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…
Dow Jones surges 860 pts as Hormuz reopening lifts stocks to highs
US stocks surged on Friday, with major indexes hitting fresh records as investors cheered Iran’s decision to reopen the Strait of Hormuz and growing optimism around a potential end to…
5 stocks Wall Street is quietly loading up before next week
Wall Street is heading into next week with the S&P 500 and Nasdaq at fresh record highs, but this still does not look like the kind of market where everything…
Inside the great AI talent war draining startups, powering Big Tech’s ambitions
The global race to dominate artificial intelligence is increasingly defined not just by capital investment or computing power, but by a fierce, escalating battle for a small pool of elite…
Dow Jones jumps 680 points as ceasefire hopes fuel stock rally
US stocks rose on Friday, extending a recent rally, as investors welcomed fresh signs of de-escalation in the Middle East conflict and improving prospects for a ceasefire.The Dow Jones Industrial…