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Sun, May 10, 2026 03:56 AM All times are UTC

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Oil Shock on the Gulf: Hormuz Blockade Keeps Brent Above $100 as GCC Supply Gaps Widen

Apr 22, 2026 17:27 pm UTC| Insights & Views

Amid the US-Iran conflict and a disruptive Strait of Hormuz blockade, Brent crude has soared over $100 per barrel. The Strait manages between 65% and 80% of GCC crude. The blockade has caused a quick increase in storage...

UK Inflation Surge: Fuel Costs Push CPI to 3.3% as Iran Conflict Hits Pumps

Apr 22, 2026 07:02 am UTC| Insights & Views

In March 2026, UK consumer price inflation increased to 3.3% year-on-year, up from 3.0% in February and considerably more than the 0.3% rate reported one year earlier. Almost all of the 0.6% monthly increase was caused by...

Indefinite Truce in the Gulf: Trump Extends Cease-fire Amid Hormuz Standoff

Apr 22, 2026 06:49 am UTC| Insights & Views

President Donald Trump declared on April 21, 2026, an indefinite extension of the cease-fire between the United States and Iran, thus effectively stopping the two-week truce from running out. Acting as a mediator, Pakistan...

Balancing Act: UK Labor Market Cools as Wage Resilience Challenges Rate Cut Timelines

Apr 21, 2026 07:49 am UTC| Insights & Views

Released on April 21, 2026, the most recent UK labor market statistics exposes a complicated picture of falling demand and ongoing wage inflation. The Claimant Count Change for March increased by about 24,000, bringing the...

Whale Activity and Meme Fever: The Altcoins Driving the April 2026 Breakout

Apr 20, 2026 12:18 pm UTC| Digital Currency Insights & Views

The third week of April 2026 has started with explosive volatility and major capital movements throughout the altcoin market. High-momentum assets like Wojak (WOJAK), which shot up more than 200% in one day as a result of...

Institutional Surge: Crypto ETFs Hit Record Inflows as Altcoins Rally

Apr 20, 2026 08:23 am UTC| Digital Currency Insights & Views

With crypto ETFs recording their biggest weekly intake since January 2026, the cryptocurrency market has witnessed a notable comeback in institutional interest. This huge flow of funds occurs during a general market...

J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook

Apr 20, 2026 06:34 am UTC| Insights & Views Business

J.P. Morgan has downgraded Swedish hygiene company Essity AB to underweight from neutral, citing mounting cost pressures that are expected to impact profitability over the coming years. The investment bank also reduced its...

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Economy

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations

The U.S. dollar weakened on Friday after stronger-than-expected April jobs data reduced speculation about potential Federal Reserve interest rate cuts. Investor sentiment also improved after President Donald Trump stated...

European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears

European stock markets closed lower on Friday as renewed military tensions between the United States and Iran rattled investor confidence and intensified concerns about global energy supplies. The escalating conflict...

Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand

Gold prices climbed on Friday and were set for a strong weekly gain as the U.S. dollar weakened following the latest U.S. jobs report. Investors also turned to safe-haven assets amid ongoing tensions in the Middle East and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Ceasefire Uncertainty

Global oil prices climbed Friday as escalating tensions in the Strait of Hormuz continued to disrupt energy markets, despite U.S. President Donald Trump insisting that the ceasefire between Washington and Tehran remains...

Politics

Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies

President Donald Trump has reportedly approved a plan to remove U.S. Food and Drug Administration (FDA) Commissioner Marty Makary, according to sources familiar with discussions inside the White House. While officials say...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

US Revises UN Resolution on Iran Strait of Hormuz Attacks Amid Russia-China Opposition

The United States has revised its proposed United Nations Security Council resolution calling on Iran to stop attacks and mining activities in the Strait of Hormuz, but diplomats say the changes are unlikely to prevent...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

U.S., South Korea Launch Shipbuilding Partnership Initiative

The United States Department of Commerce and South Koreas Ministry of Trade, Industry and Energy (MOTIE) have signed a new Memorandum of Understanding (MOU) to strengthen bilateral cooperation in the global shipbuilding...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...

Trump Invites Top CEOs Including Nvidia, Apple, Boeing to China Summit With Xi Jinping

The Trump administration has reportedly invited executives from some of Americas largest corporations to join President Donald Trump on his upcoming trip to China next week, according to a Semafor report. The visit is...

CoreWeave Q1 2026 Revenue Surges as AI Infrastructure Demand Grows

CoreWeave reported mixed first-quarter 2026 earnings on Thursday, posting massive revenue growth driven by rising demand for artificial intelligence infrastructure, while widening losses reflected aggressive expansion...