Oil surges for second day, Brent tops $83 after Iran orders Strait of Hormuz closure
Oil prices have soared more than14% this week as tanker traffic through the Strait of Hormuz has ground to a halt. European natural gas has soared more 70%.
Apple raises MacBook prices across the board as M5 chips, new displays signal AI-first strategy
Apple’s Mac refresh moves the lineup further upmarket, pairing higher prices with faster performance in a push to give customers a reason to upgrade.
Wall Street playbook says buy when war breaks out. How this time could be different
The question this week is if oil could surge so high that the war is no longer viewed as a transient market issue, and dampens growth.
Trump administration offers shifting narrative for U.S. war in Iran as Democrats pounce
Trump said when the invasion began his objective was to “defend the American people by eliminating imminent threats from the Iranian regime, a vicious group”
Banking, payments services disrupted after Amazon UAE data centers hit in drone strikes
U.S. and Israeli strikes on Iran have prompted a wave of retaliatory attacks across the Middle East.
Nvidia is investing in these two stocks. Wall Street says you should too
A pair of photonics firms are set to receive a combined $4 billion from Nvidia. These stocks are also likely to gain ground, per analysts.
Stocks making the biggest moves midday: MongoDB, Pinterest, NRG Energy, Kontoor Brands & more
These are the stocks posting the largest moves in midday trading.
Anthropic ‘made a mistake’ in Pentagon talks and should ‘correct course,’ FCC boss says
In tense negotiations, Anthropic sought specific restrictions on the use of its AI technology by the Department of Defense, which the agency did not agree to.
I was on an Emirates flight to Dubai that turned around because of Iranian missiles
CNBC’s Emma Graham flew home to the UAE on an Emirates flight that turned around just 30 minutes from Dubai because of a missile threat.
Blackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund.