Oil price floor likely rising to $70/bbl, ConocoPhillips chairman says
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Copper steadies as AI-driven tech stock rally stalls near record
Copper futures declined 0.2% to $14 381.50 a ton on the LME at 2:16 p.m. in Singapore.
Original sourceMoneyweb↗
BAGANBAZAR GRAPHSource-attributed newsBUSINESS deskBusiness
The 5% bond yield reality
Sean Kelly of Parity Wealth navigates the new global hurdle rate and its impact on equities. ‘I think bonds deserve a much bigger seat at the table now, but it doesn't mean sell equities, buy bonds.’
Original sourceMoneyweb↗
BAGANBAZAR GRAPHSource-attributed newsBUSINESS deskBusiness
SpaceX in talks to borrow $40bn to buy Nvidia chips
In what would be among the biggest-ever debt financings for the AI buildout.
Original sourceMoneyweb↗