Lucas Bennett

Oil prices and US Treasury yields reached a 1-month moving correlation coefficient of 0.96, the highest synchronization in approximately 7 years since June 2019, according to BMO Capital analysis reported on 14일(현지시간). The correlation intensified as Middle East geopolitical tensions pushed West

The Federal Reserve faces its September rate decision amid overwhelming market expectations for a hike, yet rate hold expectations persist according to expert analysis. Adam Posen, President of the Peterson Institute for International Economics, stated his confidence in a rate hold has diminished so

Latvia's national carrier airBaltic filed for Chapter 11 bankruptcy protection in the United States on Monday as soaring fuel prices and mounting debt push the airline into one of the biggest restructurings in its history. The airline voluntarily filed in New York and plans to continue operating

Michael Burry, the investor known as the real-life protagonist of the film 'The Big Short,' recommended shorting the U.S. dollar and investing in premium Bordeaux wine in a recent blog post. Burry warned that artificial intelligence (AI) and quantum computing will threaten digital assets in the

The Philippine Department of Energy (DOE) certified that Dubai crude oil prices averaged $99.41 per barrel from August 13 to September 11, exceeding the $80-per-barrel threshold under Republic Act No. 12316 and triggering consideration of fuel excise tax relief. The DOE transmitted its

Clover Health (CLOV) stock closed 6% higher at $5.10 on Monday, hitting its highest level in over two months. A Humana job posting revealed Counterpart Health among the insurer's strategic vendors ahead of Clover's presentations at the Jefferies Healthcare Services and Technology Conference on

Oracle initiated a fresh round of layoffs on Monday, Sept. 14, with affected US employees receiving termination emails designating Monday as their final working day. The layoffs stem from Oracle's effort to control costs while allocating resources to artificial intelligence infrastructure

Nokia Corp. (NOK) stock rose over 1% overnight after Rosenblatt initiated coverage with a Buy rating and a $15 price target, calling the telecom equipment maker an AI optical powerhouse trading at a conservative valuation. The firm sees Nokia benefiting from growing AI infrastructure demand as its b

IBK Securities held its 19th term second extraordinary shareholders meeting on the 15th, where two audit committee member appointment proposals were rejected due to minority shareholder opposition. The meeting, attended by 228 shareholders representing 93.78% of voting shares (118,339,156 shares), s