WTI crude oil prices fell below $92 amid a stable US-Iran ceasefire that has lasted over seven weeks, easing geopolitical fears and normalizing tanker traffic through the Strait of Hormuz. Brent crude retreated to $95.79, showing neutral to bearish momentum, while natural gas futures rose to $2.885, supported by strong demand and bullish technical signals. The ceasefire has reduced the risk premium in oil markets, but supply remains cautious due to ongoing regional repairs and restrained demand in emerging markets. Traders are watching upcoming US inventory data and OPEC+ decisions for further direction, with market volatility still possible if the ceasefire falters.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
Gooch & Housego, a UK-listed photonics company specializing in precision optics for aerospace and defence, has agreed to a £345.6 million takeover by US private equity firm Arlington Capital Partners. The offer values the company at a 41.3% premium t...
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Analysts expect Netflix to report $12.6 billion in revenue for Q2 and $51.3 billion for the full year 2026. The operating margin forecast has been revised down from 33% to 32% due to anticipated higher expenses, with an expected operating profit of $...
