Finance - Page 2
181 articles in this category
FinanceBrent Crude Hits $88 as U.S. Airstrikes Hit Iranian Infrastructure
Brent crude reached $88 per barrel after U.S. airstrikes on Iranian infrastructure paralyzed oil tanker traffic through the vital Strait of Hormuz today.
FinanceStrait of Hormuz ship traffic drops to eight amid US airstrikes
Only eight ships crossed the Strait of Hormuz on Thursday following U.S. airstrikes, down from 15 vessels as reported by data intelligence firm Kpler today.
FinanceSpaceX Shares Fall to $131 After Starship Test Abort in Texas
SpaceX shares fell to $131.11 after an engine failure forced the company to abort the 13th Starship test flight at its Starbase facility in Texas today.
FinanceSpaceX shares close at $131.11, falling below $135 IPO price
SpaceX shares closed at $131.11 on Thursday, falling below the $135 IPO price for the first time since the company began trading on the market June 12.
FinanceBrent Crude Oil Prices Fall to $84.64 per Barrel
Brent crude oil prices dropped to $84.64 per barrel on July 16, 2026. This reflects a $1.28 decrease from the previous day in global energy market trading.
FinanceUS-Iran Tension at Strait of Hormuz Risks Global Tech Supply Chain
Rising tensions between the US and Iran at the Strait of Hormuz threaten global tech supply chains, potentially disrupting energy flow to server farms.
FinanceU.S. to Impose 25% Tariff on Brazilian Imports Starting July 22
The U.S. government will impose a 25% tariff on most imports from Brazil starting July 22 following an investigation into unfair trade practices by the USTR.
FinanceSpaceX stock falls below $135 IPO price for first time
SpaceX stock dropped to $134 on Wednesday, falling below its $135 IPO price for the first time since the aerospace company debuted on the market last month.
FinanceDTCC Tests Tokenized Assets With 25 Firms in Market Trial
The DTCC completed a financial trial involving 25 firms to test tokenized assets, aiming to modernize post-trade processing for global market securities.
FinanceUS Inflation Falls to 3.5% in June, Largest Drop Since 2020
The Bureau of Labor Statistics reports US inflation fell to 3.5% in June, the largest monthly decrease since April 2020, driven by lower energy costs.
FinanceSpaceX Hits $2 Trillion Valuation in Record-Breaking IPO Debut
SpaceX reached a $2 trillion valuation during its June 12, 2026, IPO. Shares hit $225 before dropping, leaving early investors with significant losses today.
FinanceUS-Iran Tensions Near Strait of Hormuz Threaten Global Markets
US-Iran military tensions at the Strait of Hormuz disrupt global trade routes, forcing a sharp rise in oil prices as regional conflict continues to grow.