Markets

The Trump administration has discussed trading oil futures to suppress prices as the Strait of Hormuz blockade sends Brent past $100. Experts warn of catastrophic consequences.

Brent crude closes above $100 for first time since 2022 as Iran's Supreme Leader pledges to maintain Strait of Hormuz blockade. Oil up 40% since war began.

Crude prices have surged 50% since late February, briefly topping $120 before falling on Trump comments. The Strait of Hormuz blockade threatens one-fifth of global oil supply.

Heavy equipment maker rallies 4% to 52-week high after BofA raises target to $825. Data center power generation drives Energy & Transportation segment growth.

Nvidia jumps 7%, AMD rebounds 8%, and Broadcom gains 6% as investors reframe hyperscaler capex plans as a semiconductor revenue bonanza.

Blue-chip index surges 1,207 points in its best day since May, powered by a tech rebound and AI spending tailwinds that lifted all 30 components.

Dow sheds 593 points, Nasdaq falls 1.6%, and S&P 500 erases year-to-date gains as AI spending fears and Amazon's after-hours plunge fuel the selloff.

AMD plunges 17%, pulling Broadcom, Micron, and Applied Materials down 7-11%. Dow bucks the trend with 260-point gain as investors rotate into value.

Salesforce, ServiceNow, Intuit plunge 7-11% as Anthropic's AI tools fuel disruption fears. S&P software index suffers worst month since 2008.

Cryptocurrency falls 40% from its $126K peak as $2B in leveraged positions liquidate. ETF outflows accelerate while analysts warn the rally may be over.

Jakarta Composite posts worst decline since 1998 Asian crisis. Stock exchange CEO resigns after $84 billion wipeout. MSCI warns of potential frontier market status.

Benchmark index hits milestone before pulling back on Fed chair news and earnings reactions. Dow gains 1.6% for the month.

S&P 500 gains 1.2% for the month as tech selloff and Fed chair uncertainty failed to derail the rally. Dow leads with 1.6%.

Shipping giant announces layoffs and facility closures as it unwinds low-margin Amazon partnership. Company expects to exit Amazon deal by mid-2026.

Beijing grants preliminary approval for Alibaba, Tencent, and ByteDance to purchase advanced AI chips. More than 2 million units already on order.

10-year yield drops to 4.58% as investors position for FOMC decision. Rate pause expected but forward guidance in focus.

S&P 500 falls 0.5% as semiconductor weakness offsets tariff relief. Fed meeting and megacap earnings loom next week.

Supply constraints and weak guidance trigger massive selloff as CEO Tan warns turnaround will take time. Trading volume hits 290 million shares.

Tech giant unveils first robotics-focused model from Phi family. System translates natural language into robot control signals for complex manipulation tasks.

Credit card giant acquires corporate expense platform at steep discount to its $12.3B peak valuation. Deal expected to close mid-2026.

Chipmaker's Q1 outlook misses estimates as supply shortages peak. Stock erases recent rally in after-hours trading.

Shares surge 10% as investors bet on turnaround progress. Fourth-quarter results due after market close with foundry outlook in focus.

Stocks attempt recovery after Tuesday's 2% plunge as president signals willingness to negotiate. Futures flat ahead of earnings wave.

S&P 500 futures drop 1.4% as Europe prepares $108B retaliation. 200% duty on French wine escalates trade standoff, VIX spikes 19%.

US exchanges shut Monday for holiday. Trading resumes Tuesday with packed calendar including Netflix, Johnson & Johnson, and Intel earnings.

US imposes 10% duties on eight European nations over Greenland dispute. EU weighs $108B in retaliation as futures slide and gold rallies.

Markets closed Monday for Martin Luther King Jr. Day. Netflix earnings, Fed commentary, and historical patterns point to a volatile week.

The Russell 2000 is off to its best start in a decade. Lower rates, cheap valuations, and fiscal tailwinds drive the rotation from mega-caps.

Broad market index slips 0.06% Friday to close at 6,940 amid Trump comments on Fed leadership. Banks and chips extend gains despite weekly decline.

S&P 500 futures gain 0.3% as Wall Street looks to end week on upbeat note. Regional bank earnings and industrial production data ahead.

TSMC and Taiwanese companies pledge massive investment in American fabs. Tariffs capped at 15% as Trump administration reshapes semiconductor supply chain.

Medical device giant acquires stroke and clot treatment maker at 19% premium. Deal expands cardiovascular portfolio with mechanical thrombectomy.

The Trump administration finalizes rules allowing Nvidia's advanced AI chips to ship to China, subject to testing, quotas, and security conditions.

Elon Musk announces February 14 deadline to buy Full Self-Driving outright. After that, it's $99 per month or nothing.

S&P 500 futures edge lower as investors parse inflation data and JPMorgan results while awaiting the rest of bank earnings week.

Johnson & Johnson becomes the latest pharma giant to exchange drug price cuts for tariff exemptions, joining 14 other companies on the TrumpRx platform.

