Oppenheimer sets a $190 price target for SpaceX shares after the IPO prices at $135 amid high valuation concerns. SpaceX’s initial public offering priced at $135 per share, with Oppenheimer assigning an Outperform rating and a $190 target. The valuation reflects strong mar
Bank of Thailand sees no need for emergency meeting The Bank of Thailand has decided not to hold an emergency meeting due to the modest weakening of the Thai Baht during the U.S.–Iran conflict. The central bank cites strong external buffers as a key factor in its deci
We are seeing huge moves in markets after Trump announced a peace deal with Iran. The news was confirmed by Israel's N12, which suggests it's a broader deal that also includes Lebanon We are seeing large, immediate moves in markets with the S&P 500 up 1.3%, or just
U.S. suspends military action against Iran amid reports of a pending regional agreement involving multiple nations. President Donald Trump canceled planned U.S. military strikes on Iran Thursday, citing progress toward a comprehensive Middle East agreement. The decision fo
XAU/USD recovers from a six-month low, climbing to $4,091 amid escalating geopolitical risks in the Middle East. Gold prices reversed earlier losses, gaining 0.58% to trade at $4,091 as heightened US-Iran tensions dimmed prospects for a swift Middle East conflict resolutio
Energy executives warn White House of critically low oil reserves amid stalled Iran negotiations and rising geopolitical risks. US oil inventories fell by 9 million barrels last week, following a 7 million-barrel drawdown the prior week, as geopolitical tensions with Iran
WTI retreats as US‑Iran diplomacy tempers supply fears ahead of Fed decision West Texas Intermediate (WTI) trades around $89.50 on Thursday at the time of writing, down 0.86% on the day, as investors trim positions following the recent rally driven by Middle East
West Texas Intermediate (WTI) trades around $89.50 on Thursday at the time of writing, down 0.86% on the day, as investors trim positions following the recent rally driven by Middle East tensions. Despite renewed rhetoric between Washington and Tehran and stronger-than-exp
Berkshire Hathaway’s chairman sees rising utility costs as a natural outcome of increased demand and infrastructure investment. Warren Buffett described higher energy prices as part of a functioning economic system during Berkshire Hathaway’s annual meeting. He noted that
Quick Read - Trump threatened to physically seize Kharg Island, Iran's primary oil export terminal, while QQQ trades down 7% on the week. - Consumer sentiment already sits below the 60 recessionary threshold, and a June CPI print accelerated by oil could force an impossible Fed...</strong
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