business / news / / The Straits Times
All three major US stock indexes recovered from steep losses earlier in the session.
Pakistan's Prime Minister urged Trump to extend the Iran Strait of Hormuz deadline by two weeks.
KEY POINTS
- Iran has not reopened the Strait of Hormuz despite intensified attacks and Trump's threats.
- UnitedHealth, Humana, and CVS Health surged after the US raised Medicare Advantage payments above prior proposals.
- Broadcom signed a long-term deal with Alphabet to develop AI chips and components.
- Intel will join Elon Musk’s Terafab AI chip complex project alongside SpaceX, Tesla, and xAI.
COMPANIES
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