President Trump said major changes could occur rapidly.

Iranian state media said the foreign minister met US presidential envoy Witkoff during the UN General Assembly and conveyed "strict" conditions to the US. Iran said reopening the Strait of Hormuz would require the immediate lifting of any maritime blockade, immediate release of frozen Iranian assets and an end to all wars on "resistance" fronts.

Futures tied to Nvidia GPU rental prices, viewed as a step toward making AI compute an investable asset class, are facing regulatory headwinds, The Information reports. CME had targeted an early-October launch but now expects it will not secure CFTC approval in time after the regulator extended its review to study contract mechanics and solicit broader industry input. The CFTC said compute-finance markets could support US AI development but warned the underlying market is fragmented and opaque.