Avis Budget’s stock price has gone through a short squeeze recently, making it one of the top gainers on Wall Street. It has jumped in the last five consecutive days and moved to its highest point since April 2022. Avis Budget stock chart | Source: TradingView Avis Budget stock has experienced a short squeeze The… Continue reading Avis Budget rally echoes Opendoor, GoPro surges — caution ahead
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US-Iran truce sparks global rally, but uncertainity keeps analysts cautious
Global financial markets surged on Wednesday after the United States and Iran agreed to a temporary two-week ceasefire, easing fears of prolonged disruption to energy supplies and sending crude prices sharply lower. The announcement, which raised hopes of a reopening of the Strait of Hormuz, a key artery for global oil trade, triggered a broad-based… Continue reading US-Iran truce sparks global rally, but uncertainity keeps analysts cautious
Dow futures surge 1,000 points: 5 things to know before market opens
Dow futures surged in early trading on Wednesday after Washington and Tehran agreed to a two-week ceasefire, easing fears of a broader regional conflict and triggering a cross-asset relief rally. Oil tumbled, Treasury yields eased and volatility gauges retreated as investors rotated back into risk assets. The rebound rippled through Asia and Europe, while traders… Continue reading Dow futures surge 1,000 points: 5 things to know before market opens
Volatility funds near end of selling spree, Nomura sees stock bounce
Volatility-driven investors, the biggest sellers of US equities in March, may be close to exhausting the sharpest phase of their risk reduction, according to Nomura. The bank said systematic strategies tied to realised volatility, including commodity trading advisers and volatility-control funds, had already cut a large amount of equity exposure during the recent bout of… Continue reading Volatility funds near end of selling spree, Nomura sees stock bounce
Here’s why the Rolls-Royce share price is soaring today
Rolls-Royce share price surged by 10% on Wednesday, reaching its highest point since March 12. It has soared by 16% from its lowest point this year. The main reason for the ongoing rally is the ceasefire between the United States and Iran, which started today. This ceasefire has led to a significant plunge in crude… Continue reading Here’s why the Rolls-Royce share price is soaring today
Close Brothers stock jump 23% as $430M redress eases fears
Close Brothers stock surged on Wednesday after the specialist lender said the expected cost of the UK motor finance redress scheme would be broadly in line with money it had already set aside, easing investor concern after a recent short-seller attack. The stock rose as much as 23% in early trading, with mid-morning gains still… Continue reading Close Brothers stock jump 23% as $430M redress eases fears
Shell, BP, TotalEnergies fall as oil slumps on Iran ceasefire
European oil and gas shares fell sharply on Wednesday after the United States and Iran agreed to a two-week ceasefire, sending crude prices lower and prompting investors to unwind positions in a sector that had surged on fears of prolonged supply disruption. The region’s oil and gas index dropped 4.3%, putting it on course for… Continue reading Shell, BP, TotalEnergies fall as oil slumps on Iran ceasefire
This Nvidia-backed stock is down 42% this year: should you buy?
CoreWeave stock (NASDAQ: CRWV) has become one of the more closely watched trades in the AI boom. The company sits in a sweet spot of the market, renting out access to Nvidia-powered computing infrastructure as demand for AI training and inference keeps rising. But the same story that made investors excited is also what is… Continue reading This Nvidia-backed stock is down 42% this year: should you buy?
Asia chip stocks jump as US-Iran truce reopens Hormuz
Asian technology and semiconductor shares rose on Wednesday as hopes of a ceasefire between the US and Iran, along with a possible reopening of the Strait of Hormuz. The move reflected a broader relief trade after President Donald Trump said he would delay any military action against Iran, while negotiations continued over conditions tied to… Continue reading Asia chip stocks jump as US-Iran truce reopens Hormuz
