Author: Fiona Craig

Wolfe Research has warned that rising oil prices linked to the Iran conflict could increase the risk of policy mistakes by major global central banks, according to a recent research note. The firm said U.S. equity markets have so far shown limited reaction to higher energy prices, while long-dated government bond yields and central bank…

Artificial intelligence-linked stocks have accounted for more than 80% of the S&P 500’s gains so far in 2026, prompting debate among investors over whether the rally can continue. However, strategists at Jefferies argue that the advance still appears fundamentally supported rather than excessively speculative. According to the broker’s quantitative strategy team, gains across its AI-focused…

The battlefield of the future is increasingly being shaped not by massive military hardware programs, but by compact, low-cost drones capable of carrying out surveillance, targeting, reconnaissance, and tactical strike missions at scale. From the ongoing conflict in Ukraine to emerging defense strategies across NATO and allied nations, one reality has become impossible to ignore:…

Applied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue on Thursday and issued third-quarter guidance ahead of Wall Street expectations, supported by continued heavy investment in artificial intelligence infrastructure and data centers that is driving demand for semiconductor manufacturing equipment. AI Infrastructure Spending Continues to Boost Demand The Santa Clara-based chip equipment maker said it expects…

A Texas jury ruled on Wednesday that Exxon Mobil (NYSE:XOM) was not liable in a lawsuit accusing the energy giant of misleading investors through disclosures connected to its Canadian oil sands business and Rocky Mountain natural gas operations. Investors Failed to Prove Fraud Claims The case, originally filed in 2016, alleged that Exxon hid losses…

Stellantis (NYSE:STLA) and Dongfeng Motor Group announced on Friday that they have signed an agreement to manufacture Peugeot and Jeep-branded electric vehicles at their joint venture facility in Wuhan beginning in 2027, extending a partnership that has spanned more than three decades. The agreement relates to the Dongfeng Peugeot Citroën Automobile Co. (DPCA) joint venture…

May 14, 2026 marked a major moment for artificial intelligence listings, with Cerebras Systems (NASDAQ:CBRS) surging 68% on its first day of trading on the Nasdaq to close at $311.07, well above its IPO price of $185 per share. The flotation generated $5.55 billion, making it one of the biggest U.S. technology IPO fundraisings in…

Oil prices advanced around 2% after U.S. President Donald Trump said he and Chinese President Xi Jinping agreed that Iran must not obtain nuclear weapons, while market concerns persisted over attacks and seizures involving ships near the Strait of Hormuz despite Tehran reporting increased maritime traffic through the waterway. Brent crude futures gained $1.77, or…

Gold prices declined for a fourth consecutive session on Friday, pressured by stronger U.S. economic data that lifted the dollar and weakened expectations for near-term Federal Reserve rate cuts. Investors also remained focused on talks between U.S. President Donald Trump and Chinese President Xi Jinping. Spot gold fell 1.6% to $4,578.74 an ounce by 03:05…