Stocks rebounded on news that Iran is drafting a protocol with Oman to “monitor transit” through the crucial Strait of Hormuz.
Category: Business
-
AI server cluster maker Penguin Solutions takes flight
The maker of server rack systems for AI computing soared on Thursday.
-
Big batteries are the newest answer to Big Tech’s big energy needs
America’s booming energy demand is creating a powerful case for large-scale energy storage.
-
Solana drops to price not seen since February as Drift exploit rattles sentiment
The total value locked on solana has shrunk by nearly $1 billion since the incident.
-
Over 50 years since it last sent astronauts to the moon, the US is now reentering a very different space race
The successful launch of the Artemis II lunar flyby marked one small step for NASA, while China’s already making giant leaps in its own space program.
-
Momentum returns to optics stocks as the release valve for AI optimism
Potentially imminent end to the war? Buy optics stocks.
Maybe not? Buy optics stocks anyway. -
Space stocks rip during a topsy-turvy day for the equity market
The overall market is seeing a lot of volatility.
-
Optimism around bitcoin’s trajectory is fading following Trump’s address, as whales continue to offload
Bitcoin has been stuck in a narrow range for the past few weeks, seemingly incapable of breaking in either direction.
-
The S&P 500 just had its worst quarter in years. Here are the biggest winners and losers.
Sandisk and energy stocks soared while software names sank amid a broad sell-off in tech stocks.
-
Retail traders are “skipping the dips” to dash for cash and bet against tech stocks
The speculative fever that dominated markets for much of 2025 looks to have broken.
-
Tesla delivered 358,023 vehicles in Q1, short of expectations
Analysts polled by FactSet had expected 380,500 units, while Tesla last month released its own company-compiled Wall Street consensus estimate of 365,645 vehicles.
-
Globalstar surges after FT reports that Amazon is in talks to buy the satellite group
Globalstar is up 11% in premarket trading on Thursday on reports that Amazon (AMZN) is in talks to buy the satellite company, in a push to take on Elon Musk’s SpaceX. The two companies are currently negotiating…
