iShares MSCI South Korea ETF gains 101% year-to-date as SK Hynix and Samsung lead AI-driven demand for memory chips. The iShares MSCI South Korea ETF (EWY) has climbed 101% year-to-date, outpacing the S&P 500 by fivefold, driven by surging demand for memory and semiconduct
Vistra Corp benefits from rising power demand Vistra Corp operates power generation assets within the ERCOT and PJM power markets, two of the largest U.S. electricity grids. The company's nuclear power agreement with Meta Platforms and the planned restart of its Perry
Scott Bessent outlines three scenarios for Iran standoff, stresses diplomatic preference but warns of alternative measures if talks fail. US Treasury Secretary Scott Bessent stated that any easing of the naval blockade on Iran would occur gradually, not all at once. He emp
Active oil rigs in the US increased by 4 this week, reaching 429, while gas rigs held steady at 125. The US oil and gas rig count climbed this week, driven by a 4-unit increase in oil rigs to 429, according to industry data. The total rig count now stands at 562, nearly un
Iran’s ratification of a US agreement advances, but Tehran insists on controlling Strait of Hormuz access without US-imposed fees or nuclear material destruction. Iran is in the final stages of ratifying an agreement with the US, though a definitive decision remains pendin
Iran’s ratification of a US agreement advances, but Tehran insists on controlling Strait of Hormuz access without US-imposed fees or nuclear material destruction. Iran is in the final stages of ratifying an agreement with the US, though a definitive decision remains pendin
The Euro rises 0.12% against the Dollar as Middle East tensions ease and a potential US-Iran agreement pressures crude prices. The EUR/USD pair climbed 0.12% to 1.1664 as the US Dollar Index (DXY) fell 0.17% to 98.81. Sentiment improved after reports of a pending US-Iran d
Regulatory divestitures from the Union Pacific-Norfolk Southern merger may create opportunities for Brookfield Infrastructure to acquire rail assets. The proposed merger of Union Pacific (UNP) and Norfolk Southern (NSC) is expected to trigger regulatory divestitures of reg
The Cayman-based fund disclosed a 1.4 million-share position in PENN, marking its first investment in the gaming operator. Palidye Holdings (Caymans) Ltd acquired 1.4 million shares of PENN Entertainment (NASDAQ:PENN) during the first quarter, establishing a $21.04 million
SentinelOne announced a restructuring plan cutting approximately 8% of its full-time workforce on Wednesday, as the cybersecurity company reported first-quarter revenue that fell short of expectations and issued guidance that disappointed investors. SentinelOne stock fell
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