Day: June 12, 2025
An Israeli attack on Iran could send oil prices above $100 as tensions mount
Beset by near-universal bearish outlooks just a month ago, oil prices could spike to more than $100 a barrel in the event of an Israeli attack on Iran, some analysts are warning. Crude prices spiked as much as 5% overnight — before paring gains — on fears of military escalation between Iran and Israel as […]
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Stock futures slip, but major averages head for winning week: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 11, 2025. Brendan McDermid | Reuters U.S. stock futures ticked lower on Thursday night, but traders prepared to end the week on a positive note. Futures tied to the Dow Jones Industrial Average slipped 70 points, or […]
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Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
FILE PHOTO: Jason Droege speaks at the WSJTECH live conference in Laguna Beach, California, U.S. October 22, 2019. Mike Blake | Reuters Scale AI plans to promote Chief Strategy Officer Jason Droege to serve as its new CEO, with founder Alexandr Wang heading to Meta as part of a multibillion-dollar deal with the company, CNBC […]
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Trump administration tells 500,000 immigrants to ‘self-deport’ after revoking protections
A farmworker works in a strawberry field on June 12, 2025 in Oxnard, California. Anti-immigration crackdowns ordered by US President Donald Trump has seen federal authorities target factories and work sites since June 6, sparking days of angry protests in Los Angeles. Apu Gomes | Afp | Getty Images The Trump administration began sending termination […]
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Air India crash: What to know about the first fatal Boeing Dreamliner tragedy
A view shows the wreckage of an Air India aircraft, bound for London’s Gatwick Airport, which crashed during take-off from an airport in Ahmedabad, India June 12, 2025. Adnan Abidi | Reuters An Air India plane that was bound for London and carrying 242 people crashed seconds after takeoff in western India on Thursday, killing […]
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Prices for common baby items are rising due to Trump’s tariffs, congressional analysis says
Baby car seat carriers for sale at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Bloomberg | Bloomberg | Getty Images The cost of some baby gear has risen in recent weeks due to President Donald Trump’s tariff policies, according to a new congressional report. The cost of five common […]
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Why Oracle can rally another 70%, according to investor Victoria Greene
Oracle shares may be rallying on its latest earnings beat, but it still has much higher to go, according to Victoria Greene, chief investment officer at G Squared Private Wealth. The cloud computing company was one of three names Greene discussed on CNBC’s ” Power Lunch ” Thursday – two made her buy list, while […]
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AMD reveals next-generation AI chips with OpenAI CEO Sam Altman
Lisa Su, CEO of Advanced Micro Devices, testifies during the Senate Commerce, Science and Transportation Committee hearing titled “Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation,” in Hart building on Thursday, May 8, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Advanced Micro Devices on Thursday unveiled new details about […]
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Sen. Alex Padilla handcuffed after forced removal from DHS press conference
Police handcuffed Sen. Alex Padilla, D-Calif., and pushed him to the ground Thursday after forcibly removing him from a press conference Homeland Security Secretary Kristi Noem was holding in Los Angeles. Padilla had entered the room and interrupted Noem as she was speaking about her department’s plans to continue deportation efforts in California, even as […]
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Google cloud and other internet services are reporting outages
A visitor walks past a Google Cloud sign at the booth of Google during the Hanover technology Fair (Hannover Messe) on April 22, 2024 in Hanover, northern Germany, with Norway as partner country. Ronny Hartmann | AFP | Getty Images Google’s cloud was suffering from global outages on Thursday, as were other cloud-based services. Users […]
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