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Showing posts from August 9, 2025

Israeli fire in Gaza killed Reuters journalist Hussam al-Masri.

As he lived in a tent and battled to provide for his family, Hussam al-Masri, a Reuters journalist killed by Israeli fire on Monday while running a live video feed at Gaza's Nasser Hospital, covered the suffering of civilians during the conflict. According to journalist colleagues, Masri, 49, was a seasoned cameraman who was well-liked by Gaza's close-knit community of reporters because of his upbeat demeanor in the most perilous circumstances. In the months before his death, he would say, "Tomorrow will be better," despite the fact that the Palestinian enclave was becoming increasingly desolate and hungry. That was the conclusion of his final discussion with Mohamed Salem, a senior Reuters visuals journalist who had collaborated with Masri in Rafah, in southern Gaza, last year and had known him since 2003. Salem, who left Gaza later in 2024 but stayed in daily contact with Masri until Monday morning, said he was a pleasure to work with because of his smiles and o...

A day after its impressive Nasdaq debut, Firefly Aerospace sputters

In what was thought to be a typical market swing, Firefly Aerospace's (FLY.O) new tab shares dropped 11% in morning trading on Friday. However, the space tech company's strong debut demonstrated that investors are once again interested in high-growth listings. A rebound in high-risk industries like fintech, crypto, and space, driven by successful new listings like Firefly and Circle (CRCL.N), is anticipated to encourage startups that waited out market volatility to make their first public offerings after almost three years of a dry spell. In contrast to the initial public offering price of $45, Firefly's shares opened for trading on the Nasdaq at $70 each. It was about 34% higher at the end of the first session. "High levels of short-term money trading, whether by hedge funds or retail investors, are evident in large pops and drops around initial public offerings. The market has exhibited this characteristic in recent months," Mergermarket's head of equity ca...