Oil Falls on OPEC+ Output Hike, Hormuz Flows Recovery
AI infrastructure stocks outpace hyperscalers with UBS projecting 600% value growth over four years versus 100% for cloud giants. IT leaders expect budget shifts toward edge inference and chips, while SaaS lending contraction (down 20%+) slows vendor consolidation.
Global oil prices edged lower during trading on Monday, July 6, following a decision by OPEC+ to further lift its production limits. Con ...
OPEC, Allies Hike Output Again as Hormuz Traffic Starts Recovering
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