a group of oil pumps sitting on top of a field

Stocks Pare Oil-Fueled Rout on Trump’s Assurances

A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil. Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and…

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Judge signing documents at desk with focus on gavel, representing law and justice.

AI’s Gavel Falls: Legal Tech Stocks Reel as Anthropic’s ‘Claude for Law’ Disrupts a Multi-Billion Dollar Industry

Introduction A seismic shockwave just hit the global legal technology sector. The announcement of a new AI assistant tailored for corporate legal teams has sent share prices of established European software giants into a tailspin, signaling a profound shift in how law will be practiced and priced in the algorithmic age. Image: Sora Shimazaki /…

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