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Ukrainian Strike Targets Key Russian Missile Facility in Deep-Range Operation

    An employee controls an unmanned ground vehicle during an exhibition of Ukrainian drone makers, amid Russia's attack on Ukraine, in an undisclosed location Ukraine says it carried out a long‑range strike against a major Russian ballistic missile production site, marking one of Kyiv’s deepest attacks inside Russian territory since the full‑scale invasion began. According to Ukrainian security officials, the operation targeted a facility involved in manufacturing components for Russia’s Iskander missile systems—munitions frequently used against Ukrainian cities. While Moscow has not confirmed the strike, Russian regional authorities reported explosions and a subsequent fire at an industrial site. Kyiv has increasingly relied on domestically produced long‑range drones and missiles as Western military aid faces delays, and Ukrainian officials framed the attack as part of a broader effort to degrade Russia’s ability to wage war. The strike underscores Ukraine’s evolving stra...
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AI Surge Fuels Wall Street Optimism Amidst Fed Watch

 

Wall Street ended on a high note as investors’ enthusiasm for artificial intelligence (AI) outweighed concerns over the upcoming Federal Reserve meeting. The technology sector, led by giants like Alphabet and Tesla, saw a significant rebound, particularly with the Nasdaq index climbing 0.82%. Alphabet’s shares soared following reports of Apple potentially integrating Google’s Gemini AI engine into the iPhone, marking a substantial boost for the communication services sector.

Investors are keenly awaiting the Federal Reserve’s policy update, with mixed feelings about the potential outcomes. While the AI sector’s prospects have injected optimism, there’s a palpable tension regarding the Fed’s next move. The Dow Jones rose modestly by 0.20%, and the S&P 500 gained 0.63%, reflecting a cautious yet hopeful market stance.

In contrast, the Toronto Stock Exchange (TSX) experienced a slight dip, diverging from its American counterparts. This minor setback, however, has not dampened the overall market sentiment, which remains buoyed by the AI-driven tech rally. As the week progresses, all eyes will be on the Federal Reserve’s decision, which is expected to bring clarity to investors’ lingering questions about the future of monetary policy.

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