Author: Admin
Jet fuel crisis in Europe threatens summer travel plans
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The International Energy Agency on Thursday warned that the Middle East crisis is hurting Europe’s airline industry, which is on the brink of running out of jet fuel. As Europe heads into its peak travel season, a continued blockade of the Strait […]
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Stocks making the biggest moves midday: Royal Caribbean, Exxon Mobil, Critical Metals, Netflix & more
Check out the companies making the biggest moves midday: Energy stocks – Shares fell sharply as oil prices sunk more than 12% after Iran opened the Strait of Hormuz for the duration of the ceasefire between Israel and Lebanon. APA Corporation declined by more than 9%, while Valero Energy fell more than 8.5%. Occidental Petroleum […]
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Anthropic’s Dario Amodei to meet with White House about Mythos
Anthropic CEO and co-founder Dario Amodei speaks during the 56th annual World Economic Forum meeting in Davos, Switzerland, Jan. 20, 2026. Denis Balibouse | Reuters Anthropic CEO Dario Amodei is meeting with Susie Wiles, the White House chief of staff, on Friday to discuss the company’s powerful new Mythos model that was announced earlier this […]
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AMD, Oracle, Microsoft and the IGV lead a monster week for tech stocks
Big Tech stocks were on track to wrap a massive week on Friday, with shares of Oracle, Advanced Micro Devices and Microsoft set to post historic gains and benchmarks. Oracle, up 32% week-to-date, is on track for its best week since October 1999. The company expanded an artificial intelligence data center power deal with Bloom […]
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Netflix was long ‘a builder not a buyer.’ Is that era over?
The Netflix logo is pictured at the company’s offices on Vine in Los Angeles, Dec. 5, 2025. Patrick T. Fallon | AFP | Getty Images For years, Netflix top brass would tell investors they were builders not buyers. Now, that sentiment toward growth may be changing. On Thursday Netflix reported its quarterly earnings. Typically, Netflix’s […]
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Iran declares Strait of Hormuz open to shipping; Trump says U.S. blockade still active
Iranian Foreign Minister Seyyed Abbas Araghchi in Cairo, Egypt, on Oct. 17, 2024. Sayed Mohamed | Xinhua News Agency | Getty Images Iran on Friday declared the Strait of Hormuz completely open to commercial traffic during the ceasefire between Israel and Lebanon. “In line with the ceasefire in Lebanon, the passage for all commercial vessels […]
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House Dem Sam Liccardo probes suspicious oil trades during Iran war
Rep. Sam Liccardo, D-Calif., attends a news conference with members of the Congressional Hispanic Caucus during the House Democrats’ 2025 Issues Conference at the Lansdowne Resort in Leesburg, Virginia, March 13, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images Rep. Sam Liccardo, D-Calif., is probing whether the nation’s top financial regulators are examining […]
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Investors are due a brutal wake-up call as economic reality sets in — and there’s nowhere to hide
Investors are dangerously underestimating the lasting impact of the Middle East war, as markets rally on optimism over a ceasefire agreement and rapid economic rebound. That’s the view of Sophie Huynh, portfolio manager and strategist at BNP Paribas Asset Management, who warned the market is not reflecting “the economic reality of what we could be […]
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The Nasdaq’s win streak, Netflix earnings, another AI pivot and more in Morning Squawk
1. Peace talks US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Thursday, April 16, 2026. Graeme Sloan | Bloomberg | Getty Images Stocks climbed higher in yesterday’s session after President Donald Trump announced that Israel and […]
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South Korean stocks remain ‘undervalued’, says Goldman after huge rebound from March losses
South Korea’s Kospi index was the best-performing major equity market of 2025, notching a 75% return over the year largely thanks to blockbuster demand for its domestic memory chipmakers. Since then, the index has rallied a further 40%, with April’s performance erasing March’s heavy losses felt during the depths of the Iran conflict. But South […]
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