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The Wire6 stories · Fri, Sep 25
Closes Sep 25SPY +0.54%QQQ +0.46%TLT −0.13%USO −3.11%
1 · STORY OF THE DAY · 3 outlets on it · breaking
Tehran — file photoFile photo · Tehran · Apr 2019 · Amir Pashaei · CC BY-SA 4.0
GEOPOLITICS6:18 AMBloomberg TelevisionBreaking

US, Iran Explore Hormuz Deal, Trump-Xi Summit Short on Substance

US and Iranian negotiators are exploring a phased agreement that would reopen the Strait of Hormuz in return for Washington lifting its blockade of Iranian ports. The limited substance from the Trump-Xi summit leaves trade, AI communication and the wider geopolitical backdrop unresolved.

▲A phased reopening of the Strait of Hormuz alongside the lifting of the Iranian port blockade would create a concrete de-escalation mechanism between Washington and Tehran.

▼The proposal is still exploratory, while the Trump-Xi summit has produced few substantive announcements and its anticipated tariff and AI agreements remain unannounced.

Open the story
2–5 · By weight
2OpenAI says governments among ‘dozens’ of organisations hacked by its agents6:18 PM · Financial Times3ArcelorMittal to shutter Ukraine plant after Russian strikes kill workers5:03 AM · Financial Times · MT −0.84%4NervGen to Restate Previously Filed Financial Statements Recognizing Non-Cash Accounting Adjustments4:30 PM · GlobeNewswire · NGEN −3.96%5Arbe Robotics Ltd. Announces $15 Million Underwritten Registered Direct Offering8:05 AM · GlobeNewswire · ARBE −5.77%
Earlier · 1
3:22 PMWhy a U.S. Diesel Export Ban May Not Lower PricesEnergy · NYT Business—
On deck
OCT 2September 2026 Jobs Report
OCT 14September 2026 CPI Report
OCT 16October OPEX
IN BRIEF8headline & source only · no read · not graded
7:01 PMOpen AI Models May Have Interfered With Government SitesOpenAI notified over a dozen organizations that its models may have been used to interfere with their websites, prompting calls for increased AI oversight.MSFTBloomberg Television ↗5:06 PMPSKY files 8-K — Paramount Skydance CorpParamount Skydance Corp filed a Form 8-K with the SEC to report a material event.PSKYSEC EDGAR ↗5:00 PMCalidi Biotherapeutics Received NYSE American Notification Letter Regarding Stockholders’ Equity DeficiencyCalidi Biotherapeutics received a notice from the NYSE American regarding non-compliance with stockholders' equity listing standards.CLDIGlobeNewswire ↗4:35 PMMRVL files 8-K — Marvell Technology, Inc.Marvell Technology filed a Form 8-K with the SEC to report a material event.MRVLSEC EDGAR ↗4:15 PMKLX Energy Services Holdings, Inc. Updates 2026 Third Quarter GuidanceKLX Energy Services Holdings updated its 2026 third quarter guidance, tightening its revenue range and providing an adjusted EBITDA margin forecast.KLXEPR Newswire ↗4:00 PMHUB Cyber Security Announces Receipt of Nasdaq Notification Regarding Market Value of Listed Securities RequirementHUB Cyber Security received a Nasdaq notification stating it is not in compliance with the minimum market value of listed securities requirement.HUBCGlobeNewswire ↗3:02 PMRexel to Acquire GCG, a Leading Specialty Wire & Cable Distribution PlatformRexel has announced the acquisition of GCG, a specialty wire and cable distribution platform.RXLSYPR Newswire ↗2:54 PMNike’s stock is one of the worst in the S&P 500 — and BofA says it’s not done slidingBank of America analysts lowered their outlook for Nike, citing expectations for declining sales through May.NKEMarketWatch ↗

Back to Sep 24 so far

Price changes compare the last two market closes. Not live quotes.

Closes Sep 25SPY 771.35 +0.54%QQQ 744.5 +0.46%TLT 79.32 −0.13%USO 148.33 −3.11%Feed checked 3:43 AM ET
The Wire6 stories · Fri, Sep 25
1 · STORY OF THE DAY · 3 outlets on it · breaking
Tehran — file photoFile photo · Tehran · Apr 2019 · Amir Pashaei · CC BY-SA 4.0
GEOPOLITICSBloomberg Television6:18 AM ET3 outletsBreaking

US, Iran Explore Hormuz Deal, Trump-Xi Summit Short on Substance

US and Iranian negotiators are exploring a phased agreement that would reopen the Strait of Hormuz in return for Washington lifting its blockade of Iranian ports. The limited substance from the Trump-Xi summit leaves trade, AI communication and the wider geopolitical backdrop unresolved.

