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Tehran in Turmoil as Residents Flee Following Trump’s Urgent Warning

The streets of Tehran are rapidly emptying as residents heed an urgent warning from U.S. President Donald Trump, who called for the immediate evacuation  of the Iranian capital amid escalating tensions between Iran and Israel.  Trump’s statement, posted on his Truth Social platform, emphasized that “Iran cannot have a nuclear weapon” and urged the city’s nearly 10 million residents to leave before it was “too late”. His remarks came as Israel intensified its airstrikes on Tehran, targeting key infrastructure and military sites.  Reports indicate that major roads leading out of Tehran are clogged with traffic, as families scramble to find safety. The city’s historic Grand Bazaar has shut down, an unusual move that underscores the severity of the situation. Meanwhile, Iranian authorities insist that “everything is under control” , though no official evacuation order has been issued.  The international community is closely monitoring the crisis, with leaders of the Gro...
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US Stock Market Surges on Tech Giants’ Robust Earnings

 

The US stock market experienced a significant upswing today, propelled by the impressive earnings reports from tech behemoths Alphabet and Microsoft. The positive financial disclosures have sparked renewed optimism among investors, leading to a notable jump in US futures.

  • Tech Rally: The robust earnings from Alphabet and Microsoft have reignited confidence in a potential rally led by Big Tech companies.
  • Inflation Watch: Despite the upbeat mood, investors remain cautious as they await the personal consumption expenditures price index, which could influence Federal Reserve policies.
  • Market Dynamics: The market’s buoyancy is also reflected in individual stock movements, with shares of Snap soaring in premarket trading, indicating a successful overhaul of its digital ad business.

This surge in the stock market underscores the pivotal role that major tech companies play in shaping market sentiment and the broader economic landscape. Investors continue to monitor key economic indicators and corporate earnings to gauge the market’s direction in the coming days.






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