Category: Top Story
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Markets Cautious as Fragile U.S.-Iran Truce Holds; CPI Data in Focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to major U.S. indices traded with little direction on Friday, as investors monitored a delicate ceasefire between the United States and Iran. Continued Israeli strikes on Hezbollah-linked positions in Lebanon have added uncertainty ahead of potential weekend discussions between Washington and Tehran. Meanwhile, oil prices moved slightly higher and gold edged lower, with…
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Wall Street Extends Rally as AI Mega-Deal and Chip Strength Offset Ceasefire Jitters
U.S. stocks posted a second straight day of gains on Thursday, though at a far more measured pace than Wednesday’s blockbuster rally. Investors continued to ride the wave of optimism from the U.S.-Iran ceasefire, but fresh doubts about the agreement’s durability kept a lid on the advance. The session’s real energy came from the technology…
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Chevron confirms oil discovery at Bandit prospect in Gulf of America
Chevron Corporation (NYSE:CVX) said it has confirmed an oil discovery at the Bandit prospect in the Gulf of America, according to a company statement. The exploration well is located in Green Canyon Block 680, roughly 125 miles south of the Louisiana coastline. The well encountered oil-bearing Miocene sand formations. Occidental Petroleum operates the project with…
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Tesla shares tick up on report of smaller, lower-cost EV under development
Tesla (NASDAQ:TSLA) shares moved slightly higher in premarket trading following a Reuters report that the company is working on a new compact electric SUV expected to be smaller and more affordable than models currently in its lineup. The vehicle could signal a renewed push toward the mass-market segment for the Austin-based EV maker. According to…
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Amazon CEO Jassy details AI spending plans, forecasts $200B capex for 2026
Amazon (NASDAQ:AMZN) Chief Executive Andy Jassy said in his annual shareholder letter that the company expects to spend roughly $200 billion on capital expenditures in 2026, with the bulk directed toward building out artificial intelligence infrastructure. Jassy said Amazon Web Services’ AI business has reached a revenue run rate of more than $15 billion in…
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Lilly Introduces Foundayo Oral GLP-1 Weight-Loss Pill in the U.S.
Eli Lilly and Company (NYSE:LLY) said that its new oral medication Foundayo (orforglipron) is now available in the United States for adults with obesity or those who are overweight and have related health conditions, following FDA approval granted on April 1, 2026. The treatment is taken once daily and does not require restrictions related to…
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Oil & Gas Executives Set to Address Investors at Virtual Conference on April 16
Senior executives from across the global oil and gas sector will gather on April 16, 2026, for a Virtual Investor Conference aimed at providing investors with direct insights into company strategies, operational progress, and future growth plans. Hosted by Virtual Investor Conferences, the event will bring together a diverse group of energy companies spanning North…
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Wall Street Set to Open Lower as Ceasefire Concerns Weigh on Markets: Dow Jones, S&P, Nasdaq, Futures
U.S. stock futures are indicating a weaker start on Thursday, suggesting markets may retreat after the strong rally seen in the previous session. Investors could look to lock in profits from Wednesday’s gains amid growing doubts about the stability of the Middle East ceasefire. Iran has accused both the United States and Israel of breaching…
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U.S. stock futures edge lower as markets await Iran ceasefire talks in Pakistan: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures moved slightly lower in premarket trading on Thursday as investors monitored whether the two-week ceasefire in the conflict with Iran would hold, following early signs of tension surrounding the fragile agreement. The pullback comes after a strong rally on Wall Street in the previous session, when the Dow posted its best…
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GM recalls nearly 33,000 Corvettes over turn signal detection software fault
General Motors (NYSE:GM) has announced a recall of 32,988 Corvette vehicles after identifying a software defect that could stop the system from detecting failures in the rear turn signal lights, according to a filing with the U.S. National Highway Traffic Safety Administration. The recall applies to select 2025 and 2026 Corvette models. Affected vehicles include…