US Stocks Fall Ahead of Iran Deadline; Universal Music Soars

US stocks are falling as mixed economic data and geopolitical tensions weigh on investors ahead of a key US deadline on Iran.
Source
Bloomberg Markets
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US stocks are falling as mixed economic data and geopolitical tensions weigh on investors ahead of a key US deadline on Iran.
Source
Bloomberg Markets
Opens original article in a new tab
The company is reportedly facing engineering challenges in the development of the foldable phones, which are anticipated to launch later this year.
The Iran war has hit Amazon data centers in the region, and the company is working around the clock on availability, cloud chief Matt Garman said.
By restoring 100% bonus depreciation, the OBBBA is providing liquidity needed for economic growth.

More than 9 million barrels a day of oil production from key Middle Eastern countries are expected to be shut in during April, according to estimates from the US government, as the war in Iran upends global energy markets.