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Shares of new cloud companies fell after Musk previously stated that these companies would face significant consolidation and bankruptcy. Nebius (NIBS.O) fell 4.7%, Coreweave (CRWV.O) fell 4%, and IREN (IREN.O) fell 2.8%.

2026-10-26

Shares of new cloud companies fell after Musk previously stated that these companies would face significant consolidation and bankruptcy. Nebius (NIBS.O) fell 4.7%, Coreweave (CRWV.O) fell 4%, and IREN (IREN.O) fell 2.8%.

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2026-10-26

China A-shares closed mixed. Shanghai Composite rose 0.19%, Shenzhen Composite fell 1.19% and the ChiNext Index dropped 1.71%. Combined turnover across Shanghai and Shenzhen were 1.61 trillion yuan, down 347.5 billion yuan from the prior session. Mor

China A-shares closed mixed. Shanghai Composite rose 0.19%, Shenzhen Composite fell 1.19% and the ChiNext Index dropped 1.71%. Combined turnover across Shanghai and Shenzhen were 1.61 trillion yuan, down 347.5 billion yuan from the prior session. More than 3,100 stocks declined. Oil & gas led gains: PetroChina jumped nearly 5% to a high not seen since May 2008, while CNOOC and other oil names rose over 4%. The humanoid-robotation theme spiked intraday then faded; several small-cap robotics names hit daily limits and Yushu Technology-W gained more than 7%. Property, airport and shipping sectors outperformed; precious metals, semiconductors and electronic components lagged.
2026-10-26

According to the Iranian Labour News Agency (ILNA), the chairman of the Iranian parliament's construction committee stated that the Strait of Hormuz is currently under complete Iranian control, and no vessel may pass through the strait without Irania

According to the Iranian Labour News Agency (ILNA), the chairman of the Iranian parliament's construction committee stated that the Strait of Hormuz is currently under complete Iranian control, and no vessel may pass through the strait without Iranian permission. The official also predicted that the pace of increase in international crude oil prices would accelerate further in the coming days.
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