AI stocks came roaring back this week as investors worked through another wave of corporate earnings and a surprisingly weak July jobs report . The major averages notched a second straight week of gains, with the Dow Jones Industrial Average and S & P 500 both touching record highs. The blue-chip index closed at a…
Wall Street got back to its winning ways last week after navigating a hawkish Federal Reserve meeting, volatile swings in chip stocks, and a critical round of Big Tech earnings. The Dow Jones Industrial Average rose 1% for the week, snapping a three-week losing streak. The S & P 500 gained 1% last week, while…
The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Shell has agreed to purchase Canadian energy company, ARC Resources in a deal valued at $16.4 billion. Brandon Bell | Getty Images News | Getty Images British energy major Shell on Thursday reported stronger-than-expected second-quarter profit, benefitting from…
It was a tough week for stocks, as investors navigated everything from escalating tensions in the Middle East to key tech earnings reports to healthcare developments. Logging their second straight weekly losses, the S & P 500 slipped 0.6%, while the tech-heavy Nasdaq fell 2.1%. Here’s a closer look at what drove the trading action….
Oil tankers are increasingly coming under fire on several fronts as economic warfare is deployed as a weapon in the escalating conflicts in the Middle East and Europe. Iran has stepped up its attacks on tankers in and around the Strait of Hormuz this month as it tries to impose its control over the crucial…
Gas prices are rising again following a sharp escalation of the war in Iran. And as Americans look for ways to save money at the pump, many are turning to Costco’s gas stations for cheaper fuel. Demand for Costco’s gasoline reached record levels during the quarter ended May 10, though the company didn’t disclose sales…
U.S. President Donald Trump (R) meets with Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia (2nd-L) in the Oval Office of the White House on Nov. 18, 2025 in Washington, DC. Win McNamee | Getty Images The U.S. signed an agreement with Saudi Arabia on Wednesday to develop a civilian nuclear program…
Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Tesla reported earnings after the bell. Here’s how the company did, compared with estimates from analysts polled by LSEG: Here’s how the company did compared to Wall Street expectations, according to estimates from analysts polled by LSEG Earnings per share: 33 cents…
Commercial vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images News | Getty Images Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week, with shipowners increasingly avoiding one of the world’s most…
Markets are underestimating the impact of climate volatility across asset classes, commodity strategists warn, as extreme heat grips Europe and meteorologists flag the risk of a powerful El Niño this year. The World Meteorological Organization expects a “strong El Niño event” in the tropical Pacific between July and September this year. El Niño is a…
