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Oil Volatility Persists Near $100 as Ceasefire Hopes Clash with Supply Realities
Oil prices fluctuated sharply on Wednesday, with Brent crude touching $98.35 before recovering near $103, as hopes for a swift end to the Iran conflict were tempered by persistent supply disruptions. The IEA warned April supply losses could double March's figures.
India's Crypto Futures Market Sees Youth and Female Trader Surge
Gen Z investors aged 18-25 now constitute 61% of new crypto futures traders in India, while female participation jumped 20% year-on-year. Average trade sizes on the Pi42 platform have nearly doubled to $1,960.
Intel Q1 Earnings Preview: AI Demand and 18A Yields in Spotlight
Intel is scheduled to release its first-quarter 2026 financial results on April 23, after the market closes. The chipmaker's performance will be scrutinized for updates on server supply constraints, advanced manufacturing yields, and its competitive positioning in AI.
Snap Jumps on Activist Pressure for AI Focus, Cost Cuts, and Specs Review
Snap shares climbed sharply after activist investor Irenic Capital disclosed a stake and urged the company to sharpen its AI focus, cut costs, and reconsider its Specs division. The company recently returned to profitability but issued soft Q1 guidance.
Stocks Soar on Iran De-escalation Hopes, But Quarter Ends in Red
U.S. equities staged their strongest rally in nearly a year Tuesday, with the Dow jumping over 1,100 points, fueled by optimism about a potential winding down of the Iran conflict. Despite the surge, major indices closed the quarter with steep losses.
Fidelity Canada to Shutter Eight Funds as Retirement Products Outperform
Fidelity Investments Canada is winding down eight funds, with most closures set for late July. Meanwhile, the firm's Freedom 2045 and 2015 retirement funds outperformed their benchmarks in the fourth quarter of 2025.
Nvidia Invests $2 Billion in Marvell to Bolster Custom AI Chip Strategy
Nvidia has committed $2 billion to Marvell Technology, deepening a collaboration focused on custom AI processors and advanced networking. The move comes amid soaring industry investment in artificial intelligence infrastructure.
Global Markets Rally on Geopolitical Ease; Microsoft, Marvell Gain on AI Bets
Global equities advanced Wednesday as signs of easing Middle East tensions spurred a risk-on rally. Microsoft gained on a major AI infrastructure investment, while Marvell Technology surged following a strategic partnership with Nvidia.
Bitmine Expands Ether Treasury and Staking Revenue with Major Acquisition
Bitmine Immersion Technologies shares climbed 8% following the disclosure of a substantial ether purchase and the completion of its acquisition of Australian staking infrastructure firm Pier Two.
TikTok Seeks Brazil Fintech Entry, Challenging Nubank's Dominance
TikTok is moving into Brazil's financial services sector, applying for licenses to offer payments and credit. This development introduces a significant new competitor for Nu Holdings' Nubank, which currently dominates the digital banking space in the region.
RH Shares Plunge on Q4 Miss, Dim Q1 Forecast
RH shares fell sharply in extended trading after the company reported fourth-quarter revenue and earnings below Wall Street expectations and issued a weak first-quarter sales outlook.