Iran, Trump and Stocks
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Intel is on track to close higher for seven straight sessions and BlackBerry jumps after posting better-than-expected quarterly adjusted earnings and issuing an upbeat forecast.
Stocks extend relief rally on hopes that U.S.-Iran ceasefire will stick, Dow turns positive for 2026
The stock market is near its bottom, according to Jenny Harrington, the CEO of Gilman Hill Asset Management, and Josh Brown, CEO of Ritholtz Wealth Management. The investors on CNBC's Halftime Report cited an improved backdrop and strong consumer sentiment as signs of a market correction.
The ongoing conflict with Iran continues to pressure global markets. Despite the announcement of a ceasefire deal between the U.S. and Iran, stock indices dipped during early trading while crude oil prices began an upward climb.
Dow and LyondellBasell stocks tumbled after oil prices fell, but an analyst says investors are underestimating the sector’s earnings power.
Investors around the world breathed a sigh of relief at the prospect of peace — and an easing of the global energy crisis.
The S&P 500's Shiller CAPE ratio recently reached its highest level in more than 20 years, suggesting stock valuations are bloated. At the same time, economists around the world are anticipating muted economic growth in 2026, and some are even calling for a recession.
Software stocks resumed their AI-driven slump Thursday as investors grappled with Anthropic's announcement it had developed a frontier model so capable it's not safe to make public.
Assuming Micron does achieve $98.91 per share in earnings in the next fiscal year, and that its forward earnings multiple adjusts to 23 -- in line with that of the tech-laden Nasdaq 100 index -- its stock price could jump to $2,275. That would be a sixfold jump from current levels.
By Niket Nishant and Shashwat Chauhan April 9 (Reuters) - U.S. software shares tumbled on Thursday as fears over disruptions from advances in AI returned to the forefront following a recent update from Anthropic.
The company announced that it has discovered oil in the Bandit, potentially one of the deepest wells in the Gulf of America, which was previously known as the Gulf of Mexico.
Software stocks resumed their AI-driven slump Thursday as investors grappled with Anthropic's announcement it had developed a frontier model so capable it's not safe to make public.
Institutional investors are buying providers of the ‘picks and shovels’ as data centers strain the electric grid.