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Oil Rises After Iran Reiterates Nuclear Enrichment Red Line: "No Uranium Has Left The Country"
Oil Rises After Iran Reiterates Nuclear Enrichment Red Line: "No Uranium Has Left The Country"
Summary
Iran national security commission 'red line': No uranium has left the country; The right to enrich uranium, the complete lifting of sanctions, and the release of the country's assets are non-negotiable red lines.
Sentiment in early morning trade was lifted after Al Arabiya reported that "the coming hours will witness a breakthrough for the situation of the ships stuck in the strait".
Pakistani sources said Trump has demanded Iran's "immediate response" to Washington's peace proposal.
White House on Wednesday...
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May 12, 2026 / Tyler Durden
HIMS Shares Plunge As Pivot To Branded GLP-1s Weighs On Outlook
HIMS Shares Plunge As Pivot To Branded GLP-1s Weighs On Outlook
Hims & Hers shares tumbled in premarket trading in New York, the most in three months, after the company posted a first-quarter loss and revenue that missed analyst estimates tracked by Bloomberg, as costs rose amid a massive pivot from selling copycat GLP-1 drugs toward branded obesity drugs from Novo Nordisk and Eli Lilly.
Revenue for the first quarter came in at $608 million versus the $617.5 million Bloomberg Consensus estimate, while the telehealth firm swung to a loss of...
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May 15, 2026 / Tyler Durden
"Energy Is The Issue" - NANO Nuclear Highlights Reactor And Enrichment Opportunity
"Energy Is The Issue" - NANO Nuclear Highlights Reactor And Enrichment Opportunity
NANO Nuclear's founder and chairman Jay Yu was on Fox Business to discuss the company's opportunity with data centers, space, and uranium enrichment.
Yu took the time to review their recent deal with Supermicro. The combination of AI and nuclear is being seen on multiple fronts across both industries. In the past few weeks we've also seen Terrestrial Energy partnering with Riot, and Oklo collaborating with Nvidia.
Everyone understands the demand for power coming from the AI data center build...
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May 7, 2026 / Tyler Durden
Americans Will Foot The Bill For Germany's New Drug Price Controls
Americans Will Foot The Bill For Germany's New Drug Price Controls
Authored by Drew Johnson via PJMedia.com,
Germany just found a new way to lower its own healthcare costs: make Americans pay more.
In late April, German policymakers proposed changes that cap spending growth, restrict care, and force drugmakers to provide steep discounts.
These changes are supposed to save Germany money. But drugmakers still need to recoup the high costs of research and development. When a country like Germany suppresses the prices it pays for innovative medicines, those costs don't disappear — they simply shift...
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