
Oil struggles for direction as IEA flags greater volatility ahead, OPEC cuts demand forecast
OPEC cut its demand growth estimates for 2026 to about 1.2 million barrels per day.
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OPEC cut its demand growth estimates for 2026 to about 1.2 million barrels per day.

For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China's growing influence in the Indo-Pacific.

The high-stakes summit is expected to cover a wide range of contentious topics, including trade, technology, export controls, Taiwan, and the Iran war.

Asia markets eyed gains ahead of closely watched Trump-Xi summit on trade, tariffs and technology restrictions.

Can Japan be a major player in the international defense sector, like its neighbor South Korea?

Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.

Top Microsoft executives testified in Musk v. Altman this week, spelling out concerns they had in the early days of the partnership with OpenAI.

Cisco's AI story has finally started resonating with Wall Street, with the stock hitting a record late last year and continuing to rally in 2026.

Chinese stocks, ETFs and related themes posted some of the biggest rallies in months.

Allegiant CEO Greg Anderson said leisure travel demand is still strong despite higher fuel prices.

Kevin Warsh received the fewest votesTKTK of any Fed chair in history. Will it cripple him?

U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states seeing the sharpest declines.

In the most divisive vote ever for a Fed chair, Warsh, 56, won confirmation to take over for Jerome Powell.

Mortgage rates surged to the highest level since March in reaction to two hotter-than-expected inflation reports.

The rise of increasingly sophisticated AI models is putting pressure on cybersecurity teams to step up their defenses for newer and faster cyberattacks.

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Traders also think it is likely that the president will talk about Iran, despite his comments that the U.S. doesn't need China's help in resolving the war.

Leerink analysts lifted J&J shares to a buy equivalent from hold on Wednesday, citing the company's slate of new drugs.

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.

The president landed in the Chinese capital for a highly anticipated summit with Xi Jinping.

If you've been watching the SPDR Gold Shares (GLD), you know the yellow metal has been consolidating and appears to be bouncing off its 150-day moving average (support).

Treasury yields climbed after a hotter-than-expected reading on the producer price index.

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

The company is working on space-based interceptors for Trump's $185 billion Golden Dome defense system

Musk has accused Altman and another OpenAI co-founder of trying to "steal a charity"

Capital One is suing unknown defendants, alleging that they use automated or prerecorded calls posing as representatives for the bank.

In today's job market, interpersonal skills are a top priority for hirers, according to career expert Erin McGoff.

Volatility in the S&P 500 as measured by the Cboe VIX Index ended down on Tuesday, despite a brief pop to 19.01, the highest since April 28.

The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.

Amazon introduced Alexa for Shopping, an e-commerce bot that can answer queries and take actions on behalf of users

Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.

The magnitude of the A.I. capital spending boom is historic and the dollar values are staggering.

The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

Mortgage rates continued to climb higher, but stronger homebuyer demand helped to keep mortgage applications in positive territory.

U.K. gilts and bonds faced heavy selling pressure in response to the latest 'Starmer drama', as the prime minister faces down rivals ahead of the King's Speech.

President Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents argue a pause wouldn't help consumers and could harm roads.

Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.

Parent company Kraft Heinz is trying to reverse slumping sales by modernizing many of its legacy brands.

The tech giant reported its first-quarter 2026 earnings on Wednesday.

A recent tie-up between Jeep maker Stellantis and China's Leapmotor is seen as a watershed moment for the future of European carmaking.

Starmer's leadership is under pressure, sparking concern in the bond market.

SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.

European stocks are expected to buck the negative sentiment seen in Tuesday's session by opening higher on Wednesday.

U.K. Prime Minister Keir Starmer has alighted on resetting relations with Europe as a way of reviving his flagging popularity.

The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.

The U.S. chipmaker executive was not included in earlier lists of business leaders participating in President Donald Trump's trip to China this week.

Heading into the summit, Beijing and Washington will likely reaffirm their shared intention to reopen the Strait of Hormuz and restore stability in the region.

FedEx CEO Raj Subramaniam argued that Amazon's recent supply chain services announcement does not pose a threat to Fedex.

Michigan lawmakers introduced a bipartisan bill to ban Chinese-connected vehicles and technology from the U.S. market over security concerns.

New York is moving ahead with a pied-à-terre property tax in its budget. Existing taxes from around the world's major cities show the limits of the policy.