Stocks
Oil Prices Retreat as Red Sea Shipments Persist Despite Threats
WTI crude and RBOB gasoline prices fell Friday, giving back half of Thursday's rally, as Red Sea oil shipments continued despite Houthi...
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Stocks
Key Companies Set to Report Earnings Before Monday’s Open
AstraZeneca, Baker Hughes, and LVMH are among the major companies scheduled to release their earnings reports before the market opens on Monday,...
Stocks
DeepSeek Pauses $1.4 Billion Funding Round Amid Founder’s Viral AI Comments
Chinese AI startup DeepSeek has reportedly suspended its second funding round, targeting $1.4 billion, following viral comments attributed to its founder on...
Stocks
Brown-Forman Rejects Sazerac Takeover Bid
Brown-Forman (BF.A)(BF.B) rejected a renewed unsolicited takeover bid from Sazerac, reaffirming its commitment to independence. A majority of Brown family members back...
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AI Demand Fears Trigger Chip Stock Rout, Nasdaq Falls 1.27%
A sharp sell-off in semiconductor stocks, driven by concerns over AI demand sustainability, led the Nasdaq 100 to fall -1.27% on Friday....
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Samsung Secures $200B Chip Pact with Broadcom
Samsung Electronics has agreed to supply Broadcom with memory and foundry chips through 2030, a deal valued at over $200 billion.
Stocks
Trump Trade Falters: Key ETFs Turn Into Stock Market Losers
The 'Trump Trade,' initially a winning strategy for investors betting on his economic policies, is now in decline. Key ETFs tracking homebuilding,...
Stocks
Aramco Oil Depots Hit by Houthis; US Pauses Iran Strikes for Two Weeks
Houthi forces attacked two Saudi Aramco oil depots along the Red Sea on Saturday. This coincided with the US holding off on...
Stocks
Business Daily Episode Dives Into AI Costs, Trump Tariffs
The latest Business Daily episode, featuring Will Bain, Nga Pham, and Takara Small, scrutinizes tech earnings, AI investment pressures on Alphabet and...