Wall Street Sees 600% Potential Upside. Do You?

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Yemen's Houthi rebels launch missile that lands near oil tanker in Red Sea

JON GAMBRELL
September 01, 2025

DUBAI, United Arab Emirates (AP) -- Yemen's Houthi rebels said Monday they launched a missile at an oil tanker off the coast of Saudi Arabia in the Red Sea, potentially renewing their attacks targeting shipping through the crucial global waterway.

Houthi military spokesman Brig. Gen. Yahya Saree claimed responsibility for the launch in a prerecorded message aired on al-Masirah, a Houthi-controlled satellite news channel. He alleged the vessel, the Liberian-flagged Scarlet Ray, had ties to Israel.

The ship's owners, Singapore-based Eastern Pacific Shipping, could not be immediately reached. However, the maritime security firm Ambrey described the ship as fitting the Houthis' "target profile, as the vessel is publicly Israeli owned."

Eastern Pacific is a company that is ultimately controlled by Israeli billionaire Idan Ofer. Eastern Pacific previously has been targeted in suspected Iranian attacks.

The British military's United Kingdom Maritime Trade Operations center, which monitors Mideast shipping, earlier reported a ship heard a splash and a bang off its side near Yanbu, Saudi Arabia.

From November 2023 to December 2024, the Houthis targeted more than 100 ships with missiles and drones over the Israel-Hamas war in the Gaza Strip. In their campaign so far, the Houthis have sank four vessels and killed at least eight mariners.

The Iranian-backed Houthis stopped their attacks during a brief ceasefire in the war. They later became the target of an intense weekslong campaign of airstrikes ordered by U.S. President Donald Trump before he declared a ceasefire had been reached with the rebels. The Houthis sank two vessels in July, killing at least four on board with others believed to be held by the rebels.

The Houthis' new attacks come as a new possible ceasefire in the Israel-Hamas war remains in the balance. Meanwhile, the future of talks between the U.S. and Iran over Tehran's battered nuclear program is in question after Israel launched a 12-day war against the Islamic Republic in which the Americans bomb three Iranian atomic sites.

Israel just launched a series of airstrikes last week, killing the Houthis' prime minister and several Cabinet members. The Houthis' attack on the ship appears to be their response, as well as their raids on the offices of the United Nations' food, health and children's agencies in Yemen's capital Sunday in which at least 11 U.N. employees detained.

Continue Reading...

Popular

Google facing $425.7 million in damages for nearly a decade of improper smartphone snooping

SAN FRANCISCO (AP) — A federal jury has ordered Google to pay $425.7 million for improperly snooping on people's smartphones during a nearly decade-long period of intrusions.

LSD shows promise for reducing anxiety in drugmaker's midstage study

WASHINGTON (AP) — reduced symptoms of anxiety in a midstage study published Thursday, paving the way for additional testing and possible medical approval of a that has been banned in the U.S. for more than a half century.

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

AT&T's $17 Million Data Breach Settlement Offers Payouts Up To $7,500, Here's How To Claim

AT&T customers, both present and past, stand to receive up to $7,500 as part of a proposed $177 million settlement. This settlement is in response to two significant data breaches that affected millions of AT&T customers.

IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans, Rumors of $2,000 August Payout Debunked — Plans Late Summer Rollout (UPDATED)

Millions of Americans may be eligible for a $1,390 stimulus check by the U.S. Department of the Treasury and the Internal Revenue Service, as part of a plan aiming to provide financial relief to low and middle-income households.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

$9 Analyst Target on a $1.50 Company. Big Breakout Could Be Coming - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

How To Earn $500 A Month From Walmart Stock Ahead Of Q2 Earnings

Walmart offers a quarterly dividend amount of 23 cents per share. To earn $500 monthly, start with the yearly target of $6,000.

Mystery surrounds $1.2 billion Army contract to build huge detention tent camp in Texas desert

WASHINGTON (AP) — When last month awarded a contract worth up to $1.2 billion to build and operate what it says will become , it didn’t turn to a large government contractor or even a firm that specializes in private prisons.

$9 Target on a $1.50 Biotech. Time to Look Closer - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Trump weaponization czar urged New York Attorney General James to resign over mortgage probe

NEW YORK (AP) — President Donald Trump’s political weaponization czar sent urging New York Attorney General Letitia James to resign from office “as an act of good faith” four days after starting his mortgage fraud investigation of her. Then he outside her house.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as October 23rd.

Jim Cramer Refuses To Chase Rally—Says 'We Sure Aren't Buying' Unless It's Discounted

Jim Cramer is sitting out the current market rally, citing excessive intervention, overbought conditions as key reasons to remain cautious.

