Article
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Walmart Tumbles On Disappointing Guidance; Warns Low-Income Consumers Drowning, High Fuel Costs Will Hit Profit
Extending concerns about US consumer weakness - now that the bumper OBBBA tax refund period is over - after yesterday's earnings by Home Depot and Target, this morning Walmart reported Q1 earnings (the last big company to report, rounding out earnings season) and warned that fuel costs are squeezing the company’s bottom line and could lead to higher prices for shoppers.
In the latest quarter, the world’s largest retailer said comparable sales in US stores rose 4.1%,...
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Aug 13, 2026 / Tyler Durden
Tehran's Houthi Proxies Attack Saudi Aramco Again, Crude Spikes, As Iran's Military Command To Be 'More Aggressive'
Tehran's Houthi Proxies Attack Saudi Aramco Again, Crude Spikes, As Iran's Military Command To Be 'More Aggressive'
Summary
Saudi Aramco attacked again: Houthi drone strikes on a Saudi refinery sent oil prices higher.
Hormuz stalemate & standoff: US says it can sustain the Iranian port blockade indefinitely.
Iran digs in: Tehran appears prepared for a prolonged war of attrition.
Hard-liners rise: Iran reshuffled senior security leadership toward a more aggressive posture.
Diplomacy dead-end: Iran says the U.S. has miscalculated, while talks remain deadlocked.
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Attack on Saudi Aramco Facility Sees Crude Spike
Oil prices have spiked...
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CNN: Iran Has Been Able to Dig Out Missile Tunnels
During the ceasefire, Iran has been able to dig out sites tied to its missile program that were bombed by the US during the first five weeks of the war. CNN reports reviewing satellite imagery that shows Tehran used simple construction equipment to dig out several missile launchers and other tunnels tied to its missile […]
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Israeli Strike in Central Gaza Kills at Least One Palestinian
An Israeli strike in central Gaza on Tuesday killed at least one Palestinian man and injured another person, medical sources told Turkey’s Anadolu Agency, as the IDF continues its daily attacks and constant violations of the US-backed ceasefire deal. The deceased, identified as Abdulrahman al-Shaafi, was killed when two Israeli missiles hit the entrance of […]
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