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2024-05-03 10:02:30
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Oil prices stabilize after weekly losses amid OPEC+ output cuts
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#12d86ea3 ver:1.9

Oil prices stabilize after weekly losses amid OPEC+ output cuts. Concerns about weaker global demand, rising inventories, and fading hopes for US interest rate cuts contribute to the decline. Traders monitor if US government will replenish strategic reserves. OPEC+ may extend output cuts if demand doesn't pick up. Oil prices rise on OPEC+ production cuts, but weekly losses due to US economic uncertainty and limited supply disruptions from Israel-Hamas war. Brent crude futures for July up 16 cents to $83.83 a barrel, US West Texas Intermediate crude for June up 19 cents to $79.14 a barrel. Weekly losses due to higher long-term interest rates and demand uncertainty. OPEC+ may extend output cuts beyond June....

#newstr #OilPrices #Opec+ #OutputCuts #UsEconomy #MiddleEast

https://here.news/story/12d86ea3?ver=1.9


Asian Shares Advance Ahead of US Jobs Report
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#a1cb2d51 ver:0.14

Asian stocks rise ahead of US jobs report, boosted by strong US earnings season. Japanese stocks gain on rebounding factory output and surge in yen. China's possible yuan devaluation to support economy is being monitored. Samsung reports surging earnings, Tesla gets approval for driver-assistance system in China. US markets may remain volatile, but UBS sees supportive environment for US equities. Big-tech dominance may give way to broadening of earnings growth. #AsianStocks #USJobsReport #EarningsSeason #ChinaEconomy #USMarkets #TechStocks...

#newstr #AsianStocks #UsJobsReport #EarningsSeason #JapaneseStocks #SouthKoreanStocks #AustralianStocks #UsShares #Yen #ChineseYuan #SamsungElectronics #Tesla #UsEquities #BigtechCompanies #Oil #Gold #FederalReserveRateDecision #Apple #Msci #HangSengIndex #DollarIndex #BankOfJapan #Alibaba #Jdcom #S&p/asx200 #Kospi #DowJonesIndustrialAverage #Qualcomm #Carvana #MgmResortsInternational #Doordash #PelotonInteractive

https://here.news/story/a1cb2d51?ver=0.14


SK Hynix Faces High Demand for AI Memory Chips as Production is Sold Out Through 2025
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#33dd74d3 ver:0.06

#SKHynix faces high demand for AI memory chips as production is sold out through 2025. #Samsung unveils LPDDR5X DRAM for AI applications, while SK Hynix's HBM chips are in high demand for AI processors. The battle for dominance in the memory chip market intensifies as competition heats up. #MemoryChips #AI #Tech...

#newstr #SamsungElectronics #SkHynix #MemoryChips #AiApplications #Lpddr5xDram #HbmChips #Nvidia #MemoryChipMarket #TechnologicalAdvancements #LowpowerSrams

https://here.news/story/33dd74d3?ver=0.06


India-Pakistan Space Race: Pakistan's SUPARCO Joins China's Chang'e 6 Lunar Mission
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#38747724 ver:0.3

Pakistan's SUPARCO is joining China's Chang'e 6 lunar mission, hitchhiking a ride to catch up with India's successful lunar mission. SUPARCO's satellite, iCube-Q, will capture images of the Moon's surface and provide valuable insights into its topography and potential resource deposits. This collaboration demonstrates the importance of international cooperation in space exploration. #SpaceRace #China #Pakistan #MoonMission...

#newstr #China #Pakistan #Isro #Suparco #Chandrayaan3 #Chang'e6 #LunarMission #SpaceExploration

https://here.news/story/38747724?ver=0.3


NASA Administrator Holds Pre-Launch Press Conference on Boeing Starliner Crewed Spacecraft
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#e0ba734d ver:0.25

NASA Administrator Bill Nelson discusses the upcoming launch of Boeing's Starliner spacecraft, highlighting the importance of multiple providers for crewed spaceflights to drive innovation and competition. Astronauts Barry Wilmore and Sunita Williams will pilot the spacecraft on its historic mission to the ISS on May 6. The success of this mission will bring Boeing closer to regularly delivering personnel to the ISS and mark a major milestone for NASA's Commercial Crew Program. #NASA #Boeing #Starliner #CommercialCrew #Spaceflight...

#newstr #Nasa #BoeingStarliner #SpaceExploration #CommercialCrewProgram

https://here.news/story/e0ba734d?ver=0.25

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