US stocks posted their worst day since the Middle East crisis began. The selloff came as fresh inflation data sent Treasury yields soaring. Trump extended the Iran strike deadline offering diplomatic hope yet markets remained fragile.
Asia finished mixed tracking Wall Street losses. TSLA Tesla faces Q1 slowdown with 365K deliveries expected marking weaker demand momentum. Ships now forgo cargo to carry fuel as Iran war sends prices soaring. Global shipping fuel costs jumped nearly $5B since the conflict erupted.
FT reported Treasury market shows strain with deteriorating ease of trading. Investors flagged the world's most important debt market faces unprecedented liquidity stress. Bond yields climbed as inflation expectations refused to settle.
European stocks closed lower despite Trump's diplomatic overture. UK's Bank of London absorbed a new client freeze from regulators. The lossmaking fintech was fined £2M for misleading statements about capital positions.
GSK GSK shares moved as its hepatitis B drug bepirovirsen entered EMA review. The treatment posted positive Phase III results positioning as first functional cure for chronic HBV.
BABA Alibaba and ByteDance plan orders for Huawei's new AI chip per Reuters exclusive. The Chinese tech giants pivot from NVDA Nvidia as semiconductor restrictions force supply chain reshuffling.
Musk weighs giving retail investors 30% of SpaceX's IPO betting they won't bail. The unorthodox structure contrasts with frozen capital markets elsewhere.
CAR Avis Budget short interest exploded 13 points in one week to 69% as bears piled in. DELL Dell insiders unloaded $146M through 32 filings showing systematic exits. MGM MGM grabbed attention with $37M in rare insider buying.
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.
