Canadian Dollar struggles as US-Iran negotiation optimism pressures Oil prices USD/CAD trims part of its intraday gains on Thursday as traders react to fresh geopolitical headlines surrounding ongoing US-Iran negotiations. At the time of writing, the pair is trading around
In brief - Reps. Nick Begich (R-AK) and Jared Golden (D-ME) introduced the American Reserve Modernization Act. - The bill seeks formally codify a strategic Bitcoin reserve into federal law, which would be managed for at least 20 years. - Aimed at cementing a core Trump adm
In brief - Trump said he postponed an AI executive order signing because parts of the draft could have slowed U.S. AI development. - The proposal would have created a voluntary framework for AI companies to share frontier models with the government before public release. -
Earnings Call Insights: Star Bulk Carriers (SBLK) Q1 2026 Management view - âThe first quarter was characterized by solid profitability, disciplined capital allocation and continued balance sheet strength.â (Co-Chief Financial Officer Christos Begleris) - âOur Board of Directors...</stron
Abu Dhabi National Oil Company warns persistent geopolitical risks could curb Persian Gulf oil flows for three more years. Abu Dhabi National Oil Company CEO Sultan Ahmed Al Jaber stated that oil disruptions in the Persian Gulf could persist until at least mid-2027. The wa
May composite PMI data signals a weak second quarter for the Euro area economy amid declining manufacturing and services sentiment. The Euro area composite Purchasing Managers' Index dropped further into contraction territory in May, indicating a struggling economy heading
Walmart and Nvidia earnings fail to meet Wall Street expectations, dragging major indices lower amid rising oil prices. Major US stock indices traded lower at midday Thursday following lackluster earnings from retail giant Walmart and AI leader Nvidia. Both companies, cons
SanDisk, Western Digital, and Micron shares rally after reporting robust Q3 results and AI-driven demand for memory products. SanDisk (SNDK) jumped 9% in midday trading after posting Q3 revenue of $5.95 billion, a 251% year-over-year increase, with gross margins hitting 78
The Ethereum-based fantasy trading card game will shut down next month after distributing over $23 million to players and influencers. Fantasy Top, an Ethereum-based fantasy sports game using NFT trading cards of crypto influencers, will close at the end of June. The game
What Happens to a $900,000 401(k) When the Owner Dies and the Beneficiary Falls Under the New 10 Year Rule Quick Read - Inherited $900,000 401(k) generates $1.6M taxable income over 10 years; 41% combined marginal rate yields $375K-$450K tax bill. - Build year-by-year... s
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