Some see record oil production and more alternative routes for delivery once the Strait of Hormuz fully opens.
Business
Saudi Aramco’s CEO may be too downbeat about the road to restocking global oil supplies
Related
Business
Microsoft’s blazing stock comeback isn’t even close to being over, analyst says
Microsoft looks like a winning play in an environment where investors are looking for safer bets on the AI trend, according to Melius Research.
Business
Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017
Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some relief as investors continue to embrace the debasement trade.
Business
Umia raises $6.1 million at $18 million FDV to help crypto projects launch tokens
Umia raised $6.11 million through a seven-day auction of its UMIA token, with ten funds and nearly 700 individual bidders taking part.
Business
SpaceX’s stock could actually be a bargain, according to this metric
The stock is expensive when valued solely by operating profit, but SpaceX is cheaper than Meta and Alphabet when you bring growth into the mix.