UAE’s shock OPEC exit: What it means for the oil cartel’s future and for crude prices
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
Josh Brown likes next-generation aviation stock as long-shot play on potential electric aircraft boom
Joby Aviation is a good way to play the emerging eVTOL industry, Josh Brown told CNBCs “Halftime Report” on Tuesday.
Defense stocks have floundered since the Iran war began. Here’s why
Defense stocks haven’t been the slam-dunk play some investors expected.
OpenAI’s growth may be sputtering. These are the stocks most at risk
Oracle, Amazon, Microsoft could see hiccups as other chatbots gain market share
Airbus reports falling profits as jet deliveries slow
Airbus’ first-quarter adjusted operating profit declined by 52% to 300 million euros, down from 624 million euros in the same period last year.
Op-ed: In blocking Meta-Manus deal, China sent a powerful reminder to Mark Zuckerberg and U.S. market about AI race
When Mark Zuckerberg’s Meta acquired Manus, a Singapore-based AI startup with Chinese roots, many saw a routine deal. They don’t know China.
Spotify stock plummets after earnings beat expectations as guidance disappoints
The Swedish audiostreamer’s soft guidance overshadowed an earnings beat.
United Arab Emirates to leave OPEC May 1, energy chief says still committed to oil price stability
The UAE said it decided leaving OPEC was in its national interest after reviewing its production policy and capacity.
OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling
OpenAI has recently missed its own projections for user growth and revenue, the WSJ reported.
This is not a stock picker’s market, says head of Norway’s $2 trillion wealth fund
Although he touted the fund’s strategy against an uncertain backdrop, Nicolai Tangen conceded that “If markets go down, we’ll go down too.”
