US President Donald Trump speaks after he signed an executive order in the Oval Office of the White House in Washington, DC, on March 31, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Tuesday said he expected that United States military forces will leave Iran in "two or three weeks." "We leave because there's no reason for us to do this," Trump told reporters at the White...
US President Donald Trump speaks after he signed an executive order in the Oval Office of the White House in Washington, DC, on March 31, 2026. Brendan Smialowski | AFP | Getty Images President Donald Trump on Tuesday said he expected that United States military forces will leave Iran in "two or three weeks." "We leave because there's no reason for us to do this," Trump told reporters at the White House. "We'll be leaving very soon," the president said. The U.S. and Israel attacked Iran on Feb. 28. Read more U.S.-Iran war news Trump reportedly wants to 'take the oil in Iran' as Tehran targets water, power facilities in Kuwait Oil prices rise with Brent heading for record monthly surge as Iran war enters fifth week Pakistan prepared to host U.S.-Iran talks in ‘coming days’ as Trump weighs deploying ground troops Trump tells CNBC 'we are very intent on making a deal' with Iran Oil tumbles after Trump postpones U.S. strikes against Iran energy infrastructure for five days European stocks stage rebound as Trump signals Iran war de-escalation Gold and silver pare losses as Trump postpones strikes More than 40 Middle East energy assets 'severely damaged,' IEA chief says Saudi Aramco boss pulls out of major international energy conference due to Iran conflict: Reuters Trump and Tehran issue dueling warnings on the Strait of Hormuz Iran threatens U.S. Treasury buyers as Trump's 48-hour ultimatum looms U.K. confirms Iran fired two missiles at British-American base in Indian Ocean U.S. allows 30-day sale of Iran oil at sea in bid to tame prices Trump: Don't want Iran war ceasefire, considering 'winding down' military Trump: U.S. could end Iran war but will continue so it can 'never rebuild' Netanyahu: Iran 'decimated' but revolution requires 'ground component' Trump invokes Pearl Harbor in front of Japanese PM to defend Iran attack Netanyahu says Iran no longer has uranium enrichment capacity Iran war-induced fertilizer shortage threatens farm state GOP in midterms Hegseth o...
Oil steadied as traders weighed the outlook for the Middle East war, with Iran and the US signaling openness for a resolution to the conflict that’s caused chaos across global energy markets. West Texas Intermediate was near $102 a barrel after falling 1.5% on Tuesday. President Donald Trump told reporters at the White House that the US could leave Iran within two to three weeks , suggesting milit...
Oil steadied as traders weighed the outlook for the Middle East war, with Iran and the US signaling openness for a resolution to the conflict that’s caused chaos across global energy markets. West Texas Intermediate was near $102 a barrel after falling 1.5% on Tuesday. President Donald Trump told reporters at the White House that the US could leave Iran within two to three weeks , suggesting military goals had largely been accomplished. He added a deal could still be reached with Tehran. On Tuesday, Iranian state media reported that President Masoud Pezeshkian said the country is ready to end the war, while reiterating Tehran’s demands. Those have previously entailed ending the conflict across all fronts and recognition of its sovereignty over the vital Strait of Hormuz. “I think the exaggeration and panic is starting to come out of the back of the futures price curves in crude oil,” said Dennis Kissler , senior vice president for trading at BOK Financial Securities Inc. “The market is feeling at least a short term de-escalation and possibly more talks. “ The closure of the crucial waterway to shipping has choked off supplies of crude and natural gas to global markets, driving up energy prices and raising fears over an inflation crisis. Even if the war ended soon, it would still take time for flows to resume through the strait, while some facilities remain damaged. To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for May delivery was 0.9% higher at $102.25 a barrel at 6:11 a.m. in Singapore. Brent for June settlement closed 3.2% lower at $103.97 a barrel on Tuesday.
Bitmine Immersion Technologies (NYSEMKT:BMNR) , a digital asset mining and Ethereum (CRYPTO:ETH) treasury company, closed Tuesday at $19.78, rising 8.09%. The stock moved higher following last week’s staking platform launch and today’s wider market rally. Trading volume reached 70.1 million shares, about 54% above its three-month average of 45.6 million shares. Bitmine Immersion Technologies IPO'd...
