Nvidia Smashes Estimates With Record Revenue And Blowout Guidance; Stock Jumps

In "Watershed Moment" China Orders Companies To Defy US Sanctions China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time a blocking measure introduced in 2021 that was aimed at protecting its firms from foreign laws it deemed unjustified.  Refiners - including Hengli Petrochemical (Dalian) Refinery which was sanctioned last month and several other privately-owned processors - had been facing asset freezes and transaction bans. Hengli was the most ambitious target to date in China’s refining sector, and...

US Engaged In Sustained Attack Waves On Iran As Trump Boasts 'We Bombed The Hell Out Of Them' update(1745ET): The Pentagon has confirmed late in the day Sunday that US forces have continues launching more strikes on Iran throughout the day, describing that the latest wave of strikes are aimed to "degrade Iran's ability to attack civilian mariners." US Central Command has been providing more frequent updates throughout the day, as the conflict intensifies. "At 5 p.m. ET today, U.S. Central Command forces began launching more strikes against Iran to continue degrading...