Pbf Energy Inc-Class A

Amazon has claimed the top spot on the 2026 Fortune 500, ending Walmart's 13-year run and signaling a shift in corporate power driven by e-commerce, cloud computing, and healthcare.

Amazon unseats Walmart as Fortune 500 No. 1, breaking a 13-year streak. Erie Insurance rises, New Jersey boasts 15 firms, and New England has over 20 companies on the list.

Oil prices climbed Thursday as traffic through the critical Strait of Hormuz stayed severely constrained, with only seven vessels transiting in 24 hours. Brent crude rose 1% to $95.65, while WTI surged 3.2% to $97.39.

U.S. retail gasoline prices climbed sharply as Middle East tensions disrupted oil shipments through the Strait of Hormuz, lifting fuel stocks and prompting major banks to raise crude price forecasts.