U.S.-Iran Talks Stall as Oil Surges, Stock Rally Falters
Stalled U.S.-Iran peace talks send oil above $97 per barrel, stalling the Wall Street rally on Monday as investors brace for the Federal Reserve’s policy meeting this week.
Stalled U.S.-Iran peace talks send oil above $97 per barrel, stalling the Wall Street rally on Monday as investors brace for the Federal Reserve’s policy meeting this week.
A car bomb detonated outside a police station in Dunmurry, Northern Ireland. Chief Constable calls the attack ‘deliberate, reckless and stupid,’ with dissident republican group New IRA suspected. Incident treated as attempted murder.
Armed gunmen attacked an orphanage in Kaduna State, Nigeria, abducting 23 children; 15 have been safely rescued.
OpenAI has terminated its exclusive cloud services agreement with Microsoft, establishing new partnerships with Amazon AWS and Google Cloud, reshaping the AI industry landscape as Microsoft shares fall over 5%.
Meta has signed an agreement with space-based solar startup Overview Energy to beam infrared light from 1,000 geosynchronous satellites to terrestrial solar farms, powering AI data centers through the night.
Iran is seeking an agreement to lift its blockade of the Strait of Hormuz, which would delay nuclear negotiations, while continuing intensive diplomatic outreach in Russia.
The Federal Reserve is widely expected to hold rates steady at its April meeting as Iran-related risks drive inflation concerns and the potential Powell-to-Warsh transition adds uncertainty.
Piracy off the Somali coast has sharply escalated, with at least four vessels hijacked in suspected incidents over the past week, prompting the UK Maritime Trade Operations to raise the threat level to ‘substantial.’
Analyst Ming-Chi Kuo reports that OpenAI is collaborating with MediaTek, Qualcomm, and Luxshare on a smartphone that may replace traditional apps with AI agents.
China’s NDRC has formally blocked Meta’s $2 billion acquisition of Manus, an agentic AI startup founded by Chinese engineers that relocated to Singapore.