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Oil Surges Past $125 After OPEC+ Output Hike Amid Strait of Hormuz Closure
Global oil supply faces critical disruption as Strait of Hormuz closure traps 10M barrels daily.
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Buffett Warns of Peak Gambling as One-Day Options and Prediction Markets Surge
Warren Buffett calls one-day options pure gambling at Berkshire's annual meeting, as new CEO Greg Abel outlines a disciplined AI and portfolio strategy.
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Market Poised for Double-Digit Returns, AI Disruption Drives Growth
Veteran macro investor Jordi Visser forecasts strong stock market performance driven by AI disruption and semiconductor demand.
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Berkshire CEO Greg Abel Assures Shareholders in Post-Buffett Era
Greg Abel takes helm at Berkshire Hathaway with record cash, vows thoughtful investment and no bureaucracy.
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Powell Signals Cautious Fed Stance, Dampening Rate Cut Hopes Through 2026
Fed Chair Powell's cautious remarks suggest no rate cuts through mid-2026, with resilient economy and inflation concerns prolonging steady policy.
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Banco do Brasil Boosts Capital to $30B Amid Default Surge
Shareholders approved a capital increase to 150 billion reais as agricultural loan defaults hit 5.17%, signaling financial strain.
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Alphabet Stock Hits Record High on Strong Q1 Earnings and Ceasefire News
Alphabet's Q1 earnings beat expectations, driving its stock to a record high, as a US-Iran ceasefire announcement eased market concerns.
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Iran Oil Storage Nears Capacity, Tightens Global Supply
A US naval blockade has cut Iran's oil exports, pushing storage to capacity. A production cut may follow, driving WTI crude prices higher.