The International Energy Agency projects a 5 million barrel per day oil surplus in 2027 as supply growth outpaces demand. The International Energy Agency warned of a potential 5 million barrel per day oil surplus in 2027 if Middle East production and exports rebound follow
Nvidia (NVDA) stock is on the radar, and this trade strategy has income potential on the upside and a healthy profit zone on the downside. The strategy is called a broken wing butterfly We'll use puts in this case because the short strike will be below the stock pri
Congressional resolution urges against clemency for the 25-year sentenced ex-CEO amid FTX collapse fallout. A bipartisan group of US lawmakers introduced a resolution opposing a presidential pardon for Sam Bankman-Fried, convicted of fraud tied to FTX’s $8 billion collapse
The autonomous vehicle partnership will debut its first Swiss commercial robotaxi service via the Uber app, pending regulatory approval. WeRide and Uber will introduce a commercial robotaxi service in Greater Zurich later this year, accessible through the Uber app. The dep
Jabil Inc (NYSE:JBL) shares moved higher after the electronics manufacturing services company reported fiscal third quarter financial results that exceeded Wall Street estimates and raised its full-year guidance. For the quarter, the electronics and manufacturing services
Illinois becomes the first US state to impose a 0.2% tax on digital asset transactions starting January 1, 2027. Illinois Governor JD Pritzker signed legislation introducing a 0.2% tax on cryptocurrency transactions, effective January 1, 2027. The measure aims to generate
CRM stock falls 40% year-to-date as investors fear AI-driven erosion of subscription models despite strong fiscal Q1 results. Salesforce shares plunged to a 52-week low, down 40% year-to-date, despite reporting fiscal first-quarter revenue of $11.1 billion, a 13% year-over
Nvidia shares fall more than 10% from early May peak despite strong AI demand and market dominance in GPUs. Nvidia (NASDAQ: NVDA) has declined over 10% from its all-time high in early May, underperforming the S&P 500, which has risen nearly 9% year-to-date. The chipmaker’s
US pharma deal value surged to $65bn in Q1 2026, driven by patent expirations and pipeline diversification needs. US biopharma mergers and acquisitions reached $65bn in Q1 2026, the highest quarterly total since 2020. The surge was fueled by large-scale deals as companies
WWD stock climbs for a third consecutive week after raising fiscal 2026 profit and sales estimates. Woodward stock surged past a buy zone after breaking out of a cup base pattern, extending gains for a third straight week. The aerospace and industrial power systems company
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