Sarah Jenkins

Markets

Saudi strikes Houthis in Yemen after Red Sea tanker attacks

Saudi-led forces hit Houthi military targets after tanker claims, raising risks for Red Sea shipping and regional energy routes.

By Sarah Jenkins · 2 months ago

Markets

Tesla SpaceX stock slump erases $130 billion from Musk wealth

Tesla fell 18% and SpaceX lost 7.2% this week, CNBC reported, as spending concerns and a delayed Starship test hit Musk-linked sto...

By Sarah Jenkins · 2 months ago

Markets

Treasury yields and mortgage rates rise as inflation worries persist

The 10-year Treasury yield reached about 4.7%, lifting mortgage and auto borrowing costs as inflation concerns pressure households...

By Sarah Jenkins · 2 months ago

Markets

Paramount WBD acquisition delay could run until June 2027

Paramount Skydance agreed to postpone its Warner Bros. Discovery deal amid a legal challenge, a delay CNBC said will lift the pric...

By Sarah Jenkins · 2 months ago

Markets

Strait of Hormuz traffic odds fall below 50% for July 2027 normalization

Kalshi contracts put July 2027 normalization at 47% after further U.S. strikes on Iranian targets and wider Red Sea tensions.

By Sarah Jenkins · 2 months ago

Markets

Sell chips, buy software trade returns as chip stocks drag Nasdaq

Semiconductor shares fell sharply while software names advanced, with Salesforce lifted by a $1.6 billion VA contract.

By Sarah Jenkins · 2 months ago

Markets

What is a basis point? How to convert basis points to percentages

A basis point is one-hundredth of a percentage point, a small unit used to describe changes in rates, yields and fees clearly.

By Sarah Jenkins · 2 months ago

Markets

OpenAI Hugging Face attack was contained using Chinese AI model

Hugging Face used Z.ai’s GLM 5.2 after hosted frontier models blocked its forensic work, adding fuel to U.S.-China AI policy debat...

By Sarah Jenkins · 2 months ago

Markets

Rheinmetall gunpowder expansion targets Europe’s ammunition shortage

Rheinmetall plans to lift Bavarian gunpowder output to 4,200 tons by 2028 as Europe tries to rebuild ammunition stocks.

By Sarah Jenkins · 2 months ago

Markets

Tech wealth lifts auction house sales to nearly $10 billion

Sotheby’s and Christie’s posted sharply higher first-half sales as AI, IPO and equity wealth pushed buyers into rare collectibles.

By Sarah Jenkins · 2 months ago

Markets

Trump attack on Iran under review as oil heads for weekly gain

Trump told Axios he is close to deciding on larger Iran strikes, while Tehran warned the UK over U.S. use of British bases.

By Sarah Jenkins · 2 months ago

Markets

10-year Treasury yield retreats after touching January 2025 high

The 10-year Treasury yield eased to about 4.69% after oil-driven inflation concerns pushed it above 4.7% a day earlier.

By Sarah Jenkins · 2 months ago