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UBS profits rocket 80% to $3 billion for first quarter beat, shares pop 5% CNBCUBS Traders Drive Profit Jump as Bank Signals Bigger Buyback Bloomberg.comSwiss bank UBS exceeds profit forecasts as Iran war stokes market volatility ReutersUBS trading gains fuel 80% profit surge Financial Times
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Oil slips as market digests UAE exit from OPEC, supply concerns linger ReutersLive updates: UAE to quit OPEC in blow to oil cartel as Iran war chokes energy sector CNNEuropean stocks to open lower as UAE OPEC exit complicates oil supply outlook CNBCUAE Says It Will Leave OPEC as Iran War Strains Oil Markets The New York Times
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The struggles of the nascent private-capital market, weighed down by lending to software companies whose businesses are under attack from artificial intelligence, has captured the eye of the market and the news media.
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Bill Ackman hits lowest end of target in second IPO push Financial TimesBill Ackman is placing a bet on individual investors with dual Pershing Square public offerings MarketWatchAckman's Fund IPO Raises $5 Billion for Permanent Capital Plan Bloomberg.comAckman's Pershing Square Inc. to Sell Up to 33.12 Million Shares in IPO WSJ
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The group of oil-producing countries supplied more than 25 percent of the world's oil before the war in Iran. Its members have influenced energy markets through the years.
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