Oracle’s TikTok stake sits at just over $2 billion, filing shows
Oracle bought 15% of TikTok’s U.S. operations in January after China’s ByteDance was forced by U.S. law to divest.
Dow closes down nearly 300 points as oil prices climb on Iran war: Live updates
The Dow Jones Industrial Average fell on Wednesday as investors continued to eye developments in the U.S.-Iran war and oil prices.
Food prices could rise as Iran conflict disrupts fertilizer supply chain
The Iran conflict is disrupting fertilizer shipments through the Strait of Hormuz, raising supply concerns and potentially increasing global food inflation.
Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war
The insurance giant will work with the U.S. International Development Finance Corporation to help backstop shipping.
Nebius stock pops 16% on Nvidia $2 billion investment announcement
The announcement comes a week after Nvidia unveiled partnerships with Lumentum and Coherent, investing $2 billion in each company.
Revolut acquires full UK banking license after years-long wait
The UK-based startup hit a valuation of $75 billion in 2025 and is one of Europe’s most valuable private tech companies.
IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns
Oracle CEO Clayton Magouyrk said on an earnings call the company’s model of having customers provide data chips for new data center builds is working.
Consumer prices rose 2.4% annually in February, as expected
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
Five things to know about Iran’s new supreme leader, Mojtaba Khamenei
“The Iranians are showing defiance by choosing the son of Khamenei,” a former diplomat told CNBC.
