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Chip companies and other AI winners drag Wall Street lower again, while crude oil prices rise

Chip companies and other AI winners drag Wall Street lower again, while crude oil prices rise

Stocks of computer chip companies and other winners of the artificial-intelligence boom are turning back lower and dragging Wall Street with them

The Latest: Hegseth estimates Iran war has cost $37.5B so far

The Latest: Hegseth estimates Iran war has cost $37.5B so far

Defense Secretary Pete Hegseth says the Iran war has cost $37.5 billion, so far

Wall Street heading for losses as oil prices spike on US-Iran escalation

Wall Street heading for losses as oil prices spike on US-Iran escalation

Stock futures on Wall Street were declining early Wednesday and oil prices jumped 4% as the United States and Iran exchanged fire across the Middle East

Oil prices rise to six-week high as US-Iran tensions escalate

Oil prices rise to six-week high as US-Iran tensions escalate

By Arathy Somasekhar July 23 (Reuters) - Oil prices rose more than 1.5% to their highest in more than six weeks on Thursday, with the United States launching a new round of strikes on Iran and Yemen's Houthis targeting oil tankers in the Red Sea.

Attacks between US and Iran across Mideast overshadow efforts to keep diplomacy alive

Attacks between US and Iran across Mideast overshadow efforts to keep diplomacy alive

Diplomats are seeking to salvage the collapsed interim deal between Iran and the United States even as both countries continued to launch attacks in a 10th day of renewed fighting

ECB to pause rate hikes but signal that more may be needed

ECB to pause rate hikes but signal that more may be needed

By Balazs Koranyi and Francesco Canepa FRANKFURT, July 23 (Reuters) - The European Central Bank is all but certain to keep interest rates unchanged on Thursday but will hold the door wide open to another rate hike in September, as a fresh jump in energy prices threatens to put more upward pressure

US bombing of Iran expands as Tehran retaliates against the Gulf states

US bombing of Iran expands as Tehran retaliates against the Gulf states

The United States has conducted a new round of airstrikes targeting Iran after announcing the death of another American service member

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street points toward gains as AI-focused companies recover some of last week's losses

Wall Street pointed toward gains before the opening bell with chip and memory companies leading the way, while oil prices rose again as the U.S. and Iran exchanged more attacks

More US strikes start up against Iran

More US strikes start up against Iran

The U.S. military is carrying out its tenth consecutive night of strikes on Iran to reopen the Strait of Hormuz

AI stocks gather more strength, even as Brent oil's price tops $90

AI stocks gather more strength, even as Brent oil's price tops $90

More gains for makers of computer chips and other winners of the artificial-intelligence boom are carrying Wall Street higher

US strikes Iran for 10th consecutive night as Tehran strikes tanker in the Strait of Hormuz

US strikes Iran for 10th consecutive night as Tehran strikes tanker in the Strait of Hormuz

Iran has attacked a tanker in the Strait of Hormuz, forcing its crew to abandon the ship

Expansion of US strikes on Iran leads to more retaliation across the Gulf

Expansion of US strikes on Iran leads to more retaliation across the Gulf

The United States has conducted a new round of airstrikes targeting Iran after announcing the death of another American service member