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A Dubai Princess, Sheikha Mahra bint Mohammed bin Rashid Al Maktoum, appears to have asked her husband for a divorce via Instagram.

On Wednesday, July 17, Sheikha Mahra bint Mohammed bin Rashid Al Maktoum — the daughter of the current ruler of Dubai — shared a post on her verified Instagram account that said “Dear Husband, As you are occupied with other companions, I hereby declare our divorce.”

“I divorce you, I divorce you, and I divorce you,” Sheikha Mahra, 30, added, seemingly referencing the Islamic practice known as triple talaq, which allows husbands to divorce their wives by saying “I divorce you” three times, according to the BBC. “Take care. Your ex-wife,” Sheikha Mahra concluded her post.

The post comes just over a year after she reportedly tied the knot with her partner Sheikh Mana bin Mohammed bin Rashid bin Mana Al Maktoum.

Sheikha Mahra is the daughter of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, 75, who is also vice president and prime minister of the United Arab Emirates (UAE).

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The iShares Semiconductor ETF (SOXX) slumped 7% on Wednesday as investors locked in profits amid growing concerns that chipmakers will face heightened U.S. trade restrictions and geopolitical tensions, irrespective of which candidate wins the November presidential election.

Below, we take a closer look the fund’s weekly chart while also pointing out important technical levels to watch out for amid uncertainty surrounding the sector.

Since bottoming out just below the 200-week moving average in October 2022, the SOXX ETF’s price has trended steadily higher, with investors using dips as buying opportunities.

Despite the bullish longer-term price action, more recent technicals on the chart signal weakening buying momentum, potentially indicating a tiring trend.

Firstly, as the ETF set a record high last week, the relative strength index (RSI) made a shallower higher to form a bearish technical divergence. Secondly, during the fund’s most recent leg higher, trading volumes have, for the most part, trended lower.

Amid further retracements in the ETF’s price, investors should keep an eye on three key areas where it may encounter support.

The first level sits around $230, a location on the chart that could attract buying interest near a peak that marked the end of an impulsive trending move between October 2023 and March this year.

A close below this level may see the fund fall to the key $180 level, where it would likely find significant support near a horizontal line connecting two prior record highs that formed in January 2022 and July 2023. Interestingly, this region also roughly aligns with the respected 50% Fibonacci retracement level when stretching a grid from the October 2022 low to this month’s high.

Further selling could lead to a retest of around $148, a region where buyers would look for entry points near a trendline linking multiple peaks and troughs from February 2021 to October last year.

If the ETF only has a minor pullback before moving higher, investors should monitor the $292 level.

We project this upside price target by taking the bars pattern from the fund’s impulsive move higher from October 2023 to March this year and apply it to April’s swing low. This provides a general area on the chart when the ETF may run into selling pressure, particularly if other technical indicators are pointing to overbought conditions at the same time.

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Businessman Cubana ChiefPriest has told his bestie, Davido that he love him with every single air he breathe.

He said Chief David Chukwuma Adeleke, You Have Done It All, I Love You With every single air I breathe.

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Amazon-backed (AMZN) Anthropic announced Wednesday that it is partnering with Menlo Ventures to launch the Anthology Fund, a $100 million fund focused on artificial intelligence (AI) that could better Anthropic's position in the AI race by supporting startups that could help advance Anthropic's technology.

Anthropic is an AI company and maker of the Claude model, a competitor of Microsoft-backed (MSFT) OpenAI's ChatGPT. While ChatGPT established OpenAI as an early leader of the AI boom, Anthropic claims its latest model offers comparable or better performance than GPT-4o and Alphabet's (GOOGL) Gemini.

Anthropic could stand to gain from the fund's rollout as companies supported by the Anthology Fund will have access to Claude and could expand its use.

"The Anthology Fund aims to partner with innovative founders to build unique AI-first applications and infrastructure solutions that leverage Anthropic’s technology and AI models," Menlo Ventures said in the announcement.

The release noted the Anthology Fund is "not just looking for startups," but is "seeking AI pioneers who harness Anthropic’s cutting-edge technology to redefine what is possible today through AI," potentially helping advance Claude's capabilities and the AI model's adoption rate, which would benefit Anthropic.

The startups that the fund invests in will also receive $25,000 in free credits to harness Anthropics AI models, potentially setting them on the path to becoming paying Anthropic customers.

The fund's launch follows similar moves by rivals like OpenAI, which has its own OpenAI Startup Fund, as AI companies invest in startups that could help expand their tech and influence.

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