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S&P 500 Notches Ninth Straight Weekly Win as Nasdaq Surges 8% in May: Three Forces Behind the Rally
The S&P 500 closed May at 7,580 with a nine-week winning streak as Iran ceasefire hopes, a blockbuster Dell earnings report, and relentless AI enthusiasm drove markets to record highs.
Strait of Hormuz Oil Exports May Never Fully Recover to Pre-War Levels, Analysts Warn
Even as US-Iran ceasefire talks advance, analysts warn that oil tanker traffic through the Strait of Hormuz may never return to pre-war levels due to mine risks, infrastructure shifts, and lasting shipper anxiety.
Iran Finally Plans 'Grand' State Funeral for Khamenei Three Months After US-Israeli Strike Killed Him
Iran is laying groundwork for a grand state funeral for Supreme Leader Ali Khamenei, killed in the US-Israeli strikes of February 28, more than three months after his death.
Nvidia Bets $6.5 Billion on Silicon Photonics to Solve AI's Copper Bottleneck
Nvidia has committed $6.5 billion to silicon photonics companies since March 2026, backing Lumentum, Coherent, Marvell, Corning, and Ayar Labs to replace copper interconnects with light-based data transfer in AI data centers.
Dell Records Best Day in Company History as AI Server Revenue Surges 757% in One Quarter
Dell Technologies stock surged 32% on Thursday, the company's best single-day performance ever, after Q1 FY2027 earnings revealed AI server revenue of $16.1 billion, up 757% year over year.
Israel's Military Machine on Full War Footing: IDF Prepares for Iran Escalation Without Advance Notice
The IDF has entered a structured war-preparation posture as Chief of Staff Eyal Zamir orders immediate readiness across all branches for potential Iran conflict without prior warning.
European Firms Are Deepening China Ties Despite EU Pressure to Pull Back
New data shows the majority of European companies are maintaining or expanding manufacturing in China, defying EU de-risking policy goals as automation, cost advantages, and supply network depth keep multinationals committed to Chinese production.
China's Industrial Profits Surge 24.7% in April, Fastest Growth in Two Years
China's factory sector recorded its sharpest profit growth since late 2023 in April 2026, driven by AI-linked exports, electronics demand, and mining gains, even as domestic consumption remains soft.
Rubio Says Iran Deal Is Days Away as US Strikes Complicate Ceasefire Talks
US Secretary of State Marco Rubio says a ceasefire extension and Strait of Hormuz deal with Iran is days away, even as US military strikes and Iranian threats complicate the talks.
UK Household Energy Bills Set for 'Deeply Unwelcome' 13% Hike as Iran War Oil Shock Bites
Ofgem announced a 13% rise in the UK energy price cap starting July 2026, driven by the Iran war's disruption of global energy markets, pushing gas bills up 24% for British households.
Robinhood Launches AI-Powered Agentic Trading and a Credit Card for AI Agents
Robinhood has launched agentic trading accounts and a virtual credit card for AI agents, letting users delegate stock trades and purchases to autonomous AI with 3% cash back.
Israel Pushes Beyond the Yellow Line: IDF Expands Ground Operations in Lebanon to Counter Hezbollah Drones
Israel's military has crossed the April 17 ceasefire Yellow Line in southern Lebanon, expanding ground operations as Hezbollah drone attacks intensify and IDF casualties rise.