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UBS raised its December oil price forecast by $5 a barrel, citing continued inventory declines and escalating attacks in the Strait of Hormuz. It now sees Brent at $100 a barrel by year-end and WTI at $96.
Southwest Airlines is launching a plugin in ChatGPT that lets users discover and shop for flights through OpenAI's chatbot. The carrier says the move is designed to surface its flights earlier as travel booking shifts toward chatbots.
J.P. Morgan said it welcomes Porsche’s medium-term cash conversion targets, linking them to pricing and product-mix discipline and ongoing shareholder remuneration. The bank reiterates an overweight rating and set a 50 euro price target as Porsche shares fell 0.2% to 42.45 euros.