Oil prices surged more than 3% on Monday, pushing Brent crude above $90 a barrel, following the first exchange of strikes between the US and Iran in a month. The US targeted Iranian forces on Larak Island, accusing them of preparing to deploy sea mines in the strategic Strait of Hormuz, a vital route for global oil shipments. Iran retaliated with missile attacks on US forces in Jordan, mostly intercepted with minimal damage. This escalation threatens recent improvements in Persian Gulf oil exports, which had rebounded to about two-thirds of pre-war levels. The situation adds uncertainty to oil supply stability amid shrinking US reserves and ongoing Middle East tensions, potentially keeping prices volatile.
Sandisk and Kioxia announced plans to invest over $31 billion in their memory manufacturing facilities in Japan. This investment represents about 60% of what they have spent there over the past 25 years, signaling a major expansion in their productio...
CrowdStrike's shares jumped 4% following announcements at its Fal.Con 2026 conference, including launching the Falcon cybersecurity platform on Google Cloud and introducing Falcon IQ powered by NVIDIA AI agents. The company also expanded its Project ...
Nvidia reported a record semiconductor quarter with Data Center revenue up 117% year-over-year, yet its stock trades about 50% below some price targets. Despite strong earnings growth and a bullish analyst consensus, shares face pressure from margin ...
Tilray Brands (TLRY) is positioned for a potential short squeeze similar to its 2025 rally, supported by 15% short interest and positive technical momentum. The stock trades below tangible book value and has an enterprise value less than its net hard...
LayerZero announced that its Zero blockchain architecture can horizontally scale to five million transactions per second by using multiple parallel Atomicity Zones, each capable of 2 million TPS. This is enabled by separating transaction execution fr...
