On June 13, 2025, oil prices rose sharply following Israel’s airstrikes on Iran, which targeted military locations and nuclear sites. Brent crude shot up more than 9%, reaching around $75.65 per barrel, while U.S. West Texas Intermediate climbed about 9.5% to $74.47. This is the biggest single-day jump since the 2022 Russian-Ukrainian war. We all…
In a surprise move shaking up the tech world, Meta has signed a $14.3 billion deal involving Alexandr Wang, the young founder and CEO of Scale AI. If you’re wondering why this matters, here’s the short answer: Meta just made one of the boldest bets in the future of artificial intelligence. Wang isn’t just another…
On Thursday, June 12, a massive Google Cloud outage caused disruptions to various services worldwide. This issue began at about 10:51 a.m PT. It disrupted major platforms like Spotify, Discord, Snapchat, Character.AI, Shopify, and OpenAI. The ripple effects of this disruption were felt in the U.S., Europe, and Asia, as many of these platforms rely…
Starlink, founded by Elon Musk through SpaceX, is expanding its global reach. The company has obtained a license for satellite communication services in India. This is a big step in its goal to offer global broadband coverage. Starlink Entry into India Starlink’s entry into India is an important step in its global expansion plan. India’s…
Did you know that before prices go up at the store, they often rise for the people who make or sell the products first? The Producer Price Index, or PPI, keeps track of these early price changes. The PPI is a tool that tells us how much prices are changing for producers like factories, farms,…
Boeing stock slips sharply in recent sessions amid turbulence from both operational incidents and mixed signals in the options market. As investors scramble to interpret conflicting data, the stock is drawing attention not only for its headline drops but for how traders are positioning themselves in its options. Premarket drop after 787 Crash On June…
Today, GE stock dropped by 1.1%, catching the attention of investors. That might not sound like a huge fall, but for a company like GE Aerospace, even small moves matter. The company’s stock has been performing well lately. So when the stock takes a dip, we naturally ask, “Why?” We’ve seen how stock prices can…
Airbus has recently made a notable revision to its 20-year jet demand forecast, increasing its projection despite ongoing trade tensions and global uncertainties. This change reflects a shining future for the aviation industry. It also strengthens Airbus’ role in shaping air travel’s future. Airbus Revises Forecast Amid Geopolitical Challenges On Thursday, June 12, 2025, Airbus…
This week, stock futures took a hit. The Dow, S&P 500, and Nasdaq all slipped. Why? A big reason is the confusing signals coming from Donald Trump about trade. Trump has a long history of tough trade talk, especially during his time in office. Now, as he gets more involved in politics again, investors are…
New figures from the Office for National Statistics (ONS) reveal a worrying contraction in the UK economy, with GDP falling by 0.3% in April 2025, marking its sharpest monthly decline since October 2023. This slump deepens concerns over economic resilience amid global trade tensions and mounting domestic pressures. Why the Sudden Dip? April’s downturn comes…