Oil prices plunge 15%, stock futures rally after Trump floats two-week Iran war ceasefire
Oil prices plunged and U.S. stock futures soared Tuesday evening after President Donald Trump announced “a double sided ceasefire” in the war with Iran at the request of Pakistan, which has been serving as an intermediary for the two nations.
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High Growth Tech Stocks In Asia To Watch
In recent weeks, Asian markets have experienced mixed performances as geopolitical tensions and energy market volatility weigh on investor sentiment. Amid these uncertainties, the tech sector in Asia continues to capture attention due to its potential for high growth, driven by innovation and increasing digital adoption across the region. In such a dynamic environment,
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Read More3 ETFs to Buy Now If You Want to Invest Directly in OpenAI
On March 31, OpenAI completed its largest funding round to date, securing $122 billion and reaching an $852 billion valuation. The spotlight intensified because a well-known buyer entered the picture: Cathie Wood of ARK Invest.
Cathie Wood’s ARK Invest is now opening a rare door for everyday investors with direct exposure to one of the world’s most valuable private AI companies,
» Read more about: 3 ETFs to Buy Now If You Want to Invest Directly in OpenAI »
Read MoreWhy Alibaba Stock Plummeted by Almost 13% Last Month
Key Points
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One was the U.S. government, which was apparently mulling limits on exports of cutting-edge AI chips.
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Another was the company’s own performance, as third-quarter results missed analyst estimates.
Massive Chinese tech company Alibaba (NYSE: BABA) was looking rather diminished on the U.S.
» Read more about: Why Alibaba Stock Plummeted by Almost 13% Last Month »
Read MoreMore Federal Reserve officials see possible rate hikes this year, minutes show
WASHINGTON — The number of Federal Reserve policymakers willing to consider an interest rate hike this year rose between the January and March meetings, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months.
Minutes of the Fed’s March 17-18 meeting, released Wednesday, showed that “some” of the central bank’s 19 policymakers on its rate-setting committee supported changing their post-meeting statement to reflect the potential for a future rate hike.
» Read more about: More Federal Reserve officials see possible rate hikes this year, minutes show »
Read MoreThe Burst
Palantir’s Run Feels Unstoppable, But for How Long?
Palantir Technologies (NYSE: PLTR), the data analytics powerhouse, has been one of Wall Street’s most explosive success stories. Since its direct listing in late 2020 at $10 a share, the stock has soared by almost 18-fold gain. Over that same stretch, the S&P 500 hasn’t even doubled.
That kind of outperformance doesn’t happen by accident.
» Read more about: Palantir’s Run Feels Unstoppable, But for How Long? »
Read MoreThe Ivy
Is Micron’s AI Gold Rush a Perfect Storm?
Micron Technology soared by more than 42.98% over the last 30 days, a jaw-dropping rally even by tech’s feverish standards. The reason? Artificial intelligence and specifically, the voracious appetite for memory chips powering the world’s new AI data centers.
But beneath the surface of the AI euphoria, do the fundamentals justify the soaring share price?
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Read MoreThe Spotlight
Brinker Just Flashed Classic Reversal Signal, Time to Take a Bite?
After weeks of sluggish price action, Brinker International (NYSE: EAT) is starting to show signs that the bulls are back in the kitchen.
On March 25th, EAT delivered a textbook technical setup that a technical trader could only but describe as a “character change.”
The stock filled a prior gap from early March,
» Read more about: Brinker Just Flashed Classic Reversal Signal, Time to Take a Bite? »