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Oil prices rose as attacks on commercial shipping increased concern about Middle Eastern supply routes, freight costs, insurance premiums, and potential delivery delays.
PepsiCo lowered its full-year earnings forecast after its North American turnaround took longer than expected, increasing concerns about growth, margins, and investor confidence.
Oil prices rose and Dow futures weakened after reports of a fresh tanker attack, renewing concerns about shipping security, inflation, energy supplies, and growth.
Amazon reportedly plans to eliminate nearly 1,000 corporate and professional roles across its stores division and other business units, while details remain unconfirmed.
Microsoft’s event highlighted the Surface Laptop Ultra, local Copilot AI, Windows integration, Nvidia technology, and RTX features, but key specifications remain unconfirmed.
The Red Magic 12 Pro+ reportedly features a transparent-style rear panel, flush-mounted cameras, an under-display camera, and liquid cooling ahead of its October 15 launch.