Category: Top Story
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U.S. airline stocks rise in premarket as oil slides after Iran ceasefire deal
U.S. airline shares moved sharply higher in premarket trading on Wednesday as oil prices dropped following a conditional ceasefire agreement between the United States and Iran, easing tensions that had unsettled energy markets for more than five weeks. Delta Air Lines (NYSE:DAL), United Airlines (NASDAQ:UAL) and American Airlines (NASDAQ:AAL) gained between 6% and 8% before…
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Futures surge, oil tumbles after Iran ceasefire deal – what’s moving markets: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to the major U.S. stock indices jumped sharply after the United States and Iran reached a temporary ceasefire in their conflict, which has lasted more than a month. Tehran’s agreement to permit safe tanker traffic through the Strait of Hormuz has also eased concerns over potential global energy supply disruptions, sending crude prices…
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Snap, NEO Battery, Saab – Something Big Is Brewing Here
Snap Inc. – Back to an all-time high? Investor steps on the gas Is a massive rebound on the horizon for the social media company? At least in recent trading days, Snap stock caused a stir and shot up a whopping 22%. The rally was triggered by the entry of activist investor Irenic Capital Management, which…
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Stocks Pare Early Losses as Ceasefire Hopes Offset Iran Deadline Jitters
Wall Street staged a late-session recovery on Tuesday as geopolitical developments helped markets claw back the bulk of a sharp morning sell-off. Stocks had opened firmly in the red as traders braced for President Trump’s approaching deadline for Iran to reopen the Strait of Hormuz, but a request from Pakistan for a two-week extension of…
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Fox partners with Kalshi to bring prediction market data to its platforms
Fox Corporation (NASDAQ:FOX) said it has entered into an agreement with prediction market platform Kalshi to integrate market-based forecasting data across its media properties, including Fox News Channel, Fox Business Network, Fox Weather and the Fox One streaming service. Under the sponsored collaboration, Kalshi’s real-time prediction market data will be incorporated into Fox’s television broadcasts…
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Intel shares rise after joining Terafab semiconductor initiative
Intel (NASDAQ:INTC) shares climbed about 2% on Tuesday morning after the company confirmed it has joined the Terafab chip manufacturing initiative alongside SpaceX, xAI and Tesla. The stock moved higher following reports that Intel hosted Elon Musk over the weekend and subsequently announced its participation in the project. In a post on X, Intel said…
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Uber expands AWS infrastructure to boost ride-matching and delivery efficiency
Uber Technologies Inc. (NYSE:UBER) said it is increasing its use of Amazon Web Services (AWS) infrastructure to improve the performance of its ride-hailing and delivery platforms. The company is rolling out AWS Graviton4 computing instances to power more of its Trip Serving Zones, the system that processes ride and delivery requests in real time. Trip…
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Apple’s foldable iPhone may face delays due to engineering challenges, report says
Apple (NASDAQ:AAPL) is encountering technical challenges during the engineering test phase of its first foldable iPhone, potentially pushing back the timeline for mass production and initial shipments, according to a report by Nikkei Asia on Monday. Citing people familiar with the matter, the publication said issues discovered during early development testing could delay the device’s…
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Ford recalls more than 420,000 U.S. vehicles over potential windshield wiper failure
Ford Motor (NYSE:F) is recalling more than 420,000 vehicles across the United States due to a potential defect that could cause windshield wipers to stop working, according to a notice issued Tuesday by the U.S. National Highway Traffic Safety Administration (NHTSA). The recall affects 422,613 vehicles, including certain Lincoln Navigator and Ford Expedition sport utility…
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Broadcom shares jump after securing long-term AI chip and networking agreements with Google
Broadcom Inc (NASDAQ:AVGO) shares rose nearly 4% in premarket trading on Tuesday after the company revealed major long-term agreements with Google (NASDAQ:GOOGL). A regulatory filing released Monday outlined an expanded partnership focused on developing custom silicon and networking infrastructure for artificial intelligence systems over the coming years. As part of the new arrangements, the two…