Warner Bros stock price has been in a strong bull run this year, making it the best-performing company in the Nasdaq 100 Index. It has jumped to $27, up sharply from the year-to-date low of $7.5. Paramount and Netflix bidding war for Warner Bros The ongoing WBD stock price surge happened as the bidding war
Microsoft is betting big on India’s AI future. CEO Satya Nadella announced on Tuesday that the company will invest $17.5 billion over four years in the country, its largest investment ever in Asia. The announcement came after a meeting between India’s Prime Minister Narendra Modi and Microsoft CEO Satya Nadella. The money will flow into
Gold and silver prices fell on Tuesday as investors booked profits after a surge in the precious metals in the previous sessions. Oil prices eased slightly as concerns over oversupply intensified. Investors also booked profits after prices had hit a near two-week high on Monday. Base metals were largely flat from their previous close, with
Gold prices rose on Wednesday as traders anticipated another interest rate cut by the US Federal Reserve later this month. Silver eased from its record highs of more than $59 per ounce earlier in the day. But prices were still slightly higher than the previous close. Oil prices climbed as Russia said talks with the
More than a month has passed since Pemex CEO Victor Rodriguez invited national and foreign enterprises to join Mexico’s state-owned oil company in restarting production. At an energy event in Mexico City on October 23, Rodriguez made a direct appeal: Pemex was “open,” he remarked, encouraging corporations to submit bids. However, the call has mostly
As OPEC+ slams the brakes on output hikes after a modest 137,000 bpd increase in December—fearing a 2026 glut that could drag Brent below $60—analysts warn the cartel’s fragile unity is cracking under budget-strapped members’ pressure. In this exclusive Invezz interview, Igor Isaev, Doctor of Technical Sciences and Head of Analytics at Mind Money, predicts
ExxonMobil is set to discontinue operations at the older of its two steam crackers on Singapore’s Jurong Island starting in March, according to a Reuters report on Thursday. This move aligns with a broader trend in the global petrochemicals sector to cut capacity in response to industry losses. The wind-down, scheduled to begin in March
The British energy regulator has given its approval to a substantial £28 billion (approximately $37.33 billion) investment plan spanning the next five years. This significant financial undertaking is designed to fundamentally ensure the safety, security, and long-term reliability of the nation’s energy system. This massive investment is a central component of a broader, comprehensive upgrade
Escalating military tensions between the US and Venezuela are poised to significantly impact benchmark crude oil prices, as the Trump administration intensifies pressure on Nicolas Maduro’s regime and hints at the possibility of a US incursion. “The loss of Venezuelan volumes would likely result in stronger crude oil prices in the Pacific Basin, with China
Gold prices rose on Friday after the release of the US inflation data, which ignited fresh hopes for an interest rate cut by the Federal Reserve next week. Silver surged more than 3%, tracking gains in gold as a rate cut next week seemed imminent. Lower rates boost demand for unyielding assets such as gold