AI chipmaker Cerebras files to go public after scrapping IPO plans last year
[ad_1] Cerebras, a producer of chips that run artificial intelligence models, on Friday filed to go public on Nasdaq under the ticker symbol “CBRS.” Cerebras reported a $87.9 million in net income on $510 million in revenue during 2025, according to Friday’s filing. Revenue grew nearly 76% from 2024, when the company had a $485 […]
Earnings poised to stoke confidence in a stock market that has rebounded to all-time highs. Here’s what’s ahead
[ad_1] Just as earnings season revs into full gear, the bulls have taken hold of Wall Street amid growing hopes the U.S.-Iran war will soon end. The S & P 500 and Nasdaq Composite rallied to all-time highs not breached since January this week on news that Iran will reopen the Strait of Hormuz for […]
European defense startups eye commercial deals and hiring push in the Middle East amid the Iran war
[ad_1] European defense tech startups are ramping up commercial discussions with Middle East governments since the Iran war, company execs told CNBC. Another CEO said interest from Gulf states was “skyrocketing” as they race to bolster measures to counter drone and missile attacks. Iran has targeted its neighbors since a joint U.S.-Israeli military operation began […]
Dozens of Britons detained in UAE after ‘filming drone and missile attacks’
[ad_1] Missile strikes on the glamorous Gulf State have been shared widely on social media (Picture: EPA/X) As many as 70 Britons have been locked up in the United Arab Emirates for filming Iranian attacks on the Middle Eastern country. British tourists, expats and cabin crew are being held in overcrowded police cells and could […]
More than 40 Middle East energy assets ‘severely damaged,’ IEA chief says
[ad_1] Fatih Birol, executive director of the International Energy Agency (IEA), speaks at the National Press Club in Canberra, Australia, on Monday, March 23, 2026. Bloomberg | Bloomberg | Getty Images The head of the International Energy Agency said on Monday that at least 40 energy assets across nine countries in the Middle East have […]
Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue
[ad_1] An Iranian security personnel monitors an area in phase 19 of the South Pars gas field in Assalooyeh on Iran’s Persian Gulf coast 1,400 km (870 miles) south of Tehran on August 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images U.S. President Donald Trump on Wednesday warned that if Iran continued targeting Qatar’s […]
Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
[ad_1] Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP A fresh wave of attacks on the United Arab Emirates’ energy infrastructure has ramped up concerns over prolonged supply disruptions amid the Iran war. It comes after the world’s largest ultra-sour […]
UAE’s Fujairah oil trading hub targeted by a drone attack, causing large fire
[ad_1] A drone attack at the United Arab Emirates’ key oil trading hub of Fujairah triggered a large fire, authorities said on Monday, with no injuries reported. “Civil Defense teams in the Emirate immediately responded to the incident and are continuing their efforts to control it,” Fujairah Media Office said on social media, according to […]
Three more ships struck in the Persian Gulf as Iran warns of oil prices hitting $200
[ad_1] Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP | Getty Images Three more foreign ships were struck in the Persian Gulf overnight, authorities said, as attacks intensify on vessels sailing through or near the strategically vital Strait of Hormuz. The latest incidents come after three separate vessels sustained damage in […]
‘Explosions in the sky’ —passengers recount scenes of war as first flight from Dubai to West Coast lands at SFO
[ad_1] San Francisco International Airport welcomed its first non-stop Emirates flight from the Middle East since the start of the Iran war. Thursday marked long-awaited reunions as passengers from Dubai finally embraced their loved ones. Thursday marked long-awaited reunions as passengers from Dubai finally embraced their loved ones. dpa/picture alliance via Getty Images Several travelers […]