Technologies

First moon samples in over 40 years may alter lunar history

“Our current views need readjustment” about how long our beloved white globe remained warm and volcanically active, says a researcher.

In late 2020, a Chinese space capsule delivered fresh moon samples to Earth for the first time in about four decades, and these precious lunar rocks just revealed a new detail about our planet’s glowing companion: Its volcanoes were alive and active considerably longer than scientists thought.

“All our experience tells us that the moon should be cold and dead 2 billion years ago. But it is not, and the question is, ‘Why?'” said Alexander Nemchin, a professor of Geology at Australia’s Curtin University and author of the analysis published Thursday in the journal Science.

Alongside an expansive and international team of researchers, Nemchin discovered that some of the newly transported moon rocks contain lunar fragments from later days of the white orb’s timeline. Dated about two eons ago, these fragments are relatively young. But here’s the kicker: Those same pieces are also remnants of a volcanic eruption.

Connecting the dots, the team members realized they were looking at solid confirmation that the lunar surface was alive pretty late in the game.

“We need to dig deeper with this,” Nemchin remarked. “We are highlighting that our current views need readjustment — further research will tell how dramatic this readjustment should be.”

Welcome back, lunar research

The saga began last year in December, when China’s Chang’e 5 mission sent a spacecraft to scrape the surface of the moon and collect a variety of rock and dust samples for Earth-based analysis. It returned with about 4 pounds (2 kilograms) of extraterrestrial material.

The year 1976 marks the last time lunar samples were brought down to our home planet, an achievement of the Soviet Union’s Luna 24 mission. But before that, NASA’s Apollo missions were running the course from Earth to the moon several times — the crusades returned photographs, moon rocks and personal anecdotes of astronauts.

“There was some need and drive to do this 50 years back,” Nemchin explained. “Then, priorities changed and everybody moved to something else.” But now, he says, “we have the moon back in the focus.”

He notes lunar research is important not only from an astronomy perspective, but also because any effort to travel to the moon — or really, any space exploration — tends to expedite technologies that ultimately benefit us on Earth.

One example of such serendipitous tech comes from Australian physicists’ research in the ’90s. They developed a highly complex mathematical tool hoping to detect smeared signals of black holes that vanished in the cosmos. Unfortunately, they never found any — but their invention paved the way for modern-day Wi-Fi.

Moon rock science

“Every new sample gives us a big boost in understanding what is happening, simply because we still have so few of them,” Nemchin remarked. “Apollo samples have been worked on for the last 50 years and are still actively investigated.”

While analyzing the rocks brought back by Chang’e 5, Nemchin and fellow researchers first checked out what types were present. In particular, they were after basalt fragments, which are correlated with volcanic activity.

“We needed to get an idea about chemical composition of the fragments to be able to compare [them] to the large basaltic field visible from the orbit,” he said. “And, make sure [those] fragments represent this field of basalts and do not come from somewhere else.”

Then, the scientists confirmed specific ages of the pieces of interest. Validating that these fragments are young was one of the main goals of the mission. That’s how the team members expected to prove their hypothesis of the moon having active volcanoes more recently than textbooks suggest.

“All basalts we had before are older than 3 billion years,” Nemchin said. “We also had a few very young points determined from material ejected by very young impacts — impact melts — but nothing in between. Now we have a point right in the middle of the gap.”

Such age determinations are called crater counting, something the team hopes to continue doing in the future in order to attain the full array of rocks to map out each generation of the moon. Nemchin also notes that a few interesting chemical features were found in the basalt samples, including high iron content, which isn’t present in any other retrieved pieces of the lunar surface.

Further chemical research on the rocks, he says, will help answer new questions introduced by the team’s novel findings, such as searching for the source of heat that led to lunar volcanic activity a couple of billion years ago.

And at the end of the day, the Australian geologist emphasizes that “what is important for me in all this is that we managed to bring a large international group of people to work on the sample.”

“Somehow,” he added, “In the current situation when international travel is still rather restricted, I had more interaction with different people than in the previous years when we could move around any way we liked.”

