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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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Wall Street Opens Higher as Earnings Drive Investor Optimism

 


Markets Edge Up Amid Mixed Earnings and Trade Jitters

U.S. stock futures rose modestly Wednesday morning, signaling cautious optimism as investors digested a fresh wave of corporate earnings and looming trade policy shifts. Futures tied to the Dow Jones Industrial Average climbed 0.5%, the S&P 500 gained 0.4%, and the tech-heavy Nasdaq 100 edged up 0.3%.

Earnings in Focus

  • Advanced Micro Devices (AMD) posted mixed results, citing strong AI demand but facing headwinds from shifting U.S. chip export policies. Its shares fell 5% pre-market due to margin pressure and uncertain guidance.
  • Super Micro (SMCI) also disappointed, with an earnings miss highlighting intensifying competition in the AI server space.
  • Palantir (PLTR) defied the trend, surging 7.85% post-earnings and maintaining momentum. Analysts are bullish on its long-term AI potential, with Wedbush projecting a possible trillion-dollar valuation in coming years.

EV Sector Struggles

Electric vehicle makers Rivian (RIVN) and Lucid (LCID) warned that the expiration of EV tax credits could dampen future sales. Both stocks tumbled in response.

Trade Tensions and Economic Data

President Trump’s escalating trade threats—particularly around chip sales to China—added uncertainty. Meanwhile, new data showed the U.S. services sector unexpectedly flatlined, raising concerns about economic momentum.

Looking Ahead

Investors are now eyeing earnings from Disney (DIS) and McDonald’s (MCD), set to report later today. With a potential Fed rate cut on the horizon, momentum stocks could see further upside.


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