Oil prices fell more than 5% to around 80 dollars per barrel on Monday after President Trump said negotiations with Iran would resume following his decision to cancel a planned military strike against the country. The decline retraces a meaningful portion of July's rally, …
OPEC+ approved an oil production quota increase of approximately 188,000 barrels per day effective September, a move that completes the unwinding of a 1.65 million barrel per day voluntarySupplycut originally agreed in 2023. The increase was approved by the group's core members, Saudi Arabia, …
President Trump said aboard Air Force One that negotiations with Iran would begin Monday afternoon, marking a reversal after he described plans over the weekend for a military operation he called the largest since World War II. Trump said he called off the planned …
President Trump said at a Cabinet meeting that the United States has not agreed to grant Ukraine a license to produce Patriot missile systems domestically, marking an apparent retreat from comments he made weeks earlier. At the NATO Summit, Trump had told Zelenskyy directly …
Commercial shipping routes that once carried an assumption of relative safety have become active fronts in ongoing conflicts, with drone and missile attacks disrupting vessel traffic across multiple strategic waterways simultaneously. The Strait of Hormuz, Red Sea, Black Sea and Sea of Azov have …
Pricing data released for June showed underlying inflation trending closer to the Federal Reserve's target, according to trimmed mean measures that exclude the largest outliers in both price increases and decreases. The Dallas Fed's version of the measure showed a one-month annualized rate of …
Situational Awareness, a hedge fund founded by Leopold Aschenbrenner and focused on artificial intelligence and semiconductor investments, saw its assets under management fall sharply this month after a decline in chip stocks triggered margin calls on its leveraged positions. The fund had reached a …
MKS Inc. (Nasdaq: MKSI), a semiconductor equipment and materials supplier, fell about 28% for the month, declining in lockstep with other toolmakers including KLA Corporation, Lam Research, and Applied Materials.
Coherent Corp. (NYSE: COHR), a photonics, lasers, and optics supplier with AI data-center and communications exposure, sold off nearly 28% for the month alongside optical and semiconductor-related peers.
Nebius Group N.V. (Nasdaq: NBIS), an AI cloud and GPU infrastructure provider, declined amid de-risking of high-multiple "neocloud" and AI-infrastructure names, falling just over 20% for the month.