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Weekend Round-Up: Uber's Japan Expansion, Ford's Production Shift and More
This week was buzzing with news from the tech and auto industries. From Uber's expansion in Japan to Ford's production shift, there was no shortage of headlines. Here's a quick recap of the top
Divergent narratives on strait control: Trump vows to "seize" the Strait of Hormuz, while Iran claims to have reached an agreement with Oman on passage arrangements
Iran announced that it has reached an agreement with Oman on a new shipping lane in the Strait of Hormuz. However, the Foreign Minister drew a clear line, stating that this is distinct from the reopening of the strait, which depends on whether the United States can fulfill its conditions. Just one day earlier, Trump had threatened to "soon declare the Strait of Hormuz as U.S. territory," prompting Iran to issue a stern rebuttal, describing such remarks as "entirely stemming from his personal delusions." Experts commented that the current dynamic between the U.S. and Iran reflects a situation where "both sides appear to be taking the lead, yet neither can achieve exclusive dominance."
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.Investors are
Stanley Druckenmiller Bets Big on AMZN, AMD — Dumps AVGO, INTC and MU in Q2
Stanley Druckenmiller's Duquesne Family Office reshuffled its portfolio in the second quarter, boosting exposure to Amazon.com, Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD),
Here's How Much You Would Have Made Owning Fastenal Stock In The Last 10 Years
Fastenal (NASDAQ:FAST) has outperformed the market over the past 10 years by 3.11% on an annualized basis producing an average annual return of 16.61%. Currently, Fastenal has a market
Dan Loeb's Third Point Adds SpaceX; Exits Nvidia; Cuts Stake in Amazon Among Q2 Moves