Major indexes post records as jobs report seals rate bets, with semiconductor stocks leading gains and all three averages finishing higher for 2026's first full trading week.

Intel stock surges after CEO Lip-Bu Tan meets with President Trump, who touts the chipmaker's 'national champion' status as the US government stake doubles in value.

Meta signs multi-gigawatt nuclear agreements with Vistra, Oklo, and TerraPower to power its Prometheus AI supercluster, driving nuclear stocks sharply higher.

Lockheed Martin jumps 4%, Northrop Grumman rallies as Trump proposes boosting military spending to $1.5 trillion in 2027 from $901 billion.

NVIDIA drops 2% as sector rotation hits AI stocks hard. The Philadelphia Semiconductor Index falls roughly 2% amid broad profit-taking.

US markets kick off 2026 with record highs as Dow Jones Industrial Average crosses 49,000 for the first time and S&P 500 notches fresh all-time high at 6,944.

Jensen Huang unveils Rubin AI platform with 5x performance gains, announces Alpamayo autonomous driving partnership with Mercedes-Benz, and declares 'ChatGPT moment for physical AI' has arrived.

Billionaire investor Peter Thiel sold his entire 537,000-share NVIDIA position and cut Tesla holdings by 76% in Q3 2025, pivoting to Apple and Microsoft.

Jensen Huang's keynote kicks off a critical week for chip stocks as NVIDIA, AMD, and Intel compete to define the next generation of AI computing.

Chevron and ConocoPhillips jump 7% in premarket as US military operation to capture Nicolas Maduro reshapes energy and defense sector outlook.

Nvidia CEO Jensen Huang takes the stage Monday to outline 2026 strategy, with analysts expecting major announcements on physical AI, robotics, and Cosmos foundation models.

Federal appeals court denies environmental groups' emergency motion to block California pipeline restart, sending shares to session highs.

Barclays upgrades Vertiv to Buy, sees substantial earnings upside as data center demand accelerates and liquid cooling market doubles.

Jefferies raised Reddit's price target to $325, implying 40% upside, citing AI data licensing opportunities and strong ad growth momentum.

The S&P 500 gained 0.7% and the Nasdaq jumped 1.3% on Friday as AI enthusiasm carried into the new year. Nvidia rose 3%.

A federal investigation has uncovered a smuggling ring that allegedly exported at least $160 million in export-controlled Nvidia AI chips to China and other prohibited destinations.

The benchmark index finishes up 17% for the year, marking just the fifth time since 1940 that stocks have posted three consecutive years of double-digit returns.

After touching $122,000 in July, BTC closes the year below $88,000 as extreme fear grips the crypto market heading into 2026.

Chip Wilson nominates former On Running CEO and ex-Activision chief to LULU's board as shares have shed nearly half their value in 2025.

SoftBank acquires data center investor DigitalBridge at a 50% premium to its 52-week average, adding $108B in infrastructure assets to its AI ambitions.

The Nasdaq fell 0.7% and S&P 500 slipped 0.4% Monday as megacap tech stocks retreated, casting doubt on the Santa Claus rally's staying power.

Hedge fund Toms Capital Investment Management disclosed a significant position in Target, adding pressure to a retailer down 27% in 2025.

Nvidia will license Groq's ultra-low-latency inference technology and hire key executives including CEO Jonathan Ross in a deal that signals the AI chip race is shifting.

Federal regulators opened an investigation into 179,000 Tesla Model 3 vehicles over emergency exit concerns, adding regulatory pressure as the stock trades near record highs.

The S&P 500 closed at 6,932 and the Dow at 48,731 on Christmas Eve, both all-time records, as the traditional year-end rally window opens.

Apple's CEO bought 50,000 Nike shares at $58.97, the largest director purchase in over a decade, as the sportswear giant struggles through a turnaround.

Google's parent company acquires data center and energy infrastructure firm Intersect to secure electricity for its AI ambitions as U.S. grids struggle to keep pace.

The quantum computing pioneer announces plans to showcase commercial applications at CES 2026, sending shares to 52-week highs as investors bet on real-world adoption.

Novo Nordisk wins approval for the first oral GLP-1 weight loss medication, launching in January at $149 per month as Eli Lilly races to catch up.

A major policy shift under Trump opens the door for Nvidia to sell its second-most powerful AI chips to Chinese clients, pending Beijing's approval.

Cintas renews its hostile takeover attempt for rival UniFirst at $275 per share, offering a 64% premium after years of failed negotiations.

The largest U.S. bank is exploring spot and derivatives crypto trading for institutions, marking a significant shift in Wall Street's approach to digital assets.

Larry Ellison personally guarantees $40.4 billion to back Paramount's $108B hostile offer for Warner Bros. Discovery, escalating the fight against Netflix.

The years-long TikTok saga ends with Oracle, Silver Lake, and MGX taking 45% of a new $14 billion joint venture, with ByteDance retaining 19.9%.