This picture taken December 12, 2019 shows a view of the sign showing the logo of Saudi Arabia’s Stock Exchange Market (Tadawul) bourse in the capital Riyadh.FAYEZ NURELDINE | AFP | Getty ImagesMarkets across the Middle East ended mostly higher on Sunday after the United States entered the war between Israel and Iran and struck three key Iranian nuclear sites, Fordo, Natanz and Isfahan. Stocks in Tel Aviv reached an all-time high on Sunday on bets that Washington’s entrance into the conflict with Tehran would help it to come to an end, despite the Iranian Foreign Minister’s insistence that the country…
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Refrigerated containers of Maersk shipping lines are stacked at the container terminal of Bremerhaven port on April 22, 2025 in Bremerhaven, Germany.Focke Strangmann | Getty Images News | Getty ImagesThe world’s largest direct-membership organization for shipowners, charterers, shipbrokers, and agents is warning that while it is still unclear how Iran will respond to Saturday’s U.S. attack on Iran’s nuclear facilities, the threat to commercial shipping in the waters around the Arabian Peninsula has risen. “The Houthi threat against shipping in the Red Sea and Gulf of Aden has also gone up,” said Jakob Larsen, head of security at Bimco, which represents…
US Vice President JD Vance speaks during a discussion at the Munich Leaders meeting hosted by the Munich Security Conference at the Willard Hotel in Washington, DC, May 7, 2025. Mandel Ngan | Afp | Getty ImagesVice President JD Vance said Sunday that the United States is not at war with Iran, but with “Iran’s nuclear program,” hours after the United States’ late-night strikes on three of the country’s nuclear sites.Vance’s remarks come soon after Defense Secretary Pete Hegseth said Iran’s “nuclear ambitions have been obliterated,” following the Trump administration’s strikes on facilities at Fordo, Natanz and Isfahan.Vance, speaking on NBC…
Palestinians flock to the aid center set up by the US and Israeli-led Gaza Humanitarian Relief Foundation on the Coastal Road in the Sudaniya area to receive food package in northern Gaza City, Gaza on June 17, 2025. Saeed M. M. T. Jaras | Anadolu | Getty ImagesThe Israeli military said Sunday that it has recovered the remains of three hostages held in the Gaza Strip. At least four Palestinians were killed in an Israeli airstrike and 22 were wounded while waiting for humanitarian aid, according to a local hospital.The military identified the remains as those of Yonatan Samerano, 21;…
Secretary of Defense Pete Hegseth said Sunday that “Iran’s nuclear ambitions have been obliterated,” hours after the United States attacked three major nuclear nuclear enrichment facilities.Hegseth praised President Donald Trump’s order as “focused, it was powerful, and it was clear,” during an early morning press conference.Hegseth said that the late-night mission was “not and has not been about regime change” in Iran.”The president authorized a precision operation to neutralize the threats to our national interest posed by the Iranian nuclear program and the collective self-defense of our troops and our ally Israel,” he said.Hegseth was echoing remarks made by Trump…
Uncertainty in the stock market and in the economy may have investors seeking stability in companies that pay regular dividends. Those equities are often seen as a hedge against volatility due to their their reliable income. Stocks fell early last week on concern over the Israel-Iran conflict, but closed marginally higher in the latest five days after the Federal Reserve opted to keep rates unchanged at its June meeting. There could be more volatility ahead after the U.S. bombed three nuclear sites in Iran over the weekend. But for all the attractions of income-producing stocks, not all dividend payers are…
Analysts on Wall Street are especially optimistic on a handful of stocks heading into the second half of the year. Equities have been volatile for much of the first half of 2025, as President Donald Trump’s tariffs simultaneously sparked investor concern over a potential U.S. recession and higher inflation. Worries over the size of the federal deficit and increasing debt arose from the president’s tax bill working its way through Congress. So far in June, the S & P 500 is higher by about 1% after climbing more than 6% in May. There could be more volatility ahead the rest…
If the future is all about building mechanical mobility, whether on wheels or robotic legs, auto parts suppliers have a competitive edge. “We believe humanoid robots will bring a third wave of growth for auto parts suppliers,” Morgan Stanley analysts said in a June 18 report. The authors include lead autos analyst Adam Jonas, industrial analyst Sheng Zhong and hardware technology analyst Andy Meng. The team upgraded two self-described Chinese Tesla suppliers and maintained a rating of overweight on another given expectations the companies can benefit from the coming rise of humanoids. This would be similar to how auto parts…
Silas Stein | Picture Alliance | Getty ImagesThe Middle East conflict and macro uncertainty are expected to keep global stock markets volatile, so it would be prudent for investors to ignore short-term noise and pick names with solid growth prospects.To this end, top Wall Street analysts’ research can be a key consideration for investors who are picking out stocks and seeking names with long-term potential.Here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.ChewyWe start this week with online pet retailer Chewy (CHWY). The company recently delivered solid…
A United Airlines plane takes off from Los Angeles International Airport on May 29, 2025 in Los Angeles, California. Justin Sullivan | Getty ImagesAn organization that monitors flight risks warned on Sunday that U.S. strikes on Iran’s nuclear sites could heighten the threat to American operators in the region as airlines continued to avoid large parts of the Middle East due to ongoing missile exchanges.But following a barrage of early morning Iranian missiles, Israel has reopened its airspace for six hours on Sunday to bring back those stranded abroad since the conflict with Iran began on June 13.Safe Airspace, a…
