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Iran's military said in a statement that in the 24th phase of Operation 'Lightning' it used 'Arash' drones in the early hours to strike fuel storage, equipment warehouses and personnel quarters at the Sheikh Isa base in Bahrain. The statement said it

2026-07-24

Iran's military said in a statement that in the 24th phase of Operation 'Lightning' it used 'Arash' drones in the early hours to strike fuel storage, equipment warehouses and personnel quarters at the Sheikh Isa base in Bahrain. The statement said it also struck hangars, aircraft maintenance facilities and personnel quarters at the Azraq base in Jordan.

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2026-07-24

MORGAN STANLEY was not selected as the sole lead underwriter for SK Hynix’s US ADR listing, a deal sized at about $26.5 billion (roughly 40 trillion won) — the largest foreign IPO in the US by scale. At an assumed 0.5% underwriting fee the commission

MORGAN STANLEY was not selected as the sole lead underwriter for SK Hynix’s US ADR listing, a deal sized at about $26.5 billion (roughly 40 trillion won) — the largest foreign IPO in the US by scale. At an assumed 0.5% underwriting fee the commission totals roughly $130 million. The final syndicate is Bank of America, CITIGROUP, Goldman Sachs and JP Morgan. Inside MORGAN STANLEY the loss is viewed as a reputational setback; the bank had recently won mandates on SpaceX and ANTHROPIC and was a frontrunner for an OpenAI listing. Market participants largely attribute MORGAN STANLEY’s exclusion to its repeated bearish Korea semiconductor research, including a well-known “memory winter” analysis. Several bankers, including former MORGAN STANLEY executives, say the firm’s Seoul office increasingly believe those bearish reports may have cost the deal and that the office will be more cautious publishing similar views going forward.
2026-07-24

Intel (INTC.O): Gross margin for Q2 2026 was 40.4%.

Intel (INTC.O): Gross margin for Q2 2026 was 40.4%.
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