Media industry
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16 hours agoThe S&P's New High Is Anything but Blah | The Motley Fool
Netflix's Q1 2026 results showed a beat largely due to a one-time $2.8 billion fee, but growth appears to be slowing.
At 7:46 a.m. Monday, Doornbos had posted on X that Iranian officials were still considering a U.S. proposal to end the war, 'centering around uranium enrichment.'
Polymarket is reportedly in advanced talks to raise approximately $400 million in new funding at a post-money valuation of roughly $15 billion, according to a report published by The Information. The round has not been finalized, meaning terms could still change.
Gold spot prices reached $4,829 per troy ounce at the end of the week, marking a fourth consecutive weekly gain. COMEX futures closed at $4,879, up 1.48%, driven by Iran's Strait of Hormuz truce and U.S. dollar weakness.
Occidental's operational story is strong, with Q4 2025 production hitting 1,481 thousand barrels of oil equivalent per day, exceeding guidance, and the Permian Basin setting a record at 800 Mboed in Q3 2025.
Under the surface of soaring crude prices is the realization that the likelihood of Fed cuts later this year is quickly dwindling. Oil dominated the session. WTI crude has surged 33% over the past week, and Thursday added another 9.7% as Iran's new Supreme Leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed.
The Invesco DB Commodity Index Tracking Fund (NYSEARCA:DBC) is up 42% over the past year, and nearly 29% year-to-date. These gains reflect a war that has scrambled global commodity supply chains from crude oil to wheat to fertilizer.