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US software stocks fall as Anthropic’s new AI model revives disruption fears
Anthropic limits access to its Claude Mythos AI model after finding cybersecurity vulnerabilities, causing US software stocks to drop amid ai disruption fears.
Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated
Oil prices rose over 3% amid concerns about a fragile Middle East ceasefire and restricted flows through the Strait of Hormuz, a key global energy route.
US fourth-quarter GDP growth revised lower to a 0.5% rate
WASHINGTON, April 9 (Reuters) – U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory accumulation, but corporate profits increased sharply, government data showed on Thursday. Gross domestic product increased at a downwardly revised 0.5[...]
Intel and Google to double down on AI CPUs with expanded partnership
Intel and Google expand their partnership to develop AI-focused CPUs and custom infrastructure processors, responding to growing demand for AI computing power.
US weekly jobless claims rise, but remain at low levels
US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.
Meta unveils first AI model from costly superintelligence team
Meta Platforms launched Muse Spark, its first ai model from a high-cost superintelligence team, aiming to enhance everyday tasks across its social platforms.
March jobs report blows past expectations
US employers added 178,000 jobs in march, beating expectations amid energy price concerns tied to the iran conflict, signaling labor market resilience.
Jeff Shell exits as president of Paramount Skydance amid legal disputes
Jeff Shell is out as president of Paramount Skydance following legal disputes involving a $150 million lawsuit and allegations of misconduct.
Aerospace parts maker Arxis targets $11.2B valuation in US IPO
Arxis, the aerospace components maker based in Bloomfield, Connecticut, aims for an $11.2 billion valuation in its U.S. initial public offering.
Global energy stocks plunge as US-Iran ceasefire hits oil
April 8 (Reuters) – U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into oil prices due to fears of supply disruption through the Strait of Hormuz. Oil fell below $100 per barrel after U.S. President Donald Trump late on Tuesday agreed [&he[...]
Oil tumbles below $100 after Trump announces two-week ceasefire
LONDON, April 8 (Reuters) – Oil tumbled below $100 a barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to an immediate and safe reopening of the Strait of Hormuz. Brent crude futures were down $18.27, or 16.72%, at $91.00 a barrel by 1320 GMT. […]
Trump says US will work closely with Iran, discuss sanctions
WASHINGTON, April 8 (Reuters) – The United States will work closely with Iran and the two countries are discussing tariff and sanctions relief, U.S. President Donald Trump said on Wednesday, following the announcement of a two-week ceasefire. Trump pulled back from the brink of a threatened full-on assault on Iran on Tuesd[...]
