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Stocks
Oracle Stock Pops as Company Shows It Is Catching Up in the Cloud Race. Here's What That Means for Investors
When it comes to cloud computing, Oracle (NYSE: ORCL) has long been an afterthought to the big three players in the space: Amazon's AWS, Microsoft's Azure, and Alphabet's Google Cloud.
The Motley Fool
Tue, Jun 17
Commodities
World oil demand to keep growing this decade despite 2027 China peak, IEA says
IEA forecasts oil demand peak at 105.6 million bpd by 2029China's oil demand to peak in 2027 due to EV growthUS oil demand boosted by lower gasoline prices, slower EV adoptionBy Alex Lawler LONDON, June 17 (Reuters) - Global oil demand will keep growing until around the end of this decade des...Reuters
Tue, Jun 17
Forex
EUR/JPY edges lower to near 167.00 following BoJ Governor Ueda’s speech
EUR/JPY halts its winning streak that began on June 5, trading around 167.20 during the early European hours on Tuesday. Earlier in the Asian session, the pair reached 167.59, the highest level since July 2024.
Fxstreet
Tue, Jun 17
Other
UK's Ashtead predicts flat to 4% annual rental revenue growth
Mega projects offset weakness in U.S. construction, Ashtead saysFY adjusted PBT $2.13 billion vs consensus of $2.10 billionForecasts flat to 4% rental revenue growth for fiscal 2026 June 17 (Reuters) - British construction equipment rental company Ashtead AHT.L on Tuesday forecast annual rental r...Reuters
Tue, Jun 17
Commodities
METALS-London metals ease as dollar firms, Middle East tensions escalate
By Brijesh Patel June 17 (Reuters) - Prices of most base metals in London slipped on Tuesday as a stronger U.S. dollar and escalating tensions between Israel and Iran dampened investor appetite.Three-month copper on the London Metal Exchange CMCU3 was down 0.1% to $9,697 per metric ton, as of 073...Reuters
Tue, Jun 17
Stocks
India's Nuvama Wealth jumps after report Warburg Pincus mulls majority stake buy
** Shares of Nuvama Wealth Management NUVA.NS jump 3.5% to 7309 rupees ** Stock rises after TV channel ET Now reports, citing sources, that private equity firm Warburg Pincus is considering buying a majority stake in NUVA** Nuvama Wealth Management and Warburg Pincus did not immediately respond to R...Reuters
Tue, Jun 17
Commodities
Putin's energy point man says there is a need for more oil volumes globally
Novak: there is a need for more volumesRussia: OPEC+ remains ready to be flexibleNovak: OPEC+ members in constant contact By Vladimir SoldatkinMOSCOW, June 17 (Reuters) - Russian President Vladimir Putin's energy point man said on Tuesday that there was a global need for more volumes of oil and ...Reuters
Tue, Jun 17
Stocks
Dueling Billionaires: Artificial Intelligence (AI) Stock Nvidia Is Israel Englander's Largest Stock Holding, but Philippe Laffont Has Sold Shares for 8 Consecutive Quarters
Since late 2022, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). Software and systems having the ability to make split-second decisions without human oversight represents a technology with broad-reaching potential in virtually every industry...The Motley Fool
Tue, Jun 17
Commodities
Frontline oil tanker in ship collision near Strait of Hormuz, Norway daily DN reports
COPENHAGEN, June 17 (Reuters) - Frontline FRO.OL oil tanker Front Eagle has been involved in a ship collision near the Strait of Hormuz, Norwegian business daily DN reported on Tuesday, citing the company.Reuters
Tue, Jun 17
Other
Spanish foreign minister urges resumption of talks on Iran nuclear programme
MADRID, June 17 (Reuters) - Spanish Foreign Minister Jose Manuel Albares said on Tuesday he saw no sign of any de-escalation between Israel and Iran and called for a resumption of "negotiation on the nuclear file.""Let's stop this exchange of missiles," he said on Bloomberg TV.Reuters
Tue, Jun 17
Stocks
Prediction Occidental Petroleum Will Soar Over the Next 5 Years. Here's 1 Reason Why.
