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Oil prices fell on Tuesday as traders balanced hopes for fresh US-Iran diplomacy against concerns around Tehran’s attempt to shape how ships move through the Strait of Hormuz.
Brent crude slipped in the low-$70s, while US West Texas Intermediate traded around $70 a barrel.
Both benchmarks remain well below their conflict-era highs, after markets unwound much of th...
US stocks ended sharply higher on Monday, with the Dow Jones Industrial Average closing above the 52,000 mark for the first time as easing geopolitical tensions and a rebound in technology shares fueled a broad market rally.
The Dow gained about 306 points, or 0.59%, to finish above 52,000.
The S&P 500 advanced 1.17%, while the Nasdaq Composite climbed 2.07%....
Shares of Super Micro Computer Inc. SMCI fell sharply on Monday after Taiwanese authorities reportedly raided the company's offices.
The raids were part of an expanding investigation into the alleged smuggling of Nvidia artificial intelligence chips into China through Super Micro servers.
The stock dropped more than 9% during afternoon trading before recovering so...
Analysts turned increasingly bullish on Quantinuum on Monday after the company's post-initial public offering (IPO) quiet period expired.
Several brokerages initiated coverage, highlighting the quantum computing company's long-term growth potential.
The quiet period had prevented IPO underwriters from publishing research reports, ratings, or valuation targets on ...
Shares of Palantir Technologies (PLTR) rose on Monday as investors welcomed a new artificial intelligence partnership with Nvidia (NVDA), extending the stock's recovery after it snapped a seven-day losing streak last week.
Palantir stock advanced more than 3% to $116.45 after gaining 5.3% on Friday.
The rebound follows a difficult month for the software company, ...