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10/24
04:00
Iraqi Prime Minister Ali al-Zaidi stated that consolidating all arms under state authority is a final and irreversible decision. He added that closing the Iraqi-Iranian border is not in the interest of either country, as it would lead to Iraq's economic self-blockade. Zaidi also noted that Iraq has successfully avoided international isolation, completed arms integration agreements with three armed factions, and is negotiating with four others. He affirmed that there are no US soldiers in Iraq and understandings have been reached for Turkish forces to withdraw from the Bashiqa base. Iraq will remain neutral and not participate in any war.
03:56
The White House announced that President Donald Trump signed a proclamation further modifying the scope of tariffs on certain Canadian products, initially announced on July 20, 2026, and modified on September 8, 2026, under Section 338 of the Tariff Act of 1930. This action aims to continue addressing Canada's discriminatory treatment of U.S. commerce. Specific modifications include removing plywood, certain paper products, certain machinery and refrigeration equipment, and certain packing cases from the tariff scope, and replacing them with certain valves, carpets, and waste products. These product additions and removals will take effect on October 30, 2026.
03:38
Meta shares experienced their worst week in four years, falling 9% and wiping $135 billion from its market capitalization. This decline is attributed to concerns over AI buildout expenses, a $25 billion lawsuit in New Mexico, potential PR issues related to a founder's tax deal, and debt financing for its AI investments. However, CNBC contributor Mike Khouw is buying, citing the immense economic opportunity of Meta's AI agent Muse and the company's current valuation (20x FY earnings, less than 17x FY2027 estimated earnings) which he believes has priced in much of the negative news. Khouw suggests selling December 580/745 strangles, expecting profits within the stock's 1-year high and low range.
03:37
SpaceX's 10-Q filing on October 22 disclosed that any potential combination with Tesla would require approval from its "controlling shareholder," which is Elon Musk, who holds approximately 85% of SpaceX's voting power. This revelation comes despite Musk's public statements that he was recusing himself from the merger discussions. Both companies formed special committees on October 20 to evaluate a proposed deal analysts estimate could create a combined entity worth around $3.5 trillion. Critics have highlighted Musk's prior public endorsement of the deal, which reportedly complicated the independent negotiation process. REX Financial estimates a merged company would give Musk roughly 57% of combined voting power. Tesla's annual meeting is scheduled for December 3.
03:35
The price of the cryptocurrency IRYS surged by 1,200%, breaking above its highest point since its listing in May. The token's latest price brings its circulating market cap close to $561 million, with only 20% of its total supply currently in circulation.
03:32
Iranian Central Bank Governor Abdolnaser Hemmati stated that the country possesses sufficient foreign exchange reserves to cover import needs for the remainder of Donald Trump's presidency and beyond. According to a government press release issued today, Hemmati said Iran is still receiving foreign exchange revenues from oil exports. Despite increasing U.S. economic pressure, Hemmati believes Washington has failed to achieve its goal of forcing Tehran to succumb to Donald Trump's demands.
03:19
Trump says he 'doesn't know anything' about potential Iran strike this weekend, responding to US Ambassador Tom Barrack's comments that the US could "absolutely" carry out a strike against Iran as soon as this weekend.
03:17
Al Jazeera reported that Israel imposed a blockade on the occupied West Bank following a shooting incident near Hebron that killed two Israeli soldiers. The Israeli army raided Palestinian homes and arrested residents. Prime Minister Netanyahu threatened military action not seen since 1967.
03:11
Ukraine's Ministry of Defense on Thursday signed a letter of intent to collaborate with Finnish technology company Nokia and satellite manufacturer ICEYE to develop new defense and satellite communication capabilities. This follows SpaceX's speed restrictions on Starlink services in Ukraine, which caused high-speed mobile devices such as drones to disconnect, impacting military operations. Ukrainian President Volodymyr Zelenskyy stated that reliable communication is a matter of national security and must rely on controllable capabilities. Zelenskyy also announced this week a partnership with Norway to jointly develop air defense and communication systems as an alternative to Starshield. Ukrainian officials said on Friday that Starlink continues to restrict connections for devices exceeding 100 miles per hour (approximately 160 kilometers per hour).
03:06
The U.S. Securities and Exchange Commission (SEC) Division of Examinations has released its examination priorities for fiscal year 2027, listing "super-intelligence and other advanced technologies that may affect market operations, compliance, fraud prevention, and investor protection" and "tokenization" as areas of focus. This marks a shift in the SEC's scrutiny of AI from business tools to systemic market variables, and the first time tokenization risks have been included in market infrastructure examination priorities, implying that related compliance programs will face stricter scrutiny.
02:48
Majed Abdullah Al-Nuzaili, spokesperson for the Yemeni Armed Forces, stated on the X platform that a failed ballistic missile launch by the Houthi group in Sana'a today resulted in the death of one family and damage to neighboring homes. The spokesperson added that similar incidents had previously occurred in Sana'a, Taiz, Ibb, and Saada.
02:38
Investors snapped up nearly $180 million in high-yield bonds issued by The Villages, a large retirement community in Florida, this week to fund expansion projects for the 57,000-acre community.
02:34
U.S. Ambassador to the United Nations Mike Waltz stated in an interview with the Financial Times that a naval blockade against Iran could continue for the "foreseeable future." Waltz also said that the so-called "maximum pressure" campaign is tightening, and the Iranian government will continue to "feel the pressure."
02:24
Israeli rights group B'Tselem has warned that Israeli leaders are planning to forcibly displace Palestinians and carry out extensive destruction in the Hebron area following today’s attack, acts it says would amount to collective punishment and potential war crimes. The group stated this is a further escalation of Israel’s ongoing campaign of ethnic cleansing and its Elimination Project in the West Bank. Far-right Israeli Finance Minister Bezalel Smotrich visited the scene of an earlier fire exchange between armed Palestinians and Israeli forces in Hebron on October 23.
02:20
Israeli bulldozers are demolishing and razing business establishments in the north of Hebron, in the occupied West Bank, following a shooting incident. An AFP report states that a Palestinian building was demolished for lacking construction permits.
02:13
The move is intended to provide relief to trade-dependent states, including Maine, potentially as early as Friday, ahead of the U.S. midterms. However, tariffs on other Canadian goods could rise to offset the reductions.
02:03
US Ambassador to Turkiye and special envoy to Syria and Iraq, Tom Barrack, stated that the US could carry out a strike against Iran as early as this weekend. Barrack clarified that any potential military action would not aim at regime change, but rather at "rebalancing so that there's no hostages, no threats, and the world can calm down."
01:50
The White House announced that President Donald Trump returned to Florida today to highlight his administration's significant achievements in serving hard-working Americans. Under President Donald Trump and Republican leadership, Florida has seen historic tax cuts, a surge in private investment and job creation, strengthened rural healthcare, accelerated infrastructure and environmental progress, expanded support for veterans, and enhanced community safety. The announcement also listed several specific accomplishments, including an average tax refund of $4,433 for Florida taxpayers in 2026, and multi-billion dollar investments in Florida by companies such as Johnson & Johnson, Williams International, and Blue Origin.

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