Piper Sandler says Strait of Hormuz to remain closed for months and oil to hit new highs
Prolonged closure of Strait of Hormuz could send crude oil prices to new highs this summer.
Markets suggest stocks are on solid ground and crude oil could be in for a decline, Todd Gordon says
The VIX is saying that equities are in good shape and, if a resolution of the war is near, crude oil may plummet into the $80s, and maybe $70s, per barrel.
Cornyn and Paxton go head-to-head in Texas Republican Senate primary after Trump endorsement
President Donald Trump last week endorsed Texas Attorney General over incumbent Sen. John Cornyn.
American Airlines picks SpaceX’s Starlink for in-flight Wi-Fi on more than 500 planes
American Airlines said it will install SpaceX’s Starlink for inflight Wi-Fi on more than 500 of its airplanes.
Trump to host Cabinet meeting at Camp David on Wednesday as Iran talks continue
Trump and his top officials will make the rare trip to the woodsy Maryland retreat to discuss issues both foreign and domestic, a White House official said.
Micron hits $1 trillion market cap for the first time as stock surges 18%
A global memory shortage driven by AI is spiking demand for chipmakers like Micron.
Judges block Alabama districts that would dilute Black vote in 2026 congressional elections
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Dropbox CEO Drew Houston to step down after 19 years at helm of cloud storage pioneer
Dropbox CEO Drew Houston, who started the cloud storage company when he was 24, plans to step down and assume the role of executive chairman.
Eli Lilly stock edges higher as company plans nearly $4 billion in vaccine deals
The deals are part of Eli Lilly’s effort to expand into infectious disease research and development.
BP removes chairman Albert Manifold, citing ‘oversight and conduct’ issues
The board of British energy major BP on Tuesday announced it had unanimously decided to remove Chairman Albert Manifold with immediate effect, citing governance oversight and conduct issues.