The stock market is about to suffer a 'snapback' and will lose much of this year's gains as 'speculation is hitting extreme levels,' BofA warns Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Oil, gas tankers cross Hormuz via Oman-side route after U-turns Iran has repeatedly said that vessels should only transit the strait through the route designated and authorized by the Islamic Republic. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Nvidia supplier Hon Hai's sales beat on continued AI demand Hon Hai, also known as Foxconn, has established itself as a key AI hardware player by assembling servers that house Nvidia accelerators. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
France's richest man Arnault hit with 22 million tax assessment The heart of the matter concerns the "complex shareholding" of LVMH Moët Hennessy Louis Vuitton SE. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
SK Hynix seeks access to AI investors in $29 billion U.S. listing Over the past 12 months, SK Hynix's Korea-listed shares and Micron's stock have gained about 700%. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Seventh film in animated franchise beats the fifth installment of another cartoon juggernaut at the box office The Minions movie opened on Wednesday and earned an estimated $61.4 million in its first five days. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
The Trump administration will use the same company that tried to renovate the Reflecting Pool to repair it -- 'because they did a fantastic job' Interior Secretary Doug Burgum said Sunday that the federal government will not seek new bids. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Investment firm's cofounder sues after being fired for neglecting the in-person work mandate he signed, saying it applies to employees not owners "We have both junior and senior employees commuting over one hour each way to work, and yet you feel this policy doesn't apply to you." $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
Iranians demand revenge at funeral ceremonies for supreme leader killed during war, while his replacement has yet to appear to mourn his father Talks over reaching a permanent end to the war appear to be on hold until the end of the funeral. $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share
The CEO who vowed to 'fire anyone who doesn't use AI' admits that the technology can't replace her executive assistant as the role evolves "The people who truly want to succeed in this role have a massive opportunity." $$ fortune.com fortune.com / feeds fortune-com / / #news / / 1 day 1d Share