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Oil prices saw significant fluctuations on Thursday, initially soaring to their highest levels since the conflict with Iran began.
Oil prices briefly hit $114.70 per barrel, their highest since the Iran conflict began.
KEY POINTS
- Alphabet shares surged 7.3% on strong profits attributed to investments in artificial intelligence.
- Meta Platforms' stock dropped 9.4% due to an increased 2023 capital expenditure forecast.
- Despite high oil prices, S&P 500 companies posted stronger-than-expected profits for early 2026.
COMPANIES
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