Oil prices settled in a narrow range on Wednesday, buoyed by the uncertainty that still surrounds U.S.–Iran negotiations. Market participants are on standby, looking for a clear direction while diplomatic talks continue to unfold. Brent crude futures nudged up 23 cents, or 0.3%, to $69.03 a barrel by 0100 GMT. U.S. West Texas Intermediate, the benchmark […]
In a recent parliamentary hearing in Seoul, the Science Minister announced that a leading U.S. AI company, a major South Korean IT services firm, and a top telecom operator are all lined up to begin constructing data centres in March. The U.S. startup has already planned joint ventures with Korean partners to build two facilities […]
On Wednesday, February 11, the market will turn its attention to a few high‑profile events that could set the tone for the coming weeks. First up is the delayed January jobs report, finally arriving after a brief pause caused by a government shutdown. Investors will be looking beyond the usual payroll figures and unemployment rate to […]
In a recent discussion about the future of software, a leading investment figure shared a clear view: while the rise of artificial intelligence is exciting, the traditional software companies that have dominated for decades are now facing a real repricing. The speaker—founder and president of a prominent investment firm—said he remains very bullish on AI, […]
On February 10, 2026, the U.S. Treasury Department issued a general license that permits U.S. firms to supply goods, technology, software, or services for the exploration, development, or production of oil and gas in Venezuela. The authorization marks a significant shift in U.S. policy toward the country’s energy sector. Under the license, companies can now […]
Montour County’s commission rejected a request from Talen Energy to rezone hundreds of acres for a new data center, underscoring how local opposition is increasingly stalling the United States’ push to expand server warehouses. Residents in nearby communities had voiced concerns that the project would drive up power bills and harm the environment, and the […]
In a recent statement on Capitol Hill, the head of the U.S. Federal Aviation Administration said he expects Canada to announce that it will certify several Gulfstream business jets that had been held up for years. The announcement would settle a dispute that had been brought into the spotlight by a former U.S. president. “I […]
In a recent development, a major health plan has reached a $30 million settlement with the U.S. Labor Department. The agreement follows investigations into how the company handled mental health and substance use disorder services for its members. The core of the dispute was the claim that the plan did not maintain adequate provider networks […]
At this year’s Semicon trade show, Samsung Electronics’ chip division confirmed that the appetite for memory chips is not only staying high for the rest of the year but is set to extend well into 2027. The company’s chief technology officer highlighted that artificial intelligence is a major driver behind this sustained demand. Song Jai‑hyuk, who […]
Earnings live: Lyft stock tanks on operating loss, Mattel stock crashes, Robinhood falls, Ford rises
The fourth‑quarter earnings season is more than halfway over, and the S&P 500 is showing a strong earnings outlook. As of February 6, 59% of the companies in the index have already reported their results, and analysts now see a 13% rise in earnings per share for the quarter. If that pace holds, it would mark the […]