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Oil prices off highs after reports Saudi pipeline ramping back up
Source: CNBC
Original reporting
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CNBC2 outlets
Meta hires MongoDB CEO CJ Desai to lead enterprise unit. MongoDB shares crater
Meta says it will focus on bringing its full technology stack, including Muse, Meta Business Agent, Muse API, Muse Code, and more to businesses and developers.

BBC Business2 outlets
Best thing we can offer young people is a job, not benefits, says chancellor
John Healey's speech comes ahead of next month's Budget, as he faces pressure to bring down government borrowing costs.
CNBC
Anthropic launches cheaper AI model, its second release since CEO's call for a slowdown
The company said Sonnet 5.5 doesn't advance the frontier, but that it is better at coding and knowledge work tasks than its predecessor.
CNBC
Nearly half the stocks in the S&P 500 are at cross purposes with the rest of the market
Almost half of the stocks in the S&P 500 have a negative beta, evidence of a chasm between the entire index and its individual components.
CNBC
A key test looms for the AI trade this week. Here's how Mike Khouw is trading it
Micron reports after the bell Wednesday.

BBC Business
Aldi boss says some loyalty discounts 'dupe' customers
Aldi is the only major supermarket chain that doesn't operate a loyalty scheme, which are hugely popular and used by millions of shoppers.