Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
Just a few tankers are passing through the Strait of Hormuz, as the U.S. Navy blocks Iran’s coast and Tehran threatens to retaliate against ships in the Gulf.
Retail traders pile into Allbirds after odd AI pivot. History shows it won’t end well
This surge of speculative buying reflects a broader return of animal spirits among small traders.
Anthropic rolls out Claude Opus 4.7, an AI model that is less risky than Mythos
Claude Mythos Preview is Anthropic’s most powerful AI model that excels at identifying weaknesses and security flaws within software.
Quantum stocks on pace for a massive week after Nvidia debuts AI models to boost the tech
Hyperscalers Alphabet, Amazon and Microsoft have been investing heavily in chips to power quantum computing
Charles Schwab to launch direct bitcoin, ether trading to compete with Robinhood
Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether in the coming weeks.
TSMC and ASML post-earnings stock moves could be a sign of what’s to come from chip companies
Two of the biggest chipmakers, TSMC and ASML, failed to catch major tail winds from strong earnings. It could be a bellwether for the chip industry as a whole.
ECB keeps markets guessing on rates with two weeks to go, warns of ‘layer cake of shocks’
One policymaker said officials were worried about a “layer cake of shocks.”
World’s biggest chocolate maker issues profit warning as cocoa prices collapse; shares plunge 17%
Swiss chocolate maker Barry Callebaut on Thursday lowered its operating profit outlook, citing supply concerns and industry overcapacity.
U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says
The U.S. has signaled optimism about the prospect of reaching a diplomatic end to the Iran war.
UK eases rules for hedge funds in sweeping overhaul of short selling rules
The U.K.’s Financial Conduct Authority has overhauled its rules on short-selling.
