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- Dollar set for sharp weekly loss versus yen after Japan steps in
GLOBAL-FOREX/ (UPDATE 5, PIX):FOREX-Dollar set for sharp weekly loss versus yen after Japan steps in
- Crude futures fall on new Iran proposal for peace talks
GLOBAL-OIL:Crude futures fall on new Iran proposal for peace talks
- Oil Falls on Hopes for US-Iran Negotiations, Hormuz Progress
Oil edged lower in thin trading with US-Iran peace negotiatons on the ropes but still in play, leading some traders to peel back risk ahead of the weekend.
- Exxon Mobil shares fall despite first quarter earnings beat expectations, CEO warns oil prices may continue to rise
Exxon Mobil’s adjusted earnings for the first quarter reached $1.16 per share, surpassing the analyst consensus of $1.00
- Intel shares gain over 5%, extend record April rally as AI-driven demand fuels momentum
Intel shares soared 5.45% to $100.45, marking a 114% surge in April, fuelled by strong earnings and positive guidance. The rally reflects a resurgence in AI demand, pushing Intel's market value above $490 billion and indicating a promising turnaround strategy for the company.