Iran's Alborz warship has entered the Red Sea, the semi-official Tasnim news agency reported on Monday, at a time of soaring tensions on the key shipping route amid the Israel-Hamas war and attacks on vessels by forces allied to Tehran. Tasnim did not give details of the Alborz's mission but said Iranian warships had been operating in open waters to secure shipping routes, combat piracy and carry out other tasks since 2009. Yemen's Iran-backed Houthis have been targeting vessels in the Red Sea since November to show their support for the Palestinian Islamist group Hamas in its war with Israel.
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Nvidia’s $50 Billion Share Buyback Is an Epically Bad Decision That Sends the Wrong Message to Wall Street and Investors
Although share repurchases are known for lifting earnings per share (EPS) and instilling confidence in investors, Nvidia’s decision to announce a hefty buyback program will struggle on both fronts. Source