Markets are being pulled by geopolitics as much as earnings. In Washington, Donald Trump’s meetings with Benjamin Netanyahu and Volodymyr Zelenskyy underscore how the wars in Ukraine and the Middle East are shaping the business outlook, from missile support to the future of energ...
Markets are being pulled by geopolitics as much as earnings. In Washington, Donald Trump’s meetings with Benjamin Netanyahu and Volodymyr Zelenskyy underscore how the wars in Ukraine and the Middle East are shaping the business outlook, from missile support to the future of energy routes. That mattered in the Gulf, where Oman and its neighbors are backing a plan that would let Iran collect voluntary transit fees in the Strait of Hormuz, a bid to steady oil shipments and calm a vital trade chokepoint. Against that tense backdrop, Apple briefly crossed the $5 trillion valuation mark, becoming only the second public company to do so, a reminder of how investor enthusiasm for mega-cap tech still defies broader uncertainty. Boeing, by contrast, posted a deeper-than-expected quarterly loss as delays and cost overruns on Air Force One mounted, while Myanmar moved to tighten its crackdown on online scam centers with harsh new penalties.
Top Business stories
- Trump hosts Netanyahu and Zelenskyy as Ukraine and Iran conflicts reach critical stages (13 sources)
- Gulf states back Oman proposal allowing Iran to collect voluntary Hormuz fees (11 sources)
- Myanmar passes law authorising death penalty for forced labour in online scam centres (9 sources)
- Boeing reports larger-than-expected quarterly loss as Air Force One costs rise (8 sources)
- Apple briefly tops $5 trillion market value, second company to reach milestone (7 sources)
- Barclays first-half profit rises 17% on strong trading and dealmaking (4 sources)
- Visa to cut about 2,600 jobs, about 7% of workforce, citing efficiency and AI (4 sources)
- Kaiser Reef identifies 4.4km gold-in-soil anomaly at Maldon project in Victoria (4 sources)
Nina Pressley
Author at IfHighLow
