Oil ‘Tourists’ Pile Into Market Amid Biggest Rally in Two Years
Reza Dilmaghani mostly trades equities, but for the past week he’s been dipping in and out of the oil market,…
Dollar close to 7-week high after strongest week since 2022
The U.S. dollar was just off its highest level in seven weeks on Monday after a rally sparked by Friday’s…
US FAA authorizes SpaceX Falcon 9 vehicle for Monday flight
SpaceX’s workhorse Falcon 9 rocket can return to flight for a mission planned for Monday to launch the European Space…
Oil Bets Most Bullish in Two Years as Mideast Tension Flares
Oil futures posted their largest gain in more than a year last week. And the frenzy was even bigger in…
Japan’s top FX diplomat warns against speculative moves as yen falls
Japan’s top currency diplomat on Monday issued a warning against speculative moves on the foreign exchange market as the yen…
Nvidia Teams Up With Accenture to Boost Corporate AI Use
Nvidia Corp. has expanded a partnership with technology consultant Accenture as part of an effort to drive adoption of artificial…
Why China’s massive stimulus effort might not have any effect until next year
The direct effects of China’s latest stimulus may not kick in until 2025, one researcher says. That’s because Beijing needs…
OpenAI’s $157 billion valuation and the port strike show the contrasting attitudes around AI
Events this week highlight the vivid contrast in attitudes around the potential of AI. Yesterday, OpenAI raised $6.6 billion from…
Spirit Airlines shares slide after report of possible bankruptcy filing
Spirit Airlines is in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its…
Elon Musk Reportedly Already Moved X Headquarters From San Francisco To This Little-Known Location
Elon Musk has officially moved the headquarters of X (formerly known as Twitter) from San Francisco to a lesser-known spot…