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ByteDance draws over USD 30bln in orders for jumbo bank loan

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Lenders placed over $30bn in orders for ByteDance's jumbo loan, backing its $100bn AI expansion despite US regulatory scrutiny and citing record $50bn annual profits.

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Politics

US President Trump posts "There are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran. The Naval Blockade remains in full force and effect. The Hormuz Strait is open and operating"

U.S. Economy

Atlanta Fed GDP Now (Q3 2026): 4.0% (prev. 4.3%)

Geopolitics

Iranian Parliamentary Speaker Ghalibaf says the Strait of Hormuz will not open until the blockade and oil embargo are lifted. Adds, "Iran is ready to inflict a heavier defeat on the enemy than before, in proportion to his actions and encroachments."