Stocks
Brent Crude Rebounds as US-Iran Tensions Threaten Strait Shipping
Brent crude prices rose Tuesday, recovering from a prior session's selloff. Escalating military exchanges between the U.S. and Iran cast doubt on...
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Markets
Abel Forges New Path for Berkshire Hathaway Portfolio
Under CEO Greg Abel, Berkshire Hathaway is charting a new investment course, shedding small positions, exiting underperformers, and embracing calculated risks in...
Finance
Agentic AI Forces Rethink on False Payment Declines
Agentic AI is shifting payment system focus from fraud prevention to confidently recognizing good transactions. This demands a new approach to false...
Economy
Gold Holds Loss as US-Iran Deal Hopes Contend With Inflation Fears
Gold held losses as fresh Persian Gulf clashes tempered US-Iran peace deal prospects, reinforcing concerns that inflation could keep interest rates elevated....
Stocks
Zscaler Projects 16%-17% FY27 Growth, Targets $4.10-$4.11 FY26 EPS
Zscaler forecasts 16%-17% ARR and revenue growth for fiscal 2027, alongside a $4.10-$4.11 FY2026 EPS target. This follows strong Q3 results driven...
Markets
Nikkei 225 Reaches All-Time Highs, Tech Stocks Lead Gains
The Nikkei 225 index surged to fresh all-time highs on Wednesday, climbing above the 65,900 level, driven primarily by robust performance in...
Stocks
Stocks Climb on Iran Peace Hopes, Tech Leads Nasdaq to New Highs
U.S. stock indexes mostly closed higher Tuesday, with the S&P 500 and Nasdaq 100 reaching new all-time highs, driven by optimism over...
Investing
IRS Automates Tracing for $3.2 Billion in Unidentified Payments
The IRS is implementing an electronic case management system to address $3.2 billion in unidentified taxpayer payments, responding to TIGTA recommendations.
World Business
Adnoc LNG Tanker Delivers Cargo to India After Hormuz Transit
An Adnoc LNG tanker, the Umm Al Ashtan, has exited the Strait of Hormuz, delivering cargo to India, contributing to a recent...
Stocks
Semtech Projects $328M Q2 Revenue, Targets 35% Data Center Growth
Semtech (SMTC) forecasts $328 million in Q2 revenue, targeting 35% sequential growth in its data center segment, building on a record-setting Q1.
Finance
PayPal’s Checkout Dominance Erodes as Rivals Gain Ground
PayPal, a pioneer in online payments, faces its most significant challenge in nearly three decades as competitors like Apple and BNPL firms...
Stocks
Cleveland-Cliffs (CLF) Breaches Key 200-Day Moving Average
Cleveland-Cliffs Inc (CLF) shares crossed above their 200-day moving average of $16.80 on Wednesday, June 14, 2023, trading as high as $17.23...