If investors are still harboring major worries about the disappearing cash flows at some Big Tech companies, you’d never know it by looking at the US stock market that’s once again trading near record highs.

Cecil Wright alleges billionaire went ‘behind its back’ to avoid paying €17.5mn commission on luxury vessel

There are plenty of explanations for the market’s movements. Try the basic one.

Oil traders set to wind down UAE exchange positions after ADNOC benchmark change Reuters

Toyota lifts annual forecast and unveils $6 billion buyback, but shares fall Reuters

More thoughts on why it’s happening

Aramco posts 44% rise in net profit as Iran war drives up oil prices Reuters

Saudi Aramco said it’s looking at options to expand its oil export capacity as the Iran war disrupts flows through the Strait of Hormuz and Houthi rebels threaten shipments in the Red Sea.

UK oil major has had several approaches for its North Sea assets, says chief

Goldman sees Brent at $80-$90 until US-Iran deal or major escalation Reuters