Global Markets Rally as Oil Retreats After U.S. Pauses Iran Strikes
Major U.S. equity indexes rose more than one percent on Monday, reversing losses from the previous week as oil prices pu...
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DEVELOPMENTS
OpenAI and SpaceX Ramp Up In-House Chip Development, Cut Dependence on NVIDIA Hardware
Chip design inside OpenAI is closely tied to its software systems, since AI training involves massive data movement and constant communication between processors.
Unilever Explores Sale of Food Division to McCormick as Focus Turns to Personal Care
Unilever is shifting its focus to faster-growing areas, placing greater emphasis on personal care, beauty, and household...
Gold Holds Ground as Energy Prices Rise and Rate Cuts Look Less Likely
Spot gold traded at $4,993.42 per ounce early Monday, briefly touching its lowest level since February 19, while U.S. go...
Target Cuts Prices on Thousands of Items as New CEO Seeks to Win Back Shoppers
The company has reported multiple quarters of declining revenue and operating income while losing ground to competitors...
Oil Rallies as Iran Conflict Disrupts Gulf Shipping
The Strait of Hormuz plays a critical role in global energy trade, and its location magnifies the effect of any threat to normal operations.
Kroger Shares Rise After Former Walmart Executive Tapped to Lead Grocery Chain
After leaving Walmart, Greg took on the top role at Air New Zealand, where he led the airline through operational challe...
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