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Iran, Oman Reach Strait of Hormuz Revenue Sharing Deal
Iranian officials have announced that Tehran and Muscat will split the revenue generated by tolls for vessels crossing the Strait of Hormuz. The two countries also agreed to limited military transits through the critical waterway. “Agreements have been reached regarding each country’s share of the strait’s waters as well as Iran and Oman’s share of […]
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May 21, 2026 / Tyler Durden
Quantum Stocks Erupt As U.S. Gov't Awards $2 Billion, Takes Equity Stakes
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IBM and small-cap quantum names, including IonQ, D-Wave Quantum, Rigetti Computing, Infleqtion, and other peers, are surging in New York premarket trading after a Wall Street Journal report said the Trump administration is preparing to award $2 billion in CHIPS Act grants to nine quantum-computing companies.
IBM is set to receive half of the $2 billion tranche, or about $1 billion, as the large-cap leader in the race to build quantum computing systems that could revolutionize national security, accelerate...
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Aug 13, 2026 / Tyler Durden
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Agentic Wars Begin: Amazon Blocks Meta's Agents As Muse Takes World By Storm
Agentic Wars Begin: Amazon Blocks Meta's Agents As Muse Takes World By Storm
Amazon.com has blocked Meta’s new AI agent from its retail site after the social media company declined a request to remove the bot, Bloomberg reported.
Meta’s Muse, which was introduced earlier this month and has taken the world by storm, quickly rising to the top of mobile app charts, a sign that the social media company is gaining traction in the increasingly crowded market for consumer AI assistants, and sent the company's stock price soaring, is designed to...
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