Shell's Profit Just Hit a Two-Year High, and the Iran War Is Why
The oil giant posted $6.92 billion in Q1 earnings, crushed analyst forecasts, and is now buying Canada's ARC Resources for $16.4 billion — all while the Strait of Hormuz keeps burning.
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Bitcoin Settles Near $79,950 as the Post-Halving Rally Finally Slows.
The largest cryptocurrency is trading at roughly $79,952 on Coinbase, with Ethereum at $2,290 and Solana at $89.70 — a calmer tape that traders say reflects both macro fatigue and war-driven risk aversion.
US Jet Fuel Could Flow into Europe to Ease Summer Supply Crunch.
A leading international aviation body says wider acceptance of American-grade fuel could prevent shortages during the peak travel season.
The US Economy Added 115,000 Jobs in April, Which Is the Most Surprising Thing That Happened This Week.
Despite a closed Strait of Hormuz, a gasoline shock, and a shooting war in the Gulf, American payrolls beat every economist forecast for the second month running.
Big Tech spent $725 billion on AI last year. Their free cash flow just hit a decade low.
The companies that once printed money by selling ads and cloud subscriptions are now building power plants and chip factories, fundamentally altering the financial profile of the world's most valuable corporations.