Piper Sandler Warns Strait of Hormuz Closure Could Last Months Push Oil to New Highs Wholesale Inflation Surges 6 Annually in April Fastest Pace Since 2022 Federal Reserves Rate Cut Path Narrowing as Jobs Data Signals Sticky Inflation Pressures Nationwide Faces Governance Concerns as Labour MP Calls for Reform Ahead of AGM Citi Boosts Micron Technology Price Target on DRAM Price Surge and HBM Outlook Bitcoin ETFs See 226 Billion in Outflows Over TwoWeek Period European Manufacturers Strengthen China Presence Amid EU Supply Chain Diversification Efforts