Author: franperez66q@protonmail.com
CNBC’s Jim Cramer on Friday warned that a combination of rising interest rates, elevated oil prices, and a wave of new stock offerings could continue to pressure the market in the week ahead.”You’re looking at a market that’s hostage to interest rates and high oil, coupled with a monster amount of new stock coming through the pipeline that can’t be bought unless investors sell something else,” said the “Mad Money” host. All three of the major indexes closed lower after a stronger-than-expected jobs report pushed Treasury yields higher and diminished hopes for near-term rate cuts. Investors also grappled with the…
President Donald Trump faces the risk that Iran will close the Bab el-Mandeb Strait if the conflict in the Middle East escalates, a scenario that would slash oil supplies to an already deeply disrupted market. The Bab el-Mandeb is one of the world’s key trade choke points, connecting the Red Sea to the Gulf of Aden and the Arabian Sea. It has acted as a crucial relief valve for the oil market as exports through the Strait of Hormuz have plunged due to Iranian attacks on tanker and cargo ships.Saudi Arabia surged oil flows through its East-West Pipeline after the…
Boeing studying boost of 737 MAX plane production to highest-ever rate Source link
After successfully replacing the firmware with a replacement image that did nothing more than display the word “patched” on the speaker’s LED display, the researcher got to wondering what else a hacker might do. So he turned his attention to FreeRTOS, the open source operating system that ran the Katana V2X. It contained a set of HID functions for allowing the speaker to act as a human interface device, a classification that includes keyboards, mice, and webcams. The speaker implemented a limited HID that allowed for things like changing the volume and playing or pausing sound, but little else. The…
11 Sikh MPs say the killing was about “a man carrying an offensive weapon and committing a brutal murder”. Source link
SpaceX is about to make the biggest public debut ever in history, into a euphoric stock market that’s showing signs of a turn. There’s never been an offering quite like this one. When SpaceX starts trading as expected on Friday next week, the rocket and satellite company is set to raise $75 billion in its initial offering. And, its valuation of $1.77 trillion means it debuts as one of the top 10 largest public companies, ahead of Facebook-parent Meta Platforms , Tesla and Micron Technology . Even more incredible is that it’s supposed to make the world’s first trillionaire out…
US says it will speed development and use of AI for national security Source link
Alphabet CEO Sundar Pichai during the Bloomberg Tech conference in San Francisco, June 4, 2025.David Paul Morris | Bloomberg | Getty ImagesA month ago, Alphabet briefly surpassed Nvidia by market cap. The stock has since been on a downward slide, and just wrapped its fourth straight weekly drop, the longest losing streak in more than a year. That’s the market mood Alphabet faces as it pursues $85 billion in fresh capital to help fund its artificial intelligence build-out. While Google has been Wall Street’s favorite megacap tech name over the past year, some skepticism is seeping into the story as…
Getting children to school is becoming a thorny issue for councils to deal with. Source link
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty ImagesAnthropic’s Mythos model offered a much-needed lifeline to cybersecurity firms in the age of artificial intelligence.Yet, this week’s cybersecurity earnings offered a brutal reminder that even with tailwinds, sometimes good just isn’t good enough as shares of CrowdStrike and Palo Alto Networks lost 8% and 3%, respectively.”People probably got a little over their skis,” said Joseph Gallo, a software analyst at Jefferies.…