Author: Admin

The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty ImagesOil prices tumbled after President Donald Trump said the U.S. has completed a deal with Iran to reopen the Strait of Hormuz. U.S. crude oil futures for July delivery were down over 5% to $80.25 per barrel by 10.25 p.m. ET, hitting the lowest level since March 10. Brent futures, the international benchmark, for August delivery traded about 4.26% lower to $83.31 per barrel, also lowest since March 10.”The Deal with the Islamic Republic…

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Elon Musk is taking SpaceX public and keeping almost all the power. Ryan Mac, a technology reporter for The Times, breaks down why the company’s record I.P.O. is both a big bet on Musk’s vision and a risk for investors.By Ryan Mac, Nour Idriss, Nikolay Nikolov, Stephanie Swart, Rafaela Balster and Sam RosenthalJune 12, 2026

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June 11, 2026 Federal Reserve Board announces final rule that establishes data standards for certain information collections For release at 11:00 a.m. EDT The Federal Reserve Board on Thursday announced a final rule that establishes data standards for certain information collections submitted to financial regulatory agencies. In addition to the Board, the standards have been approved by several other federal financial regulatory agencies. The standards are designed to promote interoperability of financial regulatory data across agencies by establishing data standards for identifiers of legal entities and other data elements. The final rule is generally similar to the proposal…

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The Trump administration’s decision to cut foreign access to Anthropic’s most powerful AI models was reportedly triggered by calls from Amazon CEO Andy Jassy.According to a report from The Wall Street Journal, Jassy contacted senior government officials on Thursday after Amazon researchers discovered a way to prompt Anthropic’s Fable 5 model into returning information that could be used for cyberattacks. The call, along with warnings from at least five other firms, led to a frantic shuffle within the White House to gauge the threat and contact Anthropic CEO Dario Amodei, who reportedly pushed back on the administration’s concerns and requests to…

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Key PointsObie Mckenzie, Director at Sharplink (NASDAQ:SBET), reported the direct sale of 12,892 shares for a transaction value of ~$96,000 on May 12, 2026, according to a SEC Form 4 filing.Transaction summaryMetricValueShares sold (direct)12,892Transaction value~$96,000Post-transaction shares (direct)24,998Post-transaction value (direct ownership)~$179,000Transaction value based on SEC Form 4 weighted average purchase price ($7.41).Key questionsHow does this transaction impact Mckenzie’s ownership in Sharplink?The sale represents a 34.02% reduction in direct holdings, with Mckenzie retaining 24,998 shares directly and no indirect or derivative positions as of May 12, 2026.Was there any indirect or derivative activity associated with this trade?All shares sold were held directly…

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The geographic boundaries dividing the Middle East’s primary capital deployers from Asia’s premier engineering hubs are officially dissolving. In a major milestone for cross-border public-private alignment, the highly anticipated LEAP East tech summit has secured formal institutional endorsement from the Innovation, Technology and Industry Bureau of the Hong Kong Special Administrative Region (HKSAR) Government. Making its highly publicised debut outside of its foundational home in Riyadh from July 8 to 10, 2026, the transcontinental tech assembly positions Hong Kong as the absolute launchpad for a multi-billion-dollar global technology and capital dialogue. The strategic layout builds directly upon the operational blueprint…

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