Oil prices fell during Asian trading as concerns over supply disruptions eased with more than 11,000 seafarers cleared to transit the Strait of Hormuz, a key oil shipping route. Brent crude futures dropped to $76.38 a barrel, and U.S. West Texas Intermediate fell to $72.52. President Trump criticized oil companies for not lowering gasoline prices in line with crude price declines and ordered a Department of Justice probe into fuel pricing. Experts noted that gasoline prices are influenced by taxes and refining processes, which delay price changes. The reopening of the Strait of Hormuz is expected to ease supply chain pressures, but normalization may take time.
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
