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Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain
CALGARY, June 19 (Reuters) - Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge.Brent crude futures LCOc1 settled up $2.15, or 2.8%, to $78.85 a barrel, its highest close since...
Reuters
Fri, Jun 20
Iran strikes Israeli hospital; Trump to decide on US role in conflict within 'two weeks'
TEL AVIV/DUBAI/WASHINGTON, June 19 (Reuters) - Israel bombed nuclear targets in Iran on Thursday and Iran fired missiles and drones at Israel after hitting an Israeli hospital overnight, as a week-old air war escalated with no sign yet of an exit strategy from either side.Reuters
Fri, Jun 20
India says it has yet to decide where to analyse crashed plane's recorders
By Hritam Mukherjee June 19 (Reuters) - India has yet to decide where the black box recorders from last week's fatal crash of an Air India plane will be analysed, the government said on Thursday.Earlier, Indian newspaper The Economic Times reported that India planned to send the recorders to ...Reuters
Thu, Jun 19
Breaking: GPT-5 Set to Launch This Summer; Potential Revenue Model Enhancements Could Include Advertising
TradingKey - On Wednesday, OpenAI CEO Sam Altman made a significant announcement in the company's inaugural podcast: GPT-5 is expected to debut this summer, potentially marking the most important AI version to date.TradingKey
Thu, Jun 19
Swiss National Bank cuts rates to zero, will not rule out going negative
SNB cuts rates with inflation negative and franc strongSNB anticipates weaker global growth, rising US inflationAnalysts suggest SNB may pause rate cuts unless economy worsensBy John Revill ZURICH, June 19 (Reuters) - The Swiss National Bank cut its interest rate to zero on Thursday and did not r...Reuters
Thu, Jun 19
Fed's Internal Divisions Deepen? Powell Exercises Caution Amid Uncertainty
TradingKey - On Wednesday, June 18th, the Federal Reserve opted to hold rates steady, marking the fourth consecutive pause in its rate-cutting cycle. The benchmark federal funds rate remains in the range of 4.25% to 4.5%. However, the release of the latest dot plot indicates growing divisions withinTradingKey
Thu, Jun 19
Is Intel’s Counterattack Beginning with Chen Liwu's Bold Restructuring?
TradingKey – To accelerate strategic restructuring and business transformation, Intel recently announced a series of executive appointments, forming an "A-team" for AI chip development, which the market interprets as an attempt to build a "semiconductor Avengers" team.
TradingKey
Thu, Jun 19
China's 618 shopping fest sets record, but daily spending slips
Budget-conscious buyers not enticed by longer 618 eventRetail sales growth in May driven by early 618 startSubsidy suspension may impact June retail sales, analysts sayBy Sophie Yu and Casey Hall BEIJING, June 19 (Reuters) - China's largest mid-year shopping festival, 618, ended on Wednesday ...Reuters
Thu, Jun 19
Labubu 3.0 Resale Prices Halved; Pop Mart Stock Plunges
TradingKey - On the evening of June 18, the Labubu 3.0 series from Pop Mart launched global online pre-sales, with a total replenishment across all channels reaching between 4 million and 5 million units. The surge in market supply has weakened scalpers' ability to control prices.TradingKey
Thu, Jun 19
Eutelsat shares surge on deal with French armed forces
June 19 (Reuters) - Shares in French satellite operator Eutelsat ETL.PA shot 10% higher on Thursday after it said it had signed a 10-year deal with the French government to provide connectivity for the country's armed forces.Under the 1 billion euro ($1.15 billion) agreement, the French military...Reuters
Thu, Jun 19
Microsoft Stock Soars to Record High on AI Bet; 6,000 Job Cuts Planned to Offset Costs
TradingKey - On June 18, Eastern Time, Microsoft (MSFT) saw its stock price rise by 0.5% to $480.24, reaching a historic high. As of that day, the company's cumulative growth for 2025 has reached 14%, making it one of the standout tech stocks among the "Magnificent Seven" in U.S. markets.TradingKey
Thu, Jun 19