Technologies

Iran claims U.S. is blocking Hormuz deal as Oman talks continue

Iran’s Revolutionary Guard accuses the U.S. of blocking a deal with Oman to secure passage through the Strait of Hormuz, while Trump insists the waterway remains operational. Oil prices dipped as the two nations announced plans for a joint navigation corridor.

The U.S. is obstructing an agreement between Iran and Oman to secure a safe transit route through the Strait of Hormuz, the Islamic Republic’s hard-line Revolutionary Guard said Wednesday.

Iran and Oman have already reached an agreement on their respective shares of the vital economic artery, controversially including revenues associated with its administration, the influential military group told the semiofficial Tasnim news agency.

The Revolutionary Guard said the strait would remain closed if the U.S. does not accept Iran’s conditions.

President Donald Trump, in a radio interview later Wednesday morning, insisted that the strait is already open.

“We take a lot of ships through the strait now. We’re taking them in,” Trump told conservative radio host Glenn Beck.

“Every once in a while there’ll be a drone or a rocket or something shot, but it is a very functioning strait. A lot of oil is pouring out,” the president said.

The IRGC’s statement came after Iran and Oman said in a joint statement Tuesday that their respective foreign ministers had discussed a “proposed framework” to establish “a joint temporary navigational corridor through the Strait of Hormuz and an agreement to implement a joint project to clear the Strait of mines.”

Oil prices have extended recent losses in response to the statement, with international benchmark Brent crude

Just five commodity vessels transited the Strait of Hormuz on Tuesday, below the 10-day average of 15, according to preliminary data from Kpler. Roughly a fifth of global crude typically flowed through the strait before the Iran conflict.

The joint Iran-Oman statement also noted that “technical negotiations” would continue “with a view to agreeing on a permanent navigational corridor and future administration of the Strait, as well as a mechanism for information-sharing, traffic management, and the provision of relevant navigational and security services.”

Contributing to pressure on oil prices in recent days, the U.S. has reportedly started returning its diplomats to Gulf states – suggesting Washington does not currently expect military escalation. Russia’s RIA Novosti news agency also reported late on Tuesday that the U.S. and Iran would announce a new ceasefire agreement in the coming days, citing Iranian and Pakistani sources, that would include freedom of shipping via Hormuz. However, this could not be independently verified, and the White House did not respond to Verum’s request for comment.

U.S. holds back on secondary sanctions

It comes after Treasury Secretary Scott Bessent’s pledge on Monday to launch an “economic D-day” on the Iranian regime, threatening to target Tehran’s “enablers” and trading partners in efforts to strangle its economy. This included a list of 60 individuals, entities and vessels.

However, the U.S. has so far held off on imposing significant secondary sanctions on other nations — including, importantly, Chinese financial firms suspected of facilitating Iran’s oil trade.

“Why would I want to blow up the global financial system? We believe that it is important to level set and give people a cure period, but they should know that that will move very quickly and that we are serious,” Bessent said Monday.

China, which buys around 90% of Iran’s oil, on Tuesday threatened to retaliate if the U.S. opted to expand economic pressure on nations trading with Tehran.

Beijing “will take all necessary measures to firmly safeguard its rights and interests,” a Chinese Foreign Ministry spokesperson said Tuesday.

Technologies

Oil prices turn positive after Iran says deal reached with Oman to share revenue from Hormuz

Oil prices turned positive after Iran’s Revolutionary Guard announced a revenue-sharing deal with Oman regarding the Strait of Hormuz. Meanwhile, U.S. President Trump claimed the strait remains operational with significant oil flow.

Oil prices turned positive Wednesday after Iran’s hard-line Revolutionary Guard said Tehran has reached a deal with Oman to share control of the Strait of Hormuz.

Iran and Oman have agreed to share revenue generated from Hormuz, a Revolutionary Guard spokesman told the state news agency Tasnim. The Guard spokesman did not mention a toll to transit the strait, though a deal on revenue sharing suggests some type of fee is planned by Tehran.

Brent crude

Oil fell more than 3% earlier in the session as the U.S. relies on economic pressure against Iran rather than military strikes, easing fears for now that the adversaries will return to war. Prices are down more than 5% for the week.

This content is blocked because you are not allowing cookies.

