Investors are often hopeful spinoffs will lead to improved valuations. But one analyst questioned whether that will play out for Comcast given the decay of legacy media.

Crude-oil prices climbed on Wednesday, building on gains from earlier in the week as traders assessed fresh supply data while monitoring geopolitical developments on several fronts.

AI chip suppliers are enjoying a spending boom from ‘hyperscalers,’ which in turn use the technology to boost sales and profits.