Oil Prices Rise as Wall Street Swings to Doubt on Iran Talks
Doubt is taking over again on Wall Street from hope about a possible end to the war with Iran, and stocks are back to sinking as oil prices rise.
More in Transport
Clear Secure Analyst Says Firm Emerging as Winner From TSA Chaos
While record-breaking airport wait times may be frustrating travelers and disrupting vacation plans across the country, the chaos has been a boon for security firm Clear Secure Inc., which has been counting on desperate passengers to boost to its membership numbers, according to analysts at DA Davidson & Co.
Meta and Google Found Liable; Corebridge and Equitable Merge; Pony AI Swings to Profit
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Corebridge Financial and Equitable Holdings to combine in an all-stock merger, valuing the combined company at approximately $22 billion. - Meta Platforms Inc. and Alphabet Inc.’s Google must pay damages to a 20-year-old woman who said her addiction to social media caused her mental health struggles, a jury concluded in a landmark decision that could signal hefty risks for the companies as they fight thousands of similar claims. - Pony AI Inc. delivered its first profitable quarter ever, bolstered by a windfall from an early investment, rather than its main robotaxi business. (Source: Bloomberg)
Iran War Is Pushing Consumers to Break Up With Fossil Fuels
Consumers are responding to one of the largest disruptions in global oil markets by embracing low-carbon technologies that promise to lower gas and power bills.
Pony AI Delivers First-Ever Profitable Quarter
Pony AI has set a goal of deploying robotaxis with partners in more than 20 cities worldwide this year.
More from Pivot News
Fact or fiction: Exploring the reality of AI in payments testing
Exploring the expectations and realities of AI in payments testing.
Patch and perish: The hidden risks of incremental payment modernisation
What strategic capabilities must executives invest in now to prevent today’s rising real-time volumes from becoming tomorrow’s systemic or reputational failures?