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Goldman Sachs says key drivers of Sterling have shifted

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Strait of Hormuz Remains Largely Closed as US-Iran Tensions Escalate Despite Extended Ceasefire

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Strait of Hormuz Traffic Near Standstill Despite US-Iran Ceasefire: Only

WASHINGTON — The Strait of Hormuz, the world’s most critical energy chokepoint, stayed effectively closed to normal commercial traffic Sunday as U.S. naval forces hunted Iranian mines and Iran continued seizing vessels, even as a fragile ceasefire entered its third week and indirect talks resumed in Pakistan.

U.S. officials confirmed Saturday that Navy teams are actively clearing explosive mines laid by Iranian forces, describing the operation as part of a broader push to reopen the waterway through which roughly one-fifth of global oil and significant liquefied natural gas volumes normally pass. Defense Secretary Pete Hegseth said the U.S. blockade of Iranian ports is “growing and going global,” with a second aircraft carrier expected to join operations soon.

President Donald Trump has ordered U.S. forces to “shoot to kill” any Iranian small boats attempting to lay additional mines, while maintaining that the naval blockade will remain in place until Tehran submits a comprehensive proposal acceptable to Washington. Trump extended the ceasefire indefinitely at Pakistan’s request but insisted no full reopening of the strait would occur without verifiable Iranian compliance.

Iran has pushed back aggressively. Foreign Minister Abbas Araghchi and other officials declared the strait “open” for limited traffic earlier in the ceasefire but reversed course after accusing the U.S. of violating terms with its port blockade. Iranian forces seized at least two container ships this past week — the MSC Francesca and EPAMINONDAS — claiming they violated maritime rules, and fired on another vessel. Video released by Iranian state media showed commandos boarding one ship in dramatic fashion.

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Shipping data reflects the paralysis. Traffic through the strait has ground to a halt or remained far below pre-conflict levels, with only isolated shadow fleet movements reported. War-risk insurance premiums have skyrocketed, reviewed every 48 hours, and many tanker owners have rerouted vessels at massive extra cost. Asian buyers, particularly China, Japan and South Korea, have turned heavily to U.S. energy exports as a result.

Oil prices have reacted sharply to the uncertainty. Brent crude held above $100 per barrel for much of the past week, briefly topping $105, while West Texas Intermediate traded near $95. The sustained disruption has added billions to global energy costs and raised fears of broader economic fallout if the standoff drags into summer.

High-level diplomacy continues in Islamabad. U.S. envoys Steve Witkoff and Jared Kushner arrived for mediated talks with Iranian representatives, though both sides precondition talks on ending the other’s restrictions. Iran demands the U.S. lift its blockade first; Washington insists the strait must open fully and safely before further concessions.

Hegseth has publicly urged European and Asian allies to contribute naval assets, declaring the era of “free-riding” over. Many allies have declined direct involvement while the conflict remains active, citing risks and domestic politics. Retired U.S. Navy officers expressed confidence that Iranian small boats and mines cannot permanently shut the strait but acknowledged the current hybrid tactics create dangerous uncertainty.

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The humanitarian and environmental toll mounts. Limited shipping has caused fuel shortages in parts of the region, while earlier oil spills from attacks linger. Global supply chains face rerouting delays, higher costs and inflation risks, particularly for energy-dependent economies in Europe and Asia.

Analysts warn that prolonged closure could push Brent averages well above $100 for the year, slowing global growth. Some forecasts suggest a full reopening might take weeks even if a diplomatic breakthrough occurs, given the need for mine clearance and confidence-building measures.

Inside Iran, hardliners tied to the Revolutionary Guard appear emboldened by the ability to harass shipping despite U.S. naval superiority. Mojtaba Khamenei, who assumed supreme leadership after his father’s death in the initial strikes, faces internal pressures to show strength while pragmatists push for sanctions relief.

The U.S. military presence in the region is the largest since the 2003 Iraq invasion, with multiple carrier groups, submarines and air assets on station. CENTCOM has reported intercepting vessels attempting to breach the blockade, though no major naval clashes have occurred since the ceasefire took hold in early April.

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For global markets, the strait’s status remains the dominant risk factor. Energy traders watch every statement from Washington and Tehran, while shipping firms weigh the growing insurance and security costs. Some limited shadow fleet activity persists, but legitimate commercial traffic has largely avoided the area.

