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Oil Prices Suffer Steep Weekly Losses as Investors Weigh US-Iran War Risks After Midterms

by Mohd Haider | Nov 7, 2026 | General

Brent crude and U.S. West Texas Intermediate (WTI) futures recorded steep weekly losses despite ending Friday slightly higher, as investors weighed renewed military tensions between Washington and Tehran following the U.S. midterm elections. Brent crude gained 3 cents...

Mark Zandi Says Strong Jobs Report Gives Fed ‘Latitude To Raise Rates’ as He Sees ‘Very High Probability’ of December Hike

by Tanya Rawat | Nov 7, 2026 | General

Moody’s Analytics Chief Economist Mark Zandi said the stronger-than-expected October jobs report gives the Federal Reserve “latitude to raise rates.” Zandi spoke Friday in an interview on CNBC’s “Closing Bell: Overtime”. The Bureau of Labor...

Trump Says Iran’s Nuclear Program Was ‘Obliterated,’ But His Administration Is Now Offering $20 Million to Learn More: ‘Send Us A Tip’

by Ananya Gairola | Nov 7, 2026 | General

The Donald Trump administration is seeking fresh intelligence on Iran’s nuclear facilities, equipment and personnel, raising questions about how much of the country’s nuclear infrastructure survived U.S. military strikes. US Offers $20 Million Reward for Iran Nuclear...

‘Another Failure For Tesla’: Ross Gerber Slams Elon Musk Amid Cybertruck Shutdown Plans, Gary Black Calls It a ‘Missed Opportunity’

by Ananya Gairola | Nov 7, 2026 | General

On Friday, Tesla Inc. (NASDAQ:TSLA) drew criticism from investor Ross Gerber after Elon Musk announced plans to wind down Cybertruck production. Ross Gerber Calls Cybertruck Another Tesla Failure Gerber, co-founder, president, and CEO of Gerber Kawasaki Wealth &...

Microsoft Reportedly Looks to Cut Reliance on Some Neocloud Partners, Plans to Prioritize Its Own Data Centers

by Mohd Haider | Nov 7, 2026 | General

Microsoft Corp. (NASDAQ:MSFT) is reportedly scaling back its reliance on third-party AI cloud providers, putting its own data centers first in a move that raises fresh questions for the debt-heavy neocloud sector. Microsoft is still evaluating which neoclouds to drop,...

OpenAI CFO Sarah Friar Isn’t Letting Midterm Voter Backlash Derail AI Data Center Spending, Says Company Will ‘Build Trust’ With Communities

by Ananya Gairola | Nov 7, 2026 | General

OpenAI CFO Sarah Friar said the company will keep pouring money into artificial intelligence (AI) infrastructure despite growing public opposition to data centers and a sweeping voter rebuke of new developments in the midterm elections. OpenAI Doubles Down On Data...
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