BlackJack3D Chip and AI-related stocks fell on Tuesday as the U.S.-Israel-Iran war raged after President Donald Trump issued an ominous warning suggesting Iran faces imminent destruction if Tehran does not agree to U.S. terms to end hostilities in the region. The tech-focused Nasdaq Composite ( COMP:IND ) fell around 1.3%. At the same time, the benchmark S&P 500 ( SP500 ) declined about 0.9%. The ...
BlackJack3D Chip and AI-related stocks fell on Tuesday as the U.S.-Israel-Iran war raged after President Donald Trump issued an ominous warning suggesting Iran faces imminent destruction if Tehran does not agree to U.S. terms to end hostilities in the region. The tech-focused Nasdaq Composite ( COMP:IND ) fell around 1.3%. At the same time, the benchmark S&P 500 ( SP500 ) declined about 0.9%. The blue-chip Dow ( DJI ) also fell nearly 0.8%. "A whole civilization will die tonight, never to be brought back again. I don't want that to happen, but it probably will," said Trump on Truth Social, ahead of a deadline he set for the opening of the Strait of Hormuz. Reportedly, the U.S. military struck dozens of Iranian military targets on Kharg Island. Meanwhile, Iran’s Revolutionary Guard warned it would “deprive the U.S. and its allies of the region’s oil and gas for years” if Trump follows through with his threats. Iranian officials called on young people to form human chains to protect power plants. Brent Futures ( CO1:COM ) climbed about 0.6%, while Crude Oil Futures ( CL1:COM ) jumped nearly 3.2% on Tuesday. Shares of AI chipmaker Nvidia ( NVDA ) fell about 2%, while Advanced Micro Devices ( AMD ) dipped nearly 1%. Qualcomm ( QCOM ) fell around 2%. However, Broadcom ( AVGO ) soared about 4% after disclosing that it signed a long-term deal with Google ( GOOG ) ( GOOGL ) to develop its custom AI chips, known as tensor processing units. Several other AI and networking-related stocks were mixed. Coherent ( COHR ) and Corning ( GLW ) each fell nearly 1%, while Celestica ( CLS ) and Cisco ( CSCO ) were also in the red. However, several stocks in this space bucked the trend. Applied Optoelectronics ( AAOI ) surged about 6%, while Arista Networks ( ANET ) and Lumentum ( LITE ) each jumped nearly 3%, while Ciena ( CIEN ) rose nearly 1%. Arm ( ARM ) plummeted about 5%, while Marvell Technology ( MRVL ) fell nearly 2%. Lattice Semiconductor ( LSCC ), GlobalFoundries ( GFS ), Taiw...
standret/iStock via Getty Images After my previous analysis , Trane Technologies plc ( TT ) picked up its momentum and delivered nearly 12% returns in just three months. Somehow, I also understand the positive market reaction despite my cautious stance last time. The notable price drop became an opportunity for buyers to enter or increase their position. After all, this was a shoot-first-and-ask-m...
standret/iStock via Getty Images After my previous analysis , Trane Technologies plc ( TT ) picked up its momentum and delivered nearly 12% returns in just three months. Somehow, I also understand the positive market reaction despite my cautious stance last time. The notable price drop became an opportunity for buyers to enter or increase their position. After all, this was a shoot-first-and-ask-me-later reaction to NVIDIA’s ( NVDA ) Rubin chip, which sparked concerns among HVAC companies. Even so, I believe that a hold rating still stands in line with its valuation. Additionally, recent technicals have improved with bullish reversal attempts but have not yet broken above the resistance, so more confirmation may be needed. Trane Technologies: Growth Sustained, But Cost Pressures Rose In the months that followed my previous coverage of Trane Technologies plc, we saw some interesting trends despite macroeconomic volatility. As businesses and households adapt to digitalization, data centers have become more crucial in meeting the need for internet access. With that, HVAC units also benefit from the positive spillovers of these recent trends. This was evident in the most recent performance of large players like TT. In Q4 2025, its operating revenue amounted to $5.1B , up by 5.6% YoY from $4.9B. This YoY increase was also higher than in my previous coverage at 5.5%, which suggests sustained growth. This was quite impressive considering stubborn inflation that could have affected purchasing power. As you can see, its bookings kept increasing, which means that demand for its HVAC units remained strong. Its operations in the Americas remained the jewel of the crown, as they comprised 78% of the total revenues. It also rose by 5.5%. EMEA also helped drive its revenue growth with a YoY increase of about $80M, or 11%. Their combined amount completely offset its weakness in APAC. Income Statement (TT Q4 2025 Release) However, one may not ignore the impact of the mounting cost p...
Iran’s oil exports are almost completely dependent on a small outpost in the Persian Gulf: Kharg Island. Lying 15 miles (24 kilometers) off the Iranian mainland, the island is the loading point for around 90% of the country’s crude shipments. Exports have only dipped slightly since the US and Israel launched strikes against Iran, as the Islamic Republic has continued to send its own vessels throug...
