Costco warns Middle East tensions could hit costs
Global tensions are increasingly becoming a concern for retailers. Even before the recent Iran confl[……] Read More
‘Peak war panic’ will likely hit markets in 1-3 weeks, as Trump balks at ceasefire deal
The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from…
Exxon, Chevron and other US oil and gas producers and refiners hit all-time highs amid Iran war
The stock prices of the American Big Oil giants are up about 30% this year as global oil spiked[……] Read…
Oracle called this its best quarter in 15 years — its free cash flow just hit negative $24.7 billion
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 bil[……]…
Retail layoffs hit 150-year-old food company’s Texas plant
Campbell’s, the 150-year-old packaged food company known for its iconic canned soups, is cutting job[……] Read More
Global oil shock could hit SA travellers’ wallets
Six weeks to crisis: Middle East war could tip global economy. Kidnappings soar in SA, with Gauteng[……] Read More
Dubai’s signature Token2049 crypto event set to go forward even as other conferences hit pause amid growing conflict
The organizers of Token2049 Dubai say that one of the year’s biggest crypto conferences, set to take[……] Read More
Oil worries and Iran war hammer Asian stocks, with Korea’s KOSPI taking the biggest hit
Asian equity markets continue to bear the brunt of investor anxiety over U.S. President Donald Trump[……] Read More
Samsung union votes on strike that could hit chip output
A May strike could disrupt HBM4 memory production for Nvidia’s AI accelerator, Vera Rubin, due to pr[……] Read More
Taiwan export orders hit record high on strong AI, chip demand
Machinery orders rose 40.6%, the largest increase since July 2021, driven by semiconductor demand.#T[……] Read More