Brent Crude Hits $126 as Iran Tensions Threaten Global Oil Supply
Commodities Rebecca Torres

Brent Crude Hits $126 as Iran Tensions Threaten Global Oil Supply

Brent crude spiked above $126 a barrel on Thursday as traders priced in an extended Strait of Hormuz closure and potential US military action against Iran.

USO UNG XLE GLD
Capital One $425M Settlement: Payouts Set for July if No Appeal
Regulation James Calloway

Capital One $425M Settlement: Payouts Set for July if No Appeal

A federal judge approved Capital One's $425 million settlement over 360 Savings accounts, with automatic payments set for around July 27 if no appeal is filed.

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Indiana Gas Nears $5 as Refinery Snag and Strait Tensions Spike Prices
Commodities Rebecca Torres

Indiana Gas Nears $5 as Refinery Snag and Strait Tensions Spike Prices

Indiana's average gas price jumped to $4.417, with some stations hitting $4.99, as BP's Whiting refinery outage and Strait of Hormuz tensions rattle supply.

BP USO XLE
Carvana Shares Dip Despite Record Q1 Sales as Margin Pressure Returns
Earnings James Calloway

Carvana Shares Dip Despite Record Q1 Sales as Margin Pressure Returns

Carvana shares fell 1.8% despite record Q1 sales and profit, as gross profit per vehicle slipped to $6,783 from $6,938 a year ago.

CVNA KMX
Cigna Exits ACA Market, 369,000 Members Need New Plans for 2027
Markets Daniel Marsh

Cigna Exits ACA Market, 369,000 Members Need New Plans for 2027

Cigna Group will exit the ACA individual insurance market after 2026, affecting 369,000 members in 11 states who must find new coverage for 2027.

CI CVS
Satoshi Nakamoto Mystery Reignites as Adam Back Challenges New Documentary Claims
Crypto Sarah Chen

Satoshi Nakamoto Mystery Reignites as Adam Back Challenges New Documentary Claims

Adam Back challenges a new documentary's claims about Satoshi Nakamoto's identity and holdings, as Bitcoin trades near $76,000. The ongoing mystery continues to fuel crypto narratives.

COIN MSTR
Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed
Markets Daniel Marsh

Spirit Airlines Rescue Talks Stall as Bankruptcy Hearing Postponed

Spirit Airlines postponed its bankruptcy hearing as negotiations for a $500 million U.S. government rescue continue. Flights remain operational, but creditor opposition and surging fuel costs pose risks.

ULCC JBLU UAL
Caterpillar Earnings Propel Dow's 700-Point Surge Amid Mixed Market Signals
Markets Daniel Marsh

Caterpillar Earnings Propel Dow's 700-Point Surge Amid Mixed Market Signals

The Dow Jones surged nearly 700 points midday Thursday, led by a 10% jump in Caterpillar shares after strong quarterly results, while tech stocks lagged amid inflation concerns.

CAT AMGN MSFT META GOOGL LLY
Dow Surges 700 Points as Earnings Power Stocks Toward Best Month Since 2020
Markets Daniel Marsh

Dow Surges 700 Points as Earnings Power Stocks Toward Best Month Since 2020

The Dow Jones surged 700 points on Thursday, leading a broad rally as strong corporate earnings pushed major indexes toward their best monthly gains since 2020, shrugging off oil price concerns.

DIA SPY QQQ GOOGL AMZN MSFT CAT LLY NVO NFLX META AMZN AAPL
Hertz Launches Oro Mobility for Uber Robotaxi Fleet; Shares Jump 20%
Technology Sarah Chen

Hertz Launches Oro Mobility for Uber Robotaxi Fleet; Shares Jump 20%

Hertz shares surged 20% after launching Oro Mobility to manage Uber's robotaxi and human-driven fleets, starting with Lucid vehicles using Nuro self-driving tech in San Francisco.

HTZ UBER CAR
Royal Caribbean Beats Q1 Estimates, Fuel Costs Trim 2026 EPS View
Earnings James Calloway

Royal Caribbean Beats Q1 Estimates, Fuel Costs Trim 2026 EPS View

Royal Caribbean beat Q1 earnings estimates but trimmed its 2026 adjusted EPS outlook to $17.10-$17.50, citing higher fuel costs. Shares rose 8.7% after a rebound in bookings.

RCL CCL NCLH
Xerox Stock Jumps 43% on Q1 Beat, Lexmark Debt Looms
Earnings James Calloway

Xerox Stock Jumps 43% on Q1 Beat, Lexmark Debt Looms

Xerox shares soared 43% on Q1 revenue of $1.85B, beating forecasts thanks to Lexmark. But a net loss of $105M and rising interest expenses highlight ongoing challenges.

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