Writing the summary…
Oil prices soar above $108 as Houthis strike Saudi infrastructure
Source: The Guardian
Original reporting
The Guardian: read the full reportRelated stories
CNBC
Brent crude tops $109 after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
Saudi Arabia has faced escalating attacks from Iran-allied militant groups in recent days.
CNBC
Here are our top 10 things to watch in the stock market Monday
AI semiconductor and infrastructure stocks are under heavy pressure ahead of Monday's open on Wall Street.
CNBC
What Amodei's AI slowdown could mean for Anthropic's imminent IPO
As Anthropic meets with prospective investors ahead of its potentially historic market debut, CEO Dario Amodei is pushing for a slowdown in AI.
CNBC
10-year Treasury yield nears 5% ahead of Fed rate decision this week
The 10-year Treasury yield is closing in on 5%, a level last touched in October 2023. Strategists say look to the the drivers behind higher yields.
CNBC
Microsoft sets limits for future AI models as industry throttles frontier development
Microsoft wants to be seen as a responsible AI entity as it ramps up model development alongside partners Anthropic and OpenAI.
CNBC
Space startups raise big money in funding blitz as Europe aims to challenge U.S. dominance
European space startups are attracting fresh funding as the region seeks to build its capabilities and narrow a its gap with the U.S.