Hedge fund Caxton Associates became a high-profile victim of Iran war chaos. The London firm racked up $1.3B in losses as Middle East conflict sparked market upheaval. FT reported the firm struggled amid oil volatility and Treasury yield spikes.
US borrowing costs jumped the most since 2024. Treasury yields surged in March as investors feared prolonged conflict would fuel fresh inflation. Iran war uncertainty pushed rates higher across the curve showing haven bid evaporating.
Gold tumbled for a third straight week despite traditional safe haven status. The precious metal fell as margin calls forced investor selling. Analysts predicted rebound despite geopolitical turmoil persisting.
PONY Pony.ai partnered with UBER Uber and Verne to launch Europe's first commercial robotaxi service. The Gen-7 autonomous system marked expansion beyond US markets. California regulators said TSLA Tesla's ride-hailing service isn't true robotaxi technology.
Elizabeth Warren slammed Trump's AI council as big tech dominated appointments. AMD AMD CEO Lisa Su and Dell's Michael Dell thanked the administration while Warren claimed only money gets seats at the table.
Companies accelerated debt raising plans taking advantage of market rebounds. Investors snapped up $55B in bonds to finance EA Electronic Arts' take-private deal. The transaction showed appetite for risky debt survived geopolitical tumult.
Turkey's central bank spent $30B defending the lira as foreign investors fled during Iran war. Analysts warned reserve drain could force gold sales to prop up currency.
Bears targeted tiny names with unprecedented aggression. PAVS Paranovus SI exploded to 1907% as micro-caps absorbed extreme short pressure. Energy options continued explosive growth as crisis extended.
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.
