American Airlines’ stock falls as it rejects United merger talk

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

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

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

Europe shares dip as US-Iran peace outlook weakens

Futures tracking Europe’s main stock indexes fell sharply on Monday, as renewed geopolitical tensions in the Middle East dampened investor sentiment. The decline followed Washington’s seizure of an Iranian cargo ship attempting to bypass a blockade, prompting Tehran to vow retaliation. The STOXX 600 index were down nearly 1.5%, reflecting broad-based weakness across regional markets.… Continue reading Europe shares dip as US-Iran peace outlook weakens

The Strait of Hormuz keeps markets on edge as ceasefire deadline nears

Fifty days into a war that has rewritten the rules of global energy, the Strait of Hormuz has opened and closed three times already. The last opening lasted less than 24 hours. The ceasefire expires on Wednesday. And the people who actually move oil around the world are far more alarmed than the people trading… Continue reading The Strait of Hormuz keeps markets on edge as ceasefire deadline nears

Morning brief: global markets eye Hormuz as geopolitical risks persist

Global markets showed resilience on Monday, choosing to look beyond escalating tensions in the Middle East and instead focus on hopes for a deal that could keep shipping routes open through the Strait of Hormuz. Markets traded thinly but remained relatively stable, suggesting investors were not yet pricing in a worst-case scenario. The cautious optimism… Continue reading Morning brief: global markets eye Hormuz as geopolitical risks persist