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Futures Rise As CoreWeave Calms Debt Jitters, Sparking AI Rebound; Oil Jumps On Hormuz Mines

Futures Rise As CoreWeave Calms Debt Jitters, Sparking AI Rebound; Oil Jumps On Hormuz Mines US futures are higher as a trifecta of AI catalysts, i) CoreWeave's beat-and-raise, ii) reports that Anthropic's bankers are weighing an IPO valuation of $1.5 trillion or more and iii) word that OpenAI's quarterly revenue hit $10 billion for the first time, revived the battered tech trade and helped markets shrug off Tuesday's hot CPI hangover, even as oil rebounded after Iran's IRGC claimed two tankers hit mines in the Strait of Hormuz; as a...
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Oct 20, 2026 / Tyler Durden
Toyota's "Next Gen" Corolla Built In China Will Offer Multiple Powertrains
Toyota's "Next Gen" Corolla Built In China Will Offer Multiple Powertrains Toyota is taking a more flexible approach to electrification, preparing to launch a redesigned Corolla in China in 2028 that can be manufactured with gasoline, hybrid or fully electric powertrains, according to Nikkei Asia. The move comes as automakers increasingly rethink their EV strategies amid slowing growth, fierce competition and uncertainty about how quickly consumers will abandon combustion engines. Nikkei writes that the new Corolla will be built through Toyota's FAW joint venture using a multipathway platform designed to streamline...
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Oct 13, 2026 / Tyler Durden
Iran Rebuilding Missile Stockpile For Possible Renewed Fighting, Israeli Officials Say
Iran Rebuilding Missile Stockpile For Possible Renewed Fighting, Israeli Officials Say Authored by Tom Ozimek via The Epoch Times, Iran has rebuilt a significant portion of its ballistic missile stockpile and is working to expand it as it prepares for possible renewed fighting with the United States and Israel in the coming weeks, senior Israeli security officials told Epoch Magazine Israel. Missiles produced by Iran’s armed forces are displayed near a row of Iranian flags in Tehran, Iran, on Feb. 11, 2026. Majid Saeedi/Getty ImagesIsraeli officials assessed that the buildup reflects Tehran's...
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Oct 28, 2026 / Dave DeCamp
Russia and Ukraine Expect To Hold Trilateral Talks With the US in Abu Dhabi, But No Date Set
Russia and Ukraine expect to hold talks in Abu Dhabi sometime in November, though no date is set, as the two sides continue to observe a local ceasefire around the Russian-controlled town of Oleshky in Ukraine’s Kherson region. Yury Ushakov, an aide to Russian President Vladimir Putin, told reporters that Russia expects to hold trilateral […]
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