US stock futures fell sharply Thursday as oil prices climbed toward 100 dollars per barrel, intensifying concerns that the Iran conflict could trigger a prolonged energy shock, reignite inflation, and delay expected interest rate cuts by the Federal Reserve. Futures tied to the Dow Jones Industrial Average dropped about 400 points. S&P......
The European Parliament voted to approve the European Union’s formal conclusion of the Council of Europe’s Framework Convention on Artificial Intelligence, Human Rights, Democracy and the Rule of Law, clearing the way for the EU to ratify the first legally binding international treaty focused on AI governance. The approval vote......
Replit, the AI powered coding platform known for popularizing “vibe coding,” has raised 400 million dollars in a Series D funding round that values the company at 9 billion dollars, tripling its valuation in just six months. The company announced the investment alongside the launch of Agent 4, its newest AI development tool, and......
BMW warned that profits will decline in 2026 as higher tariffs, currency shifts, and rising costs weigh on the German luxury carmaker’s profitability, even as the company bets on its next generation of electric vehicles to drive long term growth. Speaking at its annual conference in Munich, the company said it expects a moderate decline......
BlackRock chief executive Larry Fink said a military conflict with Iran could ultimately reduce global energy prices over the long term, offering a view that contrasts with the current surge in oil markets. Speaking Wednesday at BlackRock’s US Infrastructure Summit in Washington, Fink argued that a broader opening of Iran’s energy......
Elon Musk announced that Tesla and his artificial intelligence company xAI have joined forces to develop a new AI system called Macrohard, also referred to as Digital Optimus. The system is designed to operate computers autonomously and perform office tasks in real time. Musk revealed the project on March 11 in a post on X, describing it......
Global oil markets surged into sharp volatility after Iran warned it could halt all oil shipments passing through the Strait of Hormuz, a key maritime corridor that carries about 20 percent of the world’s crude supply. Crude prices briefly climbed above 100 dollars per barrel this week for the first time since Russia’s invasion......
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