Oil Price Shock Sends Wall Street into Downward Spiral – DAX Defies Middle East Crisis Thanks to Strong Corporate Figures – Uber Plans Global Robotaxi Dominance with Zoox and Wayve – Firefly Aerospace Secures Billion-Dollar Order Backlog for Lunar Missions – KLA Corp Fuels AI Fantasy with 7 Billion Dollar Share Buyback – Dick's Sporting Goods Celebrates Strong Revenue Jump After Foot Locker Acquisition

Wall Street : Geopolitical escalation and skyrocketing oil prices send US markets into a downward spiral The escalating geopolitical situation in the Middle East has a firm grip on Wall Street, leading to significant losses in the major US indices. The International Energy Agency cannot stop the rapid price increase despite the release of strategic reserves, with a barrel of North Sea crude oil Brent now costing around 100 USD again. Investors are consequently avoiding risk, especially as attacked oil tankers in Iraqi waters and threatened retaliation...