A fire broke out at Saudi Aramco's refinery in Jazan, Saudi Arabia, following a reported drone strike by Iran-backed Houthi rebels from Yemen. The Saudi Ministry of Energy confirmed the blaze was extinguished with no injuries, while the Houthis claimed the attack was a response to Saudi drone violations over Yemen. This incident occurs amid ongoing regional tensions, with Iran denying direct talks with the U.S. but exchanging messages through intermediaries about the Strait of Hormuz, a vital oil shipping route. Negotiations involving Iran, Oman, and the U.S. continue amid demands from Iran for sanctions relief and military withdrawals before reopening the strait, impacting global oil prices and shipping traffic.
Toast CEO Aman Narang sold 138,000 shares of the company, raising $4.9 million. This sale comes as Toast's stock price has fallen 24%, signaling potential concerns or profit-taking by insiders. The move may impact investor sentiment and raise questio...
Amazon's stock surged 14% following a better-than-expected earnings report, significantly increasing Jeff Bezos' net worth by $25 billion. The strong financial performance highlights Amazon's continued growth and market strength. Investors are now ev...
Zcash (ZEC) has broken a nine-year downtrend against Bitcoin (BTC), surpassing its 200-period moving average and ending a long phase of decline. This breakout suggests a fundamental shift in crypto market dynamics, with Zcash showing strength against...
Walmart shares are currently trading at around $111.74 with a 24/7 Wall St. price target of $131.04, suggesting a 17.27% upside over the next year. The company reported strong Q1 FY27 results, including 6.08% revenue growth, 26% global eCommerce grow...
In Q2 2026, Berkshire Hathaway's cash reserves fell 8% to $365.5 billion as new CEO Greg Abel increased spending, including $4.5 billion on share buybacks and a net $20 billion increase in equity investments, notably a $10 billion stake in Alphabet. ...