Iran’s oil exports are almost completely dependent on a small outpost in the Persian Gulf: Kharg Island. Lying 15 miles (24 kilometers) off the Iranian mainland, the island is the loading point for around 90% of the country’s crude shipments. Exports have only dipped slightly since the US and Israel launched strikes against Iran, as the Islamic Republic has continued to send its own vessels through the Strait of Hormuz while effectively closing the waterway to all but approved ships from elsewhere. Kharg Island has already been caught up in the war, but the US has focused two rounds of attacks on military assets and spared the oil infrastructure. President Donald Trump has floated seizing the export hub, “obliterating” it or even taking control of Iran’s entire oil sector . Any of these actions would be a marked escalation. A ground operation would carry huge risks, including significantly more casualties than the US has suffered so far. What could a US invasion of Kharg Island achieve? Taking control of Kharg’s oil facilities would allow the US to halt the bulk of Iran’s crude exports. This would put further pressure on the Iranian economy — which is highly reliant on oil revenue and has already been heavily strained by years of sanctions — and could provide leverage to force Iran to allow maritime traffic to resume through the Strait of Hormuz. While Iran has other oil export terminals, none can match the capacity of Kharg, which handles around 1.5 million barrels of oil per day. The Jask terminal, located at the eastern end of the Strait of Hormuz, was built to reduce Iran’s dependence on the waterway, but shipments from there have been infrequent. It’s only loaded five tankers since officially opening in 2021. Iran has endured extended periods of low oil exports before, including during Trump’s first term, when his “maximum pressure” strategy of harsh sanctions eroded the country’s crude shipments to less than a third of current levels. What are the risks of a U...
The energy sector has always been volatile. While the current geopolitical conflict in the Middle East is a headline-grabbing event, it really isn't all that unusual. However, that doesn't mean investors can simply ignore what is happening with supply and demand, given the region's importance to the global energy market. Chevron (NYSE: CVX) is warning that things could get worse before they get be...
The energy sector has always been volatile. While the current geopolitical conflict in the Middle East is a headline-grabbing event, it really isn't all that unusual. However, that doesn't mean investors can simply ignore what is happening with supply and demand, given the region's importance to the global energy market. Chevron (NYSE: CVX) is warning that things could get worse before they get better. Brent Crude is the global oil benchmark. The geopolitical conflict has led to a swift, dramatic rise in the benchmark's price, as you would expect. Recently, however, there has been a strange wrinkle in the market. Prices for oil to be delivered in June have been roughly $30 lower than the price for Brent Crude that will be delivered in the next 10 to 30 days. Image source: Getty Images. Continue reading
The U.S. Postal Service has retained Amazon as a customer, but the new contract represents a 20% reduction in shipping business. The post Amazon signs new delivery deal with Postal Service at 20% less volume appeared first on FreightWaves.
The U.S. Postal Service has retained Amazon as a customer, but the new contract represents a 20% reduction in shipping business. The post Amazon signs new delivery deal with Postal Service at 20% less volume appeared first on FreightWaves.
A key North Sea oil-pricing period saw 12 unanswered bids for cargoes and surging prices, the latest sign of tightness in global crude markets as the Iran war hits global output. Top commodity traders and oil companies lined up to seek shipments of five different types of crude that help set Dated Brent, the world’s main value for physical oil markets, according to traders monitoring the window, w...
A key North Sea oil-pricing period saw 12 unanswered bids for cargoes and surging prices, the latest sign of tightness in global crude markets as the Iran war hits global output. Top commodity traders and oil companies lined up to seek shipments of five different types of crude that help set Dated Brent, the world’s main value for physical oil markets, according to traders monitoring the window, which is run by Platts, a unit of S&P Global. No companies emerged as sellers. Dated Brent, which last week climbed to the highest since 2008, underpins the majority of the real-world crude transactions across the globe. It has been propelled higher by the war in Iran, which has curbed flows through the Strait of Hormuz, which accounts for about a fifth of the world’s oil. Read more: Key Real-World Oil Price Soars to Highest Level Since 2008
Sign up now! Sign up now! Sign up now? Sign up now! Arne Slot tries his best not to choke up when he talks of last year’s meeting between Liverpool and PSG. “I hope every fan around the world was hoping this game wouldn’t stop because it was incredible,” he blubbed in March 2025. His team had just lost on penalties to the soon-to-be Bigger Cup winners. “It was the best game of football that I was ...
