding roads in other areas. The National Weather Service issued a flash…

The AI ​​chip boom has just created the biggest moment in Wall Street history. South Korean memory chip giant SK Hynix announced on Friday that it has raised $26.5 billion (40 trillion won) to enter the U.S. market. SK Hynix sold 177.9 million American Depositary Shares (ADRs) at $149 each, structuring them so that U.S. investors could buy them at about one-tenth of the price of a share in Seoul. The deal was the largest U.S. debut ever by a non-U.S. company, surpassing Alibaba’s $25 billion IPO in 2014. The company will begin trading on the Nasdaq today, Friday, July…

Check out some of the companies making the biggest moves during the day: Metaplatform — Shares of Instagram and WhatApp’s parent company rose about 6%, extending its weekly gain to more than 14% and its highest since early 2024. The boost came from a Reuters report that Facebook aims to start mass producing AI chips in September and hints that the company’s computing costs could be lower than Wall Street expected. SK Hynix — Shares of the South Korean semiconductor company opened at $170 on the Nasdaq market, rising about 17% as U.S. investors jumped at the opportunity to acquire…

Meta CEO Mark Zuckerberg attends the annual Allen & Company Sun Valley Media & Technology Conference held at Sun Valley Resort in Sun Valley, Idaho, USA on July 9, 2026. Brendan McDiarmid | ReutersMeta Stocks rebounded on Friday and rose 15% this week, on pace for their best weekly performance since early 2024, amid growing optimism centered around CEO Mark Zuckerberg’s artificial intelligence strategy. Three months after introducing Muse Spark, our first proprietary AI model, Meta made two important announcements this week. On Tuesday, Meta released Muse Image, a new AI model for image creation. This is part of an…

US President Donald Trump said the US government had agreed to Iran’s request to continue negotiations as the war between the two countries continues.Still, in a social media post on Friday, he reiterated his view that the June 17 ceasefire has ended.Recommended stories list of 3 itemsend of list”The Islamic Republic of Iran has called for continued ‘dialogue’,” President Trump wrote on his Truth social account.“We agreed to do so, but the US told them in no uncertain terms that the ceasefire was over!”Iran did not immediately confirm that it had received a request to continue negotiations. The two countries…

Sen. Elizabeth Warren, Democrat from Massachusetts and Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, speaks to members of the media after her confirmation hearing on Thursday, June 25, 2026, in Washington, DC, USA. Graham Sloan | Bloomberg | Getty ImagesFive leading Senate Democrats on Friday renewed calls for a hearing on President Donald Trump’s cryptocurrency holdings, citing new financial disclosures from the president and questions about foreign and unidentified investors in his family’s cryptocurrency business.Democrats have asked the Republican-led committee, of which they are the ranking member, to investigate the national security implications of President Trump’s…

BETA Technologies’ all-electric ALIA CTOL conventional takeoff and landing aircraft flies over Chicago.Provided by: BETA Technologiesbeta announced Friday that it has completed the first test flight in the U.S. government’s wide-ranging electric vertical takeoff and landing pilot program aimed at realizing the vision of flying taxis. Aerospace companies supported by AmazonThe flight transported United Therapeutics manufactured organs between airports in Maryland and Virginia, according to the report. The total flight distance was approximately 275 nautical miles. “Today’s successful mission sets the stage for routine medical applications of electric flight at a much lower cost across the country,” Beta CEO Kyle…

U.S. President Donald Trump speaks to the press aboard the new Air Force One on July 8, 2026. Win McNamee | Getty ImagesThe White House confirmed Friday that with less than four months until the midterm elections, President Donald Trump has fired the three remaining members of the Campaign Assistance Commission.Democrats slammed President Trump’s dismantling of the EAC, an independent federal agency that helps manage campaign finances, calling it just the latest example of Trump’s efforts to subvert U.S. elections.Two Democratic committee members, Thomas Hicks and Benjamin Hovland, were fired via email Thursday, according to VoteBeat, which first reported the…