Oil prices eased but remained at a six-month high ahead of a third round of nuclear talks between the U.S. and Iran, and amid increased economic uncertainty after the latest U.S. tariff upheaval.
The British pound kicked off the week on a firmer footing, as traders digested the fallout from the U.S. Supreme Court striking down tariffs and political uncertainty from an upcoming election to fill a parliamentary seat.
Shares of cybersecurity companies including CrowdStrike and Datadog slumped, as investors weighed the potential impact of artificial intelligence startup Anthropic’s new security tool on the industry.
Gold prices rose to end last week, supported by weaker‑than‑expected U.S. GDP data, while investors digested President Donald Trump’s announcement of fresh global tariffs following the U.S. Supreme Court’s tariffs ruling.
OpenAI is targeting roughly $600 billion in total compute spend through 2030, as the ChatGPT maker lays groundwork for an IPO that could value it at up to $1 trillion. OpenAI’s 2025 revenue totaled $13 billion, beating its $10 billion projection.
U.S. stocks ended higher to end last week, led by gains in Alphabet, Amazon and other Wall Street heavyweights after the Supreme Court struck down President Donald Trump’s global tariffs. The U.S. top court, which has a conservative majority, ruled 6-3 against Trump’s global tariffs.
