OPEC+ agreed Sunday to resume oil production increases next month, accelerating output by 206,000 barrels a day in April despite a widening US–Iran conflict threatening key Gulf shipping lanes. The decision, announced in a statement, exceeds prior quarterly increments of 137,000 bpd and reflects urgency after US–Israeli strikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei
Nvidia (NASDAQ: NVDA) once again defied the laws of gravity this week, delivering a fourth-quarter earnings report that shattered Wall Street’s lofty expectations. For most sectors, a rising tide lifts all boats, but in the hyper-competitive semiconductor space, Nvidia’s dominance is increasingly acting as an anchor for its rivals. Despite reporting a massive “beat and
Eos Energy Enterprises (EOSE) saw its shares plummet today following a fourth-quarter earnings report that, on the surface, looked like a classic “miss.” Despite a staggering 700% year-over-year revenue surge, the company’s 2026 guidance came in softer than analysts expected, and net losses remained wide. For the faint of heart, the immediate double-digit drop is
Shares of Accenture climbed on Thursday after the consulting giant announced a multi-year partnership with French artificial-intelligence startup Mistral AI. The stock was up about 6% at $202.98 in midday trading. Under the agreement, Accenture will gain access to Mistral AI’s models for use across its consulting and technology services. Financial terms were not disclosed.
The Hang Seng Tech Index continued its strong downward trend this week as some key Chinese technology companies published weak financial results and as mainland Chinese investors continued selling Hong Kong shares. It tumbled to a low of H$5,100, its lowest level since June last year, and is down by over 23% from its highest
Paramount Skydance has prevailed in the high-stakes takeover battle for Warner Bros. Discovery after Netflix declined to match the David Ellison-led group’s improved offer, reshaping the competitive landscape of the global media and streaming industry. Warner’s board determined that Paramount’s $31-per-share all-cash proposal for the entire company was superior to Netflix’s earlier agreement to purchase
Duolingo stock price continued its strong downward trend on Thursday, reaching its lowest level since February 2023. DUOL has tumbled from $544 in May 2025 to the current $92. This retreat has brought its market capitalization from over $28 billion to the current $5.5 billion. So, what next for the stock? Duolingo stock price crashed
US stock index futures moved lower on Friday, capping a volatile month for equities as investors weighed uncertainty around artificial intelligence spending, shifting trade policy and incoming inflation data. The cautious tone left major benchmarks on track for mixed monthly performances, with technology shares again leading market weakness. Dow Jones futures fell 347 points or
The Chainlink (LINK) price has declined by 25% over the past month as bulls battle against downside pressure near $9. The declines across the market could see LINK fall to support at $8 or lower, particularly as cryptocurrency’s top coins falter. Despite this outlook, continued institutional validation as Chainlink cements its pivotal role in blockchain
OpenAI has announced a sweeping new investment of $110 billion, valuing the artificial intelligence company at $730 billion before the financing and marking one of the largest capital raises in corporate history. The funding includes commitments of $50 billion from Amazon, $30 billion from SoftBank and $30 billion from NVIDIA, OpenAI said on Friday. The