- Exclusive | Wrong-Way Bets on Oil Had a Star Trader Hundreds of Millions in the Hole WSJ
- Energy Trader Vitol Reorganizes Derivatives Team After Losses Bloomberg.com
- Iran war prompts Intercontinental Exchange to raise oil futures margins
Category: 6. Business
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Exclusive | Wrong-Way Bets on Oil Had a Star Trader Hundreds of Millions in the Hole – WSJ
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Another Day of Iran-Led Volatility: Why the Case for Staying Invested Remains Intact
The markets are volatile right now, and for good reason; the threat to the global economy from a prolonged closure of the Strait of Hormuz is significant. It’s not just a question of crude oil and liquefied natural gas (LNG); significant…
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‘Insane’ costs: Small New York farm grapples with fuel hikes from Middle East conflict
NEW CITY, April 12 — An hour’s drive north of New York City, the greenhouses at Cropsey Farm are seeing their first leaves of kale, spinach and arugula emerge. But the farmer who runs the outfit is…
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The $7.4 Billion You Won’t Find In Its Debt Line — But Maybe You Should
Netflix, Inc. looks clean. The balance sheet says about $14.5 billion in debt. The stock is hovering near $100. Nothing alarming. Nothing screaming leverage. But that’s only if you take the accounting at face value.
Because sitting just off…
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Life360 AI Pivot And Job Cuts Raise Questions On Valuation And Margins
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.
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Life360 (ASX:360) announced a workforce reduction as it pivots to an AI native operating model.
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CEO…
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Artifical Intelligence (AI) Stocks Are Rising on the News of an Iran War Ceasefire. Here Are 3 Great Ones to Pick Up Now.
The market has been staging a major comeback since an Iran war ceasefire was announced last week. The S&P 500 has rebounded and is roughly flat year to date as of this writing, driven by lower oil prices and relief about what that means for…
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Cathie Wood buys $11 million of tumbling megacap tech stock | PLTR
Key Points
- Cathie Wood’s Ark Innovation ETF is down year to date.
- Wood predicts a “great acceleration” in global growth, led by disruptive technologies such as AI.
- Wood recently bought a tumbling megacap tech stock amid market pressure.
Cathie…
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Canada slashed migration and housing costs dropped. There may be lessons for Australia | Canada
Canada’s decision to radically cut migration levels and slash the number of foreign workers and students in the country has delivered on its goal of reducing housing costs, experts say.
In the grip of a post-pandemic surge in overseas migration…
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AI Juggernaut Rumbles on Even as Markets Whipsaw
(Bloomberg) — The artificial intelligence credit juggernaut keeps pushing forward as the relentless demand for exposure to the industry trumps fears that the conflict in the Middle East is causing energy prices and inflation to rise.