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Iranian Official Denies There Have Been Talks Between the US and Iran on Extending MoU Ceasefire

An Iranian source speaking to Reuters has denied that the US and Iran had agreed to extend a 60-day ceasefire under the US-Iran Memorandum of Understanding, since the deal fell apart shortly after it was signed. The official was responding to a report from Turkey’s Anadolu Agency, which cited Pakistani government sources who claimed that […]
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Jul 17, 2026 / Tyler Durden
Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown
Futures Tumble As Latest Chinese "DeepSeek Moment" Sparks Chip Meltdown A surprise breakthrough from Chinese AI startup Moonshot (which is now at the top of the Frontend code benchmark on Arena) rumbled through global markets, sending chip stocks reeling, as queasiness returned about the industry’s unprecedented spending spree (something we have been warning about for the past year). Moonshot claims its new Kimi K3 model rivals top offerings from OpenAI and Anthropic in a release reminiscent of last year’s “DeepSeek moment.” It came as President Xi Jinping appeared at China’s premier...
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Jul 28, 2026 / Dave DeCamp
Yemeni Forces Target Another Saudi Tanker in the Red Sea
Yemen’s Ansar Allah, also known as the Houthis, announced on Tuesday that its forces targeted another Saudi tanker as Yemeni forces continue to enforce a maritime blockade on Saudi Arabia. According to Yemen’s SABA news agency, Ansar Allah military spokesman Yahya Saree said the NCC Ghazar, a chemical/oil products tanker, was targeted for “violating the […]
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Mar 4, 2026
Defense executives plan to meet at White House as strikes on Iran diminish stockpiles
" The meeting underscores the urgency felt in Washington to shore up weapons stocks after the Iran operation drew heavily on munitions..."
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