Crude Builds, Fuel Stocks Tighten U.S. crude inventories rose sharply last week, while gasoline and distillate stocks fell as export demand strengthened. The Energy Information Administration said crude stockpiles climbed to their highest level since June 2023, adding pressure to oil prices.
What Happened Nvidia (NVDA) invested $2 billion in Marvell Technology (MRVL) as the two companies launch a partnership aimed at making it easier for customers to deploy custom AI chips alongside Nvidia’s networking gear and central processors. In market reaction on Tuesday, Marvell shares rose about 7%, while Nvidia shares were up
What The February JOLTS Report Showed U.S. job openings fell more than expected in February, and hiring cooled sharply, pointing to a labor market that is losing momentum rather than re-accelerating. The update came from the Job Openings and Labor Turnover
Washington Is Taking a Venture-Style Approach to Rare Earths The U.S. is putting real money behind domestic rare earth supply chains — even if that means backing companies that have not yet proven they can produce at scale. That is
What Microsoft Just Changed in Copilot Microsoft (MSFT) unveiled new upgrades to its Copilot research assistant aimed at making results more reliable while keeping work moving faster. The headline shift is a multi-model workflow that lets Copilot tap more than one AI system
What Happened at Golden Pass Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil (XOM), said it has produced its first liquefied natural gas at its new facility in Texas. The milestone marks a major step toward bringing one of the
What Happened Talks between Unilever (UL) and McCormick (MKC) are moving quickly around a potential combination that would pair Unilever’s food business with the U.S. spice maker. Unilever has said it is in discussions after receiving an offer for its food division, and McCormick has confirmed
What Happened in West African Crude West African crude trading for April-loading cargoes has slowed, even as the global oil market faces acute supply stress tied to the Iran war and disrupted tanker traffic through the Strait of Hormuz. Traders describe
What Happened Citigroup (C) leaders have been weighing the idea of buying a major U.S. regional bank, as the firm works to complete a multi-year effort to streamline its operations. The discussions have been characterized as preliminary and have taken place over
What Apple Announced Apple (AAPL) is expanding its American Manufacturing Program by adding Bosch, Cirrus Logic (CRUS), TDK, and Qnity Electronics. The company said it plans to invest $400 million through 2030 to expand U.S.-based production of key components used across Apple devices. Apple framed the move as part
Crude Builds, Fuel Stocks Tighten U.S. crude inventories rose sharply last week, while gasoline and
What Happened Nvidia (NVDA) invested $2 billion in Marvell Technology (MRVL) as the two companies launch a partnership aimed at
What The February JOLTS Report Showed U.S. job openings fell more than expected in February,
Washington Is Taking a Venture-Style Approach to Rare Earths The U.S. is putting real money
What Microsoft Just Changed in Copilot Microsoft (MSFT) unveiled new upgrades to its Copilot research assistant aimed at
What Happened at Golden Pass Golden Pass LNG, a joint venture between QatarEnergy and Exxon Mobil (XOM), said
What Happened Talks between Unilever (UL) and McCormick (MKC) are moving quickly around a potential combination that would pair
What Happened in West African Crude West African crude trading for April-loading cargoes has slowed,
What Happened Citigroup (C) leaders have been weighing the idea of buying a major U.S. regional bank,
What Apple Announced Apple (AAPL) is expanding its American Manufacturing Program by adding Bosch, Cirrus Logic (CRUS), TDK, and Qnity
