The U.S. military conducted strikes against Iran following new attacks on shipping in the Strait of Hormuz, according to U.S. Central Command. The action escalates tensions in a critical global oil transit route.
Major U.S. equity indexes declined at midday as a global bond sell-off pressured markets. Geopolitical tensions were also cited as weighing on sentiment.
The U.S. House is expected to vote on a short-term spending measure. The bill would avoid a government shutdown until after November's midterm election.
The article previews Ciena's upcoming earnings report on September 3 and its potential to lift the stock. It highlights the company's positioning as a top AI pick-and-shovel investment.
The article evaluates whether Amylyx Pharmaceuticals remains a buy after its stock skyrocketed 247%. The company raised $500 million to strengthen its balance sheet.
GoPro announced a merger agreement with privately held optical-photonics company Starman Optical. The deal is intended to maximize the value of GoPro's IP and growth potential in consumer, commercial, and defense markets.
The article highlights a high-yield dividend stock positioned to benefit from tariffs, midterms, and rising bond yields. It notes September is traditionally weak for stocks.