Saudi reroutes oil as Hormuz shuts, prices surge on war fears
Saudi Arabia lifted crude exports from Yanbu to around 4.6 million barrels per day (bpd) last week, approaching the port’s 5 million bpd limit, as shipments were rerouted away from…
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Nvidia stock continues to slip, but some bullish signs emerge
Nvidia shares were volatile on Monday, even as reports suggested continued spending from artificial intelligence-focused customers. The stock was down 0.5% to $166.09 in early trading. The AI darling is…
Southwest stock trails top peers as a key strategic change backfires
Southwest Airlines stock price has plunged harder than its American peers during the ongoing Iran war as a key strategy decision made last year backfired. LUV has dropped by 25.3%…
Seagate stock is crashing 7% today: why JP Morgan is bullish
As shares of Seagate Technology struggle at the bourses, JPMorgan sees the pullback as a buying opportunity, citing strong demand trends and improving fundamentals in the data storage market.The stock…
Social media stocks crash: here’s the best one to buy on the dip
The social media landscape shifted violently this week as a wave of selling wiped billions in market value.The catalyst? A landmark legal blow; a California jury found Google and Meta…
PS5 price hike signals pressure point for gaming industry: what’s next?
The global video-game industry is entering a period of recalibration after Sony raised prices of its flagship PlayStation 5 consoles for the second time in less than a year, underscoring…
S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data
The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368,…
Evening digest: Crypto slide, SpaceX IPO buzz, India selloff
Global markets closed the week on a cautious note, with multiple asset classes reflecting heightened uncertainty. The cryptocurrency market weakened amid a broader risk-off mood, while geopolitical tensions and rising…
CrowdStrike stock: how its own partners triggered a sell-off today
CrowdStrike Holdings Inc (NASDAQ: CRWD) is inching lower on Mar 27 after partner Anthropic previewed a “breakthrough” AI model with advanced cybersecurity capabilities it’s calling Claude Mythos.Adding to the pressure…
Dow Jones plunges nearly 800 points: longest weekly losing streak in 4 years
US stocks fell sharply on Friday, with all three major indexes closing at their lowest levels in more than six months, as escalating tensions in the Middle East and surging…