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
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
The move eases geopolitical tensions in a key oil transit route, triggering a slight decline in the USD Index. US President Donald Trump stated that a naval blockade in the Strait of Hormuz will be lifted, allowing ships stranded in the region to begin returning home. The
The move eases geopolitical tensions in a key oil transit route, triggering a slight decline in the USD Index. US President Donald Trump stated that a naval blockade in the Strait of Hormuz will be lifted, allowing ships stranded in the region to begin returning home. The