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Iran wants ships to pay for services when crossing the Strait of Hormuz
Iran is trying to turn the Strait of Hormuz into a paid transit system after the ceasefire tied to Trump reopened the waterway. Tehran wants ships to pay for security, safety, and environmental services while crossing the oil route, with officials putting the possible yearly income at about $40 billion for the countries involved, according...Cryptopolitan
Thu, Jun 25
Apple raised prices on iPads, Macs, HomePod, and Apple TV
Apple has shot up the prices of its devices, iPads and Macbooks, on Thursday. Chief Executive Tim Cook had already warned that the higher prices are inevitable. The reason is the heavy memory chip demand, a victim of the AI boom and massive data centers. iPhone had been lucky in this price surge as it...Cryptopolitan
Thu, Jun 25
Washington tightens EV market access as geopolitical tensions fuel global demand
Swedish electric car maker Polestar (PSNY) says it will stop selling cars in the United States after the Commerce Department blocked its sales in the country. The company, which is owned by Chinese carmaker Geely, said US officials chose not to “grant Polestar authorization under the current US Connected Vehicle Rule.” That decision means Polestar...Cryptopolitan
Thu, Jun 25
Bitcoin bears target a $52,000 price level as traders position for a 2026 decline
Bitcoin crashed to $58,700 on Thursday and now options traders are convinced it will crash as far as $52,000 before the year is over, which would be its lowest level since August 2024. That decline saw Bitcoin fall by almost 52% from its all-time high and left the OG crypto below the $60,000 level, which...Cryptopolitan
Thu, Jun 25
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Today’s Market Recap: U.S. Stocks Rebound as Nasdaq Gains 1.11%, Memory Chip Stocks Rally, SanDisk Jumps 5.5%
US Stocks Close: Nasdaq Rises 1.1% as Tech Stocks Rebound, Memory Stocks Lead Gains With Micron Up Nearly 3%
Tesla Q3 Earnings Preview: Can Auto Margins Stabilize? Wall Street’s Highest Price Target at $550
US Memory Sector Slides Again Pre-Market as Micron, SanDisk, Western Digital Erase Monday Gains
The Week Ahead: Tesla, Meta and WDC Earnings Take Center Stage as US Q3 Earnings Season Enters Key Trading Window
