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  U.S. stocks stalled on Thursday as investors weighed a sharp rise in oil prices against a wave of fresh corporate earnings. Futures tied to the Dow Jones Industrial Average and the S&P 500 hovered near the flat line, while the Nasdaq 100 also showed little movement. Energy markets took center stage after oil futures jumped more than 5% following new U.S. sanctions on Russian producers, pushing Brent crude toward $66 a barrel and West Texas Intermediate closer to $62. The surge added pressure to inflation concerns already weighing on Wall Street. On the corporate front, Tesla shares slipped over 3% in premarket trading after the electric vehicle maker posted mixed third-quarter results, disappointing investors and kicking off the “Magnificent Seven” earnings cycle. IBM stock also dropped about 7% , as stronger-than-expected profits were overshadowed by weaker software revenue. Traders are now awaiting results from American Airlines and T-Mobile , with Intel set to ...

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Iran Fires Air Defenses at Isfahan Base and Nuclear Site After Drones Spotted



In a dramatic turn of events, Iran’s air defenses were activated early Friday morning near the central city of Isfahan. The reason? Suspected Israeli attack drones were spotted in the vicinity of a major air base and a nuclear site. The incident comes as a retaliation for Tehran’s unprecedented drone-and-missile assault on Israel.

While no Iranian official directly acknowledged the possibility of an Israeli attack, tensions have been running high since the Saturday assault on Israel during its conflict with Hamas in the Gaza Strip. Israel has also been targeting Iran in Syria, further escalating the situation.

Italian Foreign Minister Antonio Tajani revealed that the U.S. received “last-minute” information from Israel about the attack on Isfahan. However, U.S. Secretary of State Antony Blinken clarified that the U.S. was not involved in any offensive operations.

The apparent attack coincided with Iranian Supreme Leader Ayatollah Ali Khamenei’s 85th birthday. Israeli politicians have hinted at their country’s involvement in the incident, but the Israeli military has remained silent on the matter.

Air defense batteries were activated in several provinces as reports of drones circulated. Iranian army commander Gen. Abdolrahim Mousavi confirmed that crews targeted several flying objects. Fortunately, the explosion in the sky of Isfahan caused no damage.

The Isfahan air base, which houses Iran’s fleet of American-made F-14 Tomcats, was one of the targets. Additionally, the nuclear site near Isfahan, known as the Uranium Conversion Facility, was also under scrutiny. This facility handles fuel production and other activities related to Iran’s civilian nuclear program.

As tensions continue to simmer, the situation remains precarious. The world watches closely, hoping for a de-escalation of hostilities between Iran and Israel.

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