Trump says Iran’s president asked for ceasefire, but U.S. wants Hormuz Strait open first
The war began in late February when the U.S. and Israel launched strikes on Iran, causing economic turmoil and massive global energy disruptions.
Here are Wednesday’s biggest analyst calls: Nvidia, Nike, Marvell, Formula One, Boeing, Disney, AMD & more
Here are the biggest calls on Wall Street on Wednesday.
Private sector hiring totaled 62,000 in March, better than expected, ADP says
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
Oil supply crunch will worsen in April, IEA warns as it weighs releasing more strategic reserves
The organization’s Executive Director Fatih Birol also warned that the Iran war had created the worst oil crisis in history.
Stocks making the biggest moves premarket: Nike, RH, Sandisk & more
These are the stocks posting the largest moves premarket.
Nike gets downgrades from a few Wall Street shops due to dim sales outlook
Nike shares have fallen 17% since the beginning of this year.
Visa launches new AI tools to manage the charge dispute process
Visa’s new tools are part of a larger push by major banks and financial institutions to incorporate AI into their businesses.
Five key questions Apple faces entering its second half-century
As Apple turns 50, the iPhone maker faces questions about succession, its role in AI and whether it can maintain a premium brand.
Sen. Warren slams Trump administration for pressuring EU to relax tech regulations
Sen. Warren said the Trump administration trade negotiations are focused on giving advantages to Trump’s “tech billionaire friends.”
Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers
Xpeng’s deal to make software, hardware and even vehicles with VW Group in China shows that Chinese firms are now making the high-value components.