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Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
Iran and Oman are reportedly in the final stage of talks on a temporary safe route in the Strait of Hormuz, with Iranian officials saying an agreement could come in coming days.
US Energy Secretary Chris Wright said a nuclear agreement with Iran may never happen, adding that the United States is degrading Tehran's nuclear capacity and will work with regional allies.
Marvell Technology shares were down 1.33% at $203.74 in premarket trading Thursday as investors rotated away from elevated valuation technology stocks.
FAA is proposing permanent Special Air Traffic Rules restricting aircraft operations in the airspace around President Trump’s Mar-a-Lago resort in Palm Beach, Florida, after a Secret Service request.
Alibaba reported fiscal first-quarter 2027 revenue of $39.64 billion, up 9% year over year and above the $38.63 billion estimate, while adjusted earnings per ADS fell 42% to $1.26, missing expectations of $1.85.
Diesel refining margins surged to about $100/bbl on Tuesday after reaching $102/bbl on Monday, according to Bloomberg, as the Iran war tightens global fuel supplies.
President Donald Trump said Americans would keep grappling with high gasoline prices amid the war with Iran, while GasBuddy’s Patrick De Haan said consumers are paying $2.35 billion more each week.
France’s CAC 40 hovered near flat around 8,687 as investors weighed reports of a potential US-Iran ceasefire extension against still-elevated tensions and softer-than-expected US inflation.
The New Zealand dollar hovers around $0.585, its lowest level in two weeks, as the greenback firms and market pricing shifts after a subdued US consumer inflation report.
Brent falls toward $88 per barrel after a six-day advance as investors weigh deadlocked US-Iran negotiations over reopening the Strait of Hormuz and IEA/EIA signals for supply and inventories.
Crude oil falls below $83 per barrel on Thursday, snapping a five-day advance as investors weigh deadlocked Strait of Hormuz talks and updated Iran pressure measures, while IEA flags a 1.8 million bpd quarterly deficit.
US inflation reading comes in as expected, lifting stocks and bonds
Trump says the US has total control over the Strait of Hormuz
US President Trump says the US has total control over the Strait of Hormuz
Trump says the US has total control over the Strait of Hormuz and will keep it
Trump says US has total control over the Hormuz Strait and does not trust Iran
President Donald Trump ‘s former counterterrorism chief, Joe Kent, hailed the announcement that the U.S. would halt strikes on Iran, saying the move could open the door to movement of vessels through the Strait of Hormuz. US Can’t Use Military Force to Reopen Strait of Hormuz In a post on the social media platform X on
Asian markets experience volatility amid concerns over memory pricing power, leveraged retail investors, and currency fluctuations, with Kospi and Nikkei showing mixed performance