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WTI jumped above $91 overnight after Gulf rig operators evacuated crews for Hurricane Isaias. Isaias is the season’s first hurricane, heading for the Florida panhandle. A war and a storm on the same barrel. Reuters
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Trump posted the U.S. will not strike Iran before the November midterms. He cited “productive discussions” with Tehran. The Strait is still closed. BBG
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OpenAI told investors its revenue is $50 billion, not the $68 billion widely cited. Nvidia fell 3% and CoreWeave dropped 8%. Nvidia alone lost more in market cap than OpenAI makes in a year. FT
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S&P 500 dropped 0.47% to 7,765. The Dow gained 52 points. Two indexes, two directions. CNBC
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Fed Governor Waller said more rate hikes are coming but not at every meeting. He left the door open for a pause in October. December is back on the table. Reuters
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PepsiCo beat Q3 with $2.34 EPS on $25.27 billion in revenue. Then cut full-year core EPS growth to 2.5%-3.5% from 5%-7%. CNBC
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Vance suspended Microsoft, Adobe, and other tech firms from a federal green card program. The White House accused them of fraud in foreign worker hiring. AP
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Senate candidates debated last night in Michigan, Georgia, and Maine. Twenty-five days until the midterms. Fox
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Russia dropped a guided bomb on two passenger buses in Kramatorsk. At least 30 were killed and 18 wounded. The Kremlin said there’s “no clear path” to peace. Reuters
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Iran and Oman finalized coordinates for safe shipping routes through the Strait of Hormuz. No ships have used them yet. Agreeing on a map is the easy part. Reuters
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A 10 Year Old’s Birthday Gift? Flying Car Shares
Some kids get a cell phone or a tablet for their tenth birthday. One kid got shares of flying-car company Doroni. Why? His grandfather believed it’s where the future is headed. And he’s not the only one.
As one verified investor put it: “I have a 6-month-old granddaughter. I think she should own a piece of the future and Doroni Aerospace looks like a bright future."
With 14,000+ investors and $40M raised to date, Doroni aims to ensure the generation growing up today will never know a world without personal flight. And it’s not just investor belief that’s sending them skyhigh.
After unveiling the full-sized showroom prototype of their H1-X personal aircraft in March, they’re preparing to start test flights with the FAA next year as part of their flying car pilot program.
Now, with 600+ preorders, good for $240M in potential revenue, they’re targeting commercial deliveries for 2028.
This is a paid advertisement for Doroni Regulation A offering. Please read the offering circular at invest.doroni.io
