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Kospi slides as Gulf strikes rattle oil, bonds and Asian markets

Asian markets fell sharply on Monday after drone strikes in the Gulf reportedly triggered a fire at a nuclear power facility in the UAE, lifting oil prices and reigniting fears over inflation, tighter monetary policy and slower global growth. The renewed geopolitical tensions pushed investors away from equities and into defensive positions, while global bond… Continue reading Kospi slides as Gulf strikes rattle oil, bonds and Asian markets

Samsung stock jump 5%: is the strike crisis finally easing?

Samsung stock swung sharply last week as fears over a massive worker strike erased billions from the company’s market value. The stock fell as much as 9.3% as labor talks broke down and a planned strike drew closer, then recovered on Monday after South Korea’s government stepped in to cool the dispute. The immediate question… Continue reading Samsung stock jump 5%: is the strike crisis finally easing?

WTI crude oil outlook as odds of renewed US–Iran conflict increase

The WTI crude oil price jumped to $103.3 on Monday morning as investors bet that the US and Iran will go back to war. Brent, the global benchmark, rose to $111.27, its highest point since May 5. These gains may accelerate in the near term if the war resumes. Donald Trump threatens Iran The WTI… Continue reading WTI crude oil outlook as odds of renewed US–Iran conflict increase

Mizuho stock tumble after 660% profit jump: what’s rattling investors?

Mizuho Financial Group delivered a strong result as quarterly profit for January–March surged to 228.7 billion yen from 30.1 billion yen a year earlier, and full-year net profit reached a record 1.25 trillion yen. Yet the stock market did not reward the performance. On Monday, Mizuho shares fell sharply after a weekend media report sparked… Continue reading Mizuho stock tumble after 660% profit jump: what’s rattling investors?

SpaceX IPO: 2 AI stocks that stand to benefit big time

SpaceX’s confidential S-1 filing sets the stage for a historic initial public offering. Targeting a valuation between $1.75 trillion and $2 trillion, a sharp premium to recent $800 billion private tenders, the aerospace manufacturer aims to raise roughly $75 billion. This offering would shatter records, eclipsing Saudi Aramco’s 2019 debut. Beyond unlocking liquidity for early… Continue reading SpaceX IPO: 2 AI stocks that stand to benefit big time

Zeta Global stock soared after Snowflake OSI entry: what next?

Zeta Global stock price jumped by over 4% on Friday in a high-volume environment after the company joined the Open Semantic Exchange (OSI), an initiative by Snowflake. ZETA jumped to $17.6, its highest point since May 7 as focus shifts to the upcoming JPM Global Technology, Media, and Communications Conference. Zeta Global stock jumped after… Continue reading Zeta Global stock soared after Snowflake OSI entry: what next?

Pi Network price prediction: headwinds rise as it loses key support

Pi Network price dropped for three consecutive days, reaching its lowest level since February 26. It has now plunged by nearly 50% from its highest point in March this year, and this trend may continue in the near future.  Pi Network price technicals point to more downside The daily chart shows that the value of… Continue reading Pi Network price prediction: headwinds rise as it loses key support

Is the Brent crude oil price set to surge amid the US-Iran quagmire?

Brent crude oil price ended last week at $109.50, its highest point since May 5 this year. It has soared by over 13% from the lowest point this month, and may have more gains ahead as the quagmire between the US and Iran continues. Worse, it has formed the bullish inverted head-and-shoulders pattern, pointing to… Continue reading Is the Brent crude oil price set to surge amid the US-Iran quagmire?