Latest News
Geopolitical Tensions Fuel Oil Rally as Hormuz Disruption Deepens
Oil prices are set for further gains as geopolitical risks escalate around the Strait of Hormuz, with Brent crude reaching its highest level since mid-2022. Supply disruptions and refinery cutbacks in Asia intensify market tightness.
Mortgage Rates Surge Past 6.5% as Bond Yields Climb, Housing Data Weakens
U.S. mortgage rates jumped above 6.5% on Friday, reaching their highest level since early September. The surge follows a climb in the 10-year Treasury yield toward 4.37%, with market expectations for Federal Reserve rate cuts fading.
U.S. Natural Gas Holds Near $3.10 Amid Gulf Tensions, Mild Weather
U.S. natural gas prices are balancing geopolitical risks from Gulf supply disruptions against bearish domestic factors like warm weather forecasts and rising storage inventories.
XRP Faces Macro Headwinds Despite Regulatory Breakthrough
XRP traded near $1.39, down 3%, as broader crypto markets retreated. New U.S. regulatory clarity was overshadowed by Federal Reserve policy and surging oil prices.
Bitcoin Retreats from $70K as Macro Pressures Mount
Bitcoin declined 2.4% to $68,678, retreating from a brief push above $70,000. The pullback comes as ETF inflows slowed and macroeconomic headwinds from energy markets and interest rates intensified.
Silver's Critical Week: Oil, PMIs, and Fed Outlook to Dictate Direction
Spot silver fell sharply to $69.39 an ounce, pressured by a stronger dollar and rising Treasury yields. The metal's path this week hinges on oil price volatility, key manufacturing data, and evolving Fed policy bets.
Gold Braces for Turbulent Week Amid Fed Rate Fears and Middle East Tensions
Gold prices declined 1.8% to $4,563.64 an ounce, marking a third consecutive weekly drop. Traders are navigating conflicting pressures from shifting Fed rate expectations and escalating geopolitical risks in the Middle East.
Kratos Defense Shares Slide 9% Amid Market Selloff, Nearing Recent Offering Price
Kratos Defense shares dropped sharply on Friday, closing at $84.62 after an 8.79% decline. The selloff brings the stock near the $84 price from its recent equity offering as broader markets retreated.
Geopolitical Tensions Fuel Oil Spike, Pressure Equities
Rising oil prices driven by Middle East tensions are stoking inflation fears and rattling stock markets, with the S&P 500 closing at a six-month low. The Federal Reserve held rates steady but highlighted energy cost risks.
Fundrise VCX Soars on NYSE, Defying Market Downturn as AI Craze Fuels Demand
Fundrise's VCX, a public venture capital fund, closed at $117.70, up 54.5% since its NYSE debut, trading at a steep premium to net asset value. The fund's heavy allocation to private AI companies drove demand despite broader market declines.
Ondas Shares Slide on Accounting-Driven Profit Revision
Ondas Holdings shares declined 6.4% following a revised financial outlook that attributed a $102 million profit boost to an accounting adjustment rather than operational improvement. The company maintained its revenue guidance.
Archer Aviation Shares Drop Despite Federal eVTOL Program Inclusion
Archer Aviation shares declined 4.3% to $5.76, with market concerns over its financial losses and capital requirements outweighing news of its inclusion in a federal advanced air mobility program.