2023 Amid Oil Market Volatility
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U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Puma Confirms Outlook Despite Continued Volatility
Puma forecast an operating result of €620 million-€700 million for 2024, with analysts suggesting it should achieve sequential sales growth helped by some major sporting events.The Wall Street Journal - Business -
Oil Rises, Aided by Unexpected Drop in U.S. Inventories
Oil rose in the morning Asian session, aided by the Energy Information Administration’s report on Wednesday that showed a decline of 1.4 million barrels for the week that ended May 3.The Wall Street Journal - World -
Paul Skenes debut: Pirates' top prospect, No. 1 pick in 2023 MLB draft, promoted to majors
CBS Sports ranked Skenes as the top pitching prospect in the minors entering the seasonCBS Sports - Sports - MLB -
Pakistani security forces kill 6 militants in twin raids in volatile northwest near Afghanistan
Pakistan's military says its security forces have killed six militants in twin raids in the volatile northwest region bordering AfghanistanABC News - World - Pakistan -
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Oil prices end higher after dipping to eight-week lows as U.S. crude supplies fall
Oil futures settled higher on Wednesday, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.MarketWatch - Business -
Lone Pine Capital Resumes Private-Market Investments
Investment firm Lone Pine Capital resumed backing private companies, more than two years after shifting its focus to publicly traded businesses.The Wall Street Journal - World -
Don't Junk New York's Legal Marijuana Market
The black market doesn’t have to triumph.The Wall Street Journal - World - New York -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street's winning streak may come to an end Wednesday.CNBC - Business -
Are There Enough Fans for the N.H.L.’s Smallest Market to Keep Its Team?
The Winnipeg Jets’ season was clouded by dwindling attendance and concerning comments made by ownership about the franchise’s future.The New York Times - Sports -
LSU coach Brian Kelly: 'We're not in the market of buying players'
Kelly said LSU hasn't "fared very well" in its attempts to add transfer defensive linemen.Yahoo Sports - Sports -
Interpreting LSU coach Brian Kelly's declaration that Tigers are 'not in the market of buying players'
After failing to add a difference-making DT in the spring portal window, Kelly said that "if you just want to get paid, this is not the place for you."CBS Sports - Sports -
AstraZeneca pulls its COVID-19 vaccine from the European market
The pharma giant AstraZeneca has requested that the European authorization for its COVID-19 vaccine be pulledABC News - Health - Covid -
AstraZeneca withdraws its COVID-19 vaccine from global market
AstraZeneca is withdrawing its COVID-19 vaccine from the market because of low demand, the drugmaker said Wednesday. The shot, which was never authorized in the U.S., was widely used across the world in the early part of the global vaccine drive. ...The Hill - Politics - Covid -
Stock-market crash fears are fading, according to options traders
As U.S. stocks have rebound from last month’s selloff, options traders aren’t buying as many contracts that would pay off if the market were to crash.MarketWatch - Business -
Home prices keep climbing nationally, but they’re falling in these 15 markets
Home prices see growth in 93% of U.S. metropolitan areas despite ‘highest mortgage rates in two decades,’ National Association of Realtors says says.MarketWatch - Business -
AppLovin’s stock rallies as earnings highlight improvements in app ad market
Investors were liking the latest numbers from AppLovin on Wednesday, as its stock headed higher in the extended session.MarketWatch - Business -
Brookfield Sees 'Stable' Markets Driving Both Investments and Asset Sales
The Canadian infrastructure-focused asset manager has invested $11 billion during this year’s first quarter.The Wall Street Journal - World -
Violence erupts amid Kendrick Lamar and Drake feud
As tensions escalate between Kendrick Lamar and Drake, a security guard was critically injured in a shooting outside Drake's Toronto residence. Police are investigating the incident which casts a shadow over the hip-hop community's ongoing disputes.CBS News - Entertainment -
Olympic flame arrives in Marseille amid 'unprecedented security'
The Olympic flame arrives in Marseille amid an "unprecedented level of security", 79 days before the opening ceremony of the Paris Games.BBC News - Top stories -
Forget about prompt engineering, Typeface Arc uses AI agent approach to power marketing campaigns
Typeface Arc aims to use an AI agent approach to enable organizations to generate and iterate complete marketing campaigns.VentureBeat - Tech -
Stock-market bulls shouldn’t fear a long Fed pause before interest-rate cuts
History shows the S&P 500 tends to do well when the Federal Reserve leaves rates on hold.MarketWatch - Business - Federal Reserve