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Iran says civilian infrastructure hit by latest wave of U.S. strikes

TazaPulseJuly 17, 2026

A giant banner depicting symbolic images of Iran’s late and current Supreme Leaders, Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei, is displayed on an avenue in Tehran, Iran, on July 16, 2026, amid ongoing tensions between Iran and the United States. Nurphoto | Nurphoto | Getty Images Iran on Friday claimed it had targeted U.S....

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Spain’s Deoleo says market has entered a new phase

TazaPulseJuly 17, 2026

Jaen city and surrounding Olive groves and trees, Jaen is known as the Olive Oil capital producing around 25% of global supply and over half of Spain’s olive oil production. Ucg | Universal Images Group | Getty Images Spain’s Deoleo, the world’s largest olive oil company, says a period of unprecedented volatility has unequivocally given...

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SpaceX aborts Starship test flight, sending stock lower

TazaPulseJuly 17, 2026

A general view of a SpaceX building and Starship rocket ahead of the SpaceX initial public offering (IPO), in Starbase, Texas, U.S., June 11, 2026. Gabriel V. Cardenas | Reuters SpaceX scrubbed the launch of its Starship mega rocket on Thursday, with CEO Elon Musk pledging to make another attempt “hopefully in a few days.”...

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Musk’s Memphis AI empire is the epicenter of the data center backlash

TazaPulseJuly 17, 2026

Two years after Elon Musk made Greater Memphis the center of his artificial intelligence ambitions, building data centers and energy infrastructure at breakneck speed, residents are grappling with unwanted effects, including noise and emissions from the natural gas-burning turbines. Now, public opposition to the SpaceXAI sites, known as Colossus and Colossus II, is providing a...

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Alphabet shares fall on report its Gemini 3.5 Pro AI model is delayed

TazaPulseJuly 17, 2026

Alphabet shares sank 4% on Thursday following a report that the company has delayed releasing its flagship artificial intelligence model. The search giant’s Gemini 3.5 Pro AI model is months behind schedule due to the company’s efforts to improve its performance, according to Bloomberg, citing sources familiar with the matter. The model’s coding capabilities, in...

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Here’s why the housing market is hurting so much this summer

TazaPulseJuly 16, 2026

Two different reads on the housing market released Thursday point to the same problem, one that appears to be getting worse. Housing is just too expensive — to own and to build. Pending home sales in June, a measure of signed contracts on existing homes, fell 5.4% from May, according to the National Association of...

How to trade strongest small-cap stock market rally in three decades

TazaPulseJuly 16, 2026

There’s more juice left in the historic small-cap rally, according to State Street Investment Management. “It’s not a junk rally,” Matt Bartolini, the firm’s global head of research strategists, told CNBC’s “ETF Edge” this week. Bartolini cites a promising trend: more Wall Street firms are upgrading small-cap earnings expectations than downgrading them. This means higher...

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Best states for workers in America in 2026

TazaPulseJuly 16, 2026

The world of economic development is spinning fast in 2026. Companies are pressing some specific demands of the states they are willing to do business in. They want low costs, minimal red tape, and turnkey sites that afford them the greatest speed to market. They want cheap and reliable electricity and abundant water in...

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Fireworks hits $17.5 billion valuation and $1B in annualized revenue

TazaPulseJuly 16, 2026

Fireworks founders pose for a photo at the startup’s headquarters in San Mateo, California. From left in front row: Chenyu Zhao, CEO Lin Qiao and Benny Chen. Back row: James Reed, Pawel Garbacki, Dmytro Ivchenko and Dmytro (Dima) Dzhulgakov. Fireworks The cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives,...

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Ex-Fed advisor gets over three years in prison for lying about China ties

TazaPulseJuly 16, 2026

Representative Hal Rogers, a Republican from Kentucky and chairman of the House Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies, left, and Representative John Carter, a Republican from Texas, during a hearing in Washington, DC, US, on Thursday, June 5, 2025. Eric Lee | Bloomberg | Getty Images A former senior advisor to the...