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Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says Reuters

Stocks are pointing to a lower open as the sell-off in chip stocks continues. Plus, Netflix delivers a disappointing quarter.

Incoming prime minister Andy Burnham discussing plans to give ministry more powers over science and energy policy

Iranians suffer new uncertainty and anxiety as US steps up attacks Reuters

These large-cap stocks head into Q2 earnings with Sell ratings

Wall Street opened lower as investors reassessed the strength of the AI-driven rally, triggering a fresh selloff in chip stocks. Nvidia and Intel declined, while Netflix dropped after a weak forecast. The Nasdaq led losses, reflecting pressure on tech stocks amid rising uncertainty and cautious mark

The streaming giant said it would cut back on the frequency of its "What We Watched" reports, which provide a picture of engagement.

Federal Reserve issues initial findings from its 2025 triennial payments study

Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says Reuters

Gold rises but heads for weekly loss on inflation and rate hike worries Reuters