Oil majors are in the spotlight as the effective closure of the Strait of Hormuz forces traders to reprice supply risk, sending benchmark crude sharply higher and pushing selected energy stocks toward fresh highs. With tankers avoiding one of the world’s most vital chokepoints and maritime traffic reportedly down about 80%, investors are rotating into
Amazon’s autonomous vehicle company Zoox is preparing to bring its self-driving vehicles to the Uber app in Las Vegas this summer. The partnership allows riders to request Zoox vehicles directly through Uber while the company continues operating its own app. The collaboration reflects growing momentum around autonomous mobility as technology firms and transport platforms compete
The US stocks opened mixed on Wednesday as the Dow Jones edged lower, while the S&P 500 and Nasdaq posted modest gains. The investors continue to weigh the latest developments in the US-Iran war and volatile oil prices while digesting fresh US inflation data. The Dow slipped 82 points, or 0.2%, while the S&P 500
Artificial intelligence infrastructure startup Nexthop AI has raised $500 million. The investment round, led by Lightspeed Venture Partners with participation from Andreessen Horowitz and existing backers Altimeter Capital and Kleiner Perkins, values the company at $4.2 billion. The deal reflects rising tech spending as companies race to expand computing capacity for AI systems and the
The AI infrastructure buildout isn’t slowing down, and Wall Street knows it. Citi analysts went through the semiconductor landscape after the latest earnings cycle and came back with four names they think still have room to run. The picks aren’t random as they reflect a clear-eyed view that demand for AI-grade chips stays strong even
Chinese electric vehicle maker Nio has reported its first quarterly profit since launching operations, marking a major financial milestone after years of losses. The company said Tuesday that strong demand for premium electric SUVs, record deliveries, and cost controls helped push the business into the black in the final quarter of 2025. The result highlights
US stocks traded mostly unchanged on Tuesday as investors monitored volatile oil prices and closely followed developments in the escalating conflict involving Iran. The Dow Jones Industrial Average slipped 62 points, or 0.1%. The S&P 500 hovered near the flatline, while the Nasdaq Composite gained 0.2%. Energy markets remained the primary focus for investors after
Oracle reported its third-quarter earnings on Tuesday, with investors treating the results as an important signal for the artificial intelligence trade. The company has been expanding its cloud infrastructure to support AI computing demand, a strategy that has required heavy capital investment. Markets are watching how the strategy affects financing, shareholder dilution, and Oracle’s ability
US stock index futures dropped sharply on Monday as surging oil prices and escalating tensions in the Middle East heightened concerns about inflation and the risk of a broader economic slowdown. Futures tied to the Dow Jones Industrial Average fell more than 523 points in early trading, while S&P 500 and Nasdaq 100 futures declined
Boeing stock price jumped by over 4% on Friday, and this trend may continue in the coming weeks as investors focus on Donald Trump’s trip to China later this month. BA jumped to $230, up substantially from the year-to-date low of $218. China to make hundreds of orders Boeing share price jumped as investors reacted