Oil Futures Extend Gains As WTI Contract Smashes $100 Ceiling Again
Oil futures extended gains on Tuesday hitting their highest levels since May, as geopolitical tensions showed no signs of easing.
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America’s Navy Needs A Big New Ship Recycling Center…In California
America faces a ship recycling crisis, with dozens of Navy ships set for retirement and scrapping in the next 5 years. A ship recycling center in California may help.
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Judge Dismisses Sexual Abuse Lawsuit Against Sam Altman Brought By His Sister
A judge found Annie Altman refused to undergo an independent medical evaluation.
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The Human In The Loop Is Where AI Agents Park The Liability
AI vendors have answers for preventing agent mistakes. Who pays when one gets through is now being settled in Washington, Denver and Brussels.
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US Stocks: GE Aerospace raises 2026 profit forecast as services strength drives growth
GE Aerospace has increased its 2026 adjusted earnings forecast due to continued demand for engine maintenance. The demand for spare parts remains high, which supports their financial outlook. Airlines are facing rising fuel costs due to disruptions in oil supply and are adjusting their capacity accordingly. Despite potential pressures on flight schedules, GE Aerospace’s revenue…
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US Stocks: GM’s core profit rises 22% on strength of pickup-truck business
General Motors exceeded analyst expectations in third-quarter earnings, driven by robust demand for their pickups and SUVs. The company reported an adjusted EBIT of $4.1 billion, marking a 22% year-over-year increase. Despite facing inflationary challenges, GM forecasts an adjusted EBIT of $14.5 billion to $15.5 billion by 2026. Additionally, a $20 billion stock buyback program…
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US stocks today: US stocks gain as healthcare stocks hit record high, oil prices fall
Wall Street’s main indexes saw increases driven by a rally in healthcare stocks that reached record highs. Easing oil prices contributed to a recovery from the previous week’s technology led selloff. Major companies like General Motors and Steel Dynamics reported disappointing earnings forecasts, while 3M and Equifax exceeded expectations. Investors are closely monitoring upcoming corporate…
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OYO-parent PRISM to nearly halve IPO fresh issue size to up to Rs 3,350 cr: Sources
PRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced balance sheet. The majority of the newly structured funds will focus on repaying or prepaying debts. Moody’s Ratings has adjusted PRISM’s outlook to positive, anticipating growth in EBITDA.…
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Silvercorp slides as Q2 revenue fell on lower Ying production following safety-related disruption
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Bitcoin volatility is now quieter than roughly 20% of the S&P 500