Oil Surges 5% as Iran Claims Control of Strait of Hormuz Amid Reports of Missile Strike
Key Takeaways Crude oil prices surged over 5% to reach an intra-day peak following reports that Iran’s IRGC has unilaterally […]
Stock Market Today: Energy and AI Sectors Gain as Major Indexes Retreat Amid Rising Oil Prices
Market Overview: A Cautious Start to May As the trading session unfolds on Monday, May 4th, 2026, the U.S. stock
European Manufacturing Beats Expectations as AirAsia Eyes Major Airbus Order
Key Takeaways European manufacturing activity outperformed expectations in April, led by a significant surge in Spain (51.7) and steady growth
Turkey Inflation Surges as Dubai Aviation Recovers; Villeroy Warns of Oil Shocks
Key Takeaways Turkey's annual inflation (CPI) climbed to 32.37% in April, surpassing market estimates of 31.25%, while manufacturing activity contracted
UAE Exits OPEC Amid Escalating Strait of Hormuz Crisis; Global Markets Braced for Supply Disruptions
Key Takeaways The UAE has officially exited OPEC and OPEC+, with ADNOC CEO Sultan Al Jaber stating the move allows
Bitcoin Surges Past $80,000 as Taiwan Stocks Hit Record Highs; Anthropic and Wall Street Giants Launch $1.5B AI Venture
Key Takeaways Bitcoin (BTC) surged past $80,000 for the first time in three months, driven by strong institutional demand and
GameStop Bids $56B for eBay as Hormuz Tanker Attack Spikes Oil Fears; Anthropic Eyes Wall Street JV
Key Takeaways GameStop (GME) has launched a massive $56 billion unsolicited bid to acquire eBay (EBAY) at $125 per share,
GameStop Proposes $55.5 Billion eBay Acquisition; Fed Warns of Rate Hikes Amid Global Energy Crisis
Key Takeaways GameStop (GME) has launched a massive $55.5 billion bid to acquire eBay (EBAY) at $125.00 per share, aiming
US Military Mobilizes for “Project Freedom” in Strait of Hormuz; OPEC+ Adjusts Output Amid Regional Tensions
Key Takeaways The US is deploying 15,000 service members, 100+ aircraft, and guided-missile destroyers to the Strait of Hormuz starting
Trump Announces “Project Freedom” to Reopen Strait of Hormuz; Oil Prices Tumble
Key Takeaways Oil prices fell more than 2% at Monday's open following the announcement of a U.S.-led initiative to escort