Occidental Petroleum (NYSE: OXY) has a multitude of potential upside catalysts. From higher oil prices to Warren Buffett's buying to its non-oil growth drivers, the oil company has a lot of positives. However, I see one factor potentially playing a major role in driving up Occidental's stock price i...The Motley Fool
Tue, Jun 17
Commodities
WTI Oil bounces up on geopolitical tensions but fails to confirm above $72.00
Crude prices have been capped at the $72.00 level but remain 12% above May's range.Fears of escalating tensions between Israel and Iran are keeping downside attempts limited.Russia's Deputy Prime Minister, Novak, is pressuring the OPEC+ to reconsider output hikes.
Fxstreet
Tue, Jun 17
Commodities
Petronas And Commonwealth LNG Sign 20-Year Agreement For Sustainable LNG Supply
June 17 (Reuters) - Petroliam Nasional Bhd (Petronas) IPO-PETO.KL:MALAYSIA'S PETRONAS: PETRONAS AND COMMONWEALTH LNG SIGN 20-YEAR AGREEMENT FOR SUSTAINABLE LNG SUPPLYPETRONAS: PURCHASING ONE MILLION TONNES PER ANNUM (MTPA) LNG FROM COMMONWEALTH'S 9.5 MTPA FACILITY CURRENTLY UNDER DEVELOPMENT...Reuters
Tue, Jun 17
Stocks
Buffett Wouldn't Buy AI Yet -- but These 2 Artificial Intelligence (AI) Stocks Fit His Playbook
Warren Buffett, as chairman, has helped Berkshire Hathaway's portfolio grow to more than $258 billion -- and it's even beaten the S&P 500 index along the way. Berkshire Hathway has delivered a compounded annual gain of more than 19% over 59 years, while the benchmark has registered a 10% gain over t...The Motley Fool
Tue, Jun 17
Other
Autodoc IPO Price Range Eur 58.00 To Eur 61.00 Per Share - Bookrunner
June 17 (Reuters) - AUTODOC IPO - BOOKS OPEN - BOOKRUNNERIPO PRICE RANGE: EUR 58.00 - EUR 61.00 PER SHARE - BOOKRUNNERIPO BASE DEAL SIZE: 6,608,696 SHARES / C.EUR 383M - EUR 403M - BOOKRUNNERIPO TOTAL DEAL SIZE: 7,600,000 SHARES / C.EUR 441M - EUR 464M - BOOKRUNNERReuters
Tue, Jun 17
Other
Crane Aerospace & Electronics Selected To Supply Doors Signal System On COMAC C929 Aircraft
June 17 (Reuters) - Crane Co CR.N:CRANE: CRANE AEROSPACE & ELECTRONICS HAS BEEN SELECTED TO SUPPLY THE DOORS SIGNAL SYSTEM ON THE COMAC C929 AIRCRAFTCRANE: SENSING SYSTEM SOLUTION FOR THE C929 WILL INCLUDE NEARLY 100 PROXIMITY SENSORS - STATEMENTReuters
Tue, Jun 17
Stocks
5 Dividend Stocks to Buy With $2,000 and Hold Forever
Investing in the stock market is an excellent way to build long-term wealth. For investors seeking passive income, dividend stocks are one way to turn your portfolio into a cash-generating machine. Not only that, but companies that pay dividends consistently tend to outperform those that don't.Resea...The Motley Fool
Tue, Jun 17
Other
Autodoc's IPO is set to value car parts retailer at $2.8 billion
June 17 (Reuters) - The planned initial public offering of Autodoc is set to value the German online parts retailer at as much as 2.4 billion euros ($2.78 billion), the company said on Tuesday. The private placement is set at a price range of 58 to 61 euros, which amounts to a total market capi...Reuters
Tue, Jun 17
