Crude oil prices surged above $115 a barrel as the US and Iran exchanged fire, disrupting a ceasefire and raising concerns about escalating Middle East tensions. This renewed conflict threatens to inject volatility into markets, impacting energy prices, industrial activity, and geopolitical risk premia.
AMD shares jump 13% as AI chip demand lifts strong results
Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI