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U.S. stock futures lost momentum Friday morning as Wall Street tried to steady itself after several days of sharp swings. Dow futures slipped, while S&P 500 and Nasdaq futures hovered slightly lower, signaling a cautious start to the trading day. The hesitation came largely from Intel’s disappointing earnings report. The chipmaker’s results and weaker outlook weighed heavily on tech sentiment, sending its shares sharply lower in pre‑market trading. Investors had hoped for stronger numbers given the industry’s AI‑driven momentum, but Intel’s update suggested ongoing challenges in key segments like data‑center chips. The broader market has been wrestling with volatility all week, driven by shifting economic expectations and uneven corporate results. With the S&P 500 on track for another weekly decline, traders appear reluctant to make big moves until they see clearer signs of stability.
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Helicopter Carrying Iran’s President Suffers “Hard Landing” in Foggy Region

 

A helicopter carrying Iranian President Ebrahim Raisi, the country’s foreign minister, and other officials apparently crashed in the mountainous northwest reaches of Iran on Sunday. The incident occurred in a fog-shrouded forest near Jolfa, a city on the border with Azerbaijan, approximately 600 kilometers (375 miles) northwest of the Iranian capital, Tehran.

Details of the Incident

  • Who Was Onboard? President Raisi was traveling in Iran’s East Azerbaijan province. He was accompanied by Foreign Minister Hossein Amirabdollahian, the governor of Iran’s East Azerbaijan province, and other officials and bodyguards.
  • Weather Conditions: The crash occurred in heavy fog, complicating rescue efforts.
  • Contradictory Reports: While some sources referred to it as a “hard landing,” others used the term “incident.” State TV initially reported the crash near Jolfa but later placed it farther east near the village of Uzi.
  • Raisi’s Condition: As of now, there is no official information about President Raisi’s condition. However, hard-liners have urged the public to pray for him.

Context and Sensitivity

The timing of this incident is particularly sensitive for Iran. Under President Raisi and Supreme Leader Ayatollah Ali Khamenei, Iran recently launched an unprecedented drone-and-missile attack on Israel. Additionally, the country has enriched uranium closer than ever to weapons-grade levels. Amid mass protests against its Shiite theocracy over economic issues and women’s rights, this helicopter crash adds to the tension in the region.

As rescue teams continue their efforts, the public remains concerned about the well-being of President Raisi and the implications of this incident for Iran’s future.

Please note that this information is based on available reports, and further updates may provide additional details about the crash and its aftermath. Our thoughts are with those affected by this tragic event. 


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