FT reports Gulf nations consider new pipelines avoiding the Strait of Hormuz. Conflict prompted countries to revisit plans replicating Saudi Arabia's East-West pipeline. Oil traders who thrive on volatility got caught out by crisis scale. Bangladesh to Zambia imposed energy rationing as Middle East flows stayed blocked.
Trump indicated Iran war could end within weeks tempering immediate panic. Oil prices fell back toward $100 after the speech. CNBC reports Asia-Pacific markets rose on hopes for Hormuz reopening. Gold dropped on stronger dollar and rising rate bets.
NVDA Nvidia became the center of Samsung versus SK Hynix battle over hybrid bonding technology. The Korean chipmakers compete to supply next generation AI chips. ARM Arm Holdings grabbed price target boost to $230 from Mizuho maintaining outperform. MU Micron appeared in breaking news on memory demand.
PRAX Praxis Precision Medicines trial cut seizures 77% in rare pediatric epilepsy. The biotech showed broad developmental gains with clean safety. Tyra Biosciences secured Canaccord initiation at buy with $50 target.
DAL Delta reports Tuesday amid fuel volatility. GS Goldman posts Sunday navigating trading chaos. CHWY Chewy absorbed dual analyst cuts despite Q4 beat on margin worries.
Bears covered AGL agilon as SI plunged 43 points despite remaining at 212%. FUBO FuboTV SI jumped to 71% with near-zero borrow availability.
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.
