Author: Admin

Reports indicate Iran’s military is not allowing passage through the crucial waterway connecting the Persian Gulf and the Gulf of Oman. But there appears not to have been a formal closure announcement.

As Donald Trump has over the past year started a trade war, attacked US institutions including the Federal Reserve and threatened allies over Greenland, global growth has proved resilient.Inflation has continued to subside and equity markets in Europe and elsewhere have marked fresh highs despite the shocks.Now, as the US and Israel’s assault on Iran spills into a wider regional conflict, oil markets are the key channel to determine whether that relatively benign trajectory will continue, given the potential for the conflagration to disrupt supplies.The question is whether the US and its partners can avert a sustained shutdown of energy…

DP World suspended operations at the Jebel Ali port in Dubai, while MSC Mediterranean Shipping Company said it was halting all bookings for worldwide cargo to the Middle East region until further notice.

The price of oil is expected to soar on Monday while stock markets could tumble as the US-Israel war on Iran rattles investors.US crude oil is on track to rise by 9% when trading resumes, according to data from the broker IG, after Tehran said on Saturday it had in effect closed the strait of Hormuz, a key oil choke point, reportedly prompting the halt of some oil shipments.IG’s weekend markets showed that US crude oil could rise to more than $73 a barrel when trading resumes in New York late on Sunday, up from $67 a barrel on Friday…

SpaceX has held bitcoin for years without ever having to explain why to the public market investors. That’s about to change.Bloomberg reported late Friday that Elon Musk’s rocket and satellite company is targeting a confidential IPO filing with the SEC as soon as March, keeping it on track for a June listing that would be the largest in history. The company is expected to seek a valuation above $1.75 trillion and raise as much as $50 billion, eclipsing Saudi Aramco’s 2019 record of $29 billion.Buried inside that filing will be 8,285 bitcoin.Arkham Intelligence data shows SpaceX’s identified wallets held about…

Amid the immense correction in software stocks, investors scoping out buy-the-dip targets may want to consider Blackbaud BLKB, which currently lands a Zacks Rank #1 (Strong Buy) and is the Bull of the Day.Trading near a 52-week low of $45 a share, Blackbaud stock looks oversold and due for a sharp rebound largely because the broad software selloff has been driven by AI-disruption fears, not by company-specific deterioration.Furthermore, investors seeking mission-aligned opportunities may be drawn to Blackbaud, whose ESG (environmental, social, and governance) focused approach and leading software cloud solutions directly support social-impact initiatives. Company Overview Blackbaud offers a full spectrum of…

As speculation over a new version of the DeepSeek AI model grows, several other Chinese tech companies have released their own generative artificial intelligence models in the past few weeks. They range from Alibaba’s Qwen 3.5 to ByteDance’s video-generating Seedance 2.0. But what’s caught the eye of AI users — and UBS stock analysts — is MiniMax , which only went public in Hong Kong in January. The company in mid-February released its M2.5 model, with performance rivaling Claude’s latest Opus 4.6 at a lower price. That’s driven a surge of developers to choose MiniMax M2.5 over even DeepSeek’s current…

For £12m, you could buy a seven-bedroom mansion in Hampstead, north London, or a Bugatti La Voiture Noire, one of the world’s most coveted sports cars, with a few hundred thousand quid to spare. Alternatively, you could blow it all on a Pokémon card.This is what AJ Scaramucci, son of financier and former White House communications director Anthony Scaramucci, did earlier this month when he bought the world’s only Professional Sports Authenticator (PSA) 10-graded Pikachu Illustrator card, one of the rarest and most coveted Pokémon cards ever, at auction. The seller, YouTuber, wrestler and occasional boxer Logan Paul, made a…

In polarised Iran, Khamenei’s death triggers celebrations and grief

(RTTNews) – NIO Inc. (NIO) announced that it delivered 20,797 vehicles in February 2026, representing an increase of 57.6% year-over-year. The deliveries consisted of 15,159 vehicles from the Company’s premium smart electric vehicle brand NIO, 2,981 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO, and 2,657 vehicles from the Company’s small smart high-end electric car brand FIREFLY. Cumulative deliveries reached 1,045,571 as of February 28, 2026. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.