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Asia tech stocks sink as oil spike and Qatar attacks threaten chip supply chain

Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022.

I-Hwa Cheng | Bloomberg | Getty Images

Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment,

 » Read more about: Asia tech stocks sink as oil spike and Qatar attacks threaten chip supply chain  »

Crude prices surge, stocks sink amid rising energy shock fears

Oil prices surged back above $110 on fresh worries about the war in the Middle East (Patrick T. Fallon) · Patrick T. Fallon/AFP/AFP

Oil surged more than five percent Thursday and stocks sank as Iran attacked several Gulf energy facilities and warned of more in retaliation for a strike on one of its key gas fields.

 » Read more about: Crude prices surge, stocks sink amid rising energy shock fears  »

Bank of England expected to leave interest rates on hold as oil and gas prices surge; UK pay growth hits five-year low– business live

From

Introduction: Bank of England interest rate decision today

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

The world’s central bankers are facing a conundrum right now.

 » Read more about: Bank of England expected to leave interest rates on hold as oil and gas prices surge; UK pay growth hits five-year low– business live  »

3 Magnificent S&P 500 Dividend Stocks Down as Much as 27% to Buy and Hold Forever

Most people don’t have the time to babysit their stock portfolio, so simple, dominant businesses that you can realistically buy and hold without having to do more than some occasional checking in on are often ideal.

The consumer space is an excellent place to find these types of companies. Consumer spending is the engine that drives the economy,

 » Read more about: 3 Magnificent S&P 500 Dividend Stocks Down as Much as 27% to Buy and Hold Forever  »

Why the ‘Next Warren Buffett’ Tag Is More of A Curse Than Compliment

Several high-profile figures once touted as potential successors have seen dramatic downfalls. Sam Bankman-Fried was hailed in a magazine cover story as a Buffett-like figure shortly before the collapse of FTX, which led to fraud convictions and prison time. Weizhen Tang, who branded himself the “Chinese Warren Buffett,” was convicted in a multi-million-dollar Ponzi scheme.

 » Read more about: Why the ‘Next Warren Buffett’ Tag Is More of A Curse Than Compliment  »

Federal Reserve could signal no interest rate cuts this year in wake of Iran war

By CHRISTOPHER RUGABER, AP Economics Writer

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period.

 » Read more about: Federal Reserve could signal no interest rate cuts this year in wake of Iran war  »

Federal Reserve holds interest rates steady, citing elevated economic uncertainty

The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank’s second consecutive pause in 2026. In its policy statement, the Fed said U.S. economic uncertainty remains elevated, adding that the impact of the Iran war also remains unclear.

The Fed maintained the federal funds rate — what banks charge each other for short-term loans — in its current range of 3.5% to 3.75%.

 » Read more about: Federal Reserve holds interest rates steady, citing elevated economic uncertainty  »

Is Plug Power Inc. (PLUG) Among the Goldman Sachs Solar and Green Energy Stocks: Top 10 Stock Picks?

Plug Power Inc. (NASDAQ:PLUG) is one of the Goldman Sachs Solar and Green Energy Stocks: Top 10 Stock Picks.

On March 9, 2026, Bloomberg reported that Plug Power Inc. (NASDAQ:PLUG) announced plans to supply up to 250 megawatts of hydrogen-powered electricity in a potential special auction conducted by PJM Interconnection,

 » Read more about: Is Plug Power Inc. (PLUG) Among the Goldman Sachs Solar and Green Energy Stocks: Top 10 Stock Picks?  »

Federal Reserve holds interest rates steady, keeps 1 cut in play this year as uncertainty mounts

The Federal Reserve held interest rates steady for the second consecutive policy meeting this year, amid a surge in oil prices and increased economic uncertainty, as officials projected one rate cut for the year.

The central bank voted in a split decision on Wednesday to hold its benchmark interest rate in the range of 3.5% to 3.75%.

 » Read more about: Federal Reserve holds interest rates steady, keeps 1 cut in play this year as uncertainty mounts  »

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