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Iran launches retaliatory attack on Israel with hundreds of drones

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Iran launched a swarm of explosive drones and fired missiles at Israel late on Saturday in its first ever direct attack on Israeli territory, risking a major escalation as the United States pledged “ironclad” backing for Israel.

Sirens wailed and Reuters journalists in Israel said they heard distant heavy thuds and bangs from what local media called aerial interceptions of explosive drones. Authorities said a 7-year-old girl was critically injured.

Israel’s military spokesperson Rear Admiral Daniel Hagari said Iran launched dozens of ground-to-ground missiles at Israel, most of which were intercepted outside Israeli borders. They included more than 10 cruise missiles, he said.

The Iranian salvo amounted to more than 200 drones and missiles so far, Hagari said, and had caused light damage to one Israeli military facility.

Read More – Iran launches drone attack against Israel

The Israeli military said later that it was not advising any residents to prepare to take shelter, revising an earlier alert in what appeared to signal the end of the threat.

Significant response

Israel’s Channel 12 TV cited an unnamed Israeli official as saying there would be a “significant response” to the attack.

Iran has vowed retaliation for what it called an Israeli strike on its Damascus consulate on April crimes”. Israel has neither confirmed nor denied responsibility for the consulate attack.

“Should the Israeli regime make another mistake, Iran’s response will be considerably more severe,” the Iranian mission to the United Nations said, warning the 1 that killed seven Guards officers including two senior commanders and said its strike was a punishment for “Israeli U.S. to “stay away”. However, it also said Iran now “deemed the matter concluded”.
United Nations Secretary-General Antonio Guterres condemned Iran’s attack, and said he was “deeply alarmed about the very real danger of a devastating region-wide escalation.”
U.S. President Joe Biden, who on Friday had warned Iran against an attack, cut short a visit to his home state of Delaware to meet national security advisers in the White House Situation Room. He pledged to stand with Israel.

“Our commitment to Israel’s security against threats from Iran and its proxies is ironclad,” he said on X after the meeting.

British maritime security company Ambrey said in a statement that drones were also reportedly launched against Israel by Yemen’s Iran-aligned Houthi group.

Those clashes now threaten to morph into a direct open conflict pitting Iran and its regional allies against Israel and its main supporter the United States, with regional power Egypt urging “utmost restraint”.

While Israel and Iran have been bitter foes for decades, their long feud has mostly unfolded via proxies or by targeting each other’s forces operating in third countries.

U.S. and British warplanes were involved in shooting down some Israel-bound drones over the Iraq-Syria border area, Channel 12 reported. Two U.S. officials said the U.S. military had shot down dozens of drone aircraft headed to Israel.

Major escalation

Israeli Prime Minister Benjamin Netanyahu, whose official jet took off shortly after the attack began, convened the war cabinet at a military headquarters in Tel Aviv, his office said.

Israel and Lebanon said they were closing their airspace on Saturday night. Jordan, which lies between Iran and Israel, had readied air defences to intercept any drone or missile that violated its territory, two regional security sources said.

Residents in several Jordanian cities said they heard heavy aerial activity.

Syria, an ally of Iran, said it was putting its ground-to-air defence systems around the capital and major bases on high alert, army sources there said.

The European Union, Britain, France, Mexico, Czechia, Denmark, Norway and the Netherlands all condemned Iran’s attack.

Israel has been bracing for an Iranian response to the Damascus consulate strike since last week, when Iran’s Supreme Leader Ayatollah Ali Khamenei said Israel “must be punished and shall be” for an operation he called equivalent to one on Iranian soil.

Biden said on Friday that his only message to Iran was “Don’t”, but added that “we are devoted to the defense of Israel.”

Iran’s main ally in the region, the Lebanese Shi’ite group Hezbollah that has been exchanging fire with Israel since the Gaza war began on Oct. 7, said early on Sunday it had fired rockets at an Israeli base.

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AI stocks surge amid market shifts and spending warnings

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

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AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.


The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.

Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.

Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.

These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.

Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.

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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews


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AI investments set to surge in 2026 as companies target productivity gains

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

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Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.


Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.

Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.

AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.

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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending


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Stocks, AI and the economy: What to expect in 2026

2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!

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2025’s market turmoil analyzed: AI hype, tariffs, global politics, and Federal Reserve impacts—tune in for expert insights!


2025 has been a rollercoaster for investors, with AI hype, tariffs, and global politics shaking up markets. We break down what these trends mean for your portfolio and the risks ahead.

Joining us for insights is Kyle Rodda from Capital.com, who explains how Treasury yields, unemployment data, and inflation readings are shaping investor sentiment. We also dive into what the Federal Reserve’s recent moves could mean for 2026.

From the potential impact of a 43-day government shutdown to payroll numbers and market expectations, this episode gives you the clarity you need to navigate the next year in stocks.

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#StockMarket #Investing2026 #AIStocks #FederalReserve #EconomyWatch #MarketTrends #FinanceNews #TreasuryYields


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