WSJ: OpenAI weighs major price cuts to compete with Anthropic before IPO push

A price war between OpenAI and Anthropic would pressure margins at both companies just as they head toward public listings, testing whether their business models can sustain profitability under heavier discounting. Given the interchangeability of their products and how easily enterprise customers can switch providers, any first mover price cut could force a rapid response, accelerating a broader repricing…

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US launches fresh strikes on Iran, IRGC closes Hormuz to all vessels

“Ending soon” did not survive the day. Hours after telling Fox News the Iranians had asked him to stop the bombing, Trump was complaining Tehran took “too long to negotiate a deal,” warning it would “pay the price,” and insisting all Iran has to do is “start signing a paper.” By evening, US Central Command confirmed strikes on multiple…

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Trans Mountain oil pipeline hits full capacity as Strait of Hormuz crisis disrupts supply

The Strait of Hormuz disruption from the escalating US-Iran conflict is already redirecting global crude flows, with Asian buyers turning to alternative supply sources including Canadian heavy crude via Trans Mountain. Full apportionment on the pipeline signals tightening physical markets for non-Hormuz barrels, which should support Canadian heavy crude differentials and could see further narrowing versus benchmark grades. With…

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US Dollar rebounds after inflation data

Here is what you need to know for Thursday, June 11: The US Dollar Index (DXY) trades with a firmer tone above 100.00 after May inflation data highlighted persistent price pressure in the United States (US). The headline Consumer Price Index (CPI) rose 4.2% YoY, accelerating from 3.8% previously, while it increased 0.5% on a monthly basis. The data…

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US Dollar Steady Amid Middle East Escalation. Forecast as of 10.06.2026

2026.06.10 2026.06.10 US Dollar Steady Amid Middle East Escalation. Forecast as of 10.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Given the wide gulf between the positions of the United States and Iran, a renewed escalation of hostilities appeared increasingly likely. The downing of a US helicopter became the catalyst for a new round of tensions and retaliatory actions. However, the EUR/USD pair showed…

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Trump threatens heavy Iran strikes as Tehran defies pressure

US President Donald Trump said that the US “will be attacking Iran very hard,” as he pressures Tehran to sign the deal, adding that “they’ve taken too long to negotiate a deal that would have been great for them, now they will have to pay the price.” Iran’s President Masoud Pezeshkian posted on X his response to Trump’s threat…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.06.2026

2026.06.10 2026.06.10 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 10.06.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price may fall in sub-wave of the bearish impulse. Short trades can be opened with a target of…

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