Global oil prices have tumbled by around 20% from 2026 highs as investors have grown increasingly optimistic on prospects for a long-lasting ceasefire deal between the U.S. and Iran, which would unlock shipping through the Strait of Hormuz. Brent crude was down 1.2% on the final trading day of the month, at $92.56, as of … Read more
Defaults in the highly opaque corner of finance known as private credit are expected to increase after hitting record highs in April, and some money managers are warning that retail investors may not be insulated from the fallout. The combination of ascendant artificial intelligence models, rising inflation and higher interest rates is weighing on the … Read more
Gold bars weighing 1000 grams each are displayed at the Austrian Gold and Silver Refinery (Oegussa) in Vienna, Austria, on Feb. 3, 2026. Georg Hochmuth | AFP | Getty Images Gold trimmed losses on Thursday following the release of U.S. April inflation data, but prices were still down for a third straight session as skepticism over a U.S.–Iran … Read more
Silver bars stacked at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, Feb. 5, 2026. Matt Jelonek | Bloomberg | Getty Images Silver’s breakneck 2025 rally has created the conditions for demand destruction among buyers of the precious metal, according to analysts, who say prices could fall even further from last year’s … Read more
Jonathan Raa | Nurphoto | Getty Images Micron topped a $1 trillion market value for the first time on Tuesday as shares popped 18%, driven by insatiable artificial intelligence demand for its memory chips. The stock surge came as UBS tripled its price target on the stock from $535 to $1,625 a share, citing long-term … Read more
Homes in Rancho Cucamonga, California, US, on Saturday, May 9, 2026. Kyle Grillot | Bloomberg | Getty Images Growing concern over the trajectory of the war with Iran has bond yields rising and mortgage rates following suit. The average rate on the 30-year fixed loan rose 7 basis points Tuesday to 6.75%, according to Mortgage … Read more
The Callisto tanker sits anchored in Port Sultan Qaboos as the traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 12, 2026. Benoit Tessier | Reuters Oil prices rose Monday as the deadlock in Iran-U.S. talks fans fears of an extended supply crunch, while experts point … Read more
Fish farm nets on the East coast. Shaunl | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. Equity Group Investments, backed by the family of … Read more
UBS is getting bullish on Nvidia ahead of the chipmaker’s quarterly results next week. The investment bank has a buy rating on the semiconductor name. It raised its price target on shares to $275 from $245, implying 22% upside from Wednesday’s close. “While investor interest here is always obviously high, we sense a marked apathy … Read more
Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a statement. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in $5.55 billion for Cerebras, which is … Read more