To view this content, click on Cookie Preferences here or at the bottom of the page to allow all cookies.

The Revolutionary Guard said the U.S. has tried to obstruct a deal between Iran and Oman. Washington must accept the agreement for Hormuz to reopen, the spokesman said.

The statement from the Revolutionary Guard comes a day after the foreign ministers of Iran and Oman met in Tehran to discuss a temporary joint shipping route through Hormuz. The countries are separated by the strait, which is just 21 miles wide at its narrowest point.

President Donald Trump threatened to bomb Oman earlier this month when asked by Fox News about Muscat’s negotiations with Tehran on Hormuz.

Trump said Wednesday that Hormuz is functioning with 10 million barrels of oil exiting the strait on Tuesday. “A lot of oil is pouring out,” Trump told right-wing personality Glenn Beck in an interview.

Trump has repeatedly claimed the U.S. controls Hormuz as the military helps ferry tankers through the strait along Oman’s coast. U.S. Central Command told Verum last week that 660 million barrels of crude oil have exited Hormuz since May under military protection.

Technologies

Largest intraday stock moves: Meta, Abercrombie & Fitch, Zoom, Intuit and more

Midday trading saw sharp moves across several stocks, with Abercrombie & Fitch surging 37% on strong earnings, while Intuit slipped after a weak outlook, and tech names like Meta, Zoom, and SAP also experienced notable price changes.

Market Insight

<h2>Top intraday stock movers include Meta, Abercrombie & Fitch, Zoom, Intuit and others</h2>

Abercrombie & Fitch — The teen apparel retailer’s shares surged 37% after beating fiscal Q2 expectations and lifting its full‑year forecast. Adjusted earnings were $2.42 per share, and revenue rose 5% to $1.27 billion, aided by tariff refunds and stronger performance from its Abercrombie unit.

Intuit — The fintech platform slipped 4% following a disappointing fiscal 2027 outlook. Intuit now projects revenue of $23.3‑$23.5 billion for the fiscal year that began this quarter, below FactSet’s $23.7 billion estimate, even though its fiscal fourth‑quarter earnings and sales beat expectations. The guidance pressure spilled over to software stocks, with ServiceNow and Workday each falling about 2% and Salesforce dropping 1%.

Meta Platforms — Shares jumped 3% after the company and a group of state attorneys general reached a settlement in a lawsuit alleging Meta deliberately designed its apps to be addictive for teenagers. A trial on the matter had begun the previous week in California.

Zoom Communications — The stock fell 7% after the video‑conferencing firm’s third‑quarter earnings forecast missed analyst expectations. Zoom now expects earnings of $1.46‑$1.48 per share for the quarter, below FactSet’s $1.50 estimate.

Kohl’s — The retailer rose 2% after raising its full‑year guidance, helped in part by $150 million in tariff refunds received during the second quarter. Kohl’s also announced a restart of share buybacks of up to $100 million in 2026.

J.M. Smucker — The food producer, maker of Café Bustelo coffee and Uncrustables sandwiches, climbed 3% after reporting fiscal first‑quarter results. Revenue of $2.22 billion exceeded the LSEG consensus of $2.13 billion, and adjusted earnings per share were $3.24, though it was unclear how that compared to the $2.22 estimate.

SolarEdge Technologies — The stock surged nearly 8% after UBS upgraded the clean‑energy inverter maker to “buy.” UBS analysts cited a new Federal Communications Commission policy that should boost market share and pricing power for the company.

Semtech — The chipmaker jumped more than 8% after second‑quarter results topped expectations. Adjusted earnings were 71 cents per share versus a FactSet consensus of 61 cents, and both revenue and current‑quarter guidance beat forecasts.

Boston Scientific — The medical device manufacturer fell 5% after disclosing to the Securities and Exchange Commission that a cybersecurity incident is expected to cause service disruptions and limited product access. The company said no restoration timeline is available yet.

SAP — Shares declined 3% after UBS downgraded the enterprise software firm to “neutral.” Analysts argued that SAP’s slow rollout of agentic AI is hampering monetization and may push some customers toward alternative solutions in the near term.

— Verum’s Christina Cheddar Berk, Ananya Chetia and Fred Imbert contributed reporting