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Oil and Gas

Oil surges past 2% as U.S.-Iran air strikes shatter peace hopes

Oil prices jumped more than 2% on Thursday morning after Iran’s Islamic Revolutionary Guard Corps targeted a U.S. military installation, swiftly reversing a sharp sell-off from the previous session that had been fueled by optimism over a potential diplomatic resolution to the conflict.

Read more: Oil surges past 2% as U.S.-Iran air strikes shatter peace hopes
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Technology

Alarum Technologies reports 64% revenue surge on expanding data infrastructure demand

Alarum Technologies (NASDAQ:ALAR) reported a sharp expansion in its first-quarter revenue compared to the prior year, driven by intensifying institutional demand for complex web data collection and scalable enterprise workloads.

Read more: Alarum Technologies reports 64% revenue surge on expanding data infrastructure demand
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Technology

Micron hits $1 trillion value in AI boom as Walmart exits club

In a stark illustration of how artificial intelligence continues to reshape corporate valuations on Wall Street, memory chipmaker Micron Technology (NASDAQ:MU) has entered the exclusive tier of companies valued at over $1 trillion, while retail giant Walmart (NASDAQ:WMT) has dropped out.

Read more: Micron hits $1 trillion value in AI boom as Walmart exits club
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Industrials

AkzoNobel rejects joint $14.53B takeover bid from Nippon Paint and Sherwin-Williams

AkzoNobel has rejected a joint 12.49 billion-euro ($14.53 billion) all-cash takeover proposal from Japan’s Nippon Paint Holdings and U.S.-based The Sherwin-Williams Company (NYSE:SHW), choosing instead to advance its previously agreed-upon merger with Axalta Coating Systems.

Read more: AkzoNobel rejects joint $14.53B takeover bid from Nippon Paint and Sherwin-Williams
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Technology

Alpha Compute finalizes GAMEE acquisition to launch new gaming division

Alpha Compute (NYSE:ALP) closed its previously announced majority acquisition of gaming and digital rewards platform GAMEE, expanding its footprint into digital consumer applications and establishing a newly formed business division called Alpha Games.

Read more: Alpha Compute finalizes GAMEE acquisition to launch new gaming division