As talks continue this weekend in Pakistan, both sides appear dug in. Trump has signaled no rush, saying the U.S. holds leverage through its blockade and energy exports. Iranian officials insist they will not negotiate under duress. A breakthrough could dramatically ease energy prices; failure risks renewed escalation and even higher oil costs heading into summer driving season.

The Strait of Hormuz, long a geopolitical flashpoint, now sits at the center of a high-stakes test of wills. With mines being cleared, ships seized and diplomacy grinding forward, the world’s energy arteries remain constricted — a daily reminder of how quickly conflict in the Gulf can ripple across the global economy.

This story is developing rapidly. Updates are expected from Islamabad talks, naval operations and energy markets in the coming days.

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FBI Analyzes New Evidence as Sheriff Faces Scrutiny

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TUCSON, Ariz. — The search for 84-year-old Nancy Guthrie, mother of NBC “Today” show co-anchor Savannah Guthrie, reached its 85th day on Sunday with no arrests and her whereabouts still unknown, as the FBI continues analyzing new forensic evidence including hairs recovered from her Catalina Foothills home while the Pima County Sheriff’s Department draws criticism over investigative missteps and public communications.

Guthrie was last seen Jan. 31 after visiting her daughter Annie’s home. She failed to appear for a virtual church service the next day, prompting a missing persons report Feb. 1. Authorities quickly classified the case as an abduction after finding bloodstains matching her DNA on the front porch. Surveillance footage captured a masked, gloved suspect yanking her Ring camera before the apparent struggle.

The FBI has taken a more prominent role, sending hairs and other items found inside the home to its laboratory for advanced testing after initial local analysis. Sources close to the investigation told NewsNation the new evidence could yield critical leads. Gloves discovered about two miles away yielded unknown male DNA that has not matched CODIS or the scene, adding to the puzzle.

Pima County Sheriff Chris Nanos has repeatedly stated the family is fully cooperative and cleared of suspicion, calling rumors otherwise “cruel.” He maintains belief that Nancy could still be alive, though no confirmed sightings or credible ransom resolutions have emerged despite early notes received by the family. A $1 million family reward remains active for information leading to her recovery.

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Recent weeks brought confusion and backlash after the sheriff’s department posted on social media that “Nancy has been located,” accompanied by a flyer. The post actually referred to a different elderly woman, Nancy Radakovich, who had been found safe. Critics labeled the communication “tone deaf” and insensitive to the Guthrie family’s ongoing anguish.

Nanos denied recent reports of another person detained south of Tucson for questioning, responding curtly with “Nope” when asked by reporters. Legal commentator Nancy Grace had highlighted the potential development on her program, fueling speculation before the denial.

Internal challenges have surfaced. Sources told NewsNation the homicide unit supervisor assigned early in the case had never previously worked a homicide investigation, contributing to alleged early mistakes. The department faced a no-confidence vote from deputies earlier in the probe. Increased patrols continue in the neighborhood, with officers sealing off streets and questioning residents about unusual activity, including possible internet disruptions the night of the abduction.

Savannah Guthrie returned to the “Today” show in early April, delivering an emotional message of hope while acknowledging the family’s pain. She and her siblings have shared public appeals, emphasizing key dates including Jan. 11 — weeks before the disappearance — that may connect to unusual activity around their mother’s home. The family donated $500,000 to the National Center for Missing & Exploited Children.

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Investigators believe Guthrie was specifically targeted. Her physical limitations make it unlikely she wandered off, and the violent scene at the threshold suggests a swift, planned operation. A propped-open back door noted by family members added to the mystery, as did the suspect’s apparent preparation with gloves and mask.

The case has drawn national fascination and volunteer efforts, including from groups like the United Cajun Navy. Amateur searches and tip lines have generated tens of thousands of leads, though officials stress the need for verified information to avoid hindering progress.

As spring advances in the desert, concerns grow over time-sensitive evidence and Nancy’s health if she remains held. Temperatures in the region can fluctuate dramatically, complicating any outdoor scenarios. No confirmed second location has been identified despite extensive searches.

