PHILADELPHIA SEMICONDUCTOR INDEX HITS LOWEST IN NEARLY A MONTH, LAST DOWN 3.6%
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PHILADELPHIA CHIP INDEX SET TO ERASE MORE THAN $2 TRILLION IN MARKET VALUE IN SEVEN SESSION FALL
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TRUMP TASK FORCE ON AI TO MEET THURSDAY - FTC SPOKESMAN
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*IEA AGREES TO COMPLETE RELEASE OF OUTSTANDING 100M BBL OF OIL
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*IEA SEEKS TO RELEASE 20M BBL OF DIESEL AS SOON AS POSSIBLE
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*IEA SAYS OIL RELEASE ANNOUNCED IN MARCH TO EXCEED 400M BARRELS
*IEA NATIONS WILLING TO TAKE FURTHER ACTION IN GLOBAL MARKETS
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*IEA NATIONS WILLING TO TAKE FURTHER ACTION IN GLOBAL MARKETS
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IEA TO ACCELERATE OIL RESERVE RELEASES AS DIESEL SUPPLY TIGHTENS
The International Energy Agency warns that global oil markets remain tight, particularly for diesel, amid the Strait of Hormuz crisis.
330 million barrels of emergency reserves have already been released, with approximately 100 million barrels remaining.
The IEA plans to accelerate releases, including more than 20 million barrels of diesel as soon as possible.
Total releases are now expected to exceed the original 400-million-barrel commitment, as member countries seek to stabilize energy markets.
Source: International Energy Agency (IEA)
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The International Energy Agency warns that global oil markets remain tight, particularly for diesel, amid the Strait of Hormuz crisis.
330 million barrels of emergency reserves have already been released, with approximately 100 million barrels remaining.
The IEA plans to accelerate releases, including more than 20 million barrels of diesel as soon as possible.
Total releases are now expected to exceed the original 400-million-barrel commitment, as member countries seek to stabilize energy markets.
Source: International Energy Agency (IEA)
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FOUR BOOMS HEARD IN VICINITY OF PRESIDENTIAL PALACE IN YEMEN'S ADEN - THREE WITNESSES TELL REUTERS
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*TREASURY 5- AND 7-YEAR YIELDS FALL 15 BASIS POINTS ON DAY
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TRUMP SAYS FORT HOOD ATTACKER WILL BE EXECUTED BY FIRING SQUAD — NO LIVESTREAM
President Donald Trump says Nidal Malik Hasan, the former U.S. Army major convicted of killing 13 people and wounding 32 others in the 2009 Fort Hood shooting, will be executed by firing squad.
Trump said he considered livestreaming the execution as a deterrent but decided against it.
Immediate family members of the victims will be permitted to witness the execution in person, according to Trump.
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President Donald Trump says Nidal Malik Hasan, the former U.S. Army major convicted of killing 13 people and wounding 32 others in the 2009 Fort Hood shooting, will be executed by firing squad.
Trump said he considered livestreaming the execution as a deterrent but decided against it.
Immediate family members of the victims will be permitted to witness the execution in person, according to Trump.
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$CRWV - COREWEAVE SHARES FALL TO LOWEST SINCE MAY 2025, LAST DOWN 8.3% AT $60.36
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U.S. CONSIDERS USING “MOTHER OF ALL BOMBS” AGAINST IRAN
The Pentagon has reportedly developed new strike plans targeting Iranian energy infrastructure and nuclear facilities, potentially involving the GBU-43/B MOAB, America's largest non-nuclear bomb.
According to CNN, the plans could be considered before or after the U.S. midterm elections, if President Trump authorizes renewed military operations.
However, officials reportedly question whether the weapon could destroy deeply buried Iranian nuclear facilities, while warning of significant civilian casualty risks.
No strike has been authorized or announced. The White House says Trump is keeping all options available.
Source: CNN Exclusive
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The Pentagon has reportedly developed new strike plans targeting Iranian energy infrastructure and nuclear facilities, potentially involving the GBU-43/B MOAB, America's largest non-nuclear bomb.
According to CNN, the plans could be considered before or after the U.S. midterm elections, if President Trump authorizes renewed military operations.
However, officials reportedly question whether the weapon could destroy deeply buried Iranian nuclear facilities, while warning of significant civilian casualty risks.
No strike has been authorized or announced. The White House says Trump is keeping all options available.
Source: CNN Exclusive
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*EU BEGINS ASSESSING ADDITIONAL SECTORS FOR CHINA TRADE QUOTAS
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UKRAINE REPORTEDLY RUNS OUT OF PATRIOT MISSILES
Ukraine has exhausted its supply of U.S.-made Patriot interceptors, according to a CNN source.
The shortage leaves the country more vulnerable to Russian ballistic missile attacks.
The report remains unconfirmed independently.
Source: CNN
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Ukraine has exhausted its supply of U.S.-made Patriot interceptors, according to a CNN source.
The shortage leaves the country more vulnerable to Russian ballistic missile attacks.
The report remains unconfirmed independently.
Source: CNN
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GERMANY PLANS MAJOR AI PARTNERSHIP WITH NVIDIA — HANDELSBLATT
German Chancellor Friedrich Merz is preparing a major AI partnership with Nvidia ($NVDA ), backed by hundreds of millions of euros in government funding.
The initiative aims to accelerate industrial AI, robotics and autonomous systems, with Siemens, Audi and Deutsche Telekom among the companies involved.
Nvidia CEO Jensen Huang is expected in Berlin on Monday, with an official announcement planned next week.
The goal: Strengthen Germany's position in the global AI race.
Source: Handelsblatt
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German Chancellor Friedrich Merz is preparing a major AI partnership with Nvidia ($NVDA ), backed by hundreds of millions of euros in government funding.
The initiative aims to accelerate industrial AI, robotics and autonomous systems, with Siemens, Audi and Deutsche Telekom among the companies involved.
Nvidia CEO Jensen Huang is expected in Berlin on Monday, with an official announcement planned next week.
The goal: Strengthen Germany's position in the global AI race.
Source: Handelsblatt
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$CRWV - HUANG: COREWEAVE'S COST OF CAPITAL IS `ACTUALLY DECREASING'
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HUANG: `COREWEAVE'S STRENGTH IS IMPROVING EVERY DAY'
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HUANG SAYS NVIDIA DOESN'T NEED TO BACKSTOP COREWEAVE
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ZELENSKYY: RUSSIA LAUNCHED NEARLY 1,000 DRONES AS UKRAINE SEEKS MORE AIR DEFENSE
President Zelenskyy says Russia has launched nearly 1,000 drones since yesterday, alongside multiple waves of ballistic missile strikes targeting Ukrainian infrastructure.
Following talks with NATO Secretary General Mark Rutte in Brussels, Zelenskyy called for urgent deliveries of ballistic missile interceptors and F-16 ammunition.
He also warned that Starlink restrictions are creating additional challenges for Ukraine's defense.
Source: President Zelenskyy via Telegram
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President Zelenskyy says Russia has launched nearly 1,000 drones since yesterday, alongside multiple waves of ballistic missile strikes targeting Ukrainian infrastructure.
Following talks with NATO Secretary General Mark Rutte in Brussels, Zelenskyy called for urgent deliveries of ballistic missile interceptors and F-16 ammunition.
He also warned that Starlink restrictions are creating additional challenges for Ukraine's defense.
Source: President Zelenskyy via Telegram
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