Sign up now! Sign up now! Sign up now? Sign up now! Arne Slot tries his best not to choke up when he talks of last year’s meeting between Liverpool and PSG. “I hope every fan around the world was hoping this game wouldn’t stop because it was incredible,” he blubbed in March 2025. His team had just lost on penalties to the soon-to-be Bigger Cup winners. “It was the best game of football that I was ever involved in.” If the Slot regime comes to its end this summer, with a significant groundswell of opinion among Kopites nodding in that direction, then it is curious he keeps returning to an infamous European night at Anfield which may well prove the beginning of the end. A few days later, Liverpool deservedly lost a Fizzy Cup final to a much more inspired Newcastle. Things have never quite been the same since, despite a 20th league title being claimed in April. With Aaron Ramsey having been without a club since the end of last year and now retiring, it looks like we’ve moved from players announcing their retirement who we weren’t even aware were still playing to players announcing their retirement who were already retired but weren’t aware of it themselves” – Noble Francis. Dear Arsenal, how do you sustain this insane consistency in blowing your chances? Every. Single. Time. Players come and go. Managers stay and leave. The only constant is the fans’ anguish. What wizardry will you wield now to hand over the title to Manchester City?” – Krishna Moorthy. Re Thursday’s letters. John Groom is correct that not many Aussies use flamin’, but you don’t have to be Stefan Kuntz, Danny Sh1ttu or Christian Fuchs to know our modern alternatives aren’t always printable” – Rowan Sweeney. No-one says flamin’ anymore John, but most of us still have a flamin’ sense of humour” – Greg Wyatt. Continue reading...
Pheap Rom was one of 15 people sent to prison in African kingdom last year despite completing US sentences A Cambodian man deported by the US said he would have accepted being sent to Cambodia, but instead ended up imprisoned in Eswatini, a country he knew so little about that when he first read the name he thought it was another immigration detention centre in Louisiana. Pheap Rom, who had been c...
Pheap Rom was one of 15 people sent to prison in African kingdom last year despite completing US sentences A Cambodian man deported by the US said he would have accepted being sent to Cambodia, but instead ended up imprisoned in Eswatini, a country he knew so little about that when he first read the name he thought it was another immigration detention centre in Louisiana. Pheap Rom, who had been convicted of attempted murder, was one of 10 deportees sent to Eswatini by the US in October 2025. They joined a group of five men, from Cambodia, Cuba, Jamaica, Vietnam and Yemen, who were deported to the small southern African country in July. All were sent to a maximum-security prison. Rom was deported from Eswatini to Cambodia in March. Continue reading...
jetcityimage/iStock Editorial via Getty Images Proxy advisor Glass Lewis and investment group Legal & General are recommending shareholders vote against Albert Manifold's re-election as BP's ( BP ) Chair over the company's decision to block a climate-related resolution from its April 23 annual general meeting, the Financial Times reported Tuesday. Glass Lewis said Manifold was ultimately accountab...
jetcityimage/iStock Editorial via Getty Images Proxy advisor Glass Lewis and investment group Legal & General are recommending shareholders vote against Albert Manifold's re-election as BP's ( BP ) Chair over the company's decision to block a climate-related resolution from its April 23 annual general meeting, the Financial Times reported Tuesday. Glass Lewis said Manifold was ultimately accountable for BP's ( BP ) decision to exclude a resolution filed by climate activist group Follow This that called on the company to disclose how its strategy would perform under scenarios of declining demand for oil and gas. The exclusion of the proposal had not been necessary and raised "concerns about transparency, shareholder communication and responsiveness to shareholder concerns," Glass Lewis wrote. Glass Lewis joined ISS, another influential advisor, in recommending shareholders reject BP's ( BP ) proposal that it no longer needed to make certain climate-related disclosures. Legal & General said the exclusion amounted to a "reduction in transparency" that would make it more difficult for shareholders to understand how BP ( BP ) was addressing the risks related to the energy transition. The growing controversy is a test for Meg O'Neill, who joined BP ( BP ) as CEO this month. More on BP Four Reasons BP Could Correct BP: Oil At $100, Strong Buy BP: Buybacks Halted As Balance Sheet Takes Priority, Yet Valuation Remains Attractive
The US National Highway Traffic Safety Administration has closed its probe into Tesla's "Actually Smart Summon" feature, reducing regulatory overhang around this automated driving capability. Tesla, Intel, SpaceX, and xAI plan to build the Terafab AI chip facility in Texas to address AI chip supply for autonomous driving and broader AI workloads. These developments affect how investors may view Na...
The US National Highway Traffic Safety Administration has closed its probe into Tesla's "Actually Smart Summon" feature, reducing regulatory overhang around this automated driving capability. Tesla, Intel, SpaceX, and xAI plan to build the Terafab AI chip facility in Texas to address AI chip supply for autonomous driving and broader AI workloads. These developments affect how investors may view NasdaqGS:TSLA in terms of regulatory risk around autonomy and access to critical AI...
US billionaire Bill Ackman has made a $64.7 billion bid for Universal Music Group — home to Taylor Swift and Drake. Benoit Berthelot explains. (Source: Bloomberg)
US billionaire Bill Ackman has made a $64.7 billion bid for Universal Music Group — home to Taylor Swift and Drake. Benoit Berthelot explains. (Source: Bloomberg)