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US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.75 million barrels in the week ending May 29. In the week prior, US crude oil inventories fel ...

Indonesian Rupiah: Forecasts cut on tougher backdrop – OCBC

OCBC's strategists Sim Moh Siong and Christopher Wong lower their Indonesian Rupiah (IDR) forecasts despite Bank Indonesia’s (BI) larger-than-expected 50 bp hike, arguing that renewed domestic policy ...

United States API Weekly Crude Oil Stock below forecasts (-3.6M) in May 29: Actual (-6.75M)

United States API Weekly Crude Oil Stock below forecasts (-3.6M) in May 29: Actual (-6.75M)

SpaceX Halo, Virgin Galactic Reality: Behind a 39% Stock Crash.

Space stocks have been all the rage ahead of SpaceX’s massive initial public offering. Virgin Galactic however, just lost some major altitude. Shares of the space tourism pioneer dived 39% in Tuesd ...

Tesla’s IPO Was One of the Greatest Ever. Why SpaceX Can’t Hope to Repeat Its Success.

Tesla stock bounced on Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. Don’t expect SpaceX to follow the same trajectory even as Musk tries to j ...

Beyond the ‘brazen theft’ of news: The entire $12 trillion creative economy may now be at risk from AI

AI firms heavily use news and other creative content to provide answers — but New York Times Publisher A.G. Sulzberger says their resistance to pay for it amounts to a repackaging of “stolen goods.”

How Low Can Home Depot Stock Go?

To accurately assess risk, investors must look at how an asset behaves when the system breaks. In the 15 major market dislocations since it began trading, Home Depot (NYSE: HD) has averaged a -17% con ...

Gold: Bearish pattern caps tight consolidation – Scotiabank

Scotiabank's strategists Shaun Osborne and Eric Theoret describe Gold trading in a tight consolidation around $4500/oz, forming the lower bound of a descending triangle pattern.

Gold holds near $4,500 as US-Iran talks halt, US Dollar recovers

Gold (XAU/USD) advances a modest 0.16% on Tuesday as risk appetite improves after Israel and Hezbollah halted hostilities due to the intervention of US President Donald Trump. The XAU/USD pair trades ...

Trump signs watered-down AI vetting order after Maga infighting

President’s executive order will allow the US government to gain early access to cutting-edge models

Netflix set to continue seven straight sessions of losses

Alphabet Convertibles Could Yield 6%, But Will Offer No Downside Protection

Alphabet will appeal to yield-oriented investors with the $15 billion of mandatory convertible preferred stock that it plans to sell as part of its plan to raise $80 billion of equity to fund its hug ...