Oil Tumbles as Iran Reportedly Offers to Reopen Strait of Hormuz Within Seven Days
Oil prices tumbled as Iran reportedly offered to reopen the Strait of Hormuz within seven days if the U.S. eases military pressure.
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Oil prices tumbled as Iran reportedly offered to reopen the Strait of Hormuz within seven days if the U.S. eases military pressure.
Michael Burry said he bought shares of Ero Copper and QXO, adding new exposure to copper, gold and North American building materials.
AMD reached a $1 trillion market capitalization for the first time as investor demand for AI and semiconductor stocks continues to drive valuations higher.
ByteDance founder Zhang Yiming has become Asia's richest person as his estimated fortune climbs to $105.5 billion.
Bitcoin has overtaken Tesla by market capitalization, reaching roughly $1.63 trillion as BTC climbed above $81,000.
Warren Buffett has stepped down as Berkshire Hathaway chairman, with Howard Buffett succeeding him while Greg Abel remains CEO.
The Turkish lira has hit a record low against the dollar on 219 of the past 260 trading days as its prolonged depreciation continues.
On named Kylian Mbappé a global ambassador and product-development partner as it enters football, with Thierry Henry leading the new effort.
Michael Burry says AI safety warnings from OpenAI and Anthropic are exaggerated hype that helps sustain excitement as growth slows ahead of potential IPOs.
Oracle employees reportedly lost system, Slack and office access before receiving early-morning layoff emails as the company begins another round of job cuts.
U.S. stocks lost roughly $490 billion in 25 minutes after the Fed raised rates by 25 basis points and signaled continued concern about elevated inflation.
Anthropic could raise up to $100 billion in a record IPO at a potential $2 trillion valuation as the AI developer expects a second consecutive profitable quarter.