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Mojtaba Khamenei: The Rise of Iran’s New Supreme Leader

                      A picture of Iran's new supreme leader, Mojtaba Khamenei, is displayed on a screen in Tehran Mojtaba Khamenei, 56, has emerged as Iran’s new supreme leader following the assassination of his father, Ayatollah Ali Khamenei, in joint U.S.–Israeli strikes. His appointment by the Assembly of Experts comes at a moment of profound crisis for Iran, as the country faces regional war, internal instability, and intense international scrutiny.  A Secretive Heir With Deep Establishment Ties Mojtaba, long considered influential behind the scenes, is a mid-ranking cleric with strong connections to the Islamic Revolutionary Guard Corps (IRGC). His political rise signals continuity of Iran’s hardline establishment, despite the country’s ideological discomfort with hereditary succession.  A Leader Shaped by Conflict and Loss His ascension comes amid the “Ramadan War,” during which he was reportedly wound...

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Wall Street Surges as Tech Rally Pushes Indexes Toward Record Highs

U.S. stocks soared Tuesday, with the S&P 500 and Nasdaq Composite closing at their highest levels since February, inching closer to all-time records. The Dow Jones Industrial Average also joined the rally, climbing over 500 points, or roughly 1.2%.

The surge was fueled by renewed optimism in megacap tech stocks, particularly Nvidia, Microsoft, and Apple, which helped the Nasdaq 100 notch a fresh closing high. Investors were also buoyed by signs of geopolitical easing, as a fragile U.S.-brokered ceasefire between Israel and Iran appeared to hold, easing fears of oil supply disruptions.

Federal Reserve Chair Jerome Powell’s testimony to Congress added to the bullish sentiment. Powell signaled that*interest rate cuts could come “sooner rather than later”, while maintaining a cautious stance amid ongoing tariff concerns.

With the S&P 500 now within 1% of its record high and the Nasdaq already setting new benchmarks, Wall Street appears to be regaining its footing after a volatile spring. The rally underscores investor confidence in both the resilience of the U.S. economy and the enduring strength of the tech sector.

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