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XAG/USD rises to near .00 due to potential US-Iran agreement

Silver price (XAG/USD) rises for the second successive day, trading around $77.90 per troy ounce during the Asian hours on Thursday. Non-yielding Silver prices found support from optimism surrounding a potential US-Iran agreement, which triggered a sharp drop in oil prices, easing inflation concerns, and reducing expectations for prolonged hawkish…

DoorDash is budgeting 0 million for driver gas benefits so far this year — and counting

DoorDash plans to spend $100 million on gas benefits for its delivery drivers in the first half of 2026. Loading audio narration… The additional cost — $50 million in the company’s first quarter and another $50 million it expects to spend in the second — is leading DoorDash to delay some other investments, CFO Ravi Inukonda said on the company’s earnings call on Wednesday.In March, DoorDash started offering “relief payments” of up to $15 a…

Finance news

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Business

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Hassett says AI boom and capital spending are driving Wall Street rally

Wall Street’s rally is increasingly being tied to a mix of artificial intelligence investment, corporate tax incentives and a wave of factory construction reshaping the U.S. economy. White House National Economic Council Director Kevin Hassett joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss why he believes the…

Markets

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Anthropic taps Elon Musk’s SpaceX for more AI compute power

Anthropic is turning to Elon Musk for computing capacity. Loading audio narration… As the company faces a surge in demand for its AI coding service, Claude Code, Anthropic will use SpaceX’s Colossus One data center to meet the moment. Chief Product Officer Ami Vora announced the blockbuster deal at Anthropic’s…

Investing

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