Oil Falls as Stocks Rally; Samsung Tops $1 Trillion
Oil extended losses on fresh hopes for an end to the Iran war, while Samsung's market value surged past $1 trillion amid an AI-driven equity rally.
Oil prices extended losses Wednesday amid renewed hopes for an end to the Iran war, putting pressure on energy markets. Equities rallied on enthusiasm around artificial intelligence, with Samsung's valuation blasting past the $1 trillion mark.