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Oil prices crept closer to $100 a barrel on Thursday as tanker traffic through the Hormuz Strait remained restricted. President Donald Trump told reporters Thursday that the U.S. and Iran will “probably” meet over the weekend for another round of negotiations. There is no official date set for the talks yet. The two-week ceasefire between […]

Google revealed “personalized” image generation that allows users to connect their photos to Nano Banana. The business remarked users can ask Gemini to “create a claymation image of me and my family enjoying our favorite activity,” and it will generate that specific image automatically.  Though the Gemini app doesn’t directly train on personal photos, it […]

Software stocks are on the rebound but fears are still widespread that enterprise software sector debt in private credit funds is highly concentrated and at risk of default. Alternative assets giant Apollo Global Management has seen its stock sell-off by more than 15% this year as a result, and it limited redemptions in a private […]

Kevin Warsh’s financial disclosures this week list holdings of at least $100 million in funds where he says he can’t reveal the underlying assets. Sen. Elizabeth Warren, a Democrat who opposes Warsh’s nomination, criticized Warsh’s partial disclosure Thursday. Financial disclosures have been a source of controversy under Fed Chair Jerome Powell, and how Warsh deals […]

Myseum shares more than doubled after the social media firm became the latest business to refocus efforts on artificial intelligence. Myseum shares more than doubled on Thursday after the social media platform provider became the latest corporation to unexpectedly refocus efforts on artificial intelligence. The penny stock surged around 130% to above $3 a share. […]

Quantum computing stocks have rallied this week after Nvidia revealed novel open-source AI models designed to advance the promising tech. IonQ, D-Wave Quantum, Quantum Computing and Rigetti Computing are tracking for massive gains The announcements came on Planet Quantum Day, founded by a group of scientists in 2021 to promote public awareness of quantum digital […]

Investors are starting to focus on what will replace compounded GLP-1 as a growth driver for telehealth companies like Hims & Hers Health. Peptides are gaining attention as a potential updated growth vector, despite clinical evidence for efficacy being limited. The FDA review process is only just beginning, with a Pharmacy Compounding Advisory Committee meeting […]

The S&P 500 closed at a record high on Thursday for the second consecutive day. The U.S. stock index has rallied sharply since the end of March. Stocks have been resilient even as the Iran war continues and there remains a blockade on oil flowing through the Strait of Hormuz. The stock economy is forward-looking: […]

The Senate on Thursday overturned a mining moratorium in Minnesota’s Superior National Forest, a boon for a Chilean mining conglomerate Antofagasta. The chamber voted 50-49 to overturn a 20-year protection imposed by President Joe Biden in 2023, clearing the way for a long-stalled mine project proposed by Twin Metals Minnesota to restart plans to access […]