Oil Traders Don't Believe the Ceasefire and Their Prices Show It
Brent crude climbed on ceasefire hopes then fell as traders backed out when nobody signed anything.
Theo Kaplan
Bureau: San Francisco
SpaceX Files for IPO Targeting More Than $2 Trillion
SpaceX confidentially filed for what would be the largest IPO in history, targeting a valuation above $2 trillion and planning to raise up to $75 billion.
Kratos Defense Gets a Buy Rating as Hypersonics Drive a $14 Billion Pipeline
Jefferies upgraded Kratos Defense to Buy with an $85 price target, citing a $14 billion opportunity in hypersonics, missile propulsion and the Valkyrie drone program.
The Iranian Oil Sanctions Waiver Expires in 12 Days
The 30-day waiver allowing sale of Iranian oil at sea expires April 19, and Tehran has already said it has nothing to sell.
Easter Weekend Data Shows Whether the Strike26 Boycott Moved the Needle
Tesla reported a 6 percent sales rise in Q1 but missed analyst expectations -- the Easter weekend transaction data is the next test of whether the boycott has measurable teeth.
Value Stocks Beat Growth by the Biggest Margin in Years
Value stocks are outperforming growth by the widest margin in years as wartime money rotates into energy, defense and commodities.
Penguin Random House Sues OpenAI Over German Children's Book
Penguin Random House files copyright lawsuit in Munich alleging ChatGPT copied the beloved Coconut the Little Dragon series.