AI Bias Analysis
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A partially filled supertanker heading to Japan after receiving its Middle Eastern oil cargo via a ship transfer at sea highlights the desperate measures the nation’s refiners are taking to secure supply quickly.
Source
Bloomberg Markets
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PepsiCo's quarterly earnings and revenue topped Wall Street's expectations.
Bank of New York Mellon Corp. posted profit that beat analyst estimates as client activity fueled revenue gains during a busy quarter.
Oil contracts remain about a third higher than before the war with Iran but are well below peaks seen in the opening weeks of the conflict. Will Kennedy examines the oil futures curve and physical pricing of barrels on Bloomberg Television. (Source: Bloomberg)
Fundstrat found that while retail investors sold aggressively as the market bottomed at the end of March, hedge funds were buying the dip