Bitmine Immersion Technologies (NYSEMKT:BMNR) , a digital asset mining and Ethereum (CRYPTO:ETH) treasury company, closed Tuesday at $19.78, rising 8.09%. The stock moved higher following last week’s staking platform launch and today’s wider market rally. Trading volume reached 70.1 million shares, about 54% above its three-month average of 45.6 million shares. Bitmine Immersion Technologies IPO'd last year and has grown 172% since going public. The S&P 500 (SNPINDEX:^GSPC) advanced 2.91% to finish Tuesday at 6,529, while the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 3.83% to close at 21,591. Among blockchain technology and digital asset peers, Mara Holdings (NASDAQ:MARA) gained 4.68% to close at $8.16, and Riot Platforms (NASDAQ:RIOT) increased 4.48% to end at $12.36, underscoring broad strength across crypto-linked companies. Continue reading
imaginima/E+ via Getty Images The American Petroleum Institute reportedly shows a larger-than-expected build of 10.3M barrels of oil in U.S. commercial stockpiles for the week ending March 27, after increasing by 2.3M barrels in the previous week. Gasoline inventories reportedly show a draw of 3.2M barrels for the week, distillate inventories reportedly show a draw of 1M barrels, and inventories a...
imaginima/E+ via Getty Images The American Petroleum Institute reportedly shows a larger-than-expected build of 10.3M barrels of oil in U.S. commercial stockpiles for the week ending March 27, after increasing by 2.3M barrels in the previous week. Gasoline inventories reportedly show a draw of 3.2M barrels for the week, distillate inventories reportedly show a draw of 1M barrels, and inventories at the Cushing storage hub reportedly show a build of 800K barrels. The Energy Information Administration is scheduled to release its weekly U.S. petroleum supply report on Wednesday; the average of analysts surveyed by The Wall Street Journal forecast domestic commercial crude stocks would increase by 800K barrels, gasoline inventories were expected to drop by 1.5M barrels, and distillate inventories were expected to decline by 300K barrels. WTI front-month April crude oil ( CL1:COM ) recently traded at $101.16/bbl, down from Tuesday's $101.38/bbl settlement price. ETF: ( USO ) More on crude oil Commodities: Oil Eases As Report Suggests War Could End Without Hormuz Reopening Real Yields, Oil, Conflict Scenarios What Markets Are Telling Us About The Duration Of The Middle East Conflict
DRS Systems, a subsidiary of Leonardo DRS ( DRS ), secured a $533.29M IDIQ contract to produce and deliver infrared countermeasure assemblies for Navy & Army LRIP programs. The work is expected to be completed by April 2030, with no funds obligated at the time of award. Naval Air Systems Command is the contracting activity. More on Leonardo DRS Leonardo DRS, Inc. (DRS) Q4 2025 Earnings Call Transc...
DRS Systems, a subsidiary of Leonardo DRS ( DRS ), secured a $533.29M IDIQ contract to produce and deliver infrared countermeasure assemblies for Navy & Army LRIP programs. The work is expected to be completed by April 2030, with no funds obligated at the time of award. Naval Air Systems Command is the contracting activity. More on Leonardo DRS Leonardo DRS, Inc. (DRS) Q4 2025 Earnings Call Transcript Leonardo DRS, Inc. 2025 Q4 - Results - Earnings Call Presentation Leonardo DRS: The Strong Buy Delivered, Here's Why I'm Downgrading It And What Comes Next Leonardo DRS wins contract from Department of War Leonardo DRS targets 6%-8% organic revenue growth in 2026 while ramping investment in innovation and capacity
Grab (NASDAQ:GRAB) , a Southeast Asia superapp for mobility, deliveries, and financial services, closed Tuesday at $3.66, up 3.68%. The stock moved as investors assessed Tuesday’s Regular session disclosure that Grab is lifting Singapore fuel surcharges to offset higher fuel costs while watching how regulators and riders respond. The company’s trading volume reached 59 million shares, which is nea...
Grab (NASDAQ:GRAB) , a Southeast Asia superapp for mobility, deliveries, and financial services, closed Tuesday at $3.66, up 3.68%. The stock moved as investors assessed Tuesday’s Regular session disclosure that Grab is lifting Singapore fuel surcharges to offset higher fuel costs while watching how regulators and riders respond. The company’s trading volume reached 59 million shares, which is nearly 23% above its three-month average of 48 million shares. Grab went public in 2020 and has fallen 69% since going its IPO. S&P 500 (SNPINDEX:^GSPC) advanced 2.92% to 6,528.52, while the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 3.83% to finish at 21,590.53. Within the software application ecosystem, industry peers Uber Technologies (NYSE:UBER) closed at $71.93 (up 2.89%) and Lyft (NASDAQ:LYFT) ended at $13.3 (up 5.14%). Continue reading
Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant energy complex in West Texas, providing electricity to power a large data center campus. The proposed natural-gas fired power plant in West Texas is projected to cost about $7 billion and initially generate 2,500 megawatts of electricity, making it one of the ...
