Exxon Mobil (XOM) gained over 3% as oil prices surged past $110. Morgan Stanley raised its price target to $172 amid Strait of Hormuz disruptions.
Browsing: News
Nevada residents bypass Kalshi’s court-ordered sports betting ban through address changes. April 3 hearing may determine permanent restrictions.
Norway launches a four-year action plan to combat youth gambling through education and expanded treatment services, avoiding regulatory changes.
Federal judge denies NCAA’s emergency request blocking DraftKings from March Madness branding. Trademark case continues in Indiana court.
Palo Alto Networks (PANW) plunged 6% on Anthropic AI concerns. CEO Nikesh Arora responded with a $10M stock purchase, signaling confidence in the company.
Mistral AI raises $830M in its first debt financing round to purchase 13,800 Nvidia chips for a Paris-area data center opening in Q2 2026.
Gold rebounds 0.4% to $4,509/oz after last week’s selloff as Iran strikes aluminum plants and Houthi attacks on Israel intensify Middle East conflict fears.
Cybersecurity stocks tumbled Friday as Anthropic tests Mythos AI model. CrowdStrike (CRWD), Palo Alto (PANW), Zscaler (ZS) dropped 6-9% on AI disruption fears.
McDonald’s (MCD) and Restaurant Brands (QSR) grapple with elevated energy costs and weakening demand as Iran conflict impacts fast-food operations.
Morgan Stanley downgrades global equities amid oil surge but sees S&P 500 correction ending soon. Key market signals suggest bottom may be near.
BYD stock slips as profit falls 19% in 2025. The EV maker now targets 1.5M exports in 2026, up 15% from initial guidance, as China sales collapse 58%.
Meta and Google found liable for $6M in social media addiction case. Both tech giants plan appeals in landmark trial that could reach Supreme Court.
Brent crude jumped past $115/barrel as Houthi forces attacked Israel, while Bitcoin fell and Asian stocks dropped amid escalating Middle East tensions.
Nvidia (NVDA) stock down 20% from peak as PE ratio falls below S&P 500. Institutions sold $70B in Q4 despite 65% revenue growth and bullish AI outlook.
Trump endorses prediction markets while bipartisan bills target election and sports betting. DraftKings, Flutter stocks plummet as platforms add integrity rules.