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US stocks surged Wednesday morning as oil plunged near $90 after President Trump said he had agreed to a two-week ceasefire with Iran — paving the way to reopen the Strait of Hormuz. The Dow Jones Industrial Average had soared 1,389 points, or 3%, as of 9:38 a.m. ET, while the S&P 500 and Nasdaq futures jumped […]
Elon Musk’s lawyer is accusing a San Francisco federal jury of “mocking” the billionaire by including “$4.20” among the figures for recommended damages in a class-action suit that accused the tech titan of misleading Twitter investors. In a Thursday letter to US District Judge Charles Breyer, defense attorney Alex Spiro argued the verdict was “corrupted” […]
A group of Republican and Democratic lawmakers in the U.S. House has rolled out new legislation designed to expand prevention, treatment and recovery services for people struggling with gambling addiction. The proposal is said to be one of the most significant federal attempts in more than a decade to address the growing public health concerns […]
US oil prices surged to $90 a barrel on Friday after President Trump demanded unconditional surrender from Iran – fueling fears of a lasting conflict that Qatar’s energy minister warned could “bring down the economies of the world.” Brent crude oil hit $86 a barrel, while West Texas Intermediate crude jumped above $90 – pushing […]
Marvell shares ripped 20% higher on Friday as the company posted an earnings beat and issued strong guidance, expecting robust artificial intelligence demand to continue. The semiconductor company reported adjusted earnings of 80 cents per share for the quarter, exceeding the 79 cents per share expected by analysts polled by LSEG. The company reported $2.2 […]
Markets fell sharply Friday morning as concerns over cooler-than-expected employment figures and anxiety over President Trump’s tariffs put a halt to their scorching run. In mid-morning trading, the Dow was down 538.07 points to 43,592.91, representing a 1.22% decline. The S&P 500 fell 84.72 points to 6,254.67, down 1.34%, while the Nasdaq dropped 357.10 points […]