Microsoft Corp. is in exclusive talks with Chevron Corp. and investment fund Engine No. 1 over a long-term deal that would underpin a giant energy complex in West Texas, providing electricity to power a large data center campus. The proposed natural-gas fired power plant in West Texas is projected to cost about $7 billion and initially generate 2,500 megawatts of electricity, making it one of the largest of its kind in the US, according to people familiar with the matter, who asked not to be identified because the talks are ongoing. “Chevron, Microsoft, and Engine No. 1 have entered into an exclusivity agreement related to a proposed power generation and electricity offtake arrangement,” the companies said in a statement to Bloomberg. “No commercial terms have been finalized, and there is no definitive agreement at this time.” Chevron and Engine No. 1 had previously disclosed some details of their proposed power plant, but not the end user. A deal with Microsoft would secure a long-term customer for the plant’s electricity and help finance its construction. The project, which could be up and running before 2030, still requires tax and environmental approvals as well as agreement of commercial terms. Microsoft, a longtime backer of ChatGPT maker OpenAI , is doubling down on constructing data centers as it battles rivals Alphabet Inc. and Amazon.com Inc. for supremacy in artificial intelligence. Access to reliable baseload power is emerging as a key challenge — one the Chevron and Engine No. 1 partnership expects to address given its extensive natural gas production in West Texas and contracts for large turbines. Read More: Chevron Picks Texas for First AI Data Center Power Project The new generation of data centers is being built farther from major population centers and closer to sources of fuel due to their enormous power demands. Chevron and Engine No. 1’s chosen site is near the city of Pecos, close to the Texas-New Mexico border in the heart of the Permian Basin...
Broadcom (AVGO) is back in focus after reporting 106% year over year growth in AI semiconductor revenue and securing a five year, US$970 million software agreement with the U.S. Department of Defense. See our latest analysis for Broadcom. Despite the strong AI headlines, the 30 day share price return of 3.14% and 90 day share price return of 10.57% leave the stock below recent highs. At the same t...
Broadcom (AVGO) is back in focus after reporting 106% year over year growth in AI semiconductor revenue and securing a five year, US$970 million software agreement with the U.S. Department of Defense. See our latest analysis for Broadcom. Despite the strong AI headlines, the 30 day share price return of 3.14% and 90 day share price return of 10.57% leave the stock below recent highs. At the same time, the 1 year total shareholder return of 85.15% and 5 year total shareholder return of about...
Meta Platforms (META) continues to draw attention after recent share price weakness, with the stock down about 12% over the past month and 13% over the past 3 months, prompting fresh questions about valuation. See our latest analysis for Meta Platforms. That recent 12% 30 day share price decline and 13% 90 day share price decline contrasts with Meta Platforms' 3 year total shareholder return of ab...
Meta Platforms (META) continues to draw attention after recent share price weakness, with the stock down about 12% over the past month and 13% over the past 3 months, prompting fresh questions about valuation. See our latest analysis for Meta Platforms. That recent 12% 30 day share price decline and 13% 90 day share price decline contrasts with Meta Platforms' 3 year total shareholder return of about 169%, so recent momentum has faded even as long term holders remain well ahead. If you are...
Oracle is reportedly laying off thousands of employees, adding to an already long list of tech giants cutting staff while spending hundreds of billions of dollars on AI data centers.
Oracle is reportedly laying off thousands of employees, adding to an already long list of tech giants cutting staff while spending hundreds of billions of dollars on AI data centers.
Nio (NYSE:NIO), a smart electric vehicle maker, closed Tuesday at $6.03, up 9.44%. The stock advanced on strong technical momentum, optimism around March deliveries, and Nio’s first-ever quarterly profit. Investors are now watching to see if tomorrow’s March delivery numbers poin
Nio (NYSE:NIO), a smart electric vehicle maker, closed Tuesday at $6.03, up 9.44%. The stock advanced on strong technical momentum, optimism around March deliveries, and Nio’s first-ever quarterly profit. Investors are now watching to see if tomorrow’s March delivery numbers poin