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asia markets look set for a mixed open monday after trump announced "project freedom" — a plan to free ships stranded in the strait of hormuz. trump posted on truth social that the u.s. would attempt to free vessels affected by the closure since the start of the
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big tech earnings this quarter sent a clear signal: heavy spending on ai infrastructure is being rewarded, not punished. alphabet, amazon, apple, microsoft, and meta — five of the magnificent seven — all reported massive capital expenditure plans for data centers, and the market reacted differently to each. alphabet guided $180-190 billion
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greg abel ran his first berkshire hathaway annual meeting as the guy in charge, and shareholders mostly liked what they saw. the reviews were positive — "very solid. no misspoke words. thorough answers," said steve check of check capital management. david kass, a finance professor and decades-long shareholder, said
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jeanine pirro said sunday that new ballistics evidence confirms cole allen's shotgun pellet hit a secret service agent's vest during the white house correspondents' dinner shooting last weekend. pirro told cnn's "state of the union" the buckshot was from the mossberg
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jeanine pirro appeared to drop plans to appeal a ruling against her criminal investigation of fed chair jerome powell. she instead said she'll file a motion to vacate judge james boasberg's order quashing her subpoenas to the fed. the shift came on cnn's "
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the s&p 500 kept its record run alive last week, boosted by earnings showing the ai spending boom isn't slowing. this week brings more earnings, jobs data, and corning's investor day. three club names report: eaton on tuesday morning (revenue est. $7.08b, eps
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as healthcare costs surge into low double-digits for some companies, employers are cutting paid parental leave — one of the more generous benefits added in recent years. zoom communications reduced birthing parent leave from 22-24 weeks to 18 weeks, and non-birthing parent leave from 16 to 10 weeks. deloitte is reportedly
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used ev sales jumped 27.7% in march from a year earlier, and 53.9% from february, per cox automotive. the surge is partly driven by three-year leases ending — most leases happened between late 2022 and 2023, and those cars are now hitting dealer lots "in droves," said
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more americans are buying simpler, cheaper cars as new vehicle prices hover near $50,000. sales of base trims and budget models like the nissan versa and ford maverick have climbed sharply since 2023, according to automaker data. the ford maverick — one of the cheapest pickups on the market — saw
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opec+ agreed to increase oil output by 188,000 barrels per day for june, slightly less than may's 206,000 bpd hike. it was the group's first meeting without the uae, which officially left opec on may 1. the seven countries involved — saudi arabia, russia, iraq,
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top wall street analysts are pointing to three stocks with long-term potential, per tipranks. seagate technology, marvell technology, and amazon all got buy ratings and price target hikes this week. seagate beat estimates for its fiscal q3 2026, driven by ai demand for storage. td cowen's krish sankar
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u.s. crude oil exports hit a record in april at 5.2 million barrels per day — up more than 30% from 3.9 million bpd in february before the iran war, per kpler data. the port of corpus christi, already the third-largest oil export terminal in the world before