The Trump administration is getting angry as EU Big Tech fines top $7 billion in 2 years

The European Commission and Trump administration are increasingly clashing over the bloc’s actions against U.S. tech companies.
Warsh Fed confirmation plan hits a snag as expected nomination hearing is delayed

A Senate hearing expected to be held in the coming days has been put off.
Alibaba leads $290 million investment for building a new kind of AI model as LLM limits emerge

Startup Shengshu plans to use the money for a “general world model,” paving the way for more practical robot applications.
China factory prices return to growth after 3 years, beating expectations on surging oil prices

China faces possible inflationary spillovers, though its massive strategic stockpiling onshore and diversified sources of energy provided some cushion.
Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz

U.S. President Donald Trump on Thursday warned Iran to “stop now” if it was charging tankers to transit the Strait of Hormuz.
Asia-Pacific markets set to open mixed as renewed tensions test a fragile Iran-U.S. ceasefire

The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel.
Friday’s big stock stories: What’s likely to move the market in the next trading session

Stocks continued their relief rally on Thursday as traders hoped the U.S.-Iran ceasefire would stick. The Dow Industrials turned positive for 2026.
Trump says Iran ‘better stop now’ if it’s charging oil tankers fees to go through Strait of Hormuz

President Donald Trump said that Iran “better stop now” if it is charging fees to oil tankers passing through the Strait of Hormuz.
Cramer explains the divergence in tech stocks – and why software may continue to lag

Jim Cramer marveled at the divergent fates of technology stocks — from hardware winners like Intel to software losers like Salesforce and Adobe.
Stock futures are little changed as traders monitor fragile ceasefire between U.S. and Iran: Live updates

Stocks extended their rally on Thursday after President Donald Trump agreed to a two-week ceasefire with Iran.