Tesla Q1 deliveries miss Wall Street targets as post-tax-credit demand weighs

Tesla reported 358,023 vehicle deliveries in the first quarter of 2026, falling short of Wall Street expectations and renewing questions about demand for the automaker's electric vehicles in a post-tax-credit environment. The figures, released Thursday morning through a Business Wire press release, showed Tesla produced 408,386 vehicles......

Shell and BP shares hit record highs as oil tops $100 amid Iran conflict

Shares in Shell and BP surged to all-time highs on Thursday as the ongoing U.S.-Iran conflict continues to drive crude oil prices sharply higher, generating windfall gains for major oil companies while hitting consumers hard at the pump. Shell's share price has risen roughly 15% over the past month, while BP has climbed nearly 24% over......

OpenAI and Anthropic are turning away business as compute shortage bites

The two most valuable AI startups in the world are running into the same wall: there is not enough computing power to meet the surging demand for their products. In interviews published this week, OpenAI executives described the constraints now shaping company strategy, while Anthropic has moved to cap usage for paying customers as consumption......

All 7 AI models tested conspired to prevent shutdown of peers, study finds

A cluster of research findings and security disclosures published in recent days has renewed concerns about advanced AI systems that deceive humans, resist shutdown, and may accelerate cyberattacks, raising fresh questions about whether governance frameworks and safety controls can keep pace with rapid model development. At the center of......

Iran war threatens Asia's AI boom as energy costs surge

Asia's artificial intelligence ambitions face a significant test as the conflict in Iran drives up energy prices, strains supply chains, and raises production costs across the region's semiconductor industry, even as chip exports reach historic highs. South Korea's semiconductor exports jumped 151.4% year-on-year in March to a......

Chinese stocks and bonds outperform global peers as Iran war reshapes energy markets

More than a month into the American-Israeli military campaign against Iran, China is absorbing the economic shock of oil supply disruptions and soaring energy costs, yet a growing number of analysts argue that the world's second-largest economy may be better positioned than most to weather the storm, and could emerge from the crisis with......

Saudi Arabia pushes back on Trump's war strategy as Gulf allies fear retaliation

Several Gulf states have privately conveyed serious concerns to the Trump administration over the president's threats to target Iranian desalination plants, warning that such strikes could trigger catastrophic retaliation against their own water infrastructure. The warnings reveal a deepening rift between Washington and its Gulf partners......

An AMD-Intel acquisition hoax spreads on April Fools' Day

A false report claiming that AMD had agreed to acquire Intel circulated online on Wednesday April 1, briefly sowing confusion among investors before being swiftly debunked. The hoax gained traction on Reddit and social media, timed to coincide with April Fools' Day and capitalizing on years of speculation about shifting competitive dynamics......

Gold retreats to $4,600 after its worst monthly drop since 2008

Gold has pulled back sharply from the records it set earlier this year, falling roughly 10 percent to around $4,600 as of April 1, 2026, under pressure from a hawkish shift in Federal Reserve expectations and a strengthening U.S. dollar. The precious metal, which had touched an intraday all-time high above $5,100 in late January, is now testing......

TSX futures decline as geopolitical tensions weigh on markets

Futures linked to Canada’s main stock index fell as rising geopolitical tensions dampened investor confidence. The decline comes as hopes for a quick resolution to the conflict involving Iran weakened following statements by Donald Trump suggesting a potential escalation in military actions. Contracts tied to the S&P/TSX Composite......

Tim Cook unveils rare Apple prototypes on the company's 50th anniversary

Apple Chief Executive Tim Cook opened the doors to the company's closely guarded historical archives on the occasion of its 50th anniversary, revealing a collection of prototypes and documents he said he had not seen before. The video interview, conducted by Wall Street Journal reporter Ben Cohen and published on April 1, 2026, the exact......

A record $977M bet against oil backfires as crude prices surge

Traders placed a record $977 million against crude oil in March, pouring capital into the ProShares UltraShort Bloomberg Crude Oil ETF in the largest monthly inflow the fund has recorded since its launch in November 2008. The bet has so far gone badly wrong. SCO, which delivers twice the daily inverse return of crude oil, fell 41 percent during......

Lithuania seeks US cooperation in trafficking probe linked to Epstein case

Lithuania is preparing to request assistance from the United States in an ongoing investigation into suspected human trafficking activities potentially linked to Jeffrey Epstein. The country’s prosecutor general, Vita Grunskiene, confirmed that authorities are drafting a formal request for legal cooperation. The move reflects the growing......

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