Analysts this week issued a series of major calls on AI-related stocks, with Raymond James initiating SpaceX with a bullish $800 target, while Bernstein downgraded Salesforce citing poor customer reviews for its Agentforce AI platform.
A new report from Bernstein finds that while artificial intelligence is improving price discovery and research, it also introduces significant new risks of synchronized trading and severe market dislocations.
Iran launched a series of missile and drone attacks against U.S. military facilities in several Gulf states, shattering a recent ceasefire and prompting renewed volatility in global energy markets. The strikes follow U.S. military action and come amid heightened tensions over control of the strategic Strait of Hormuz.
Iran launched retaliatory missile and drone attacks on U.S. military facilities in several Gulf states, shattering a fragile ceasefire and renewing concerns over the stability of global energy supplies through the Strait of Hormuz.
Shipping through the Don-Azov channel, a critical route for Russian grain exports, has been suspended following a reported Ukrainian attack on Russian vessels in the Sea of Azov, according to industry sources.
President Donald Trump announced the end of a ceasefire with Iran but said talks would continue, following a week of military escalations in the Strait of Hormuz that has pushed crude oil prices to their largest weekly gain in two months.
U.S. Central Command stated Sunday that its forces are 'positioned and prepared' to ensure freedom of navigation in the Strait of Hormuz, countering Iran's claim to have closed the vital oil waterway after a military clash.
Several major currency pairs, including EUR/USD and USD/JPY, are bracing for the expiry of option contracts worth billions of dollars on Wednesday, which could influence short-term price action. Data from the DTCC highlights key strike prices that may act as magnets for spot rates.
The British pound fell against the U.S. dollar, which gained broadly on safe-haven demand fueled by Middle East tensions, rising oil prices, and investor positioning ahead of potentially hawkish Federal Reserve minutes.
