Thursday, May 14, 2026
Iran likely behind attack on cargo ship near Strait , South Korea official says
A senior South Korean official said it is “unlikely” that any actor other than Iran was responsible for an attack on the cargo ship Namu near the Strait of Hormuz, according to Yonhap News Agency.
"Seoul will take diplomatic action once the entity responsible for the attack on the cargo ship is confirmed," the official added.
The vessel was previously reported to have been damaged in an explosion and fire near the strategic waterway, prompting investigations by South Korean authorities into the cause of the incident.
Iran urges BRICS to condemn US, Israeli strikes
Iranian Foreign Minister Abbas Araghchi urged BRICS members on Thursday to explicitly condemn what he called US and Israeli violations of international law, including attacks on Iran.
“Iran calls on BRICS member states and all responsible members of the international community to explicitly condemn violations of international law by the United States and Israel, including their illegal aggression against Iran,” Araghchi told a BRICS foreign ministers’ meeting in New Delhi.
Iranian Foreign Minister Abbas Araghchi called on BRICS member states to explicitly condemn what he described as illegal US and Israeli aggression against Iran and to take concrete action against impunity for violations of the UN Charter, saying regional instability was a… pic.twitter.com/qVjpnrYYtK
— Iran International English (@IranIntl_En) May 14, 2026
Iran orders seizure of assets belonging to people abroad over Israel-linked allegations
Iranian judicial authorities have ordered the seizure of assets belonging to dozens of people, many living abroad, over allegations of cooperation with Israel and actions against national security, state-linked news agency ANA reported on Thursday.
ANA, citing judicial authorities, said the move was taken under a law increasing penalties for alleged espionage and cooperation with Israel. It said confiscated assets would be used to rebuild sites damaged during the war.
The report said cases involving the individuals were under review and that those targeted included people residing in Britain, Germany, Iraq, Turkey and the United States, among other countries, as well as six people inside Iran.
Iran did not provide evidence supporting the allegations.
Vessel taken by unauthorized personnel and heading to Iranian waters, UKMTO says
A vessel at anchor has been taken over by unauthorized personnel and is now heading toward Iranian territorial waters after an incident northeast of the United Arab Emirates, the United Kingdom Maritime Trade Operations (UKMTO) agency said on Thursday.
UKMTO said it received a report of an incident 38 nautical miles northeast of Fujairah in the UAE and that the vessel was subsequently taken and redirected toward Iranian territorial waters.
The agency did not identify the vessel or say who may have taken control.
Doximity guides to ~4% FY27 growth and lower margins
Doximity Q4 revenue beats guidance while EPS misses as company guides to ~4% FY27 growth and lower margins
- Q4 non-GAAP EPS $0.26 (-32% YoY) missed expectations, while revenue $145.4M (+5% YoY) beat estimates.
- Q4 revenue $145M, +5% YoY, above the high end of company guidance.
- Company guided June-quarter revenue to $151–$152M, providing its outlook for the upcoming quarter.
- Full-year revenue $645M, +13% YoY; adjusted EBITDA margin steady at 55%.
- FY27 revenue guidance $664–676M implies ~4% growth, a major deceleration from FY26.
- FY27 adjusted EBITDA margin guided to 49%, down from 55%, reflecting AI investments.
- Non-GAAP gross margin fell to 89% in Q4, pressured by higher AI compute.
- Workflow engagement reached 800k quarterly active prescribers, +~30% YoY; nearly half used AI.
- Launched commercial AI Search product; expect minimal FY27 revenue, with a more notable back-half ramp.
- HCP digital pharma ad market described as soft, growing at or below 5%.
- Trailing 12-month net revenue retention 109% overall, 114% for top 20 customers.
- Free cash flow $317M for the year, 49% margin; $432M shares repurchased, strong cash.
- Main concern: soft pharma HCP ad demand and execution risk monetizing new AI Search.
TSMC lifts 2030 global semiconductor market forecast to over $1.5T on AI demand
TSMC lifts 2030 global semiconductor market forecast to over $1.5T on AI demand, plans accelerated advanced-node and packaging capacity expansion
- Capacity and fab expansion plans cover advanced 2nm and A16 nodes with accelerated ramps.
- TSMC also plans CoWoS advanced packaging capacity ramps and upgraded 3nm production facilities in Japan.