Author: Money Mechanics

is trading with a clear geopolitical overlay, as markets recalibrate risk exposure ahead of U.S.-Iran talks while acknowledging the growing military footprint in the Middle East. is up 0.3% at $70.79 a barrel and WTI is 0.3% higher at $65.59, a modest rebound after both benchmarks closed lower in the previous session on hopes that diplomacy could ease tensions. The prior pullback reflected tentative confidence that negotiations may reduce the probability of disruption. However, the continued build-up of U.S. military assets in the region has prevented a deeper correction, reinforcing a tangible risk premium in current pricing. Energy markets are…

Adam Breeden/ZDNETIt appears that Amazon’s third annual Big Spring Sale will return in 2026, despite the company not yet publicly sharing any dates or details. Early leaks from members of Amazon’s Seller Central platform, the web-based dashboard for third-party sellers to manage their business on the Amazon marketplace, detailed preparations for the upcoming sale event. The leaks suggest that Amazon’s spring savings event will return from March 25-31 this year.Also: Update your Echo speakers ASAP for Alexa’s most functional upgrade in decades – here’s howIn a Feb. 10 email, a PR representative for Amazon told ZDNET that we would be informed…

(Oil Price) – For decades, nuclear energy has been regarded as the black sheep of the energy universe, thanks to drawbacks such as high costs, risk of thermal runaway leading to catastrophic accidents as well as the hazardous by-products of nuclear plants. Nuclear waste is notorious for the fact that it can remain dangerously radioactive for many thousands of years. Currently, there are thousands of metric tons of used solid fuel from nuclear power plants worldwide and millions of liters of radioactive liquid waste from weapons production sitting in temporary storage containers. Thankfully, the world has just come closer to finding…

Broadcom Inc. (NASDAQ:AVGO) is one of Goldman Sachs’s top growth stock picks. On February 17, Cathie Wood’s ARK ETF disclosed that it acquired 24,205 shares of Broadcom Inc. (NASDAQ:AVGO), valued at about $7.87 million. This was after the fund divested $13.7 million worth of Teradyne Inc. (NASDAQ:TER) stock. Broadcom (AVGO) Draws Investor Interest Amid AI Growth Expectations Separately, on February 10, UBS analyst Timothy Arcuri reiterated a Buy rating and maintained a $475 price target on Broadcom. Arcuri cited accelerating demand for Broadcom’s custom AI chip products, specifically its Tensor Processing Units (TPUs). For that reason, he projected that Broadcom…

U.S. growth slowed more than expected near the end of 2025 as the government shutdown impacted spending and investment, while a key inflation metric showed high prices are still a factor for the economy, according to data released Friday.Gross domestic product rose at an annualized rate of just 1.4%, according to the Commerce Department, well below the Dow Jones estimate for a 2.5% gain. Consumer spending increased at a slower pace for the period while government spending tumbled sharply in a quarter marked by the record-length shutdown. The department estimated that the shutdown subtracted about 1 percentage point from growth,…

Tech giants’ efforts to ramp up AI adoption in India may be about to hit a turning point, as companies end free promotions with hopes to convert the world’s fourth-largest economy into a windfall of paid subscribers. India became the world’s largest market for generative AI app downloads in 2025, according to market intelligence firm Sensor Tower, widening its lead over the U.S. as installs jumped 207% year-over-year. Companies including OpenAI, Google, and Perplexity rolled out extended free premium offers to accelerate user growth in the price sensitive market. Leading AI firms have also backed India in its push to…

Last year, the initial public offering (IPO) landscape was dominated by names operating in tech, and specifically, fintech. But this year, the list of companies rumored to be seeking public listings spans sectors.   Beyond ChatGPT maker OpenAI, which MarketBeat profiled in November, and Elon Musk-led SpaceX on the list of private companies ramping up to go public, it is also rife with startups that—in many instances—are already household names.  Professional and amateur designers are already familiar with the graphic design platform Canva, and the company is rumored to be aiming for an IPO in the second half of the year,…

(Image credit: Getty Images)Stocks were positive on Tuesday with President Donald Trump prepared to deliver an annual address mandated by the U.S. Constitution and Nvidia CEO Jensen Huang on deck to report quarterly results as required by the Securities and Exchange Commission. Markets will heed the former on tariffs and trade, the latter on the AI revolution. Investors, traders and speculators, in a buying mood, bid up nine of 11 sectors.Markets set aside the debate about whether we’re in a constructive AI boom or a destructive AI bubble ahead of Nvidia’s (NVDA, +0.7%) turn on the earnings calendar after Wednesday’s…

Key Takeaways AMD CEO Lisa Su told CNBC in an interview Tuesday that she doesn’t see AI’s rise wiping out the need for human workers.“We have to figure out how to harness the power of the technology instead of being afraid,” she said. Get personalized, AI-powered answers built on 27+ years of trusted expertise. Worries about AI’s potential to disrupt industries and jobs have rattled markets lately. One big tech exec at the center of the change doesn’t see AI wiping out the need for human workers. “The idea that AI is going to replace everything, I am not a…

Stay informed with free updatesSimply sign up to the Equities myFT Digest — delivered directly to your inbox.Tech companies drove US stocks higher on Tuesday, as investors granted the software industry a reprieve after weeks of selling on fears that AI would decimate the sector. The S&P 500 ended the day up 0.8 per cent with the S&P tech sub-index up 1.2 per cent. The S&P software index rose 1.8 per cent but remains down by nearly 24 per cent on the year. Software stocks have been hammered in recent weeks as investors have fled sectors seen as vulnerable to…