Work on massive Meta (META) cable in Persian Gulf stalled by Iran war; part of Meta cable hasn't been linked to all stations
The stalling of the Meta cable project due to geopolitical tensions highlights potential risks in global infrastructure initiatives.
Israeli officials think Iran's regime isn't likely to fall soon, WSJ reports; US and Israel shift focus to degrading Iran's nuclear, military, and ballistic-missile capabilities
Lennar Corporation (LEN) Q1 2026 (USD): EPS 0.93 (exp. 0.95), Revenue 6.62bln (exp. 6.84bln)
Work on massive Meta (META) cable in Persian Gulf stalled by Iran war; part of Meta cable hasn't been linked to all stations
US critical mineral talks advance with the EU and Japan on a price floor, according to reports
Newsquawk US Market Wrap: Stocks sink amid $100/bbl Brent as geopolitical tensions boil
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This could affect Meta's operational capabilities and growth outlook, particularly in regions reliant on improved internet connectivity. Moreover, the situation may impact investors' perceptions of stability in the tech sector amidst rising geopolitical risks.
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