Author: Money Mechanics

(Image credit: Getty Images)Crude oil prices collapsed and stock prices surged Friday after Iran declared the Strait of Hormuz “completely open” in a post on X, citing a ceasefire in Lebanon. The Nasdaq Composite is now on its longest winning streak since 1992, as the tech-heavy index and the S&P 500 hit new all-time closing highs, while the Dow Jones Industrial Average rallied to within another good day’s climb of its own fresh peak.Passage for all commercial vessels through the Strait of Hormuz is “open for the remaining period of ceasefire” between Lebanon and Israel, Iranian Foreign Minister Seyed Abbas…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.I am belatedly reading a book at the moment called The Subtle Art of Not Giving A F*ck (the asterisk is the choice of the book publisher). I’m only about halfway through, but the gist is that there’s value in embracing adversity, picking your battles and just not expecting the world to make you happy. Find fulfilment in the things you can control and that are important to you. Care less.I mention this not because I’ve turned my hand to self-help columns,…

Maria Diaz/ZDNETFollow ZDNET: Add us as a preferred source on Google.Deal details: Apple’s AirTag (Gen 1) 4-Pack is on sale for $60 (save $39) at Best Buy. A few weeks back, Apple launched a refresh to its tiniest gadget — the AirTag. The flagship tracker hadn’t been updated since its release, so the launch of the Gen 2 was a needed facelift. Since its 2021 debut, Apple’s original Bluetooth tracker has been used to monitor the location of all kinds of devices. People use the device to track their luggage through an airport, as well as their keys, bags, wallets, and other valuable items that are…

The mid-50s is retirement crunch time. You still have time to build your nest egg, but by now you should have a clear vision of what your golden years will look like. Will you age in place or relocate? Do you plan to keep working, or will you pivot to a hobby full-time?Every choice carries a price tag. To help gauge where you stand, JPMorgan crunched the numbers to create retirement savings benchmarks based on age and income. This model assumes a retirement age of 65, an annual gross savings rate of 5%, a portfolio of target-date funds and a…

3M (MMM) reported Q4 2025 adjusted EPS of $1.83, beating estimates by 2.23%, with revenue of $6.13B up 2.05% year-over-year and adjusted operating margin expanding 140 basis points to 21.1%, while completing its exit from manufactured PFAS products that had weighed on results. 3M’s Q1 earnings will test whether the company’s transformation is durable as tariff exposure of $0.20 per share could pressure margins, though the company’s innovation pipeline is accelerating with 284 new products launched in 2025 and management targeting 350 launches in 2026. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get…

In-brief analysis April 16, 2026 In our latest Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to increase as five LNG export projects start operations and ramp up production by the end of 2027. We also forecast increased natural gas pipeline exports, mainly to Mexico. In our forecast, net exports of U.S. natural gas (exports minus imports) grow 18% to 18.7 billion cubic feet per day (Bcf/d) in 2026. In 2027, net exports increase another 10% to 20.5 Bcf/d. We forecast that U.S. LNG exports rise 1.9 Bcf/d…

Key Takeaways Silver holds above the central pivot at 78.40 as real yields ease The active range spans 77.40 to 80.60, with repeated tests of the upper band US dollar softness and stable positioning support a controlled consolidation phase remains stable within its active range as the market absorbs the post- adjustment. The metal continues to respond to real yields and dynamics while maintaining a clear technical structure. Price action is orderly, and positioning remains consistent with a market that is consolidating after the recent move. The broader environment remains supportive for metals. Real yields have eased following the softer…

Uber launched a new feature on Friday that lets customers return purchased items without leaving their home. The new returns feature, which is accessed through the Uber Eats app, is the latest effort by Uber to add “stickiness” to its app by offering services that extend beyond its core ride-hailing and delivery businesses. There are limitations to the new service, and there is, of course, a courier fee. The return fee is calculated based on the courier’s time and distance, according to Uber. Customers can only send back eligible retail items purchased on Uber Eats, and they must comply with…

(Oil Price) – Higher oil and gas prices and volatile energy commodity markets are set to more than offset production losses from the Middle East at French supermajor TotalEnergies, which expects significantly higher upstream and LNG trading profits. In the early days of the war, TotalEnergies warned that the conflict had effectively shut in 15% of its global oil and gas output, while the now-offline barrels account for about 10% of the supermajor’s upstream cash flow. Oil and gas production for the first quarter of 2026 is expected to be in line with fourth quarter 2025, as start-ups in Brazil and Libya offset…

The space sector is having a standout year, and the momentum is only building. The Procure Space ETF (NASDAQ: UFO), the most widely followed benchmark for the sector, is up over 30% year to date, dramatically outpacing the broader S&P 500. And the catalyst is hard to miss. Reports of a SpaceX IPO, with a potential valuation near $1.5 trillion, have injected a fresh wave of excitement and institutional capital into space stocks. A SpaceX listing would be one of the largest IPOs in history and could act as a rising tide for the entire sector. At the center of…