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US President Trump: I don't like Iran talking to me and then denying it.
US President Trump: Iran did not attack ships protected by the United States.
US President Trump: I don't want to reveal whether we will arm Iranian civilians.
Local officials say Russian troops attacked Kramatorsk, Ukraine, killing three and injuring five.
Marathon Petroleum (MRO.N): Even if the Straits were to open immediately, the normalization of global fuel flows would still take time.
US President Trump: Iran is in negotiations.
Trump on Iran: We have dealt it a heavy blow.
US President Trump reiterated that if Iran possesses nuclear weapons, "the world will be in trouble."
US President Trump: We must never allow Iran to have nuclear weapons.
BlackRock CEO Fink stated that a new asset class will be "computing power futures".
Marathon Petroleum (MRO.N) CEO: 6% of global refining capacity has been shut down due to the war.
Sources say OpenAI's joint venture is in talks to acquire three AI service companies.
May 5th - The Hunan Provincial Emergency Management Department announced on the 5th that all fireworks and firecracker enterprises in the province will be shut down for rectification, effective immediately, to prevent and eliminate various safety hazards. This rectification will focus on production, operation, transportation, setting off, and export, with a focus on investigating and punishing enterprises for exceeding standards, subcontracting, producing and selling substandard or prohibited products, and independent production by multiple shareholders. The "five batches" requirements will be strictly implemented: severely cracking down on a batch of illegal activities, closing down a batch of illegal businesses, cleaning up and destroying a batch of substandard or prohibited products, publicly exposing a batch of typical cases, and issuing notices and holding talks with a batch of regions with prominent problems, ensuring that illegal activities in the fireworks and firecracker industry are effectively rectified.
On May 5th, TankerTrackers reported that satellite imagery suggests an Iranian oil tanker may have broken through the US blockade. The Iranian-flagged supertanker "Huge," after months of absence from digital vessel tracking systems, signaled on Sunday that it was located near Bali. TankerTrackers co-founder Samir Madani stated that satellite imagery also showed the ship in that area, just hours before the US blockade began on April 13th, when it was still docked at an Iranian port.
Microsoft announced that it has signed an artificial intelligence testing agreement with the UK's AI Security Institute.
SanDisk (SNDK.O) shares rose 10.9%, pushing its total market capitalization above $200 billion.
Intel (INTC.O) shares rose 13% to $108, bringing its year-to-date gain to over 190%.
On May 5th, local time, Iranian Supreme Leader's foreign affairs advisor, Velayati, stated that the Strait of Hormuz has been closed and will not be reopened unless "the national will of the Islamic Republic of Iran decides." In a statement, Velayati said that US President Trump's claims about limiting Iran's missile capabilities are unfounded, and that Iran and the US remain at war and will continue their "resistance."
The gains in the S&P 500 and Nasdaq 100 indices narrowed rapidly as the UAE Ministry of Defense stated that its air defense systems were responding to missile and drone attacks from Iran.
Nissan will cut 900 of its 9,300 jobs in Europe by the end of this fiscal year.
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Apr 20, 2023 13:54