For investors wondering what the yield curve inversion means for the market, it is not necessarily a death knell for stocks.
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Now that the key yield curve has inverted, here’s what typically happens to stocks next
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Iran attacks on crucial Saudi pipeline and production facilities slash kingdom’s oil output
Saudi Arabia’s critical pipeline to the Red Sea suffered a recent attack from Iran, cutting throughput by 700,000 barrels per day. The attack hit a pumping station on the East-West pipeline, according to a state-news agency report. This pipeline brings crude oil from processing facilities near the Persian Gulf to an export terminal on the […]
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AI threat’s relentless flogging of software stocks shows no end in sight with Anthropic’s new agent
Software’s artificial intelligence troubles don’t appear as though they will let up anytime soon, following the sector’s slide after Anthropic’s latest product and revenue updates. Software is down again this week, with the iShares Expanded Tech-Software Sector ETF (IGV) falling Wednesday — when most of the market participated in a sharp rally following President Donald […]
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OpenAI looks to take on Anthropic with $100 per month ChatGPT Pro subscriptions
Matthias Balk | Picture Alliance | Getty Images OpenAI announced a Pro ChatGPT tier on Wednesday that increases limits for Codex, OpenAI’s artificial intelligence-powered coding assistant, as the company looks to compete with Anthropic’s popular Claude Code. In an announcement posted to X, the company said the $100 per month Pro tier has five times […]
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