Author: franperez66q@protonmail.com
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026.Hussein Faleh | Afp | Getty ImagesOil and gas giants benefited significantly from their trading desks through the first quarter, shining a light on a commercially sensitive and often-overlooked unit that tends to outperform during periods of market volatility.Europe’s oil supermajors TotalEnergies, Shell and BP all pointed to robust trading results as they reported stronger-than-expected profits through the first three months of the year.The earnings followed a period of extreme volatility…
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026.Hussein Faleh | Afp | Getty ImagesLONDON — European stocks are expected to open in negative territory as prospects for a speedy resolution to the U.S.-Iran war appear increasingly remote.The U.K.’s FTSE 100 index is seen opening 0.5% lower, with Germany’s DAX down 0.76%, France’s CAC 40 down 0.4% and Italy’s FTSE MIB 0.56% lower, according to data from IG.Optimism over a looming U.S.-Iran peace agreement was dealt a reality check late…
Peltz’s Trian in talks to raise funds for Wendy’s go-private bid, FT reports Source link
The Nasdaq will rise to 30,000 points in the next year as a bumper earnings season continues to bolster enthusiasm for AI stocks, Dan Ives, managing director at Wedbush Securities, told CNBC’s Squawk Box Europe on Monday. A solid tech earnings season has seen investor jitters earlier this year replaced with bullishness over the AI infrastructure buildout. At close on Friday the Nasdaq Composite ended at 26,247.08, marking a 12.93% increase so far this year. “These earnings have validated the AI bullish thesis,” Ives said. “Demand and supply is 10-1 for chips. We are in the early days still of…
A pedestrian walks past monitors displaying a figure of the Nikkei 225 Stock Average outside a securities firm on May 07, 2026 in Tokyo, Japan.Tomohiro Ohsumi | Getty Images News | Getty ImagesAsia-Pacific markets traded mixed Tuesday as investors shrugged off fresh doubts over the fragile U.S.-Iran ceasefire after President Donald Trump warned the truce was on “massive life support.”Trump on Monday cast doubt on the survival of the U.S.-Iran ceasefire, saying the fragile truce was effectively “on life support” after Tehran delivered what he described as an unacceptable response to Washington’s proposal for ending the conflict.”I would say the…
Trump delays order to suspend beef import tariffs- WSJ Source link
Devices on the Covered List need waivers to continue receiving software updates, the FCC Office of Engineering and Technology said in its waiver extension order on Friday. “Under this waiver, all Uncrewed Aircraft Systems (UAS), UAS critical components, and routers produced in a foreign country that were authorized for use in the United States prior to these devices being added to the Covered List may at least until January 1, 2029, consistent with FCC rules, continue to receive software and firmware updates that mitigate harm to US consumers,” the FCC engineering office said. The waiver covers “all software and firmware…
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019.Aly Song | ReutersBEIJING — The U.S. and China are rallying their East Asia ties ahead of a highly anticipated presidential summit in Beijing later this week.Trade negotiators from both countries are slated to meet in Seoul, South Korea, ahead of U.S. President Donald Trump’s meeting with China’s Xi Jinping, scheduled for Thursday and Friday. The packed itinerary reflects the regional dynamic at play in U.S.-China relations, with the summit being closely watched by leaders globally.Here’s the…
AI rally pauses as Middle East ceasefire goes on ’life support’ Source link
Micron has become a standout favorite during the ongoing memory chip rally as tech companies scramble to secure supply amid shortages.The stock is up yet again on Monday even as the overall market is sagging on rising energy prices and concerns of renewed fighting between the US and Iran.Shares of Micron were up 9% in morning trading as the S&P 500 was unchanged. There was very little green on the board besides chip stocks and energy stocks because of a rise in oil. Intel was up more than 6% and Qualcomm was up more than 12% before both stocks pared…