Shares of American Airlines fell over 3% in premarket trading on Monday after the carrier publicly dismissed speculation of a potential megamerger with rival United Airlines, even as rising oil prices and operational disruptions weighed on the broader aviation sector. The airline issued a statement late Friday rejecting any discussions around a tie-up, pushing back… Continue reading American Airlines’ stock falls as it rejects United merger talk
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USA Rare Earth stock jumps on $2.8B Brazil deal to counter China grip
Shares of USA Rare Earth rose in early Monday trading after the company announced a $2.8 billion deal to acquire Brazil-based Serra Verde Group, a move aimed at strengthening its supply chain and reducing Western dependence on China for critical minerals. The stock gained 10% in premarket trading, extending a recent rally, even as equity-funded… Continue reading USA Rare Earth stock jumps on $2.8B Brazil deal to counter China grip
How the energy crisis from Iran war is boosting China’s edge in global clean tech
America’s allies, grappling with surging energy costs triggered by Washington’s military strikes on Iran and the resulting disruption in global supply chains, are confronting a strategic dilemma. The crisis has highlighted the need to move away from volatile fossil fuel markets. However, it has also exposed a new risk, as energy security increasingly depends on… Continue reading How the energy crisis from Iran war is boosting China’s edge in global clean tech
AST SpaceMobile sinks 15% after Blue Origin satellite failure
Shares of AST SpaceMobile fell sharply in premarket trading on Monday after the company disclosed a major setback involving one of its latest satellites, raising concerns about execution risks in the fast-growing space-based broadband race. The stock dropped more than 15%, after the company confirmed that its BlueBird 7 satellite had been placed into an… Continue reading AST SpaceMobile sinks 15% after Blue Origin satellite failure
Bitcoin ETFs log $996M inflows even as Iran tensions resurface
US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk appetite and geopolitical developments drove institutional activity. ETF inflows hit multi-month highs According to data from SoSoValue, spot bitcoin ETFs drew in $996.4 million in net inflows last week, marking the largest… Continue reading Bitcoin ETFs log $996M inflows even as Iran tensions resurface
Intel stock price rally faces a major test on April 23
Intel stock price has soared recently and is now hovering at its all-time high, helped by several important announcements. This surge will be put to the test on April 23 when the company publishes its financial results. It was trading at $68.50, a few points below the record high of $70. Why Intel stock has… Continue reading Intel stock price rally faces a major test on April 23
FTSE 100 Index slips as IAG, Lloyds, EasyJet, Rolls-Royce shares tumble
The FTSE 100 Index retreated by nearly 1% on Monday, mirroring the performance of other global indices after the closure of the Strait of Hormuz. It dropped to £10,600 from last week’s high of £10,717. IAG, EasyJet, and Rolls-Royce shares lead the drop Companies in the travel and adjacent industries were among the top laggards… Continue reading FTSE 100 Index slips as IAG, Lloyds, EasyJet, Rolls-Royce shares tumble
Dow Jones futures are falling today: will the earnings season trigger a rebound?
The Dow Jones Index futures slipped on Monday as concerns about the rising US-Iran tensions rose. They dropped by over 300 points to $49,185, down from last week’s close of $49,445. This article provides a forecast on what to expect as corporate earnings rise. Dow Jones Index futures drop as geopolitical risks rise The blue-chip… Continue reading Dow Jones futures are falling today: will the earnings season trigger a rebound?
XRP price prediction: double-bottom forms as Ripple ETF inflows rise
XRP price pulled back slightly on Monday as sentiment in the crypto industry worsened and the Fear and Greed Index exited the greed zone. Ripple token was trading at $1.4096 on Monday, down slightly from last week’s high of $1.5083. Still, the coin has formed a double bottom pattern, pointing to a rebound as ETF… Continue reading XRP price prediction: double-bottom forms as Ripple ETF inflows rise