BREAKING: Nvidia CEO Jensen Huang says to buy Qualcomm, $QCOM, stock.
"I spent the whole day selling other peoples' stock. It's good, we should be happy other people succeed," he says.
BREAKING: President Trump reportedly called Israeli Prime Minister Netanyahu and warned him that if he went back to war with Iran, he might be fighting on his own, per Axios.
Trump reportedly said, "Bibi, you better be careful, or you will be on your own very soon."
Global investors are dumping South Korean stocks at an unprecedented pace:
Foreign investors sold -$801 million of Kospi-listed shares on Monday.
This follows -$10 billion in outflows recorded last week.
Foreign investors have now offloaded South Korean stocks in every trading session over the past month.
Timeline of events today:
🇮🇱 Israel strikes Beirut, Lebanon.
🇮🇷 Iran launches ballistic missiles towards Israel.
🇺🇸 President Trump says he's not happy with Israel's initial strike in Beirut & tells Netanyahu not to respond right away.
🇮🇱 Israel strikes Tehran, Iran.
WATCH: Another angle shows the private jet crash during an attempted emergency landing at La Romana International Airport in the Dominican Republic. Two crew members were killed.
Container shipping rates are surging amid the Iran War:
The spot rate for a 40-foot container from Asia to the US West Coast jumped +$655, or +20%, over the last week, to ~$3,933, the highest in at least 6 months.
At the same time, the rate from Asia to Northern Europe jumped +$793, or +27%, to ~$3,649.
Since the start of the Iran War, Asia-to-US container rates have surged +109%, and Asia-to-Europe rates are up by more than +50%.