Oil prices saw a sharp rise Thursday. Brent crude reached over $116 a barrel. This followed Iran’s attacks on energy facilities across the Middle East. Israel had previously struck Iran’s South Pars gas field. These events mark a significant escalation in the ongoing conflict. The U.S. Federal Reserve maintained steady interest rates.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while
October 29, 2026