4 Analysts. 4 Buy Ratings: Huge Potential Revaluation Ahead For This Biotech - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

780,000 pressure washers are under recall after some consumers report explosions and impact injuries

NEW YORK (AP) — About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.

Kevin O'Leary Recalls How Cutting Off His Son's Trust Fund Drove Him To Harvard: 'The Dead Bird Under The Nest Never Learns To Fly'

Kevin O'Leary revealed that cutting off his son's trust fund after high school and insisting on self-reliance motivated him to earn a spot at Harvard, emphasizing that entitlement ruins ambition.

October 16 Changes the Microchip Game - and Investing - Ad

George Gilder-dubbed "America's #1 Futurist"-says while everyone's chasing AI, the real opportunity is in a 4-nanometer tech millions of times more complex. It's not another chip - it replaces them. Now built in Arizona, Gilder says 3 companies tied to this "super-convergence" could soar.

XRP Slips Below $3 But It Will Outperform ETH From Here, Trader Touts

XRP (CRYPTO: XRP) is expected to outperform Ethereum (CRYPTO: ETH) in the upcoming months, according to market commentators bullish on the token’s futur

Trump Tariffs Likely To Be Struck Down As 'Unconstitutional' In Appellate Court, Says Peter Schiff: Handing The President 'Another Scapegoat'

Economist Peter Schiff says that President Donald Trump's tariffs are likely headed for defeat at the U.S. Appellate Court, setting the stage for what he refers to as "another scapegoat" for the coming recession.

How to Hack a $1.3 Trillion Industry - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Led by former Zillow execs, their tech hacks a $1.3T market by letting buyers co-own homes worldwide. They've already earned $110M in gross profits and reserved the Nasdaq ticker PCSO.

Wall Street May Be Overlooking Dangers Of Trump's Ongoing Fed Assault, Warn Economists: 'Financial Markets Might Not…'

In a recent survey, economists have cautioned that the financial markets are not fully considering the potential risks of President Donald Trump's ongoing assaults on the Federal Reserve.

Unusual Machines Seen As Key Winner From America's Push To Cut China Out Of Drone Supply Chain

Unusual Machines (UMAC) is positioned to benefit from the US shift away from Chinese parts as demand for drones increases in the next 2 years.

Why This AI Play Could Shock Wall Street - Ad

Chatbots minted billion-dollar valuations. But the next wave of AI Agents could be bigger. One small-cap is already profitable with 88% margins, $3B processed, and Q3 2025 as its trigger.

Mark Cuban's Simple Career Tip For The AI Era: 'Be Nice. Smile'

Billionaire Mark Cuban encourages young professionals to have a positive attitude and smile as AI changes employment.

Welcome to wplace: A chaotic, collaborative digital canvas where users 'paint the world'

NEW YORK (AP) — In one new users are invited to “paint the world.” And paint they have. Welcome to wplace — an overflowing with drawings made on a more than 4-trillion-pixel canvas.

Wall Street Sees 600% Potential Upside. Do You? - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Trump Ends De-Minimis Exemptions To All Countries: How This Will Impact Your Online Shopping

President Donald Trump's executive order, which ends de minimis exemptions, is set to take effect on Friday. This will effectively close the duty-free shipping loophole that allowed small commercial packages worth $800 or less to enter the United States without being subject to taxes or tariffs.

Podcasters and influencers: The unexpected jobs covered under Trump's 'no tax on tips' plan

WASHINGTON (AP) — Golf caddies, blackjack dealers and house painters are among the jobs covered under the preliminary list of occupations no required to pay income tax on their tips under Republicans' new tax cuts and spending bill.

Is This Elon's Worst Nightmare? - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

What happens to Trump’s tariffs now that a federal appeals court has knocked them down?

WASHINGTON (AP) — President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products.

Keep This Stock on Your Watchlist - Ad

They're a private company, but the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. They've even reserved their Nasdaq stock ticker.

What's Going On With Palantir Technologies Stock?

Shares of Palantir are trading lower Wednesday afternoon. The stock is continuing a recent pullback from all-time highs.

Cathie Wood's Thursday Bet: ARK Just Bought $31 Million Worth Of Falling Deere Stock, Also Loads Up On Block, Robinhood Shares

Ark Invest, led by Cathie Wood, made significant trades on Thursday — focusing on Deere & Co. (NYSE:DE), Block Inc. (NYSE:XYZ) and Robinhood Markets Inc. (NASDAQ:

$9 Analyst Target on a $1.50 Company. Big Breakout Could Be Coming - Ad

This biotech is targeting a billion-dollar heart market. Analyst upside targets are in triple digit percentage gains.

Tariff Impact Exposes Aluminum Market Fragility

US and EU face challenges in aluminum supply chain due to Trump's tariff policy. EU prepares emergency measures to protect industry.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service