Oil market at ‘tank bottoms’ in Asia, and Europe isn’t far behind, warns Carlyle’s Currie
Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said Carlyle’s Jeff Currie.
Asia markets set for mixed open as oil falls on Hormuz reopening hopes
Asia-Pacific markets were set to open mixed Monday amid reports that the crucial Strait of Hormuz may reopen soon, pushing oil prices down and lifting investor sentiment.
Oil prices fall more than 4% after Trump says Iran talks proceeding in a ‘constructive manner’
Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.
Disney’s ‘Star Wars: The Mandalorian and Grogu’ tallies lowest Thursday preview sales in franchise history
Disney’s “Star Wars: The Mandalorian and Grogu” tallied $12 million in Thursday night previews, the lowest collection of advance tickets in franchise history.
Space rockets, satellites, data centers and Grok: What’s the right S&P sector index for SpaceX?
What S&P Sector is SpaceX likely to be in once it launches on the public markets.
‘The Mandalorian and Grogu’ is Disney’s lowest-ever Star Wars film opening
Disney’s “The Mandalorian and Grogu” tallied and estimated $82 million in domestic ticket sales through its first three days in theaters.
California seeks novel solution as chemical tank heats up, risking catastrophe
The goal is to neutralize a nearby 15,000-gallon tank and reduce its explosive potential if the smaller tank failed.
Trump says Iran negotiations proceeding in ‘orderly and constructive manner;’ warns against rushing
The president said the U.S. naval blockade of Iranian ports would remain in effect until “an agreement is reached, certified, and signed.”
These companies have cash and are liked on Wall Street
Wolfe Research screened for companies with market caps above $250 million that are in the top quintile for net cash-to-market cap ratio.
The Middle East war is testing the Gulf’s ambitions to become an AI hub
Attacks on data centers in the Middle East and persistently high energy prices have altered the calculus for operators of the facilities, analysts say.