Oil prices increased due to escalating conflict in the Middle East, with Saudi-led coalition striking Houthi energy terminals in Yemen and ongoing tensions between the US and Iran over control of the Strait of Hormuz. Brent crude rose to $107.02 per barrel and WTI to $95.25. US Central Command dismissed Iran's claims of controlling the Strait and threats against US Navy ships. Hedge fund manager Paul Tudor Jones predicts oil prices could rally another $20-$25 amid the conflict, signaling potential further supply disruptions and market volatility.
The recent rise in oil prices amid Middle East tensions provides context for energy sector activity on Pluang. As of Oct 14, 2026 09:01 WIB, 52 of 62 priced Energy-sector US stocks rose while 9 fell. Notable movers include PBF Energy Inc. with a price of USD 90.97 and a 1-day change of +7.00%, Uranium Energy Corp at USD 8.30 down 6.00%, and Venture Global Inc. at USD 13.85 up 5.48%.
ZenaTech announced a 27.1% organic revenue growth in its Drone as a Service (DaaS) operations in 2026, driven by integrating AI and drones into surveying and inspection workflows. The company expects Q3 2026 revenues between C$13.4 million and C$14.8...
Nvidia CEO Jensen Huang has reaffirmed his long-standing forecast that global spending on AI infrastructure will surge to between $3 trillion and $4 trillion by 2030. This projection highlights the massive growth potential in the AI sector, driven by...
Targa Resources Corp. announced a quarterly cash dividend of $1.25 per common share for Q3 2026, payable on November 17, 2026, to shareholders of record as of October 30, 2026. The company will release its Q3 2026 financial results before market open...
ServiceNow remains a Strong Buy as its business fundamentals hold strong despite recent valuation increases driven by AI developments. The company launched Flow, a conversational AI-native service desk, aiming to expand into new markets and compete w...
China's producer price index rose 5% in September, the fastest increase in over four years, driven by higher fuel costs. This exceeded economists' expectations of 4.5% and followed a 3.8% rise in August. Consumer prices increased by 0.9%, slightly be...
