Author: franperez66q@protonmail.com
Two boys paddle-board in the sea as ships are anchored near the shoreline on April 22, 2026 in Bandar Abbas, Iran. Stringer | Getty ImagesBaker Hughes is working under the assumption that the Strait of Hormuz may not fully reopen for months, a senior executive at the influential oilfield services firm said Friday. Baker is assuming in its guidance that the U.S.-Iran conflict continues through the end of June and the strait may not be fully operational until the second half of the year, Chief Financial Officer Ahmed Moghal told investors on the company’s first-quarter earnings call. “There’s still a…
SLB seeks to pass on costs as Iran war disrupts supply chains Source link
Amazon stock is finally getting the breakout we have been waiting for — and another artificial intelligence chip win on Friday may help explain why. Shares of the e-commerce and cloud giant popped nearly 3% to above $263 each, on track for their second record-high close this week. The latest catalyst: Friday morning’s announcement that Meta Platforms has agreed to use Amazon’s Graviton chips to help run the social media and AI company’s massive computing needs. The deal, which will run at least three years, makes Meta a top-five customer of Graviton, which are central processing units (CPUs) based on…
U.S. Attorney for the District of Columbia Jeanine Ferris Pirro speaks during a press conference at the Department of Justice, in Washington, D.C., U.S., Aug. 12, 2025.Annabelle Gordon | ReutersPresident Donald Trump has repeatedly attacked the independence of the Federal Reserve. Friday’s dropping of a Justice Department probe into Federal Reserve Chair Jerome Powell doesn’t fully resolve the threat, though it will clear a path to the confirmation of Trump’s nominee for chair, Kevin Warsh.”I think we would be foolish to conclude from this that the Fed is out of the woods,” said Lev Menand, a professor at Columbia Law…
Intel Xeon 6 processors are shown to CNBC at Intel’s advanced packaging facility in Chandler, Arizona, on November 17, 2025.Tony PuyolSemiconductors are a runaway train — up 17 of the past 18 sessions — and options traders are buying increasingly expensive call options to chase the rally higher.The VanEck Semiconductor ETF (SMH) tracking the sector is up more than 30% this month after a 5% pop Friday, and implied volatility is rising alongside the price, meaning it’s getting more expensive to trade options around the group.The latest catalyst was Intel earnings overnight, which sent shares of the stock up 23%,…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are on track for a positive finish on Friday, lifting the S & P 500 into the green for the week and putting it on pace for a fourth consecutive weekly gain. Chip stocks are dominating the conversation once again after Intel’s strong quarter and comments about the market for central processing units (CPUs). It Graphics processing units (GPUs) made by the likes of Nvidia are still crucial to the…
US Space Force taps 12 firms for $3.2 billion Golden Dome missile defense contracts Source link
A US Army soldier was arrested for insider trading after being accused of making prediction-market wagers on the timing of the military’s capture of Venezuelan President Nicolás Maduro. Army soldier Gannon Ken Van Dyke made a profit of nearly $410,000 by making bets on Polymarket, and he was indicted on charges of unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud, and making an unlawful monetary transaction, the Department of Justice announced yesterday. “As alleged in the indictment, Van Dyke participated in the planning and execution of the US military operation…
Since then, an unremittingly, relentlessly, incessantly grim story, if you think of it from the perspective of the Labour Party, has been squatting on the news agenda, expelling the potential for anything they would rather be talking about getting any attention. Source link
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines’ future is hanging in the balance over the next week as President Donald Trump said the government could bail out the airline and the struggling discount carrier’s lenders are assessing a potential deal.”We’re thinking about doing it, helping them out, meaning bailing them out, or buying it,” Trump told reporters in the Oval Office on Thursday. “I’d love to be able to save those jobs. I’d love to…