"The markets are returning some of yesterday's gains as reality sets in on the fragility of the ceasefire deal between the U.S. and Iran. Oil prices are rising back to the psychologically sensitive $100/barrel level on reports the Strait of Hormuz remains blocked, sending stocks lower."
"The U.S. economy ended 2025 on a softer note than thought. Q4 GDP was revised down to a 0.5% annualized pace, missing the 0.7% estimate and falling well short of the 4.4% growth seen in Q3, according to the Commerce Department."
"Intel and Google are joining forces on a multi-year collaboration to advance the next generation of AI and cloud infrastructure, with Intel's Xeon processors continuing to power Google Cloud workloads alongside expanded co-development of custom infrastructure processing units."
"Amazon Pharmacy wants to get Eli Lilly's newly approved GLP-1 pill Foundayo drug into patients' hands, offering same-day delivery in close to 3,000 U.S. cities."
The markets are experiencing fluctuations as the ceasefire deal between the U.S. and Iran shows signs of fragility. Oil prices are approaching $100 per barrel due to reports of the Strait of Hormuz being blocked. The Dow Jones Industrial Average is down 0.40%, while the Nasdaq Composite remains flat. The U.S. economy's Q4 GDP growth was revised down to 0.5%, missing estimates. Jobless claims have risen above expectations. Major tech companies are collaborating on AI infrastructure, with significant investments from Meta and Amazon in healthcare delivery.
Read at 24/7 Wall St.
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