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Today’s Breaking News

US gave regional allies heads up on Israel’s planned attack on Iran
WASHINGTON (Reuters) -The U.S. State Department informed a number of regional allies in the Middle East of Israel’s looming strike on Iran hours before the attack took place, three sources familiar with the matter said on Friday.In a diplomatic note sent out Thursday afternoon, the State Department confirmed … Read More >>

Analysis-OPEC would struggle to cover major Iranian oil supply disruption
LONDON (Reuters) -Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest since January as investors price in an increased … Read More >>

FEATURED ARTICLE

Adobe shares slide as investors skeptical of quicker AI-adoption returns
(Reuters) -Adobe’s shares dropped 7% in early trading on Friday as investors’ concern that the company’s AI adoption into its software tools could take longer to fetch returns, overshadowed a raised annual revenue forecast.”(We see) increasing concerns surrounding competitive pressures and a longer time horiz … Read More >>

OTHER HEADLINES

OpenAI to continue working with Scale AI after Meta deal
PARIS (Reuters) -OpenAI plans to continue working with Scale AI after rival Meta on Friday agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion, OpenAI’s CFO Sarah Friar told the VivaTech conference in Paris.Scale AI provides vast amounts of labelled or curated training … Read More >>

Nippon Steel exec says firm needs freedom to manage U.S. Steel, newspaper says
“Without a degree of management freedom, it may not be possible to reach an agreement with the U.S. government,” the executive said, according to the newspaper, sending shares of the iconic U.S. steelmaker down 4%. The comments appeared to take aim at remarks made by President Donald Trump, who said on Thursd … Read More >>

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