The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was “over” after the two countries trades strikes following attacks on three oil tankers near the Strait of Hormuz.

Brent crude and West Texas Intermediate contracts climbed on President Donald Trump saying dealing with Tehran is “a waste of time”

Although Trump has at times stepped back from threats he has made against Iran, oil prices surged and stocks fell after his latest comments.

West Texas Intermediate and Brent crude were trading 6.5% higher early Wednesday after President Trump said he thinks the ceasefire is over.

July 7, 2026. Samsung Electronics on Tuesday (July 7) forecast a 19-fold jump in second-quarter operating profi

Samsung Electronics Co.’s quarterly profit surged 19-fold but failed to impress investors used to eye-catching growth from the suppliers of AI chips.

Samsung Electronics Co.’s quarterly profit surged 19-fold, just surpassing elevated expectations due to relentless demand for memory chips needed in AI data centers.

Shares of memory and AI-related stocks tumbled premarket on Tuesday despite Samsung Electronics (SSNLF) projecting a staggering 19-fold surge in second-quarter operating profit as investors remained concerned about the sustainability of the ​AI boom.

"Well, I think it certainly sends a symbolic message out there to everyone that puts them on notice in case they hadn't been noticing that Texas really is, a substantial place in this regard," said Ray Perryman,

The Texas Stock Exchange will commence trading on Monday, kickstarting the first real test of one of the most well-funded new exchanges to launch in decades.

The doors opened today on the nation's newest stock exchange. The Texas Stock Exchange out of Dallas is part of the state's push to challenge Wall Street's dominance.

The Texas Stock Exchange starts test trading as it prepares to compete with Nasdaq and the New York Stock Exchange.