The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran’s closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world’s oil supplies are transported through the…
Chancellor Rachel Reeves will join talks amid reports that oil reserves could be released to lower prices.
Palantir was an outlier in a tough week for the stock market, as the provider of software and services to the U.S. government saw its stock rally 15% following the U.S. attack on Iran. The tech-heavy Nasdaq fell 1.2% for the week, pushed lower by names like Apple, Google and Micron, and other benchmarks tumbled…
Broadcom‘s stock surged nearly 5% on Thursday as CEO Hock Tan touted strong demand for the company’s chips amid the artificial intelligence boom. He told analysts on Wednesday that he anticipates AI chip revenue in 2027 that’s “significantly in excess of $100 billion” as demand mounts for designing custom silicon. That far surpassed many bullish…
Benchmark index plummets as much as 12.2 percent, eclipsing single-day plunge after 9/11 attacks in 2001. Listen to this article | 2 mins info Published On 4 Mar 20264 Mar 2026 Click here to share on social media share2 Share plus2googleAdd Al Jazeera on Googleinfo South Korea’s stock market has suffered one of the steepest falls in…
The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s…
A bounceback by tech stocks around the world helped drive equity markets higher on Wednesday, 24 February, and set the scene for Nvidia’s earnings report, while investors set aside their concerns around US tariffs – at least for now. File photo: People sit near an electronic board showing stock market index at the Indonesia Stock…
Shares of Roku jumped 8% on Friday after the video streaming company posted fourth-quarter results that trounced analysts’ expectations and offered strong guidance. Here’s how the company did based on analysts’ estimates compiled by LSEG: Earnings per share: 53 cents vs. 28 cents Revenue: $1.39 billion vs. $1.35 billion “The biggest driver of our subscriptions…
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Last week, Nigerian stocks posted their strongest weekly gain this year as positive market sentiments built on broadly impressive corporate results. Save for the insurance index, all the sector…
