Brent and WTI crude oil prices slipped sharply on Hyperliquid after President Donald Trump halted the planned attacks against Iran, citing requests from Iran and other Middle East countries. WTI dropped to $81, with its 24-hour volume hitting $181 million. Brent, the global benchmark, dropped to $83, down sharply from last month’s high of $100.
The USD/JPY exchange rate tumbled to its lowest level since May 14 as investors reacted to last week’s Federal Reserve and Bank of Japan (BoJ) interest rate decisions and the latest interventions by the US and Japanese authorities. It plunged to 157.45, down by over 4% from the year-to-date high. Japanese yen surges on US
Tesla stock rose by over 3.5% on Thursday and continued those gains in the extended hours after details of the potential merger with SpaceX emerged. TSLA hit a high of $315, up modestly from this week’s low of $296. Still, the question is whether a Tesla and SpaceX merger would be a good deal in
The FTSE 100 Index jumped to a record high this week as several important companies like IAG, NatWest, Lloyds, and Rolls-Royce published their financial reports and the Bank of England (BoE) delivered its interest rate decision. It soared to 10,976, up by 13.4% from its lowest level this year. This article looks at some of
The DAX Index jumped to a record high of €82,883 as several important German companies like BMW, Deutsche Bank, Mercedes-Benz, and BASF published mixed financial results and as investors rotated to non-AI firms. It has jumped by nearly 20% from its lowest level this year as focus now shifts to some key companies like Bayer,
Taylor Wimpey share price plunged today, July 31, reaching a low of 76.42p, its lowest level since July 8, after the management slashed its payouts to investors amid woes in the UK housebuilding sector. TW stock was trading at 79.16, down by 25% from where it started the year. Taylor Wimpey has slashed its payouts
International Consolidated Airlines (IAG) share price dropped to 414p and then bounced back after the company published mixed financial results amid the ongoing US-Iran war. IAG was trading at 435p at the time of writing, down by 12% from its highest point this year. IAG ditches its growth plans IAG, the parent company of British
Caterpillar stock has pulled back substantially, moving from the year-to-date high of $1,073 to the current $809. It has dropped in the past six consecutive weeks, its longest streak in years. This article explores whether the CAT stock will continue its strong downtrend as its earnings loom. Caterpillar stock has dived ahead of earnings CAT
Palantir stock price remained under pressure this week as traders waited for the second-quarter earnings. PLTR was trading at $122.26, down by over 40% from its highest point this year, erasing some of the gains it made last year. This retreat will be put to the test as it publishes its financial results. Palantir Technologies
The Kospi Index has plunged this year, moving from a record high of 9,410 in June to the current 5,817. This retreat has made it one of the worst-performing global indices. Similarly, the iShares MSCI South Korea ETF (EWY) has dived to $144.2 from the year-to-date high of $217. This article highlights the four reasons