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First Iranian Oil Moves Past US Blockade Ahead Of Deal Signing
First Iranian Oil Moves Past US Blockade Ahead Of Deal Signing
By Tsvetana Paraskova of OilPrice.com
Iran’s first observed crude oil exports in two months have moved past the US blockade outside the Strait of Hormuz in a sign that Iran is wasting no time to take advantage of the tentative deal with the United States.
Following the announcement of the deal this weekend, and ahead of a formal signing ceremony expected in Switzerland on Friday, at least three Iranian crude oil tankers have exited the Strait of Hormuz and departed from...
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Jul 14, 2026 / Tyler Durden
SaaSpocalypse Is Back: IBM Crashes Most Since 1987 As Customers Abruptly "Shift CapEx Spending"
SaaSpocalypse Is Back: IBM Crashes Most Since 1987 As Customers Abruptly "Shift CapEx Spending"
IBM shares plunged almost 20% in premarket trading, putting the stock on track for its worst intra-day collapse since Oct. 19, 1987.
Worse than the Dot Com crash...
The catalyst for the selloff was IBM CEO Arvind Krishna's letter to investors outlining preliminary second-quarter results.
Here is what's key:
IBM CEO: DID NOT ANTICIPATE MAGNITUDE OF CAPEX REPRIORITIZATION
Traders were likely caught off guard by a 7% decline in infrastructure revenue, raising new concerns about demand across one of IBM's key...
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May 11, 2026 / Tyler Durden
Norovirus Outbreak Sickens 115 People on Caribbean Princess Cruise Ship, CDC Says
Norovirus Outbreak Sickens 115 People on Caribbean Princess Cruise Ship, CDC Says
Authored by Aldgra Fredly via The Epoch Times,
More than 110 people aboard the Caribbean Princess cruise ship have fallen ill due to a norovirus outbreak, a common cause of gastrointestinal illnesses, according to the Centers for Disease Control and Prevention.
The Caribbean Princess, owned by Princess Cruises, departed from the port of Fort Lauderdale, Florida, on April 28 and is currently sailing in the North Atlantic Ocean, according to CruiseMapper.
The voyage dates were April 28 to May 11. The ship...
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Jun 1, 2026 / Tyler Durden
Florida Becomes First State To Sue "Unsafe" OpenAI And Sam Altman Over AI Harms
Florida Becomes First State To Sue "Unsafe" OpenAI And Sam Altman Over AI Harms
OpenAI no longer has to worry about being last in the AI IPO race and lagging ARRs when compared to Anthropic, not to mention a potential Supreme Court showdown against Elon Musk (pending appeal). Earlier today, Florida became the first state to file a lawsuit against OpenAI and its chief executive, Sam Altman, launching a new broadside in a growing rebellion against the alleged safety failings of artificial-intelligence chatbots.
The lawsuit, filed Monday by Florida Attorney General...
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