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Iran says any location that supports US attacks are legitimate targets

According to the Iranian State Media, Iran's Top Joint Military Command said, “Tehran considers any location that supports United States (US) attacks on Iran as its legitimate target.” However, there ...

Penguin Solutions, Inc. (PENG) surpasses Q3 earnings and revenue estimates

Penguin Solutions, Inc. (PENG - Free Report) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.47 per share ...

Stock Futures Drop as U.S.-Iran Strikes Add to Fears Amid Chips Selloff

Stocks looked set to open lower on Wednesday after the U.S. and Iran exchanged strikes, driving up oil prices as investors worried that the fragile peace between Washington and Tehran could collapse. ...

WTI slips below $72.00 despite renewing supply concerns

West Texas Intermediate (WTI) oil price inches lower after paring daily gains, trading around $71.70 per barrel during the European hours on Wednesday.

United States Dollar Index holds in range amid ongoing hopes of a negotiated end to the war

The US Dollar Index (DXY) pulls back to levels a few pips shy of 101.00 during Wednesday’s European session, after being rejected at the 101.20 area earlier in the day, and has turned negative on dail ...

Europe markets slide on renewed Middle East tensions

1 Insurance Stock to Own for Decades and 2 We Find Risky

Insurance companies serve as the backbone of risk management, providing essential protection and financial security for individuals and businesses. Still, investors are uneasy as insurers face challen ...

Oil: Geopolitical risk lifts prices – ING

ING analysts Warren Patterson and Ewa Manthey note that Brent has jumped above $76/bbl as renewed tensions in the Persian Gulf and US strikes on Iran revive supply concerns.

China Lifts Fuel Export Curbs as Refiners Ramp Up Overseas Shipments

China has lifted restrictions on the exports of refined fuels, allowing state-owned refiners to resume shipments overseas this month, as well as one private refiner, Reuters reported today, citing unn ...

New Zealand Dollar: RBNZ hike seen as moderate tightening – MUFG

MUFG’s Derek Halpenny reports that the New Zealand Dollar strengthened after the RBNZ raised its policy rate by 25 bps to 2.50%, the first increase since May 2023. He notes OIS had largely priced the ...

Kura Sushi forecasts $330.5M-$331.5M FY2026 sales as it targets ~18.5% restaurant-level margins amid opening delays

US Dollar: Exposure stays elevated – BNY

BNY’s Geoff Yu notes that cross-border investors’ Dollar holdings remain close to multi-year highs, driven by strong United States (US) asset exposure with fewer FX hedges.