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Israel Defense Forces: The Israel Defense Forces attacked a key sonar and underwater detection system production site inside Iran. We continue to inflict deeper damage on all systems and capabilities of the Iranian regime.Sources say Sony Pictures will lay off hundreds of employees.On April 8th, Federal Reserve Chairman John Goolsby stated that he is concerned the war with Iran would not only drag down economic growth but also push up inflation, putting the Fed in a difficult position as there is no clear "operational guide" to instruct it on how to respond. Goolsby said, "My biggest concern right now is that we must deal with the impending oil crisis, which will lead to stagflation. Tariffs caused prices to surge, but prices should have gradually fallen back; now the shock has hit before the effects have subsided."Musk stated that he looks forward to collaborating with Intel (INTC.O) on the Terafab project.April 8th - According to sources familiar with the matter, Apples (AAPL.O) first foldable phone is expected to launch as scheduled later this year during the usual iPhone release period, alleviating concerns about major production issues. Sources indicate the company plans to launch the foldable model in September, alongside the iPhone 18 Pro and 18 Pro Max. Previously, a Nikkei report stated that Apple encountered some difficulties during the phones engineering testing phase, which could delay production and shipping plans. Following this news, Apples stock price fell by as much as 5.1%. While the complexity of the new display and materials may limit initial supply for several weeks, the sources said Apple is currently planning to launch the device around or slightly after the release of its new non-foldable model. However, with six months to go before the launch and production not yet fully underway, the specific timing is not yet finalized.

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