Why the USO oil ETF is a better buy than crude futures as the Iran war rages
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.
The United States Oil Fund has climbed by 58% since the start of the Iran war, more than double the gain of WTI crude futures.
Like Keerthana, Alicia Munhupedzi used the internet to find her dress – though it was a bit last minute. “I thought, ‘Where can I get a nice dress really quickly and cheaply?’” The answer? Depop, the second-hand clothing app popular among Gen Z shoppers that sold for $1.2bn (£890m) earlier this year. Like others, Alicia…
“Investors frequently receive only a small fraction of the shares they request — if they receive any at all.”
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor names after a sharp sell-off earlier this week. Shares of the South Korean…
IBM expects HRL’s technical breakthroughs will help drive its quantum programme for ‘decades to come’. IBM is acquiring Boeing and General Motors’ jointly-owned research and development institute HRL Laboratories. HRL’s expertise in silicon-spin qubit engineering is expected to help IBM in its long-term quantum plans. The lab was established in 1948 as Hughes Research Laboratories…
Anduril CEO Brian Schimpf announced that the company plans to target a $28 billion valuation in its new funding round. Schimpf indicated that Anduril is in no rush to go public and can remain privately held indefinitely. Anduril Industries is in talks to raise a new funding round that would value the company at $28…
President Lee Jae-myung invited six Silicon Valley venture capital (VC) firms to lay the groundwork for linking Korean startups with US funding and global growth opportunities. The government and the National Pension Service plan to connect the Korea Fund of Funds, the National Growth Fund, pension funds and private capital to support promising startups in…