by Namrata Sen | May 18, 2026 | General
The closure of the Strait of Hormuz is causing a rapid depletion of commercial oil inventories, warns Fatih Birol, the chief of the International Energy Agency (IEA). Birol made these comments at the Group of Seven finance leaders meeting in Paris on Monday. He...
by Parshwa Turakhiya | May 18, 2026 | General
Strategy Inc. (NASDAQ:MSTR) purchased 24,869 Bitcoin (CRYPTO: BTC) for approximately $2.01 billion at an average price of $80,985 per coin last week, bringing total holdings to 843,738 BTC. Strategy Now Holds Over 4% Of Bitcoin Supply Strategy’s total Bitcoin holdings...
by Akanksha Bakshi | May 18, 2026 | General
Robo.ai Inc. (NASDAQ:AIIO) shares rallied in Monday’s premarket trading after the company said its subsidiary, Neurovia AI, will debut at the International Exhibition for National Security and Resilience (ISNR 2026) in Abu Dhabi. Robo.ai Expands AI Infrastructure Push...
by Lekha Gupta | May 18, 2026 | General
Phillips 66 (NYSE:PSX) shares are up during Monday’s premarket session. The company advanced its integrated wellhead-to-market strategy with the announcement of the Zeus Gas Plant and a third Coastal Bend Fractionator. These projects are expected to enhance gas...
by Henry Khederian | May 18, 2026 | General
Nokia Oyj (NYSE:NOK) shares are edging higher during Monday’s pre-market session as traders continue to weigh the latest UK patent-licensing court fallout and leadership changes against a slightly firmer Nasdaq tape. Here’s what investors need to know. Nokia stock is...
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