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Markets reverse, as U.S.-Iran ceasefire reopens critical oil strait
Global markets experienced heightened volatility ahead of a Tuesday 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz. President Donald Trump...
Zhipu AI Hikes GLM-5.1 Prices, Signaling Shift Toward AI Monetization
Zhipu AI raised the price of its new GLM-5.1 flagship model by 10%. The adjustment brings costs for specific use cases in line with overseas competitors like...
United Airlines Faces Projected Loss, Citing Spending Slump and Fuel
J.P. Morgan Chase analyst Jamie Baker sharply downgraded 2026 revenue and earnings forecasts for major U.S. carriers. The bank now projects a full-year loss of...
Moody's Cuts Outlook on $36 Billion Blue Owl Fund to Negative
Moody’s Ratings revised the outlook for Blue Owl Credit Income Corp (OCIC) to negative from stable. The fund manages $36 billion in assets. First-quarter...
NVIDIA's Strategy to Build a $10B AI Empire Through Acquisitions Analyzed
An April 8, 2026 report highlights NVIDIA using generative AI profits to fund acquisitions. The company leverages free cash flow to expand its influence....
ARK Invest Snaps Up 182,000 Robinhood Shares, Betting On Growth
Cathie Wood's ARK ETF disclosed daily trades for Tuesday, April 7th. The firm acquired 182,641 shares of Robinhood Markets Inc. (NASDAQ: HOOD). The total...
CoStar Group Falls 4%, Pressured by Activists and Rising Construction Costs
CoStar Group shares fell 4.12% to close at $39.48 on April 7, 2026. The stock underperformed the broader market, extending its year-to-date decline to...
OPEC output plunged 7.56 million bpd, driven by Middle East war
OPEC's crude oil production fell by 7.56 million barrels per day (bpd) in March. Total output reached 22 million bpd, according to a Bloomberg survey....
Trump halts Iran strikes for two-week ceasefire, reopening Strait of Hormuz
President Donald Trump announced a two-week ceasefire ninety minutes before a deadline for US airstrikes on Iranian infrastructure. The de-escalation follows a...
Silver Surges Past $76, Following US-Iran Ceasefire
Silver futures surged over 5% on Wednesday. Prices reached approximately $76 per ounce. The iShares Silver Trust (SLV) tracks this price movement. A two-week...
Anthropic Secures Gigawatts of Google TPU Power, Meeting Surge in AI Demand
Anthropic is expanding its infrastructure partnership with Google Cloud and Broadcom to secure multiple gigawatts of next-generation Tensor Processing Unit...
Perplexity ARR hits $450M, driven by new enterprise AI agent tool
Perplexity’s estimated annual recurring revenue (ARR) surged 50% to over $450 million in March. This one-month growth follows the February launch of Computer,...
Trump Announces US Support for Strait of Hormuz Traffic and Iran Reconstruction
President Trump announced the United States will provide assistance to manage maritime traffic congestion within the Strait of Hormuz. This strategic...
Adam Kobeissi Analyzes Market Outlook on CNN Amid Iran Conflict Developments
Adam Kobeissi appeared on CNN to provide a live market outlook following recent developments in the Iran war. The segment detailed how escalating geopolitical...
Bain Capital Unit Cuts Megaspeed, Citing US Nvidia Chip Smuggling Probe
Bain Capital’s Bridge Data Centres has severed ties with Singapore-based Megaspeed. The move follows a U.S. investigation into Megaspeed for allegedly helping...
Bill Gates to Testify Before Congress in June on Epstein Ties
Microsoft co-founder Bill Gates is scheduled to appear before the U.S. House Oversight Committee on June 10 for a transcribed interview regarding his...
SPDR Gold Shares Braces for Fed Minutes, Seeking Interest Rate Clarity
Investors are focusing on SPDR Gold Shares (GLD) ahead of the Federal Reserve's March meeting minutes release on April 8. These documents will offer critical...
Samsung Upgrades Galaxy XR for Enterprise, Guaranteeing 5-Year Support
Samsung Electronics updated its Galaxy XR software to integrate the Android Enterprise platform. This move brings enterprise-grade security and simplified...
Super Micro Probes Export-Control Case Involving Former Staff, Shares Choppy
Super Micro Computer Inc. (SMCI) launched an independent investigation following a March 2026 indictment of three former associates. The indictment alleges a...
Coinbase Secures Australian License, Adding Equity Trading and Retail Derivatives
Coinbase received an Australian Financial Services Licence (AFSL) from the Australian Securities and Investments Commission (ASIC) on April 8, 2026. The...