Sheriff Nanos has asked for public patience while promising the investigation remains active with dedicated detectives and federal partners. FBI agents have canvassed neighborhoods multiple times, focusing on surveillance, timelines and digital forensics. A related January incident at or near the home is reportedly under review.

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Experts, including retired FBI agents, have offered varied assessments. Some predict an eventual “underwhelming” suspect reveal — perhaps someone with tangential connections rather than a sophisticated operation. Others note the amateurish elements captured on camera alongside signs of planning.

The high-profile nature has amplified scrutiny of the Pima County Sheriff’s Office leadership. Separate controversies involving Sheriff Nanos’ past have overlapped with the case, though officials insist resources remain focused on finding Nancy.

For the Guthrie family, each passing day brings renewed heartache alongside determination. Savannah has described details that “don’t add up,” including the family’s initial fears of ransom and the surreal nature of the ordeal. Public support has poured in, with well-wishers and true-crime communities sharing the reward flyer widely.

No timeline for resolution exists. Officials continue urging anyone with information — no matter how small — to contact the FBI tip line or sheriff’s department. The $1 million reward can be paid anonymously in cash if it leads to Nancy’s recovery or the arrest and conviction of those responsible.

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As the investigation stretches into its third month, the blend of forensic diligence, community vigilance and family resilience defines the effort. Nancy Guthrie remains missing, but authorities and loved ones refuse to give up hope that answers — and her safe return — remain possible.

This story continues to develop. Updates will follow any new forensic results, tips or statements from officials.

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ICE detains family less than two days after court ordered their release, lawyers say

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Semiconductor Stocks Are on a Historic Winning Streak. Why It’s Time to Cash In.

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Semiconductor Stocks Are on a Historic Winning Streak. Why It’s Time to Cash In.

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Trump removed from White House correspondents dinner as attendees take cover

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Why Trade Desk Stock Could Be the Next Big Short Squeeze

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Pulse Biosciences, Inc. (PLSE) Shareholder/Analyst Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Pulse Biosciences, Inc. (PLSE) Shareholder/Analyst Call April 25, 2026 1:45 PM EDT

Company Participants

Paul LaViolette – President, CEO & Co-Chairman of the Board
Robert Duggan
Darrin Uecker – CTO & Director
David Kenigsberg – Chief Medical Officer
Liane Teplitsky – Chief Operating Officer

Conference Call Participants

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Anthony Petrone – Mizuho Securities USA LLC, Research Division
Joshua Jennings – TD Cowen, Research Division

Presentation

Paul LaViolette
President, CEO & Co-Chairman of the Board

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Good afternoon, everybody. I’m Paul LaViolette, Chief Executive Officer of Pulse Biosciences. Really proud to have this gathering at HRS. We’ve been trying to provide updates at every single critical meeting on the itinerary symposium. And today represents a really nice opportunity for us to see you again.

Before we dive in, I just want to introduce a few of the Pulse members who will not be presenting today. I’ll be joined by Dr. Kenigsberg and Darrin Uecker, momentarily, our Chief Medical Officer, Chief Technology Officer, respectively. I want to introduce Bob Duggan. Bob is our Chairman, our principal investor and really the visionary for the last decade behind the establishment of nsPFA as a next-generation energy to ablate in EP and many other parts of the body, as you’re aware.

Robert Duggan

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And I’ll defer to Darrin Uecker always.

Paul LaViolette
President, CEO & Co-Chairman of the Board

Darrin is our Bob whisperer. I also want to introduce Liane Teplitsky. There she is, Liane. Liane has just joined us as Chief Operating Officer. Liane has a pronounced career in med tech, but emphatically 18 or so years in the EP space. Knows many of our clinicians, knows the AFib technology area intimately. We’re super happy to have her join and to add some extra horsepower in the drive of our clinical, regulatory and commercial areas.

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Also joining Jon Skinner, our

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Texas Capital Bancshares, Inc. 2026 Q1 – Results – Earnings Call Presentation (NASDAQ:TCBI) 2026-04-25

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-04-23 Earnings Summary

EPS of $1.58 beats by $0.17

 | Revenue of $323.99M (15.51% Y/Y) beats by $5.06M

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Global central banks brace for ’holding pattern’ as energy volatility bites

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US-Iran peace hopes fade as Trump scraps talks

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