Chinese Tanker U-Turns, Iran Mulls Hormuz Shipping Pause To Preserve Talks, Avoid Trump Blockade Showdown Summary Diplomacy is not yet dead, as Bloomberg reports Iran is mulling a short-term pause to shipments through Hormuz Strait, in order to avoid a fresh clash with US forces & avoid testing Trump’s blockade. Mediators are scrambling to put […]
Key Takeaways U.S. citizens under the age of 18 are now eligible for a new asset development account, called 530A accounts or Trump accounts. Children born between 2025 and 2028 also are eligible for an initial seed funding of $1,000 for the accounts from the federal government.Policymakers need to take immediate action to ensure that
LEDS|EPS -$0.07|Rev $1.1M|Net Loss $603,000 SemiLEDs Corporation reported a loss per share of $0.07 for the second quarter of 2026, as the LED chip manufacturer continues to navigate challenging market conditions. Revenue totaled $1.1M for the quarter, reflecting ongoing headwinds in the semiconductor lighting sector. The Taiwan and U.S.-based company, which develops and manufactures LED
SemiLEDs Corporation Sinks 5.5% as Stock Drops 5% Read More »
THCH|EPS -¥2.36|Rev ¥308.5M|Net Loss ¥227.2M TH International Limited (THCH) reported Q4 2025 adjusted net loss per ordinary share of RMB2.36 per share. Revenue totaled RMB308.5M for the quarter. The top line was down 7.3% year-over-year. TH International Limited is a Restaurant operator. The company’s stock gained around 6% soon after the announcement on Tuesday. System
TH International Stock Rallies 6.4% After Q4 Earnings Release Read More »
Xi Says “Global Order Crumbling Into Disarray” As Trump Turns Up Pressure Campaign On China President Trump’s four-and-a-half-month crusade across the Western Hemisphere, and now into the Middle East, increasingly looks like a massive blitz to acquire – or control – energy assets and maritime chokepoints as part of a broader economic pressure campaign against
US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs The month-over-month change in producer prices had accelerated for five straight months ahead of today’s March data, which is expected to surge thanks to Iran-war impacts on energy costs. Against expectations of a 1.1% MoM rise, March’s Headline PPI shocked everyone by
US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs Read More »
BlackRock, Inc. (NYSE: BLK) on Tuesday reported stronger-than-expected earnings for the first quarter of fiscal 2026 as its revenue increased 27% year-over-year. The asset management company reported adjusted earnings of $12.53 per share for the first quarter, compared to $11.30 per share in the prior-year quarter. The latest number exceeded Wall Street’s expectations. The bottom-line
BlackRock Q1 FY26 earnings beat estimates; revenue up 27% Read More »
Italpress is expanding its editorial offering with the launch of a new news bulletin dedicated to aerospace and the space economy—an increasingly relevant field for the country’s technological, industrial, and scientific development. The new editorial product is created in collaboration with Economia dello Spazio Magazine, a publication specializing in the analysis of dynamics related to
Aerospace: the new news bulletin from Italpress and Economia dello Spazio Magazine Read More »
Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism US equity futures, and global stocks rise while oil slides on a Reuters report that negotiating teams from the US and Iran could return to Pakistan later this week to resume negotiations to end the war in the Gulf, days after the
Futures Rise, Nasdaq Up 10 Days In A Row, On Iran De-escalation Optimism Read More »
Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade Wary of Iranian escalation that shuts down Red Sea traffic, the Kingdom of Saudi Arabia is asking the Trump administration to back off from its newly-implemented blockade of Iranian-linked shipping in the Strait of Hormuz, the Wall Street Journal reported on
Fearing Iranian Escalation In Red Sea, Saudis Push Trump To Call Off Hormuz Blockade Read More »
