Nvidia's Growth Hinges on Broader AI Adoption, Morgan Stanley Says
According to Morgan Stanley, Nvidia's next growth phase will be driven by a wider range of enterprise and sovereign AI clients, reducing its reliance on a few large cloud providers.
Latest by Marcus Chen
Ford and Canada's Unifor Union Reach Tentative Labor Agreement
Ford Motor Co. and Canadian union Unifor have reached a tentative three-year contract covering over 5,000 workers. The deal, which awaits member ratification, is expected to set the pattern for negotiations with GM and Stellantis.
European Gas Prices Ease as LNG Shipments Continue Through Strait of Hormuz
European natural gas prices fell on Friday after shipping data confirmed that liquefied natural gas tankers are still navigating the Strait of Hormuz, easing concerns about immediate supply disruptions from heightened Mideast tensions.
CBOT Wheat Futures Climb to Six-Week High Ahead of USDA Supply Report
Wheat prices on the Chicago Board of Trade reached their highest point in six weeks as traders adjusted positions in anticipation of a key U.S. Department of Agriculture report expected to show tighter domestic stockpiles.
Qatari Delegation in Iran for De-escalation Talks Amid Gulf Tensions
A Qatari delegation visited Tehran to bolster Doha's role as a mediator following a recent escalation of hostilities in the Gulf, according to Iranian state media and sources familiar with the talks.
UN Maritime Agency Urges Rejection of Iranian Control Over Strait of Hormuz
The International Maritime Organization's governing council has condemned Iran's creation of an authority to control traffic in the Strait of Hormuz, calling on member states not to recognize Tehran's sovereignty claims over the critical waterway.
Gold Futures Consolidate Below $4,150 as Bearish Chart Pattern Forms
Gold futures are trading in a tight range below the key resistance level of $4,150, with technical analysis pointing to a developing bearish pennant pattern that suggests a potential continuation of the recent downtrend.
Gold Prices Post Weekly Loss as Oil Surge Stokes Inflation, Fed Concerns
Gold is headed for a weekly decline as escalating U.S.-Iran tensions drive oil prices higher, fueling investor concerns that persistent inflation will keep Federal Reserve monetary policy restrictive.
Trump Declares Iran Ceasefire Over Amid Renewed Hostilities, Oil Prices Climb
Former President Donald Trump announced the end of a ceasefire with Iran, though he said talks would continue. The declaration follows a week of military exchanges that have pushed crude oil prices to their largest weekly gain in eight weeks.