Pentagon Gaming Out "Sustained, Weeks-Long Military Campaign" Against Iran Which Could Open Pandora's Box

Already escalating the conflict with a flurry of airstrikes on Monday, Israeli ground troops have further expanded the ground war in Lebanon today, with a new round of offensives north of the Litani River, as troops move beyond the “Yellow Line” they established at the start of the ceasefire. Officials still aren’t being clear exactly […]

Shopify Crashes On First Revenue Miss In Four Years, Wells Fargo Warns AI Costs Hitting Margins Shopify shares crashed in premarket trading in New York after the first sales miss since 2022. Investors focused on subscription revenue that fell short of the Bloomberg Consensus estimate, and Wells Fargo analysts pointed to gross margin headwinds due to AI. Third quarter revenue rose 32% to $3.74 billion, falling just short of the consensus estimate of $3.75 billion. Subscription Solutions revenue missed, while Merchant Solutions, its largest business, was roughly in line. Gross merchandise...

Oil Slides As Qatar Touts 'Talks' Again; Iran Struck Large Crude Tanker Overnight Iran is said to have struck a Very Large Crude Carrier in the Strait of Hormuz late on Monday, signaling what will likely be the resumption of strikes on foreign vessels seeking to navigate the Strait of Hormuz, after last week's diplomatic talks at the UN failed to produce a breakthrough. Still, for the time being more oil is being shipped through the strait compared to where the situation was for the past many months of war. Maritime...