US futures jumped this morning after Trump posted constructive Iran talks underway. The president postponed attacks on Iranian energy facilities reversing weeks of escalation. Markets surged after 19 days of Middle East war chaos.
Oil tumbled as Brent contracts unwound. FT reported traders placed $580M in oil bets 15 minutes before Trump's Truth Social message raising questions about information flows. Crude gave back gains after spiking above $95 earlier this week.
European stocks opened higher staging sharp rebounds. CNBC noted Asia-Pacific markets declined overnight before US signals emerged. The whipsaw reflected extreme positioning around energy supply disruption fears.
HOOD Robinhood announced $1.5B buyback this morning sending shares up 4% premarket. The fintech joined CRCL Circle in capital return plans as crypto trading volumes recovered.
BABA Alibaba unveiled 5nm AI chipset design amid OpenClaw frenzy per Nikkei Asia. The Chinese tech giant pushed into advanced semiconductor territory despite US export controls. ARM Arm Holdings grabbed attention as chip design demand intensified.
Wells Fargo upgraded OKE ONEOK to overweight raising target to $100. BofA initiated PAYO Payoneer at buy with $6 target showing renewed fintech optimism. Guggenheim lifted AXSM Axsome Therapeutics target to $245 maintaining buy.
CAR Avis Budget SI exploded to 67.4% up 10.7 points in three days as bears ambushed the rental car stock. ALKT Alkami insiders bought $59.8M showing conviction amid volatility.
UK gilt yields hit highest since 2008 as traders bet on four BOE rate hikes this year. Indonesia probed investment banks for alleged capital market crimes following January's stock plunge.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
