US crude oil storage demand surges as traders brace for OPEC+ price war
U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data…
Nvidia, Tesla lead over $250 billion in short-seller losses during massive market rally
The market’s rapid bounce back to near-record highs over the past month has not been kind to investors betting against…
Dollar Hits One-Month Low as G-7 Stirs Fresh FX Policy Watch
A gauge of the dollar fell to its lowest mark in a month as traders awaited a Group-of-Seven meeting this…
Shopify launches AI tool that builds complete online stores from keywords
Shopify on Wednesday rolled out a generative artificial intelligence feature that would allow merchants on its e-commerce platform to set…
Wolfspeed Stock Plummets 70% on Report Firm Preparing to File for Bankruptcy
Wolfspeed reportedly is considering filing for bankruptcy within weeks as it struggles with mounting debt. The Wall Street Journal noted…
Oil pares price gains as rising US inventories outweigh Middle East supply fears
Oil trimmed gains on Wednesday as concerns over possible Middle East supply disruptions were offset by a jump in US…
Tesla stock is down to start the week. A new Model Y rival in China could be why.
Tesla stock (TSLA) is down to start the week, with news out of China perhaps weighing on the stock. Xiaomi…
Netflix stock downgraded on valuation concerns despite recent defensive strength
Netflix (NFLX) stock fell 1% Monday morning after JPMorgan analyst Doug Anmuth downgraded the stock to Neutral from Overweight, even…
Microsoft goes all in on AI agents at annual Build conference
Microsoft (MSFT) sees a future in which the world uses AI agents to do everything from coding to navigating its…
Cava Group Posts Strong Results, But Outlook Holds Back Stock
Cava Group beat first-quarter profit and sales estimates, but its outlook wasn’t as strong as some had anticipated. The Mediterranean…