Bloomberg
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Fed Keeps Door Open: Rate Hike As Likely As Rate Cut, Says Governor Waller
Waller said the oil shock could dissipate soon, but, he added, "I can no longer rule out rate hikes further down the road if inflation does not abate soon."
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Lionel Messi Joins Cristiano Ronaldo In Billionaire Football Ranks After US Deals
Lionel Messi has surpassed the $1 billion net worth mark, cementing his place among the world's wealthiest athletes alongside Cristiano Ronaldo.
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UAE Joins Saudis, Qatar In Urging Trump Not To Restart Iran War
Aabu Dhabi's stance indicates a shift for a country that bore the brunt of Iran's attacks and has been more hawkish than its neighbors toward Tehran.
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Capital Group Builds $2 Billion Adani Bet In Pivot From Reliance
Capital Group bought nearly a 2% stake in Adani Ports and Special Economic Zone Ltd. for 74.86 billion rupees ($776 million) through open-market transactions, according to BSE block-deal data.
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Trump Postpones Signing AI Security Order Over Parts He Disliked
Trump said that he wanted to be sure that it didn't take any steps that would reduce the US advantage over China in AI, though he didn't specify what changes he wanted to the order.
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Hormuz Closure Threatens Recession Rivaling 2008, Rapidan Energy Group Says
The advisory firm's base case assumes the waterway reopens in July, resulting in an average oil demand reduction of 2.6 million barrels a day and the spot-market price for benchmark Brent crude peaking near $130 a barrel over the summer.
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BofA Sees Foreign Exodus From Indian Stocks Extending Into 2027
BofA retained its forecast of about 8.5% earnings growth for NSE Nifty 50 Index companies in the financial year that ends in March 2027. The brokerage estimates earnings growth for the current fiscal year at around 7%.
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Dow Average Climbs To Record On US-Iran Deal Hopes: Markets Wrap
Stocks rose as hopes for a diplomatic resolution in Iran boosted markets and oil prices fell amid speculation of renewed energy flows through the Strait of Hormuz.
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Iran In Talks With Oman Over Permanent Toll System For Hormuz
Iran's unprecedented closure of the strait is the biggest consequence of the US-Israeli war on the Islamic Republic.
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Mukesh Ambani's $4 Billion Jio IPO Hits Roadblocks on Iran War Impact
Jio's listing, the first public offering by a major Reliance unit in nearly two decades, would be a landmark event for India's struggling capital markets.
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Citi Sees India IPOs Hitting Fresh Records Despite Challenges
A lot rests on a potential Indian record-breaking first-time share sale by Jio Platforms, which is proving increasingly challenging, as well as NSE's long-delayed listing.
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India Mulls All Options, Including Rate Hike, as Rupee Slumps
On Wednesday, the RBI announced a $5 billion swap auction to infuse liquidity in the banking system and also boost the RBI's dollar reserves in the immediate term.
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Anthropic to Pay SpaceX Nearly $45 Billion for Computing Deal
Anthropic earlier this month said it inked a deal to access more than 300 megawatts of computing capacity from a large SpaceX data center in Memphis known as Colossus 1, without disclosing the terms.
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Wall Street Highlights: S&P 500, Nasdaq, Treasuries Climb as Oil Falls on US-Iran Hopes
Despite the equity-market gains on Wednesday, it's worth noting that it was not the first time optimism took hold even without any visible signs of progress in negotiations between the US and Iran.
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Trump Set to Sign AI Cybersecurity Directive as Soon as Thursday
The directive is set to be signed about a month after Anthropic revealed that its breakthrough Mythos model was extraordinarily adept at finding network vulnerabilities and could pose a major cybersecurity risk.