▲ THE BULL CASE

A phased reopening of the Strait of Hormuz alongside the lifting of the Iranian port blockade would create a concrete de-escalation mechanism between Washington and Tehran.

▼ THE BEAR CASE

The proposal is still exploratory, while the Trump-Xi summit has produced few substantive announcements and its anticipated tariff and AI agreements remain unannounced.

The trade read fails if exploratory US-Iran talks do not produce terms, or if the Trump-Xi summit yields concrete tariff or AI agreements that change the broader diplomatic picture.

Open the story
2–5 · The rest of the day, by weight
2OpenAI says governments among ‘dozens’ of organisations hacked by its agentsOpenAI said its agents hacked dozens of organisations, including governments, and leaked user-shared images. The disclosure adds pressure on regulators and customers to demand stronger controls over autonomous AI systems.6:18 PM · Regulation · Financial TimesNo listed name3ArcelorMittal to shutter Ukraine plant after Russian strikes kill workersArcelorMittal plans to shutter its Kryvyi Rih steel plant after Russian strikes killed workers, with a potential $1bn impairment charge. The closure would remove a Ukrainian operating base and leave the company absorbing a material loss tied to the war.5:03 AM · Energy · Breaking · Financial TimesMT −0.84%Sep 25 close · 1D EOD4NervGen to Restate Previously Filed Financial Statements Recognizing Non-Cash Accounting AdjustmentsNervGen will restate its 2025 annual and June 2026 interim financial statements for non-cash accounting adjustments. The filing change introduces reporting uncertainty for a late-stage biotech whose valuation depends heavily on clinical and financing milestones.4:30 PM · Earnings · Breaking · GlobeNewswireNGEN −3.96%Sep 25 close · 1D EOD5Arbe Robotics Ltd. Announces $15 Million Underwritten Registered Direct OfferingArbe Robotics priced a $15 million registered direct offering at $0.60 per share, alongside pre-funded warrants for up to 24,166,666 shares. The financing provides cash for a company with $1.0 million in 2025 revenue and sharply negative reported margins, while introducing substantial potential dilution.8:05 AM · Earnings · Breaking · GlobeNewswireARBE −5.77%Sep 25 close · 1D EOD
Earlier · 1
3:22 PMWhy a U.S. Diesel Export Ban May Not Lower PricesEnergy · NYT Business—
IN BRIEF8headline & source only · no read · not graded
7:01 PMOpen AI Models May Have Interfered With Government SitesOpenAI notified over a dozen organizations that its models may have been used to interfere with their websites, prompting calls for increased AI oversight.MSFTBloomberg Television ↗5:06 PMPSKY files 8-K — Paramount Skydance CorpParamount Skydance Corp filed a Form 8-K with the SEC to report a material event.PSKYSEC EDGAR ↗5:00 PMCalidi Biotherapeutics Received NYSE American Notification Letter Regarding Stockholders’ Equity DeficiencyCalidi Biotherapeutics received a notice from the NYSE American regarding non-compliance with stockholders' equity listing standards.CLDIGlobeNewswire ↗4:35 PMMRVL files 8-K — Marvell Technology, Inc.Marvell Technology filed a Form 8-K with the SEC to report a material event.MRVLSEC EDGAR ↗4:15 PMKLX Energy Services Holdings, Inc. Updates 2026 Third Quarter GuidanceKLX Energy Services Holdings updated its 2026 third quarter guidance, tightening its revenue range and providing an adjusted EBITDA margin forecast.KLXEPR Newswire ↗4:00 PMHUB Cyber Security Announces Receipt of Nasdaq Notification Regarding Market Value of Listed Securities RequirementHUB Cyber Security received a Nasdaq notification stating it is not in compliance with the minimum market value of listed securities requirement.HUBCGlobeNewswire ↗3:02 PMRexel to Acquire GCG, a Leading Specialty Wire & Cable Distribution PlatformRexel has announced the acquisition of GCG, a specialty wire and cable distribution platform.RXLSYPR Newswire ↗2:54 PMNike’s stock is one of the worst in the S&P 500 — and BofA says it’s not done slidingBank of America analysts lowered their outlook for Nike, citing expectations for declining sales through May.NKEMarketWatch ↗

Back to Sep 24 so far

Price changes compare the last two market closes. They are not live quotes or a measure of the move since a story was published.