Government bond markets from Tokyo to New York extended losses on Monday as surging energy prices linked to the prolonged Iran war reignited fears of persistent inflation and forced investors to reassess expectations for global interest rates. The selloff pushed borrowing costs sharply higher across major economies, with investors increasingly worried that central banks may
Shares of Dominion Energy surged in trading on Monday after utility giant NextEra Energy announced plans to acquire the company in a $66.8 billion deal that would create the largest electric utility operator in the United States. Dominion shares (D) rose about 10% following the announcement, while NextEra Energy stock slipped more than 3.6% as
Global oil inventories are plunging and may not recover until late 2027, as the Iran war and the closure of the Strait of Hormuz threaten to trigger physical shortages across Europe within weeks, according to a CNBC report. Analysts warn that even a swift reopening of the key shipping route will not prevent months of
US stocks opened cautiously on Monday as investors monitored rising Treasury yields, elevated oil prices, and ongoing tensions in the Middle East following a volatile end to last week’s record-setting rally. The Dow Jones Industrial Average fell roughly 44 points, or 0.08%, while the S&P 500 was unchanged. The Nasdaq Composite was up by 0.13%.
Zcash (ZEC) briefly pushed into the $550 region before slipping back below $520, leaving traders focused on whether this is a simple cooling phase or the start of a deeper correction. At the time of writing, ZEC was trading around $524.73, with a 24-hour range of $510.70 to $550.10. Resistance builds as ZEC struggles above
Shares of UnitedHealth Group (UNH) fell over 2% on Monday after Berkshire Hathaway disclosed that it had exited its entire position in the health insurer during the first quarter, ending a brief but closely watched investment. The healthcare giant’s stock had recently staged a strong rebound, posting its seventh consecutive weekly gain after rising about
Europe’s soaring electricity prices are threatening its ambitions to compete with the US and China in artificial intelligence, as power-hungry data centers face mounting costs and investors increasingly look elsewhere, according to a CNBC report. Experts warn that without cheaper energy, Europe risks falling far behind in the AI race. Europe has set its sights
Brent crude oil price ended last week at $109.50, its highest point since May 5 this year. It has soared by over 13% from the lowest point this month, and may have more gains ahead as the quagmire between the US and Iran continues. Worse, it has formed the bullish inverted head-and-shoulders pattern, pointing to
Pi Network price dropped for three consecutive days, reaching its lowest level since February 26. It has now plunged by nearly 50% from its highest point in March this year, and this trend may continue in the near future. Pi Network price technicals point to more downside The daily chart shows that the value of
Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference. Zeta Global stock jumped after