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Iran war rages as oil and stock markets grapple with conflicting messages from Trump and Tehran
  • World News

Iran war rages as oil and stock markets grapple with conflicting messages from Trump and Tehran

eriinfo.com5 months ago03 mins

A missile slammed into a street in central Tel Aviv as Iran kept up its barrages targeting Israel and Gulf Arab states on Tuesday, hours after President Trump said the U.S. was in talks with Tehran to end the war. Iran dismissed the claim of ongoing negotiations as “fakenews is used to manipulate the financial…

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Africa: Oil Price Surge Is Hurting African Economies – Scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa Take Stock
  • Africa

Africa: Oil Price Surge Is Hurting African Economies – Scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa Take Stock

eriinfo.com6 months ago03 mins

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…

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G7 nations to hold emergency meeting on oil as stock markets sink
  • World News

G7 nations to hold emergency meeting on oil as stock markets sink

eriinfo.com6 months ago01 mins

Chancellor Rachel Reeves will join talks amid reports that oil reserves could be released to lower prices.

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Palantir stock jumps 15% in week on Iran war boosts, Anthropic muted
  • World News

Palantir stock jumps 15% in week on Iran war boosts, Anthropic muted

eriinfo.com6 months ago06 mins

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…

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Broadcom stock rallies, makes strong case for why AI growth will last
  • World News

Broadcom stock rallies, makes strong case for why AI growth will last

eriinfo.com6 months ago04 mins

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…

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South Korea’s stock market in meltdown amid US-Iran war | Financial Markets News
  • World News

South Korea’s stock market in meltdown amid US-Iran war | Financial Markets News

eriinfo.com6 months ago03 mins

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…

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Oil prices surge, stock futures slide after U.S. strikes Iran
  • World News

Oil prices surge, stock futures slide after U.S. strikes Iran

eriinfo.com6 months ago04 mins

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…

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Tech stock rally set for a test as Nvidia results due
  • Tech

Tech stock rally set for a test as Nvidia results due

eriinfo.com6 months ago08 mins

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…

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Roku stock surges on earnings beat, record premium subscriptions
  • World News

Roku stock surges on earnings beat, record premium subscriptions

eriinfo.com7 months ago04 mins

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…

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Asia stock markets track losses on Wall Street as AI fears hit sentiment
  • World News

Asia stock markets track losses on Wall Street as AI fears hit sentiment

eriinfo.com7 months ago03 mins

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…

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