Oil prices fell on Friday but Brent crude futures remained above $100 a barrel, ending a multi-day winning streak. Brent crude dropped 3.58% to $103.78, while U.S. WTI crude fell 2.17% to $99.23. The market is reacting to escalating conflict in the Middle East, including concerns over Red Sea shipping and Saudi oil output dropping to its lowest since 1990. Analysts suggest the supply deficit may be temporary as renewable energy adoption grows, but prices could stay high until at least 2026 if tensions persist.
Kroger reported a 5% increase in adjusted earnings per share to $1.09 for Q2 2026, driven by cost savings and profitable eCommerce growth. Despite a slight 0.2% rise in identical sales excluding fuel, the company lowered its full-year sales guidance ...
A crowdsourced challenge involving over 100 researchers and AI agents reduced the quantum computing cost of a key step in attacking Bitcoin and Ethereum by 86% in two months, achieving a score well below Google's previous benchmark. The optimized poi...
Lazard, Inc. reported preliminary assets under management (AUM) of approximately $290.3 billion as of August 31, 2026. This figure reflects market appreciation of $3.7 billion, net outflows of $1.8 billion, and foreign exchange gains of $1.5 billion ...
JP Morgan initiated coverage of IWG PLC, the world's largest flexible workspace provider, with an overweight rating and a price target of 260p by December 2027, implying a 46% upside. The bank highlights the rapid growth of flexible office space leas...
Amazon is rated Buy as its growth and valuation increasingly depend on AI-driven AWS and data center investments. AWS is expected to generate over 70% of Amazon's EBITDA by 2030, but long-term returns rely heavily on monetizing AI-as-a-service. Key r...
