One by one, high-conviction trades on Wall Street are falling out of favor. USO, the biggest US ETF tracking crude oil, is on pace for its steepest monthly outflow since 2009. SOXX, one of the largest semiconductor funds, is poised for its second-largest weekly...

Intel Corp. shares hit a record high after the chipmaker delivered a sales forecast that shattered Wall Street expectations, showing that it’s finally benefiting from a boom in AI spending. Revenue will be $13.8 billion to $14.8 billion in the June quarter, the...

US consumer sentiment fell in April from a month earlier to a record low, reflecting worries around the economic fallout from the Iran war. The University of Michigan’s final April sentiment index dropped to 49.8 this month from 53.3 in March. While that was slightly...

The arid Persian Gulf is hardly the world’s breadbasket. Yet the conflict in the region is sending shockwaves through the global food industry — from growers to packaging firms and distributors — with major implications for food security and living standards. The war...

Procter & Gamble Co. reported stronger-than-expected results for its latest quarter, but warned that rising oil prices caused by the war in the Middle East could lead to additional costs of $1 billion in its next fiscal year. Organic sales, which strip out items...

In the opening hours of the U.S.-Iran conflict this March, a swarm of Iranian drones, each costing between $20,000 and $50,000, destroyed billions of dollars worth of American radar installations across the Middle East in a single afternoon. Replacing that hardware...

European corn hit its highest level in six weeks as concerns grow that surging fertilizer prices — a result of the war in Iran — may see planting areas drop. The most active futures contract in Paris rose as much as 1.6%, a fifth consecutive day of gains, and was set...

Global bond markets are heading for their worst week in a month as investors grow increasingly uneasy about a stalemate between the US and Iran. Yields climbed across major markets this week, with those on two-year US, German and UK bonds heading for the biggest...

Dow Inc., one of the world’s largest producers of petrochemicals, expects supply disruptions tied to the war in Iran to persist throughout the remainder of 2026, according to Chief Executive Officer Jim Fitterling. “The conflict in the Middle East has created...

Microsoft Corp. is offering voluntary retirement to thousands of its employees in the US. About 7% of the US workforce will be eligible for the buyouts, according to a person familiar with the planning. Microsoft has never previously done buyouts of this scale, said...

AI-linked stocks now make up nearly 45% of the S&P 500, a rise that shows how far the market has leaned into the artificial intelligence trade since late 2022, according to a Wednesday Goldman Sachs note. Nvidia (NASDAQ:NVDA) and other large AI names have helped...

The reflex to buy stocks is kicking back into gear.Market Snapshot Brent crude oil futures $104.02 +2.1% S&P 500 futures 7,134.00 -0.5% Stoxx Europe 600 Index 611.11 -0.5% South Korea Kospi Index 6,475.81 +0.9% US 10-year Treasury yield 4.32% +0.02 Market data as...

India, the world’s top importer of urea, has booked the nitrogen-based fertilizer at sharply higher prices than in a previous tender as the Middle East conflict disrupts supplies and pushes global benchmarks higher. Indian Potash Ltd., which imports the crop nutrient...