Dow Jones flat as Iran tensions rise; S&P 500, Nasdaq slip
Wall Street’s main indexes opened lower on Monday, as renewed tensions between the US and Iran weighed on investor sentiment following a record-setting rally last week.The Dow Jones Industrial Average…
Adobe stock jumps as AI agent push aims to fend off rising competition
Shares of Adobe rose on Monday after the company unveiled a new artificial intelligence agent platform aimed at strengthening its position in an increasingly competitive software landscape.The stock climbed about…
Tesla stock slips 2% on Monday after last week’s rally: here’s why
Shares of Tesla declined more than 2% on Monday, underperforming broader US equity markets.The move came as investors turned cautious ahead of the company’s first-quarter earnings report and awaited updates…
Google news sends Marvell stock to a record high
Marvell Technology (NASDAQ: MRVL) opened comfortably in “green” this morning after reports surfaced that it’s in active discussions to co-develop two new custom AI chips for Alphabet Inc.The Wilmington-headquartered firm…
Shippers seek clarity as Iran says Hormuz is open
Shipping companies reacted cautiously on Friday after Iran announced the reopening of the Strait of Hormuz, signaling a potential easing of tensions in one of the world’s most critical oil…
IMF signals Venezuela loan if data and reforms advance
The International Monetary Fund is preparing to deepen its engagement with Venezuela, with Managing Director Kristalina Georgieva signaling that a financial support program could follow if key conditions are met.Speaking…
Warsh’s nomination scrutiny sets stage for heated confirmation hearing
The nomination of Kevin Warsh to lead the Federal Reserve is fast becoming one of the most contentious confirmation battles in recent years, reflecting a broader clash over central bank…
Microsoft stock jumps as AI data center goes live, stock eyes best week
Shares of Microsoft rose more than 2% on Friday after Chief Executive Satya Nadella said the company’s Fairwater artificial intelligence data center in Wisconsin had gone live ahead of schedule,…
Microsoft stock jumps as AI data center goes live, stock eyes best week
Shares of Microsoft rose more than 2% on Friday after Chief Executive Satya Nadella said the company’s Fairwater artificial intelligence data center in Wisconsin had gone live ahead of schedule,…
Evening digest: Oil plunges, Bitcoin jumps on Iran deal hopes
US markets and global assets moved sharply on Friday as investors reacted to a flurry of geopolitical and market developments, including fresh optimism around a potential US-Iran deal, a surge…