Oil rises 2% as Iran blockade fears grow
Brent crude futures rose 1.64% to $88.50 a barrel on Friday, while West Texas Intermediate crude climbed 1.92% to $82.81 as renewed U.S.-Iran tensions raised supply concerns.
Brent crude futures rose 1.64% to $88.50 a barrel on Friday, while West Texas Intermediate crude climbed 1.92% to $82.81 as renewed U.S.-Iran tensions raised supply concerns.
Pony AI (NASDAQ:PONY) and Uber Technologies (NYSE:UBER) plan to deploy more than 2,000 robotaxis across five European cities under an expanded partnership.
RCM Technologies (NASDAQ:RCMT) reported second-quarter revenue of $93.8 million, up 20%, while GAAP net income rose to $4.9 million.
Pfizer (NYSE:PFE) and Valneva (NASDAQ:VALN) said the EMA validated their PF-07307405 Lyme vaccine application after Phase 3 efficacy exceeded 70%.
Soluna reported 192 MW of operating data centre capacity while its broader development pipeline totals 6.3 GW.
Diversified Energy (NYSE:DEC) confirmed preliminary discussions about acquiring Birch Resources, but said talks remain early and no transaction has been agreed.
South Korea is tightening oversight of stablecoin transactions after about US$367 million in stablecoins reportedly moved offshore.
FG Nexus exited its Ethereum (CRYPTO:ETH) treasury strategy after reporting a US$45.2 million loss.
MSCI proposed changes to its index eligibility rules that could affect some companies with significant Bitcoin (CRYPTO:BTC) holdings.
Goldman Sachs is providing US$2.25 billion in financing for a Bitcoin-related investment strategy linked to institutional digital asset products.
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