Iran shock rattles financial markets – Oil price breaks above $90 mark – US labor market weakens significantly – DAX records worst week since Trump tariff shock - Marvell Technology with record revenue – Samsara: the IoT pioneer turns profitable for the first time - Costco delivers solid Q2 despite market turbulence!
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USA & MACRO-ENVIRONMENT Friday delivers another painful blow to Wall Street The S&P 500 loses 1.3% and is headed for its worst weekly performance since October. The convergence of two macroeconomic shockwaves – a surprisingly weak US labor market and a dramatic escalation in the Middle East – has put the markets in a state of shock. Brent crude oil breaks the $90 per barrel mark for the first time in nearly two years, after Qatar warned of serious consequences of the Iran war for energy supply in the region. The near disruption...
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