Oil prices rose on Friday as escalating tensions in the Middle East heightened concerns about further supply disruptions, offsetting US President Donald Trump’s latest efforts to increase domestic fuel production. Brent crude futures for December delivery rose 0.4% to $113.64 a barrel, while West Texas Intermediate futures for December gained 0.56% to $100.02. Both benchmarks
Meta Platforms (META) shares are extending gains in after-hours trading on Wednesday after its third-quarter revenue beat expectations, giving investors fresh confidence in its ads business. But the October 21st report, brought more than an earnings update: the titan tightened its massive spending forecast and unveiled nonvoting shares. A separate $25 billion New Mexico court
Western Digital’s stock has been under pressure since June, when it peaked at $800. Since then, it has fallen more than 52% to its current price of $378, with its market capitalization shrinking from $257 billion to $141 billion. Investors are now looking to the company’s upcoming earnings report as a potential catalyst that could
Strategy (MSTR) stock has traded within a narrow range over the past few days as Bitcoin’s rally has lost momentum. The stock was trading at $142.70, down from its September high of $170. However, this period of consolidation could be the calm before the storm, especially after JPMorgan issued a bold prediction about Bitcoin’s future
Medical Properties Trust stock continued its strong downward trend, reaching its lowest level since February 2024. MPT has slipped by 53% from the year-to-date high, even as the company has made efforts to extend its maturities. Over time, its market capitalization has slumped from over $15 billion to $1.68 billion, and technicals suggest that it
The Nasdaq Composite rose on Monday as investors returned to technology and artificial intelligence-related stocks following last week’s sharp selloff, while markets looked ahead to earnings from major US companies. The tech-heavy index gained 1.1%, while the S&P 500 advanced 0.4%. The Dow Jones Industrial Average finished slightly below the flatline. The rebound followed a
Crude oil prices continued the upward trend, reaching its highest level since May 20 as the crisis in the Middle East gained momentum. Brent, the global benchmark, rose to $110, while West Texas Intermediate (WTI) moved to $99.05, well above its July low of $67. Iran continues to shoot ships Brent and West Texas Intermediate
Trump Media stock continued its strong downward trend, reaching its lowest level on record as headwinds jumped. DJT fell to $6.9, down by 60% from its highest point this year and 33% below its highest point in August. This sell-off may continue as the company faces some major headwinds. Trump Media is facing headwinds DJT
Bitcoin rebounded above $82,000 on Friday after stronger-than-expected US inflation data briefly pushed the cryptocurrency below a closely watched support level. BTC fell to approximately $79,800 following September’s Producer Price Index release before buyers stepped in. At the time of this report, Bitcoin is trading near $82,000, up 1.4% over the previous 24 hours. The
Gold rebounded above $4,150 an ounce on Thursday as a retreat in the dollar and Treasury yields gave bullion a quick reprieve from Wednesday’s inflation-driven sell-off. Spot gold rose more than 1% to about $4,159 after touching a one-week low near $4,073 in the previous session, while December US futures climbed towards $4,180. The recovery