Japan Stocks Tumble After BOJ Holds Rates, Oil Prices Rise

Japanese stocks slumped for a third week, the longest losing streak since April, as oil prices surged following renewed attacks on energy infrastructure in the Middle East. The Bank of Japan kept interest rates on hold as expected at a policy meeting. The Nikkei 225...

World’s Largest LNG Plant Suffers Extensive Damage, Qatar Says

A Qatari complex housing the world’s largest liquefied natural gas export plant suffered “extensive damage” amid a sharp escalation of attacks on energy facilities across the Persian Gulf. The Ras Laffan Industrial City, home to the LNG plant that accounted for about...

Tiny AI Drone Technology Company Surges 1,000% in Two Days

Artificial intelligence drone software maker Swarmer Inc.’s shares have surged 1,000% in two days, making it the best debut for a US stock in nearly a year. The Austin, Texas-based company’s shares closed up 77% to $55.00 on Wednesday, after closing up 520% on...

Norway’s Wealth Fund Warns of AI Bubble and Geopolitical Risks

The convergence of an AI bubble and geopolitical risks pose the greatest threat to global markets, according to Nicolai Tangen, chief executive officer of Norway’s $2.1 trillion sovereign wealth fund. The agency identified an AI bubble as a major risk scenario,...

Stock Traders Are Facing Burnout From Tech Angst, Study Shows

Technology problems are causing a bigger headache for US stock traders than their stressful hours or the pressures to generate higher returns. Just over half of US traders surveyed by Crisil Coalition Greenwich said internal tech issues were their biggest source of...